Evolution (LSE:0RQ6) - Stock Price, News & Analysis

0RQ6 Stock Overview

Develops, produces, markets, and licenses online casino systems to gaming operators in Europe, Asia, North America, Latin America, and internationally.

About the company

0RQ6 fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	3/6
Past Performance	5/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 41.9% below our estimate of its fair value

Earnings are forecast to grow 12.42% per year

Earnings grew by 21.4% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 25.4%

Risk Analysis

Unstable dividend track record

Evolution AB (publ) Competitors

Playtech

LSE:PTEC

UK£1.4b

Rank Group

LSE:RNK

UK£408.5m

InterContinental Hotels Group

LSE:IHG

UK£12.8b

Compass Group

LSE:CPG

UK£38.0b

Price History & Performance

Summary of all time highs, changes and price drops for Evolution
Historical stock prices
Current Share Price	kr1,173.00
52 Week High	kr1,468.60
52 Week Low	kr940.40
Beta	1.06
1 Month Change	-6.81%
3 Month Change	-13.44%
1 Year Change	-17.10%
3 Year Change	-24.32%
5 Year Change	553.86%
Change since IPO	1,222.79%

Recent updates

Shareholder Returns

	0RQ6	GB Hospitality	GB Market
7D	-0.8%	-2.2%	-1.0%
1Y	-17.1%	-3.9%	8.0%

Return vs Industry: 0RQ6 underperformed the UK Hospitality industry which returned -1.6% over the past year.

Return vs Market: 0RQ6 underperformed the UK Market which returned 7.7% over the past year.

Price Volatility

Is 0RQ6's price volatile compared to industry and market?
0RQ6 volatility
0RQ6 Average Weekly Movement	3.7%
Hospitality Industry Average Movement	4.4%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	11.1%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0RQ6 has not had significant price volatility in the past 3 months.

Volatility Over Time: 0RQ6's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	15,547	Martin Carlesund	www.evolution.com

Evolution AB (publ) develops, produces, markets, and licenses online casino systems to gaming operators in Europe, Asia, North America, Latin America, and internationally. It offers casino games and live game shows under the Evolution brand; online slot games under the NetEnt brand name; and casino games and software comprising jackpot system, a smart spins bonus management application, and tournaments gamification under the Red Tiger brand. It also provides live casinos under the Ezugi brand name; slots titles and game mechanics under the Big Time Gaming brand; online casino platform and games under the Nolimit City brand name; HD spinning gaming wheels under the DigiWheel brand; and B2B social streaming games under the Livespins brand name.

Evolution AB (publ) Fundamentals Summary

How do Evolution's earnings and revenue compare to its market cap?
0RQ6 fundamental statistics
Market cap	kr248.48b
Earnings (TTM)	kr12.64b
Revenue (TTM)	kr21.71b

19.7x

P/E Ratio

11.4x

P/S Ratio

Is 0RQ6 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0RQ6 income statement (TTM)
Revenue	€1.87b
Cost of Revenue	€0
Gross Profit	€1.87b
Other Expenses	€781.61m
Earnings	€1.09b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 19, 2024

Earnings per share (EPS)	5.14
Gross Margin	100.00%
Net Profit Margin	58.21%
Debt/Equity Ratio	0%

How did 0RQ6 perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

52%

Payout Ratio

0RQ6 Stock Overview

Rewards

Risk Analysis

Evolution AB (publ) Competitors

LSE:PTEC

UK£1.4b

LSE:RNK

UK£408.5m

LSE:IHG

UK£12.8b

LSE:CPG

UK£38.0b

Price History & Performance

Recent News & Updates

Evolution AB (Publ) Approves Dividend for the Year 2023, Payable on 8 May 2024

Upcoming dividend of kr2.65 per share

Full year 2023 earnings released: EPS: €5.01 (vs €3.95 in FY 2022)

Full year 2023 earnings released: EPS: €5.01 (vs €3.95 in FY 2022)

Evolution AB (Publ) Proposes A Dividend

Federman & Sherwood Files Securities Class Action Lawsuit Against Evolution AB, Martin Carlesund, and Jacob Kaplan

