Evolution Financials
| EVO Stock | SEK 992.20 8.60 0.87% |
Evolution |
Understanding current and past Evolution Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Evolution's financial statements are interrelated, with each one affecting the others. For example, an increase in Evolution's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Evolution's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Evolution AB. Check Evolution's Beneish M Score to see the likelihood of Evolution's management manipulating its earnings.
Evolution Stock Summary
Evolution competes with Embracer Group, Sinch AB, Kambi Group, and SBB-B. 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 Gaming operates under Entertainment And Broadcasting classification in Sweden and is traded on Stockholm Stock Exchange. It employs 7835 people.| Foreign Associate | USA |
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0012673267 |
| 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 | SEK - Swedish Kronor |
You should never invest in Evolution without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Evolution Stock, because this is throwing your money away. Analyzing the key information contained in Evolution's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Evolution Key Financial Ratios
Evolution's financial ratios allow both analysts and investors to convert raw data from Evolution's financial statements into concise, actionable information that can be used to evaluate the performance of Evolution over time and compare it to other companies across industries.| Return On Equity | 0.25 | |||
| Return On Asset | 0.14 | |||
| Target Price | 1479.32 | |||
| Beta | 1.2 |
Evolution Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Evolution's current stock value. Our valuation model uses many indicators to compare Evolution value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Evolution competition to find correlations between indicators driving Evolution's intrinsic value. More Info.Evolution AB 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 AB is roughly 1.85 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Evolution's earnings, one of the primary drivers of an investment's value.Evolution AB Systematic Risk
Evolution's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Evolution 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Evolution AB correlated with the market. If Beta is less than 0 Evolution generally moves in the opposite direction as compared to the market. If Evolution Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Evolution AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Evolution is generally in the same direction as the market. If Beta > 1 Evolution moves generally in the same direction as, but more than the movement of the benchmark.
Evolution November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Evolution help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Evolution AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Evolution AB based on widely used predictive technical indicators. In general, we focus on analyzing Evolution Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Evolution's daily price indicators and compare them against related drivers.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 19.58 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 1.58 |
Additional Tools for Evolution Stock Analysis
When running Evolution's price analysis, check to measure Evolution'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 is operating at the current time. Most of Evolution's value examination focuses on studying past and present price action to predict the probability of Evolution'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's price. Additionally, you may evaluate how the addition of Evolution to your portfolios can decrease your overall portfolio volatility.