Bragg Gaming Group Stock Fundamentals
| BRAG Stock | CAD 4.68 0.18 4.00% |
Bragg Gaming Group fundamentals help investors to digest information that contributes to Bragg Gaming's financial success or failures. It also enables traders to predict the movement of Bragg Stock. The fundamental analysis module provides a way to measure Bragg 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 Bragg Gaming stock.
At this time, Bragg Gaming's Cost Of Revenue is very stable compared to the past year. As of the 27th of November 2024, Total Operating Expenses is likely to grow to about 53.8 M, while Operating Income is likely to drop (815.9 K). Bragg | Select Account or Indicator |
Bragg Gaming Group Company Operating Margin Analysis
Bragg Gaming's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Bragg Gaming Operating Margin | (0.05) % |
Most of Bragg Gaming's fundamental indicators, such as Operating Margin, 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, Bragg Gaming Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bragg Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Bragg Gaming is extremely important. It helps to project a fair market value of Bragg Stock properly, considering its historical fundamentals such as Operating Margin. Since Bragg Gaming's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bragg Gaming's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bragg Gaming's interrelated accounts and indicators.
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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Bragg Pretax Profit Margin
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Based on the recorded statements, Bragg Gaming Group has an Operating Margin of -0.0522%. This is 100.74% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The operating margin for all Canada stocks is 99.05% lower than that of the firm.
Bragg Gaming Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bragg Gaming's current stock value. Our valuation model uses many indicators to compare Bragg Gaming value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bragg Gaming competition to find correlations between indicators driving Bragg Gaming's intrinsic value. More Info.Bragg Gaming Group is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, Bragg Gaming's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Bragg Gaming by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Bragg Gaming's Stock. 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.Bragg Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bragg Gaming's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bragg Gaming could also be used in its relative valuation, which is a method of valuing Bragg Gaming by comparing valuation metrics of similar companies.Bragg Gaming is currently under evaluation in operating margin category among its peers.
Bragg Gaming Current Valuation Drivers
We derive many important indicators used in calculating different scores of Bragg Gaming from analyzing Bragg Gaming's financial statements. These drivers represent accounts that assess Bragg Gaming's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bragg Gaming's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 15.3M | 12.3M | 78.9M | 104.7M | 94.3M | 99.0M | |
| Enterprise Value | 7.3M | 12.5M | 53.6M | 99.2M | 89.3M | 93.8M |
Bragg Fundamentals
| Return On Equity | -0.11 | |||
| Return On Asset | -0.0226 | |||
| Profit Margin | (0.09) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 113.86 M | |||
| Shares Outstanding | 25.01 M | |||
| Shares Owned By Insiders | 27.21 % | |||
| Shares Owned By Institutions | 5.17 % | |||
| Number Of Shares Shorted | 58.02 K | |||
| Price To Book | 1.12 X | |||
| Price To Sales | 1.24 X | |||
| Revenue | 93.52 M | |||
| Gross Profit | 45.08 M | |||
| EBITDA | 11.81 M | |||
| Net Income | (3.84 M) | |||
| Cash And Equivalents | 11.29 M | |||
| Cash Per Share | 0.53 X | |||
| Total Debt | 3.28 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 0.98 X | |||
| Book Value Per Share | 3.05 X | |||
| Cash Flow From Operations | 11.74 M | |||
| Short Ratio | 3.28 X | |||
| Earnings Per Share | (0.32) X | |||
| Target Price | 6.17 | |||
| Number Of Employees | 466 | |||
| Beta | 0.91 | |||
| Market Capitalization | 117.04 M | |||
| Total Asset | 103.37 M | |||
| Retained Earnings | (76.06 M) | |||
| Working Capital | 1.19 M | |||
| Net Asset | 103.37 M |
About Bragg Gaming Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bragg Gaming Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bragg Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bragg 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 16.8 M | 17.6 M | |
| Total Revenue | 93.5 M | 98.2 M | |
| Cost Of Revenue | 43.6 M | 45.8 M | |
| Stock Based Compensation To Revenue | 0.02 | 0.02 | |
| Sales General And Administrative To Revenue | 0.36 | 0.34 | |
| Research And Ddevelopement To Revenue | 0.05 | 0.05 | |
| Capex To Revenue | 0.10 | 0.11 | |
| Revenue Per Share | 4.14 | 2.88 | |
| Ebit Per Revenue | (0.01) | (0.01) |
Pair Trading with Bragg Gaming
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bragg Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bragg Gaming will appreciate offsetting losses from the drop in the long position's value.Moving against Bragg Stock
| 0.77 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.76 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.7 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.68 | BNS | Bank of Nova Scotia Earnings Call This Week | PairCorr |
| 0.65 | TD-PFD | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Bragg Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bragg Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bragg Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bragg Gaming Group to buy it.
The correlation of Bragg Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bragg Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bragg Gaming Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bragg Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bragg Gaming Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.