EVOLUTION GAMING GROUP AB (EVO-STO)
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This summary was created by AI, based on 2 opinions in the last 12 months.
EVOLUTION GAMING GROUP AB, symbol EVO-STO, stands out as a leading Swedish gaming company, characterized by its low capital requirements and an expansive customer base. With no debt and a founder-led management team, the company has demonstrated impressive EBITDA margins of around 70%. Through its innovative offerings, it serves as the largest online casino in the world, supporting both land-based and online platforms. While the company's growth in earnings has moderated recently, it still boasts robust expansion rates in the 20-30% range, underpinned by high-quality products. Currently, analysts have set a price target of 1479.13 SEK, reflecting strong confidence in the stock given its attractive valuation at a price-to-earnings ratio of 19.
Technically, the largest casino in the world. Provides online backbone for land-based casinos and online casinos. Based in Sweden. Founder run and owned. Trading at 19x PE. Strong moat, in part because product quality is so high.
No debt. Margins are some of the highest he's ever seen, in 60% range. Growing earnings rapidly in 20-30% range, though that's come down a bit from 40%. A 4% weighting for his portfolio. (Price target is in Swedish krona.) Yield is 2.7%.
Swedish online gaming business. World's largest casino. Asset light business with high return on equity. Huge number of customers. Extremely profitable business model. Founder led and owned. Zero debt levels, and also pays a dividend. Will be a long term hold. Would recommend buying at current price.
Strong business with high margins. Largest casino in the world with white label products online. Excellent cash flow with great management team. Recent weakness in share price presenting good buying opportunity. Excellent long term value. Founder led & founder owned.
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EVOLUTION GAMING GROUP AB(EVO-STO) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
EVOLUTION GAMING GROUP AB(EVO-STO) Frequently Asked Questions
What is EVOLUTION GAMING GROUP AB stock symbol?
EVOLUTION GAMING GROUP AB is a OTC stock, trading under the symbol EVO-STO on the (). It is usually referred to as or EVO-STO
Is EVOLUTION GAMING GROUP AB a buy or a sell?
In the last year, 1 stock analyst published opinions about EVO-STO. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for EVOLUTION GAMING GROUP AB.
Is EVOLUTION GAMING GROUP AB a good investment or a top pick?
EVOLUTION GAMING GROUP AB was recommended as a Top Pick by on . Read the latest stock experts ratings for EVOLUTION GAMING GROUP AB.
Why is EVOLUTION GAMING GROUP AB stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is EVOLUTION GAMING GROUP AB worth watching?
1 stock analyst on Stockchase covered EVOLUTION GAMING GROUP AB In the last year. It is a trending stock that is worth watching.
What is EVOLUTION GAMING GROUP AB stock price?
On , EVOLUTION GAMING GROUP AB (EVO-STO) stock closed at a price of $.
Stock chart looks ugly. But it's a predictable business, so that means the forward rate of return is going up. Trades at about 10x PE, buying back shares. Continues to gain market share, currently ~60-70% globally. Very much out of favour, and exactly the type of opportunity he looks for. He added more in February. Size your position accordingly; his is 5%.
About half of earnings are from unregulated markets, but those users were accessing regulated markets. UK represents about only 3% of revenues, but its gaming commission investigated that issue. Cyberattack. Employee unrest in Georgia. He feels these are short-term glitches. Yield is 4%.