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LeoVegas

LSE:0GDH
Snowflake Description

Undervalued with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0GDH
LSE
SEK3B
Market Cap
  1. Home
  2. GB
  3. Consumer Services
Company description

LeoVegas AB (publ), a mobile gaming company, engages in the mobile casino and related gaming entertainment business in Sweden, the United kingdom, rest of Europe, other Nordic countries, and internationally. The last earnings update was 22 days ago. More info.


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0GDH Share Price and Events
7 Day Returns
1.7%
LSE:0GDH
-0.5%
GB Hospitality
-1.3%
GB Market
1 Year Returns
-62.3%
LSE:0GDH
-8.6%
GB Hospitality
-5.9%
GB Market
0GDH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LeoVegas (0GDH) 1.7% 17.7% -13.3% -62.3% - -
GB Hospitality -0.5% -0.9% -3% -8.6% 10.8% 28.3%
GB Market -1.3% -3.3% 0.8% -5.9% 12.6% 0.4%
1 Year Return vs Industry and Market
  • 0GDH underperformed the Hospitality industry which returned -8.6% over the past year.
  • 0GDH underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.9% over the past year.
Price Volatility
0GDH
Industry
5yr Volatility vs Market
Related Companies

0GDH Value

 Is LeoVegas undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of LeoVegas to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for LeoVegas.

LSE:0GDH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.9%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for LSE:0GDH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.917 (1 + (1- 22%) (38.26%))
1.128
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (1.128 * 5.96%)
7.95%

Discounted Cash Flow Calculation for LSE:0GDH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for LeoVegas is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

LSE:0GDH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 7.95%)
2019 20.00 Analyst x2 18.53
2020 39.00 Analyst x2 33.47
2021 52.00 Analyst x2 41.34
2022 62.60 Est @ 20.38% 46.10
2023 71.76 Est @ 14.64% 48.95
2024 79.38 Est @ 10.61% 50.16
2025 85.56 Est @ 7.8% 50.09
2026 90.55 Est @ 5.83% 49.10
2027 94.58 Est @ 4.45% 47.51
2028 97.87 Est @ 3.48% 45.54
Present value of next 10 years cash flows €430.78
LSE:0GDH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €97.87 × (1 + 1.23%) ÷ (7.95% – 1.23%)
€1,473.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,473.60 ÷ (1 + 7.95%)10
€685.74
LSE:0GDH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €430.78 + €685.74
€1,116.53
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,116.53 / 101.65
€11.04
LSE:0GDH Discount to Share Price
Calculation Result
Exchange Rate EUR/SEK
(Reporting currency to currency of OM:LEO)
10.704
Value per Share
(SEK)
= Value per Share in EUR x Exchange Rate (EUR/SEK)
= €10.98 x 10.704
SEK117.57
Non-primary Listing Adjustment Factor 1 share in LSE:0GDH represents 0.99466x of OM:LEO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99466x
Value per Share
(Listing Adjusted, SEK)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 117.57 x 0.99466
SEK116.94
Value per share (SEK) From above. SEK116.94
Current discount Discount to share price of SEK29.80
= -1 x (SEK29.80 - SEK116.94) / SEK116.94
74.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price LeoVegas is available for.
Intrinsic value
>50%
Share price is SEK29.8 vs Future cash flow value of SEK116.94
Current Discount Checks
For LeoVegas to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • LeoVegas's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • LeoVegas's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for LeoVegas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LeoVegas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
LSE:0GDH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €0.41
OM:LEO Share Price ** OM (2019-05-24) in SEK SEK29.96
OM:LEO Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.093 €2.8
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PE Ratio Median Figure of 34 Publicly-Listed Hospitality Companies 18.43x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of LeoVegas.

LSE:0GDH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:LEO Share Price ÷ EPS (both in EUR)

= 2.8 ÷ 0.41

6.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LeoVegas is good value based on earnings compared to the GB Hospitality industry average.
  • LeoVegas is good value based on earnings compared to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does LeoVegas's expected growth come at a high price?
Raw Data
LSE:0GDH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
24.3%per year
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PEG Ratio Median Figure of 28 Publicly-Listed Hospitality Companies 2.05x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

