This summary was created by AI, based on 2 opinions in the last 12 months.
Evolution Gaming Group AB, often recognized as the leading Swedish gaming company, stands out due to its low capital requirements and extensive customer base. The company's management, led by its founder, is notably debt-free, which contributes to robust financial health. With EBITDA margins hovering around 70% and rapid earnings growth ranging from 20% to 30%, although slightly tempered from 40%, the company remains an attractive investment. Furthermore, its strategic positioning as a backbone provider for both land-based and online casinos establishes a significant competitive advantage in the industry. Currently trading at a price-to-earnings ratio of 19x, analysts view it positively, estimating a price target of 1479.13 SEK, while the stock also provides a yield of 2.7%.
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.