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Added to YB: 2024-08-02

Pitch date: 2024-08-01

EVO.ST [bullish]

Evolution AB (publ)

-35.47%

current return

Author Info

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 974.78

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

Show full summary:
The Wolf of Harcourt Street Portfolio Review (July 2024): Added On Position - Evolution AB

EVO.ST: Global gaming leader growing double digits despite weak Q2. 15x fwd P/E, €400M buyback (€6M/day) supports price floor. New capital allocation framework provides shareholder certainty. Market expansion & leadership position offer upside potential despite recent sell-off.

Read full article (1 min)