LSE:0GDH PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 6.85x ÷ 24.3%

0.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LeoVegas is good value based on expected growth next year.
Price based on value of assets
What value do investors place on LeoVegas's assets?
Raw Data
LSE:0GDH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €0.93
OM:LEO Share Price * OM (2019-05-24) in SEK SEK29.96
OM:LEO Share Price converted to EUR reporting currency Exchange rate (SEK/ EUR) 0.093 €2.8
United Kingdom of Great Britain and Northern Ireland Hospitality Industry PB Ratio Median Figure of 54 Publicly-Listed Hospitality Companies 1.33x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.48x
LSE:0GDH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:LEO Share Price ÷ Book Value per Share (both in EUR)

= 2.8 ÷ 0.93

3.02x

* Primary Listing of LeoVegas.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • LeoVegas is overvalued based on assets compared to the GB Hospitality industry average.
X
Value checks
We assess LeoVegas's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. LeoVegas has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

0GDH Future Performance

 How is LeoVegas expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
24.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LeoVegas expected to grow at an attractive rate?
  • LeoVegas's earnings growth is expected to exceed the low risk savings rate of 1.2%.
Growth vs Market Checks
  • LeoVegas's earnings growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
  • LeoVegas's revenue growth is expected to exceed the United Kingdom of Great Britain and Northern Ireland market average.
Annual Growth Rates Comparison
Raw Data
LSE:0GDH Future Growth Rates Data Sources
Data Point Source Value (per year)
LSE:0GDH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 24.3%
LSE:0GDH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 14.9%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 12%
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.8%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
LSE:0GDH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
LSE:0GDH Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 495 69 41 3
2020-12-31 431 55 27 3
2019-12-31 367 38 11 3
LSE:0GDH Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 337 31 42
2018-12-31 328 36 43
2018-09-30 311 37 23
2018-06-30 288 48 16
2018-03-31 250 40 15
2017-12-31 217 34 18
2017-09-30 190 39 27
2017-06-30 174 37 29
2017-03-31 156 24 21
2016-12-31 141 27 14
2016-09-30 126 19 5
2016-06-30 109 10 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LeoVegas's earnings are expected to grow significantly at over 20% yearly.
  • LeoVegas's revenue is expected to grow by 14.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
LSE:0GDH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from LeoVegas Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0GDH Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.40 0.44 0.34 3.00
2020-12-31 0.26 0.31 0.21 3.00
2019-12-31 0.14 0.14 0.13 2.00
LSE:0GDH Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 0.41
2018-12-31 0.43
2018-09-30 0.23
2018-06-30 0.16
2018-03-31 0.15
2017-12-31 0.18
2017-09-30 0.27
2017-06-30 0.29
2017-03-31 0.21
2016-12-31 0.14
2016-09-30 0.05
2016-06-30 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • LeoVegas is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess LeoVegas's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
LeoVegas has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

0GDH Past Performance

  How has LeoVegas performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare LeoVegas's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • LeoVegas has delivered over 20% year on year earnings growth in the past 5 years.
  • LeoVegas's 1-year earnings growth exceeds its 5-year average (187.2% vs 57.6%)
  • LeoVegas's earnings growth has exceeded the GB Hospitality industry average in the past year (187.2% vs 12.8%).
Earnings and Revenue History
LeoVegas's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from LeoVegas Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

LSE:0GDH Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 336.75 41.74 168.29 -8.59
2018-12-31 327.82 43.15 164.69 -7.19
2018-09-30 311.16 22.59 157.11 -4.84
2018-06-30 288.23 16.23 146.81 -4.65
2018-03-31 250.47 14.53 133.74 -3.96
2017-12-31 217.01 18.13 119.70 -3.71
2017-09-30 190.35 26.51 101.32 -3.21
2017-06-30 174.45 29.05 92.26 -4.48
2017-03-31 155.77 21.35 84.74 -2.97
2016-12-31 141.40 14.43 79.21 -2.81
2016-09-30 126.27 4.69 68.93 -1.32
2016-06-30 109.15 -3.38 66.91 0.48
2016-03-31 96.67 -1.31 61.34 -0.41
2015-12-31 83.02 0.43 54.29
2014-12-31 36.99 1.72 27.05 -0.65
2013-12-31 16.07 -0.48 11.58 -0.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst LeoVegas made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • LeoVegas used its assets more efficiently than the GB Hospitality industry average last year based on Return on Assets.
  • LeoVegas's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess LeoVegas's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
LeoVegas has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

0GDH Health

 How is LeoVegas's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up LeoVegas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LeoVegas's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • LeoVegas's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of LeoVegas's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from LeoVegas Company Filings, last reported 1 month ago.

