Entertainment SystemsVideo GamesVideo StreamingCasinoGamblingGaming
Description
Evolution AB (publ) (Evolution) develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. The company operates as a B2B supplier, primarily focusing on the online gaming industry. The company's un…
Analysis
Middle-of-the-road
Evolution AB (publ) is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is attractive. You pay 12.2× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -0% yearly growth; analysts expect 13%. The price, in other words, assumes less than the experts do.
The trajectory is moderate and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value.
What to watch: A large part of the company's book value is the price paid for past acquisitions. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202384
60
2023202420252026
All-time high
96
Jan 2024
All-time low
60
Jun 2026
Average rank
80
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
3
3
1
1
Price/Earnings
63
70
38
37
Price/Book
45
31
22
14
Dividend Yield
1
84
58
70
Value (overall)
18
37
16
16
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.