Evolution AB (publ)

Consumer Cyclical
EVO.ST

Research

  • Buy by Alpha (25/06/2024)

    Evolution is a B2B solution provider for live-casino's offering a real-time streaming platform. The company is valued less than 20x PE with >25% ROE on a strong balance sheet.

    The current market price is 30% below ATH from beginning 2021. Since than earning per share improved from €2 to €5 per share. The valuation looks attractive for a long-term growth investment into a quality company.