Added to YB: 2024-07-09
Pitch date: 2024-07-07
EVO.ST [bullish]
Evolution AB (publ)
-40.1%
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 1.1K
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
Betting on a Proven Winner - Evolution AB
EVO.ST: Live casino leader w/ 70% market share. 15-20% growth, 25% ROE, 50% dividend payout. Q1 24% underlying growth. Cheap at <€100, DCF fair value €135-262. Risks: regulation, customer concentration. Strong moat: scale, switching costs, network effects. 19% 10yr IRR potential.
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