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Evolution AB EVO

Morningstar Rating
SEK 1,281.00 −14.50 (1.12%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

EVO is trading at a 3% premium.
Price
SEK 1,295.08
Fair Value
SEK 1,313.84
Uncertainty
High
1-Star Price
SEK 9,141.77
5-Star Price
SEK 124.95
Economic Moat
Hkcy
Capital Allocation
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Trading Information

Previous Close Price
SEK 1,295.50
Day Range
SEK 1,271.001,287.00
52-Week Range
SEK 935.001,469.00
Bid/Ask
SEK 1,284.00 / SEK 1,284.50
Market Cap
SEK 270.35 Bil
Volume/Avg
410,763 / 446,957

Key Statistics

Price/Earnings (Normalized)
22.85
Price/Sales
13.59
Dividend Yield (Trailing)
0.15%
Dividend Yield (Forward)
2.30%
Total Yield
0.49%

Company Profile

Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.
Sector
Consumer Cyclical
Industry
Gambling
Stock Style Box
Large Growth
Total Number of Employees
19,221

Comparables

Valuation

Metric
EVO
BETS B
NGMS
Price/Earnings (Normalized)
22.857.22134.40
Price/Book Value
6.251.747.70
Price/Sales
13.591.364.64
Price/Cash Flow
19.835.46
Price/Earnings
EVO
BETS B
NGMS

Financial Strength

Metric
EVO
BETS B
NGMS
Quick Ratio
2.991.611.10
Current Ratio
3.071.711.10
Interest Coverage
227.3515.85−0.17
Quick Ratio
EVO
BETS B
NGMS

Profitability

Metric
EVO
BETS B
NGMS
Return on Assets (Normalized)
23.32%15.63%−1.74%
Return on Equity (Normalized)
29.24%24.38%−5.96%
Return on Invested Capital (Normalized)
28.39%21.34%−0.27%
Return on Assets
EVO
BETS B
NGMS
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Gambling Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
FLUT
Flutter Entertainment PLCNjkxq$32.6 Bil
EVGGF
Evolution ABHnwts$25.0 Bil
EVVTY
Evolution AB ADRLjzpy$25.0 Bil
DKNG
DraftKings Inc Ordinary Shares - Class ACbklwytLgv$19.8 Bil
ARLUF
Aristocrat Leisure LtdKpbxzf$16.4 Bil
CHDN
Churchill Downs IncNpnks$8.8 Bil
LNW
Light & Wonder Inc Ordinary SharesFmllxcbccHxw$7.9 Bil
LFDJF
La Francaise Des Jeux SA Ordinary SharesQwf$7.2 Bil
LTRCF
The Lottery Corp LtdMwqd$7.1 Bil
GMVHF
Entain PLCVrvrhd$6.6 Bil

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