Evolution AB (publ) develops, produces, markets, and licenses live casino solutions to gaming operators primarily in Europe and the United States. More Details
Exceptional growth potential with flawless balance sheet.
Share Price & News
How has Evolution's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EVO is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: EVO's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: EVO exceeded the Swedish Hospitality industry which returned 114.9% over the past year.
Return vs Market: EVO exceeded the Swedish Market which returned 47% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Evolution's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Evolution AB (publ)'s (STO:EVO) Shareholder Ownership Skewed Towards Insiders?
4 weeks ago | Simply Wall StAre Evolution AB (publ) (STO:EVO) Investors Paying Above The Intrinsic Value?
1 month ago | Simply Wall StIs Now The Time To Put Evolution (STO:EVO) On Your Watchlist?
Is Evolution 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: EVO (SEK1500) is trading above our estimate of fair value (SEK1206.65)
Significantly Below Fair Value: EVO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EVO is poor value based on its PE Ratio (67.3x) compared to the Swedish Hospitality industry average (18.2x).
PE vs Market: EVO is poor value based on its PE Ratio (67.3x) compared to the Swedish market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: EVO is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: EVO is overvalued based on its PB Ratio (10.5x) compared to the SE Hospitality industry average (4.7x).
How is Evolution forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVO's forecast earnings growth (30.2% per year) is above the savings rate (0.3%).
Earnings vs Market: EVO's earnings (30.2% per year) are forecast to grow faster than the Swedish market (4.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EVO's revenue (23% per year) is forecast to grow faster than the Swedish market (2.9% per year).
High Growth Revenue: EVO's revenue (23% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EVO's Return on Equity is forecast to be high in 3 years time (24.4%)
How has Evolution performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVO has high quality earnings.
Growing Profit Margin: EVO's current net profit margins (53.9%) are higher than last year (47.6%).
Past Earnings Growth Analysis
Earnings Trend: EVO's earnings have grown significantly by 50.3% per year over the past 5 years.
Accelerating Growth: EVO's earnings growth over the past year (106.6%) exceeds its 5-year average (50.3% per year).
Earnings vs Industry: EVO earnings growth over the past year (106.6%) exceeded the Hospitality industry 62.6%.
Return on Equity
High ROE: EVO's Return on Equity (14.5%) is considered low.
How is Evolution's financial position?
Financial Position Analysis
Short Term Liabilities: EVO's short term assets (€577.8M) exceed its short term liabilities (€363.0M).
Long Term Liabilities: EVO's short term assets (€577.8M) exceed its long term liabilities (€119.1M).
Debt to Equity History and Analysis
Debt Level: EVO is debt free.
Reducing Debt: EVO has no debt compared to 5 years ago when its debt to equity ratio was 19%.
Debt Coverage: EVO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EVO has no debt, therefore coverage of interest payments is not a concern.
What is Evolution current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EVO's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (0.93%).
High Dividend: EVO's dividend (0.46%) is low compared to the top 25% of dividend payers in the Swedish market (3.46%).
Stability and Growth of Payments
Stable Dividend: EVO is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.
Growing Dividend: EVO is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: EVO is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EVO's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin Carlesund (51 yo)
Mr. Martin Carlesund has been the Chief Executive Officer of Highlight Media Holdings Ltd. since 2009. Mr. Carlesund has been the Chief Executive Officer of Evolution Gaming Group AB since November 1, 2016...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD2.16M) is about average for companies of similar size in the Swedish market ($USD2.42M).
Compensation vs Earnings: Martin's compensation has increased by more than 20% in the past year.
Experienced Management: EVO's management team is seasoned and experienced (5.6 years average tenure).
Experienced Board: EVO's board of directors are considered experienced (6.6 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.7%.
Evolution AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Evolution AB (publ)
- Ticker: EVO
- Exchange: OM
- Founded: 2006
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr322.572b
- Shares outstanding: 215.11m
- Website: https://www.evolution.com
Number of Employees
- Evolution AB (publ)
- Hamngatan 11
- Stockholm County
- 111 47
Evolution AB (publ) develops, produces, markets, and licenses live casino solutions to gaming operators primarily in Europe and the United States. The company runs the game from a casino table, which is st...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/02 17:51|
|End of Day Share Price||2021/08/02 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.