Evolution AB: The Sin Stock That Can Spike Your Dividend Income

Nov. 26, 2024 5:42 PM ETEvolution AB (publ) (EVVTY) Stock, EVGGF Stock59 Comments1 Like
Eugenio Catone profile picture
Eugenio Catone
3.08K Followers
(14min)

Summary

  • Evolution AB offers high profit margins, double-digit growth rates, and a PEG ratio of 0.93x, making it an undervalued investment.
  • Evolution's games, like Crazy Time, are highly engaging and profitable, contributing to its strong financial performance and competitive advantage over peers.
  • The company maintains a robust dividend policy, distributing at least 50% of profits, with a 5-year CAGR of 44% in dividends per share.
  • Regulatory risks exist, but Evolution's expansion in North America and strong market position in Europe and Asia support a 15% revenue growth forecast.

John Lamb

Intro

The U.S. stock market is near all-time highs and has experienced impressive performance in recent years. On the one hand, this has been good for our portfolio, but on the other hand, it has drastically reduced buying opportunities. Compared to two years ago there are

Create a free account to read the full article

Gain access to the world’s leading investment community.

Already registered?

By creating an account using any of the options above, you agree to the Terms of Use & Privacy Policy
or

Top Stocks 2025
Virtual Investing Forum

Join us on January 8 as our VP of Quant Strategy, Steven Cress, discusses his 2025 Top 10 Stock Picks.

These picks are selected using the proven data-driven approach that led his 2024 picks to significantly outperform the S&P 500.*

Banner Image
Register Now

*Performance as of December 6, 2024. Past performance is no guarantee of future results. Subject to Seeking Alpha’s Events Policy as available here: https://about.seekingalpha.com/events-policy. 

About EVVTY Stock

SymbolLast Price% Chg
EVVTY
76.85-0.58%
Created with Highcharts 11.2.0Dec'24Nov'24Oct'24Sep'24Aug'24Jul '24Ju…75100125
Market Cap
$15.92B
PE (TTM)
12.86
Yield
3.71%
Rev Growth (YoY)
19.26%
Short Interest
-
Prev. Close
$77.30
Compare to Peers