Evolution Gaming Financials
| EVVTY Stock | USD 87.31 3.32 3.66% |
Evolution |
Understanding current and past Evolution Gaming Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Evolution Gaming's financial statements are interrelated, with each one affecting the others. For example, an increase in Evolution Gaming's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Evolution Gaming's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Evolution Gaming Group. Check Evolution Gaming's Beneish M Score to see the likelihood of Evolution Gaming's management manipulating its earnings.
Evolution Gaming Stock Summary
Evolution Gaming competes with Galaxy Gaming, Everi Holdings, 888 Holdings, Light Wonder, and International Game. Evolution AB develops, produces, markets, and licenses live casino and slots solutions to gaming operators primarily in Europe and the United States. Evolution AB was founded in 2006 and is headquartered in Stockholm, Sweden. Evolution is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US30051E1047 |
| Business Address | Vasagatan 16, Stockholm, |
| Sector | Consumer Cyclical |
| Industry | Gambling |
| Benchmark | Dow Jones Industrial |
| Website | www.evolution.com |
| Phone | 46 7 06 29 47 23 |
| Currency | USD - US Dollar |
Evolution Gaming Key Financial Ratios
Evolution Gaming's financial ratios allow both analysts and investors to convert raw data from Evolution Gaming's financial statements into concise, actionable information that can be used to evaluate the performance of Evolution Gaming over time and compare it to other companies across industries.| Return On Equity | 0.25 | |||
| Return On Asset | 0.14 | |||
| Target Price | 157.18 | |||
| Beta | 1.2 |
Evolution Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Evolution Gaming's current stock value. Our valuation model uses many indicators to compare Evolution Gaming value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evolution Gaming competition to find correlations between indicators driving Evolution Gaming's intrinsic value. More Info.Evolution Gaming Group is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.54 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Evolution Gaming Group is roughly 1.85 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Evolution Gaming by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Evolution Gaming's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Evolution Gaming Systematic Risk
Evolution Gaming's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Evolution Gaming volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Evolution Gaming correlated with the market. If Beta is less than 0 Evolution Gaming generally moves in the opposite direction as compared to the market. If Evolution Gaming Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Evolution Gaming is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Evolution Gaming is generally in the same direction as the market. If Beta > 1 Evolution Gaming moves generally in the same direction as, but more than the movement of the benchmark.
Evolution Gaming Thematic Clasifications
Evolution Gaming Group is part of several thematic ideas from Toys to Gambling. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasEvolution Gaming November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Evolution Gaming help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Evolution Gaming Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Evolution Gaming Group based on widely used predictive technical indicators. In general, we focus on analyzing Evolution Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Evolution Gaming's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 19.65 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 1.54 |
Additional Tools for Evolution Pink Sheet Analysis
When running Evolution Gaming's price analysis, check to measure Evolution Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evolution Gaming is operating at the current time. Most of Evolution Gaming's value examination focuses on studying past and present price action to predict the probability of Evolution Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolution Gaming's price. Additionally, you may evaluate how the addition of Evolution Gaming to your portfolios can decrease your overall portfolio volatility.