Net Gaming Europe AB (publ), through its subsidiaries, owns, develops, and operates comparison and news sites in Sweden.
Acceptable track record with mediocre balance sheet.
Share Price & News
How has Net Gaming Europe's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 7NG's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 7NG exceeded the German Hospitality industry which returned -36.2% over the past year.
Return vs Market: 7NG underperformed the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is Net Gaming Europe's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Net Gaming Europe undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 7NG (€0.3) is trading above our estimate of fair value (€0.06)
Significantly Below Fair Value: 7NG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 7NG is poor value based on its PE Ratio (43.8x) compared to the Hospitality industry average (20.9x).
PE vs Market: 7NG is poor value based on its PE Ratio (43.8x) compared to the German market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 7NG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 7NG is overvalued based on its PB Ratio (8.7x) compared to the DE Hospitality industry average (2x).
How is Net Gaming Europe forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Net Gaming Europe has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 7NG’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Net Gaming Europe competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
How has Net Gaming Europe performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 7NG has high quality earnings.
Growing Profit Margin: 7NG's current net profit margins (42.8%) are higher than last year (41.5%).
Past Earnings Growth Analysis
Earnings Trend: 7NG has become profitable over the past 5 years, growing earnings by 64.2% per year.
Accelerating Growth: 7NG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 7NG had negative earnings growth (-24.1%) over the past year, making it difficult to compare to the Hospitality industry average (-15.6%).
Return on Equity
High ROE: 7NG's Return on Equity (20%) is considered low.
How is Net Gaming Europe's financial position?
Financial Position Analysis
Short Term Liabilities: 7NG's short term assets (€5.5M) do not cover its short term liabilities (€25.2M).
Long Term Liabilities: 7NG's short term assets (€5.5M) exceed its long term liabilities (€177.0K).
Debt to Equity History and Analysis
Debt Level: 7NG's debt to equity ratio (79.1%) is considered high.
Reducing Debt: Insufficient data to determine if 7NG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 7NG's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 7NG's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is Net Gaming Europe current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 7NG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 7NG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 7NG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 7NG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 7NG's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Andersson (43yo)
Mr. Robert Andersson has been President and Chief Executive Officer of Net Gaming Europe AB (publ) since February 21, 2020. Mr. Andersson served as Chief Executive Officer and President of Nordic Leisure A ...
|President & CEO||0.42yr||no data||no data|
|Group CFO & Secretary||1.92yrs||no data||0.040% €9.5k|
|Group Chief Accountant||1.92yrs||no data||no data|
|Group Chief Technology Officer||1.83yrs||no data||no data|
|Chief Legal Officer||no data||no data||no data|
|Chief Executive Officer of Highlight Media||2.83yrs||no data||no data|
Experienced Management: 7NG's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Director||1.5yrs||no data||no data|
|Director||1.5yrs||no data||no data|
|Chairman of the Board||8.25yrs||€160.00k||0.00013% €31.2|
|Independent Director||3.67yrs||€80.00k||0.58% €139.1k|
Experienced Board: 7NG's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Net Gaming Europe AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Net Gaming Europe AB (publ)
- Ticker: 7NG
- Exchange: DB
- Founded: 2003
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr251.763m
- Listing Market Cap: kr24.023m
- Shares outstanding: 75.60m
- Website: https://www.netgaming.se
Number of Employees
- Net Gaming Europe AB (publ)
- Stureplan 6, 4 tr.
- Stockholm County
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NETG||OM (OMX Nordic Exchange Stockholm)||Yes||Class A Shares||SE||SEK||May 2009|
|7NG||DB (Deutsche Boerse AG)||Yes||Class A Shares||DE||EUR||May 2009|
Net Gaming Europe AB (publ), through its subsidiaries, owns, develops, and operates comparison and news sites in Sweden. It operates comparison and news sites under various digital brands, such as casinoloco.com and pokerloco.com. The company offers gaming guides, rules, and playing tips to find the right casino or poker room, or to find odds within a specific sport for iGaming’s end consumers through its comparison and news sites. Net Gaming Europe AB (publ) was founded in 2003 and is based in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/06 21:35|
|End of Day Share Price||2020/07/06 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.