Recent updates

Evolution AB (Publ) Approves Dividend for the Year 2023, Payable on 8 May 2024

Upcoming dividend of kr2.65 per share

Full year 2023 earnings released: EPS: €5.01 (vs €3.95 in FY 2022)

Full year 2023 earnings released: EPS: €5.01 (vs €3.95 in FY 2022)

Evolution AB (Publ) Proposes A Dividend

Federman & Sherwood Files Securities Class Action Lawsuit Against Evolution AB, Martin Carlesund, and Jacob Kaplan

Evolution AB (publ) Announces US Launch of Crazy Time

Group Chief Executive Officer recently bought kr100m worth of stock

Evolution AB (publ) to Report Fiscal Year 2023 Results on Feb 01, 2024

Third quarter 2023 earnings released: EPS: €1.28 (vs €1.04 in 3Q 2022)

Evolution AB (Publ) Announces Nomination Committee for the 2024 Annual General Meeting

Evolution AB (publ), Annual General Meeting, Apr 26, 2024

Second quarter 2023 earnings released: EPS: €1.24 (vs €0.94 in 2Q 2022)

Evolution AB (Publ) Announces Resignation of Jonas Engwall from the Board

Independent Director recently sold kr153m worth of stock

Now 20% undervalued

Now 20% undervalued

Upcoming dividend of €2.00 per share at 1.7% yield

Full year 2022 earnings released: EPS: €3.95 (vs €2.83 in FY 2021)

Now 20% undervalued

Full year 2022 earnings released: EPS: €3.95 (vs €2.83 in FY 2021)

Evolution AB (Publ) Proposes Dividend for the Year 2022

Third quarter 2022 earnings released: EPS: €1.04 (vs €0.73 in 3Q 2021)

Evolution AB (publ) to Report Q2, 2023 Results on Jul 21, 2023

Evolution AB Announces Nomination Committee for the 2023 Annual General Meeting

Evolution AB (publ) to Report Fiscal Year 2022 Results on Feb 02, 2023

Second quarter 2022 earnings released: EPS: €0.94 (vs €0.68 in 2Q 2021)

First quarter 2022 earnings released: EPS: €0.93 (vs €0.62 in 1Q 2021)

Evolution Declares Dividend Payable on April 21, 2022

Now 24% undervalued after recent price drop

Upcoming dividend of €1.42 per share

Chief Technology Officer recently bought kr3.0m worth of stock

Investor sentiment deteriorated over the past week

Now 21% undervalued after recent price drop

Chief Strategy Officer recently sold kr214m worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Evolution AB (publ) to Report Fiscal Year 2021 Final Results on Mar 18, 2022

Evolution AB (publ) Proposes Dividend

Now 20% undervalued after recent price drop

Evolution AB (publ) (OM:EVO) commences an Equity Buyback Plan for 21,511,111 shares, representing 10% of its issued share capital, under the authorization approved on April 16, 2021.

Investor sentiment improved over the past week

Chief Human Resources Officer recently bought kr2.4m worth of stock

Investor sentiment deteriorated over the past week

Group Chief Executive Officer recently bought kr25m worth of stock

Third quarter 2021 earnings released: EPS €0.73 (vs €0.44 in 3Q 2020)

Investor sentiment improved over the past week

Evolution AB (publ) (OM:EVO) entered into an agreement to acquire DigiWheel.

Investor sentiment improved over the past week

Evolution AB (publ) Launches Third US Live Casino Studio, Serving New Michigan Market

Second quarter 2021 earnings released: EPS €0.68 (vs €0.39 in 2Q 2020)

Evolution AB (publ) (OM:EVO) completed the acquisition of Big Time Gaming Pty Ltd.

Evolution Launches Gonzo's Treasure Hunt™, Blending Live Casino and Slots, as the Online Game Show with VR Mode

First quarter 2021 earnings released: EPS €0.62 (vs €0.30 in 1Q 2020)

Upcoming dividend of €0.68 per share

Full year 2020 earnings released: EPS €1.55 (vs €0.83 in FY 2019)

Full year 2020 earnings released: EPS €1.55 (vs €0.83 in FY 2019)

Revenue beats expectations

New 90-day high: kr911