LSE:0GDH Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 99.91 108.86 48.69
2018-12-31 99.93 99.64 44.82
2018-09-30 77.82 94.85 35.71
2018-06-30 63.51 94.80 37.68
2018-03-31 64.81 84.76 33.71
2017-12-31 58.91 20.02 45.66
2017-09-30 57.39 0.00 66.63
2017-06-30 50.77 0.00 59.72
2017-03-31 55.97 0.00 64.02
2016-12-31 50.84 0.00 56.15
2016-09-30 40.95 0.00 48.09
2016-06-30 31.95 0.00 39.22
2016-03-31 34.62 0.00 30.18
2015-12-31 16.55 0.00 19.36
2014-12-31 15.08 0.00 17.48
2013-12-31 1.88 0.00 2.85
  • LeoVegas's level of debt (109%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 109% today).
  • Debt is well covered by operating cash flow (28%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 7.6x coverage).
X
Financial health checks
We assess LeoVegas's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. LeoVegas has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

0GDH Dividends

 What is LeoVegas's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.96%
Current annual income from LeoVegas dividends. Estimated to be 4.6% next year.
If you bought SEK2,000 of LeoVegas shares you are expected to receive SEK79 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • LeoVegas's pays a higher dividend yield than the bottom 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (2.03%).
  • LeoVegas's dividend is below the markets top 25% of dividend payers in United Kingdom of Great Britain and Northern Ireland (5.33%).
Upcoming dividend payment

Purchase LeoVegas before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
LSE:0GDH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

LSE:0GDH Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.16 3.00
2020-12-31 0.12 3.00
2019-12-31 0.11 3.00
LSE:0GDH Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-04-25 0.111 4.081
2018-05-29 0.112 2.692
2017-05-17 0.094 1.336

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, LeoVegas has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but LeoVegas only paid a dividend in the past 2 years.
Current Payout to shareholders
What portion of LeoVegas's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.5x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.4x coverage).
X
Income/ dividend checks
We assess LeoVegas's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can LeoVegas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LeoVegas has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

0GDH Management

 What is the CEO of LeoVegas's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Gustaf Hagman
COMPENSATION €212,000
AGE 44
TENURE AS CEO 4.3 years
CEO Bio

Mr. Gustaf Hagman Co-Founded LeoVegas AB (publ) in 2011 and has been its Group Chief Executive Officer since 2015 and also serves as its President. Mr. Hagman served as the Chief Executive Officer of LeoVegas AB (publ) from 2011 to 2013. He served as the Chief Operating Officer of Eurobet Nordic. Mr. Hagman has previous experience from the gaming companies Net Gaming and Eurobet. He served as the Chief Executive Officer and board member of Net Gaming © AB. He also served as a Deputy board member of IC Inter Credit AB. Mr. Hagman has studied Economics at Stockholm University and Södertörn University.

CEO Compensation
  • Gustaf's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Gustaf's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the LeoVegas management team in years:

0.8
Average Tenure
41.5
Average Age
  • The average tenure for the LeoVegas management team is less than 2 years, this suggests a new team.
Management Team

Gustaf Hagman

TITLE
Co-Founder
COMPENSATION
€212K
AGE
44
TENURE
4.3 yrs

Robin Ramm-Ericson

TITLE
Co-Founder and Directors
COMPENSATION
€295K
AGE
43

Stefan Nelson

TITLE
Chief Financial Officer
AGE
41
TENURE
0.8 yrs

Richard Woodbridge

TITLE
Chief Operating Officer
AGE
34
TENURE
0.3 yrs

Philip Doftvik

TITLE
Director of Investor Relations & Corporate Finance
AGE
33

John Strömberg

TITLE
Group Chief Technology Officer
AGE
35

Avshalom Lazar

TITLE
Chief Compliance & Legal Officer
AGE
43
TENURE
0.1 yrs

Caroline Palm

TITLE
Chief Human Resources Officer
AGE
36
TENURE
1.3 yrs

Louise Nylen

TITLE
Deputy Chief Executive Officer
AGE
42
TENURE
0.8 yrs

JARL MODÉN

TITLE
Chief Product Officer
AGE
44
TENURE
5.3 yrs
Board of Directors Tenure

Average tenure and age of the LeoVegas board of directors in years:

4.3
Average Tenure
47
Average Age
  • The tenure for the LeoVegas board of directors is about average.
Board of Directors

