(EVO) Evolution (publ) - Ratings and Ratios
Casino Games, Live Games, Online Casino Systems, Gaming Software, Jackpot System
EVO EPS (Earnings per Share)
EVO Revenue
Description: EVO Evolution (publ)
Evolution AB (publ) is a leading provider of online casino systems, offering a diverse portfolio of casino and live games under various brand names, including Evolution, Ezugi, NetEnt, Red Tiger, Big Time Gaming, Nolimit City, DigiWheel, and Livespins. The company operates globally, serving gaming operators across Europe, Asia, North America, Latin America, and other regions.
The companys product offerings include casino games, software, and platforms, such as jackpot systems, bonus management applications, and gamification solutions. Evolution AB (publ) has a strong presence in the online gaming industry, with a history dating back to 2006 and a headquarters in Stockholm, Sweden. Key performance indicators (KPIs) to watch include revenue growth, market share expansion, and the successful integration of acquired brands.
From a financial perspective, Evolution AB (publ) has demonstrated strong profitability, with a Return on Equity (RoE) of 31.52%. The companys valuation multiples, including a Price-to-Earnings (P/E) ratio of 11.46 and a forward P/E of 13.42, indicate a relatively attractive valuation compared to industry peers. Additional KPIs to monitor include the companys EBITDA margin, operating cash flow, and capital allocation decisions, such as dividend payments and share buybacks.
To further evaluate Evolution AB (publ), it is essential to analyze its competitive positioning, market trends, and regulatory environment. The online gaming industry is subject to changing regulations, technological advancements, and shifting consumer preferences. As a leading player, Evolution AB (publ) must adapt to these changes while maintaining its market share and driving growth through innovation and strategic acquisitions.
EVO Stock Overview
| Market Cap in USD | 17,135m |
| Sub-Industry | Casinos & Gaming |
| IPO / Inception |
EVO Stock Ratings
| Growth Rating | -21.5% |
| Fundamental | 92.6% |
| Dividend Rating | 71.4% |
| Return 12m vs S&P 500 | -27.4% |
| Analyst Rating | - |
EVO Dividends
| Dividend Yield 12m | 3.88% |
| Yield on Cost 5y | 6.03% |
| Annual Growth 5y | 47.72% |
| Payout Consistency | 88.2% |
| Payout Ratio | 5.4% |
EVO Growth Ratios
| Growth Correlation 3m | 48.8% |
| Growth Correlation 12m | -58.2% |
| Growth Correlation 5y | -17% |
| CAGR 5y | 2.82% |
| CAGR/Max DD 3y | 0.05 |
| CAGR/Mean DD 3y | 0.14 |
| Sharpe Ratio 12m | -0.42 |
| Alpha | -22.75 |
| Beta | 0.295 |
| Volatility | 30.04% |
| Current Volume | 539.5k |
| Average Volume 20d | 417.7k |
| Stop Loss | 798.6 (-3%) |
| Signal | 0.76 |
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income (1.21b TTM) > 0 and > 6% of Revenue (6% = 125.9m TTM) |
| FCFTA 0.23 (>2.0%) and ΔFCFTA -1.05pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 28.84% (prev 44.04%; Δ -15.20pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.26 (>3.0%) and CFO 1.27b > Net Income 1.21b (YES >=105%, WARN >=100%) |
| Net Debt (-405.0m) to EBITDA (1.41b) ratio: -0.29 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.62 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (203.9m) change vs 12m ago -3.37% (target <= -2.0% for YES) |
| Gross Margin 66.99% (prev 66.94%; Δ 0.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 43.03% (prev 40.37%; Δ 2.66pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 197.1 (EBITDA TTM 1.41b / Interest Expense TTM 6.37m) >= 6 (WARN >= 3) |
Altman Z'' 4.84
| (A) 0.12 = (Total Current Assets 1.57b - Total Current Liabilities 969.3m) / Total Assets 4.95b |
| (B) 0.31 = Retained Earnings (Balance) 1.52b / Total Assets 4.95b |
| (C) 0.26 = EBIT TTM 1.26b / Avg Total Assets 4.88b |
| (D) 1.24 = Book Value of Equity 1.52b / Total Liabilities 1.22b |
| Total Rating: 4.84 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 92.57
| 1. Piotroski 7.50pt = 2.50 |
| 2. FCF Yield 8.02% = 4.01 |
| 3. FCF Margin 54.27% = 7.50 |
| 4. Debt/Equity 0.02 = 2.50 |
| 5. Debt/Ebitda 0.06 = 2.50 |
| 6. ROIC - WACC 20.64% = 12.50 |
| 7. RoE 30.89% = 2.50 |
| 8. Rev. Trend 95.42% = 4.77 |
| 9. Rev. CAGR 12.57% = 1.57 |
| 10. EPS Trend 62.02% = 1.55 |
| 11. EPS CAGR 6.68% = 0.67 |
What is the price of EVO shares?
