Added to YB: 2024-06-24
Pitch date: 2024-06-21
EVO.ST [bullish]
Evolution AB (publ)
-39.34%
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 11.5B
Pitch Price
SEK 1.0K
Price Target
N/A
Dividend
4.85%
EV/EBITDA
7.45
P/E
10.42
EV/Sales
4.89
Sector
Hotels, Restaurants and Leisure
Category
growth
Evolution Gaming Pitch
EVO.ST: Leading B2B online gambling co w/ 1.7% market share. Assuming 12.5% rev CAGR (3% gambling CAGR, 30% online share by '33), 2.8% capital return, 15x terminal PE = 12.8% IRR. Bullish case: 20% CAGR, 4% share = 20.1% IRR. Risks: Asian regulation, growth sustainability.
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