Angler Gaming plc (NGM:ANGL), is not the largest company out there, but it saw significant share price movement during recent months on the NGM, rising to highs of kr25.50 and falling to the lows of kr17.20. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Angler Gaming's current trading price of kr18.85 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Angler Gaming’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
View our latest analysis for Angler Gaming
What's the opportunity in Angler Gaming?
Good news, investors! Angler Gaming is still a bargain right now. According to my valuation, the intrinsic value for the stock is SEK27.80, but it is currently trading at kr18.85 on the share market, meaning that there is still an opportunity to buy now. However, given that Angler Gaming’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility.
What kind of growth will Angler Gaming generate?
Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Angler Gaming's earnings over the next few years are expected to increase by 67%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
What this means for you:
Are you a shareholder? Since ANGL is currently undervalued, it may be a great time to increase your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current undervaluation.
Are you a potential investor? If you’ve been keeping an eye on ANGL for a while, now might be the time to enter the stock. Its buoyant future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy ANGL. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed buy.
If you want to dive deeper into Angler Gaming, you'd also look into what risks it is currently facing. Our analysis shows 3 warning signs for Angler Gaming (1 is significant!) and we strongly recommend you look at them before investing.
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This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NGM:ANGL
Angler Gaming
Invests in companies that offer gaming services through the internet in Malta.
Undervalued with high growth potential.
