Added to YB: 2024-03-15
Pitch date: 2024-03-14
EVO.ST [bullish]
Evolution AB (publ)
-50.86%
current return
Author Info
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Company Info
Evolution AB (publ) develops, produces, markets, and licenses online casino systems to gaming operators in Europe, Asia, North America, Latin America, and internationally.
Market Cap
SEK 11.3B
Pitch Price
SEK 1.3K
Price Target
1.6K (+159%)
Dividend
4.93%
EV/EBITDA
7.33
P/E
10.26
EV/Sales
4.81
Sector
Hotels, Restaurants and Leisure
Category
growth
Show full summary:
Evolution: 2024 Financial Model and Valuation Update
EVO.ST: Revenue +23% to €1.8B in 2023 (5yr CAGR 49%). 64% op margin, highest ever 70% EBITDA margin. €1B FCF (60% margin). DCF assumes 15% rev CAGR '23-'28, 66% EBITDA margin. €144.62 fair value (+18% upside). 74% 5yr FCF CAGR, 11.5% assumed conservative.
Read full article (3 min)