Over the past week, the price has changed by +3.34%, over one month by +0.00%, over three months by +13.42% and over the past year by -13.64%.
Is Evolution (publ) a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of EVO is around 775.48 SEK . This means that EVO is currently overvalued and has a potential downside of -5.82%.
Is EVO a buy, sell or hold?
What are the forecasts/targets for the EVO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 903.4 | 9.7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 853.7 | 3.7% |
EVO Fundamental Data Overview
Market Cap EUR = 14.61b (159.84b SEK * 0.0914 SEK.EUR)
CCE Cash And Equivalents = 494.9m EUR (Cash And Short Term Investments, last quarter)
P/E Trailing = 12.406
P/E Forward = 11.6279
P/S = 71.0569
P/B = 3.9149
Beta = 0.991
Revenue TTM = 2.10b EUR
EBIT TTM = 1.26b EUR
EBITDA TTM = 1.41b EUR
Long Term Debt = 73.7m EUR (from longTermDebtTotal, last quarter)
Short Term Debt = 16.2m EUR (from shortTermDebt, last quarter)
Debt = 89.9m EUR (Calculated: Short Term 16.2m + Long Term 73.7m)
Net Debt = -405.0m EUR (from netDebt column, last quarter)
Enterprise Value = 14.20b EUR (14.61b + Debt 89.9m - CCE 494.9m)
Interest Coverage Ratio = 197.1 (Ebit TTM 1.26b / Interest Expense TTM 6.37m)
FCF Yield = 8.02% (FCF TTM 1.14b / Enterprise Value 14.20b)
FCF Margin = 54.27% (FCF TTM 1.14b / Revenue TTM 2.10b)
Net Margin = 57.60% (Net Income TTM 1.21b / Revenue TTM 2.10b)
Gross Margin = 66.99% ((Revenue TTM 2.10b - Cost of Revenue TTM 692.7m) / Revenue TTM)
Tobins Q-Ratio = 9.33 (Enterprise Value 14.20b / Book Value Of Equity 1.52b)
Interest Expense / Debt = 7.09% (Interest Expense 6.37m / Debt 89.9m)
Taxrate = 13.55% (194.9m / 1.44b)
NOPAT = 1.09b (EBIT 1.26b * (1 - 13.55%))
Current Ratio = 1.62 (Total Current Assets 1.57b / Total Current Liabilities 969.3m)
Debt / Equity = 0.02 (Debt 89.9m / last Quarter total Stockholder Equity 3.73b)
Debt / EBITDA = 0.06 (Net Debt -405.0m / EBITDA 1.41b)
Debt / FCF = 0.08 (Debt 89.9m / FCF TTM 1.14b)
Total Stockholder Equity = 3.91b (last 4 quarters mean)
RoA = 24.40% (Net Income 1.21b, Total Assets 4.95b )
RoE = 30.89% (Net Income TTM 1.21b / Total Stockholder Equity 3.91b)
RoCE = 31.49% (Ebit 1.26b / (Equity 3.91b + L.T.Debt 73.7m))
RoIC = 27.74% (NOPAT 1.09b / Invested Capital 3.91b)
WACC = 7.09% (E(14.61b)/V(14.70b) * Re(7.10%)) + (D(89.9m)/V(14.70b) * Rd(7.09%) * (1-Tc(0.14)))
Shares Correlation 3-Years: -80.92 | Cagr: -0.57%
Discount Rate = 7.10% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈1.14b ; Y1≈1.41b ; Y5≈2.41b
Fair Price DCF = 203.5 (DCF Value 40.98b / Shares Outstanding 201.4m; 5y FCF grow 25.0% → 3.0% )
Revenue Correlation: 95.42 | Revenue CAGR: 12.57%
Rev Growth-of-Growth: -8.24
EPS Correlation: 62.02 | EPS CAGR: 6.68%
EPS Growth-of-Growth: -11.06