LeoVegas
Market Cap
kr4.4b
Last Updated
2020/08/15 04:17 UTC
Data Sources
Company Financials +
Executive Summary
LeoVegas AB (publ), a mobile gaming company, engages in the mobile casino business in Nordic countries, rest of Europe, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with high growth potential.
Similar Companies
Share Price & News
How has LeoVegas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LEO has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.4%
LEO
-1.5%
SE Hospitality
1.8%
SE Market
1 Year Return
26.9%
LEO
65.5%
SE Hospitality
19.7%
SE Market
Return vs Industry: LEO underperformed the Swedish Hospitality industry which returned 65.5% over the past year.
Return vs Market: LEO exceeded the Swedish Market which returned 19.7% over the past year.
Shareholder returns
| LEO | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | -1.5% | 1.8% |
| 30 Day | -3.1% | -4.5% | 2.2% |
| 90 Day | 19.0% | 33.0% | 23.1% |
| 1 Year | 31.9%26.9% | 73.0%65.5% | 21.5%19.7% |
| 3 Year | -36.4%-41.0% | 69.3%52.6% | 33.4%19.4% |
| 5 Year | n/a | 141.5%121.8% | 53.5%23.2% |
Price Volatility Vs. Market
How volatile is LeoVegas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is LeoVegas undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LEO (SEK43.66) is trading below our estimate of fair value (SEK128.74)
Significantly Below Fair Value: LEO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LEO is good value based on its PE Ratio (22.2x) compared to the SE Hospitality industry average (36.1x).
PE vs Market: LEO is good value based on its PE Ratio (22.2x) compared to the Swedish market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: LEO is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: LEO is overvalued based on its PB Ratio (4.5x) compared to the SE Hospitality industry average (3.7x).
Next Steps
Future Growth
How is LeoVegas forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
34.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LEO's forecast earnings growth (34.7% per year) is above the savings rate (0.5%).
Earnings vs Market: LEO's earnings (34.7% per year) are forecast to grow faster than the Swedish market (20% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: LEO's revenue (11% per year) is forecast to grow faster than the Swedish market (6.4% per year).
High Growth Revenue: LEO's revenue (11% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LEO's Return on Equity is forecast to be high in 3 years time (36.2%)
Next Steps
Past Performance
How has LeoVegas performed over the past 5 years?
28.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LEO has high quality earnings.
Growing Profit Margin: LEO's current net profit margins (5.2%) are lower than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: LEO's earnings have grown significantly by 28.8% per year over the past 5 years.
Accelerating Growth: LEO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LEO had negative earnings growth (-54.5%) over the past year, making it difficult to compare to the Hospitality industry average (-24.1%).
Return on Equity
High ROE: LEO's Return on Equity (19%) is considered low.
Next Steps
Financial Health
How is LeoVegas's financial position?
Financial Position Analysis
Short Term Liabilities: LEO's short term assets (€100.0M) do not cover its short term liabilities (€106.5M).
Long Term Liabilities: LEO's short term assets (€100.0M) exceed its long term liabilities (€58.1M).
Debt to Equity History and Analysis
Debt Level: LEO's debt to equity ratio (59%) is considered high.
Reducing Debt: Insufficient data to determine if LEO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LEO's debt is well covered by operating cash flow (90.9%).
Interest Coverage: LEO's interest payments on its debt are well covered by EBIT (12.6x coverage).
Balance Sheet
Next Steps
Dividend
What is LeoVegas's current dividend yield, its reliability and sustainability?
2.98%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LEO's dividend (2.98%) is higher than the bottom 25% of dividend payers in the Swedish market (1.38%).
High Dividend: LEO's dividend (2.98%) is low compared to the top 25% of dividend payers in the Swedish market (4.77%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, LEO has been paying a dividend for less than 10 years.
Growing Dividend: LEO's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (68.1%), LEO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LEO's dividends in 3 years are forecast to be well covered by earnings (34.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Gustaf Hagman (46 yo)
5.58yrs
Tenure
€321,000
Compensation
Mr. Gustaf Hagman Co-Founded LeoVegas AB (publ) in 2011 and has been its Group Chief Executive Officer and President since 2015. Mr. Hagman served as the Chief Executive Officer of LeoVegas AB (publ) from ...
CEO Compensation Analysis
Compensation vs Market: Gustaf's total compensation ($USD379.79K) is below average for companies of similar size in the Swedish market ($USD546.55K).
Compensation vs Earnings: Gustaf's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 5.58yrs | €321.00k | 8.26% € 366.7m | |
| Chief Operating Officer | 0.50yr | €78.00k | 0.35% € 15.7m | |
| Chief Financial Officer | 2yrs | no data | 0.030% € 1.3m | |
| Director of Investor Relations & Corporate Finance | no data | no data | no data | |
| Chief Product & Technical Officer | 1.58yrs | no data | 0.016% € 707.4k | |
| Chief Compliance & Legal Officer | 1.33yrs | no data | no data | |
| Chief Marketing Officer | 0.58yr | no data | no data | |
| Group Head of Compliance | no data | no data | no data | |
| Head of Business Development | no data | no data | no data | |
| Head of Platform & Architecture | no data | no data | no data | |
| Managing Director | no data | no data | no data | |
| Senior Advisor | 2yrs | no data | no data |
1.6yrs
Average Tenure
44yo
Average Age
Experienced Management: LEO's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 5.58yrs | €36.00k | 0.0051% € 227.2k | |
| Director | 0.25yr | no data | 4.36% € 193.7m | |
| Chairman | 0.25yr | no data | no data | |
| Independent Director | 1.25yrs | €22.00k | no data | |
| Director | 0.25yr | no data | no data | |
| Director | 0.25yr | no data | no data | |
| Director | 0.25yr | no data | no data |
0.3yrs
Average Tenure
50yo
Average Age
Experienced Board: LEO's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
LeoVegas AB (publ)'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: LeoVegas AB (publ)
- Ticker: LEO
- Exchange: OM
- Founded: 2010
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr4.438b
- Shares outstanding: 101.65m
- Website: https://www.leovegasgroup.com
Number of Employees
Location
- LeoVegas AB (publ)
- Luntmakargatan 18
- Stockholm
- Stockholm County
- 111 37
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LEO | OM (OMX Nordic Exchange Stockholm) | Yes | Common Shares | SE | SEK | Mar 2016 |
| 3LV | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Mar 2016 |
| 0GDH | LSE (London Stock Exchange) | Yes | Common Shares | GB | SEK | Mar 2016 |
| LEOS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | SEK | Mar 2016 |
Biography
LeoVegas AB (publ), a mobile gaming company, engages in the mobile casino business in Nordic countries, rest of Europe, and internationally. It offers casino games, such as slots, jackpots, and table games ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/15 04:17 |
| End of Day Share Price | 2020/08/14 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.