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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.
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
In the last year, there was no coverage of EVOLUTION GAMING GROUP AB published on Stockchase.
EVOLUTION GAMING GROUP AB was recommended as a Top Pick by on . Read the latest stock experts ratings for EVOLUTION GAMING GROUP AB.
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0 stock analysts on Stockchase covered EVOLUTION GAMING GROUP AB In the last year. It is a trending stock that is worth watching.
On , EVOLUTION GAMING GROUP AB (EVO-STO) stock closed at a price of $.
Swedish gaming company that has low capital requirements, with huge customer base. No debt with founder led/owned management team. ~70% EBITDA margins. Trading at very good valuation. Has been buying shares.