Added to YB: 2024-06-14
Pitch date: 2024-06-13
EVO.ST [bullish]
Evolution AB (publ)
-38.31%
current return
Author Info
No bio for this author
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 1.0K
Price Target
N/A
Dividend
4.93%
EV/EBITDA
7.33
P/E
10.26
EV/Sales
4.81
Sector
Hotels, Restaurants and Leisure
Category
growth
Portfolio and thesis update - Evolution AB
EVO.ST: Online casino systems provider with stellar fundamentals. 5yr rev CAGR 46.9%, EPS 56.9%, 2yr fwd rev 17.1%, EPS 13.1%. 58.2% net margin, 39.75% ROE, 39.17% ROCE, 42.27% ROIC. Trades at 19.5x trailing P/E, 17.4x fwd P/E, 17.5x fwd P/FCF after consolidation. Low CAPEX needs, consistent growth, and strong profitability signal further upside potential as multiples catch up to fundamentals.
Read full article (1 min)