Evolution AB (MEX:EVON) Enterprise Value: MXN223,608 Mil (As of Jun. 24, 2026) ***


MEX:EVON Evolution AB MEX:EVON
99 GF Score
Price MXN1,485.00
GF Value MXN2,300.74
! 2 Warning Signs
View Full Analysis

What is Evolution AB Enterprise Value?

Evolution AB MEX:EVON 99 Enterprise Value is MXN223,608 Mil as of Jun. 24, 2026. GuruFocus rates MEX:EVON with a GF Score™ of 99/100 and a GF Value™ of MXN2,300.74. The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Evolution AB's Enterprise Value is MXN223,608 Mil. Evolution AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN26,538 Mil. Therefore, Evolution AB's EV-to-EBIT ratio for today is 8.43.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Evolution AB's Enterprise Value is MXN223,608 Mil. Evolution AB's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN30,033 Mil. Therefore, Evolution AB's EV-to-EBITDA ratio for today is 7.45.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Evolution AB's Enterprise Value is MXN223,608 Mil. Evolution AB's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN44,931 Mil. Therefore, Evolution AB's EV-to-Revenue ratio for today is 4.98.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Evolution AB's Enterprise Value is MXN223,608 Mil. Evolution AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN26,365 Mil. Therefore, Evolution AB's EV-to-OCF ratio for today is 8.48.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Evolution AB's Enterprise Value is MXN223,608 Mil. Evolution AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN23,476 Mil. Therefore, Evolution AB's EV-to-FCF ratio for today is 9.53.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Evolution AB  (MEX:EVON) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Evolution AB's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=223607.518/26538.152
=8.43

Evolution AB's current Enterprise Value is MXN223,608 Mil.
Evolution AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN26,538 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Evolution AB's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=223607.518/30032.673
=7.45

Evolution AB's current Enterprise Value is MXN223,608 Mil.
Evolution AB's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN30,033 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Evolution AB's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=223607.518/44930.779
=4.98

Evolution AB's current Enterprise Value is MXN223,608 Mil.
Evolution AB's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN44,931 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Evolution AB's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=223607.518/26365.291
=8.48

Evolution AB's current Enterprise Value is MXN223,608 Mil.
Evolution AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN26,365 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Evolution AB's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=223607.518/23475.786
=9.53

Evolution AB's current Enterprise Value is MXN223,608 Mil.
Evolution AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN23,476 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Evolution AB Enterprise Value Related Terms


Evolution AB Enterprise Value Historical Data

* Premium members only.

The historical data trend for Evolution AB's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Evolution AB Enterprise Value Chart

Evolution AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 590,757.60 429,325.53 365,981.99 347,957.35 280,526.53

Evolution AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 308,004.39 293,205.68 286,249.77 280,526.53 275,029.60

MEX:EVON vs FLUT, DKNG, LNWO: Enterprise Value Comparison

For the Gambling subindustry, Evolution AB's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Evolution AB Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Evolution AB's Enterprise Value falls into.


MEX:EVON
99GF Score
Evolution AB MEX:EVON
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolution AB Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Evolution AB's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Evolution AB's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of MXN223,608 Mil mean?
Evolution AB (MEX:EVON) has a Enterprise Value of MXN223,608 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Evolution AB and its competitors.
Is Evolution AB's Enterprise Value too high?
Evolution AB's current Enterprise Value is MXN223,608 Mil. Overall, Evolution AB has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Enterprise Value compare to FLUT and DKNG?
Evolution AB's Enterprise Value of MXN223,608 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Evolution AB and its competitors. Evolution AB's current Enterprise Value is MXN223,608 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Evolution AB (MEX:EVON) has a current Enterprise Value of MXN223,608 Mil. The stock's GF Value™ is MXN2,300.74, compared to a current price of MXN1,485.00 — trading 35.5% below its estimated fair value. The current Enterprise Value is MXN223,608 Mil. Evolution AB's overall GF Score™ is 99/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Evolution AB (MEX:EVON), the current Enterprise Value is MXN223,608 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Evolution AB (MEX:EVON) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued. The current stock price of MXN1,485.00 is trading 35.5% below its estimated GF Value™ of MXN2,300.74.

Key valuation signals for MEX:EVON:

  • Enterprise Value: MXN223,608 Mil
  • GF Value™: MXN2,300.74 vs. price of MXN1,485.00 (35.5% below fair value)
  • GF Score™: 99/100 with 2 warning signs

No single metric tells the full story. See the MEX:EVON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evolution AB Business Description

Address Hamngatan 11, Stockholm, SWE, 111 47
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
99GF Score

Get the complete analysis for MEX:EVON

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,485.00
Price
MXN2,300.74
GF Value