Evolution: The Market Is Overly Focused On Asia

Evolution AB (publ) (EVVTY) reported the company’s Q2 results on the 17th of July. Once again, the leading live casino game provider reported varying results across markets—fighting cybercrime in Asia still causes volatility in This article was written by Caffital Research I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a stock's prospects to determine the risk-to-reward.

EVVTY's momentum improved in Europe, and smaller markets continue to grow very well. I estimate EVVTY stock to have a fair value of $106.8, implying 49% upside. Share repurchases could boost upside potential further.