Marten Forste

TITLE
Chairman
COMPENSATION
€46K
AGE
47
TENURE
2 yrs

Robin Ramm-Ericson

TITLE
Co-Founder and Directors
COMPENSATION
€295K
AGE
43
TENURE
8.3 yrs

Barbara Rivera

TITLE
Director
COMPENSATION
€25K
AGE
28
TENURE
4.3 yrs

Patrik Rosén-Lidholm

TITLE
Director
COMPENSATION
€23K
AGE
51
TENURE
8.3 yrs

Per Brilioth

TITLE
Director
COMPENSATION
€23K
AGE
49
TENURE
4.3 yrs

Anna Frick

TITLE
Director
COMPENSATION
€23K
AGE
50
TENURE
4.3 yrs

Tuva Palm

TITLE
Director
COMPENSATION
€23K
AGE
44
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by LeoVegas insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
03. May 19 Buy Philip Doftvik Individual 03. May 19 03. May 19 3,200 SEK32.30 SEK103,360
15. Feb 19 Buy Marten Forste Individual 15. Feb 19 15. Feb 19 15,000 SEK33.84 SEK507,600
14. Feb 19 Sell Robin Ramm-Ericson Individual 12. Feb 19 14. Feb 19 -1,700,000 SEK35.32 SEK-59,111,566
28. Dec 18 Buy Gustaf Hagman Individual 27. Dec 18 27. Dec 18 75,000 SEK38.05 SEK2,853,720
08. Nov 18 Buy Patrik Rosen Individual 08. Nov 18 08. Nov 18 25,000 SEK39.50 SEK987,500
14. Sep 18 Buy Marten Forste Individual 14. Sep 18 14. Sep 18 10,000 SEK56.75 SEK567,500
14. Sep 18 Sell Aggregate Stockholm AB Company 12. Sep 18 12. Sep 18 -266,000 SEK62.40 SEK-16,598,399
31. Aug 18 Buy Gustaf Hagman Individual 30. Aug 18 30. Aug 18 35,000 SEK62.77 SEK2,196,950
03. Aug 18 Buy Tuva Palm Individual 03. Aug 18 03. Aug 18 281 SEK67.80 SEK19,029
03. Aug 18 Buy Viktor Fritzén Individual 03. Aug 18 03. Aug 18 5,900 SEK67.40 SEK397,660
02. Aug 18 Buy Marten Forste Individual 02. Aug 18 02. Aug 18 10,000 SEK64.47 SEK644,700
17. Jun 18 Sell Philip Doftvik Individual 15. Jun 18 15. Jun 18 -40,999 SEK73.95 SEK-3,023,641
17. Jun 18 Buy Philip Doftvik Individual 15. Jun 18 15. Jun 18 19,299 SEK74.10 SEK1,419,076
08. Jun 18 Sell JARL MODÉN Individual 08. Jun 18 08. Jun 18 -5,000 SEK74.42 SEK-372,100
08. Jun 18 Buy Marten Forste Individual 08. Jun 18 08. Jun 18 5,000 SEK73.81 SEK369,050
05. Jun 18 Sell Marcus Nylen Individual 05. Jun 18 05. Jun 18 -300,000 SEK75.40 SEK-22,470,000
X
Management checks
We assess LeoVegas's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. LeoVegas has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

0GDH News

Simply Wall St News

0GDH Company Info

Description

LeoVegas AB (publ), a mobile gaming company, engages in the mobile casino and related gaming entertainment business in Sweden, the United kingdom, rest of Europe, other Nordic countries, and internationally. It offers various types of casino games, such as slots, jackpot games, roulettes, table games, scratch lotteries, and live casinos. The company also provides sports betting and other forms of online games for individuals. It markets its products through applications and browsers on mobile devices, such as smartphones, tablets, and desktop computers. The company offers approximately 1,000 online games from approximately 48 game providers that are available on mobile devices. LeoVegas AB (publ) was incorporated in 2010 and is headquartered in Stockholm, Sweden.

Details
Name: LeoVegas AB (publ)
0GDH
Exchange: LSE
Founded: 2010
SEK3,045,522,981
101,652,970
Website: http://www.leovegasgroup.com
Address: LeoVegas AB (publ)
Luntmarkargatan 18,
Stockholm,
Stockholm County, 113 37,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM LEO Common Shares OMX Nordic Exchange Stockholm SE SEK 17. Mar 2016
DB 3LV Common Shares Deutsche Boerse AG DE EUR 17. Mar 2016
LSE 0GDH Common Shares London Stock Exchange GB SEK 17. Mar 2016
BATS-CHIXE LEOS Common Shares BATS 'Chi-X Europe' GB SEK 17. Mar 2016
Number of employees
Current staff
Staff numbers
902
LeoVegas employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 22:28
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/05/06
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.