Evolution Gaming Group Stock Beta
| 0RQ6 Stock | 853.50 36.33 4.45% |
Evolution Gaming Group fundamentals help investors to digest information that contributes to Evolution Gaming's financial success or failures. It also enables traders to predict the movement of Evolution Stock. The fundamental analysis module provides a way to measure Evolution Gaming's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Evolution Gaming stock.
Evolution | Beta |
Evolution Gaming Group Company Beta Analysis
Evolution Gaming's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Evolution Gaming Beta | 0.97 |
Most of Evolution Gaming's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Evolution Gaming Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Evolution Gaming Group has a Beta of 0.97. This is 29.2% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The beta for all United Kingdom stocks is notably lower than that of the firm.
Evolution Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evolution Gaming's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Evolution Gaming could also be used in its relative valuation, which is a method of valuing Evolution Gaming by comparing valuation metrics of similar companies.Evolution Gaming is rated third in beta category among its peers.
Evolution Gaming returns are very sensitive to returns on the market. As the market goes up or down, Evolution Gaming is expected to follow.
Evolution Fundamentals
| Return On Equity | 0.31 | ||||
| Return On Asset | 0.17 | ||||
| Profit Margin | 0.56 % | ||||
| Operating Margin | 0.65 % | ||||
| Current Valuation | 183.63 B | ||||
| Shares Outstanding | 179.85 M | ||||
| Shares Owned By Insiders | 26.17 % | ||||
| Shares Owned By Institutions | 49.84 % | ||||
| Price To Sales | 80.39 X | ||||
| Revenue | 2.06 B | ||||
| Gross Profit | 2.06 B | ||||
| EBITDA | 1.37 B | ||||
| Net Income | 1.07 B | ||||
| Book Value Per Share | 18.09 X | ||||
| Cash Flow From Operations | 877.47 M | ||||
| Earnings Per Share | 3.03 X | ||||
| Number Of Employees | 14.68 K | ||||
| Beta | 0.97 | ||||
| Market Capitalization | 165.94 B | ||||
| Retained Earnings | 1.27 B | ||||
| Annual Yield | 0 % |
About Evolution Gaming Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evolution Gaming Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evolution Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evolution Gaming Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Evolution Stock 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.