Evolution AB (CHIX:EVOS) Intrinsic Value: Projected FCF: kr904.85 (As of Aug. 30, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:EVOS Evolution AB CHIX:EVOS
98 GF Score
Price kr825.30
GF Value kr882.50
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Evolution AB Intrinsic Value: Projected FCF?

Evolution AB CHIX:EVOS +4.92% 98 Intrinsic Value: Projected FCF is kr904.85 as of Aug. 30, 2026. GuruFocus rates CHIX:EVOS with a GF Score™ of 98/100 and a GF Value™ of kr882.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 596 Travel & Leisure companies, Evolution AB ranks better than 51.01% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-30), Evolution AB's Intrinsic Value: Projected FCF is kr904.85. The stock price of Evolution AB is kr825.30. Therefore, Evolution AB's Price-to-Intrinsic-Value-Projected-FCF of today is 0.9.

The historical rank and industry rank for Evolution AB's Intrinsic Value: Projected FCF or its related term are showing as below:

CHIX:EVOs' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.67   Med: 3.28   Max: 8.3
Current: 0.91

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Evolution AB was 8.30. The lowest was 0.67. And the median was 3.28.

CHIX:EVOs's Price-to-Projected-FCF is ranked better than
51.01% of 596 companies
in the Travel & Leisure industry
Industry Median: 0.93 vs CHIX:EVOs: 0.91

Evolution AB  (CHIX:EVOs) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Evolution AB's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=825.30/917.45921326964
=0.90

* 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 Intrinsic Value: Projected FCF Related Terms


Evolution AB Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Evolution AB's Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF Chart

Evolution AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.54 352.01 507.22 683.84 830.93

Evolution AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected FCF 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 734.95 828.22 830.93 867.27 940.36

CHIX:EVOS vs FLUT, DKNG, SGHC: Intrinsic Value: Projected FCF Comparison

For the Gambling subindustry, Evolution AB's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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 Price-to-Projected-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Evolution AB's Price-to-Projected-FCF falls into.


CHIX:EVOS
98GF Score
Evolution AB CHIX:EVOS
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evolution AB Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Evolution AB's Free Cash Flow(6 year avg) = kr9,677.06.

Evolution AB's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*9677.06176+46419.492*0.8)/197.243
=917.46

* 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.

What does a Intrinsic Value: Projected FCF of kr904.85 mean?
Evolution AB (CHIX:EVOS) has a Intrinsic Value: Projected FCF of kr904.85 as of Aug. 30, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Evolution AB and its competitors. According to the industry distribution chart, Evolution AB ranks #292 out of 596 companies in the Travel & Leisure industry, placing it in the top 49%.
Is Evolution AB's Intrinsic Value: Projected FCF too high?
Evolution AB's current Intrinsic Value: Projected FCF is kr904.85. Based on the distribution chart, Evolution AB ranks #292 out of 596 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Evolution AB has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Intrinsic Value: Projected FCF compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #292 out of 596 companies for Intrinsic Value: Projected FCF. This puts Evolution AB in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Travel & Leisure company?
The median Intrinsic Value: Projected FCF among Travel & Leisure companies is 0.93, based on 596 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Evolution AB and its competitors. For the Travel & Leisure industry, the median Intrinsic Value: Projected FCF is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current Intrinsic Value: Projected FCF is kr904.85. 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?
Based on GuruFocus' analysis, Evolution AB (CHIX:EVOS) is currently considered Fairly Valued. The stock's GF Value™ is kr882.50, compared to a current price of kr825.30 — trading 6.5% below its estimated fair value. The current Intrinsic Value: Projected FCF is kr904.85. Evolution AB's overall GF Score™ is 98/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Evolution AB (CHIX:EVOS), the current Intrinsic Value: Projected FCF is kr904.85 as of Aug. 30, 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 (CHIX:EVOS) Overvalued in 2026?

Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued. The current stock price of kr825.30 is trading 6.5% below its estimated GF Value™ of kr882.50. GuruFocus considers Evolution AB to be Fairly Valued.

Key valuation signals for CHIX:EVOS:

  • Intrinsic Value: Projected FCF: kr904.85
  • GF Value™: kr882.50 vs. price of kr825.30 (6.5% below fair value)
  • GF Score™: 98/100 with 4 warning signs

No single metric tells the full story. See the CHIX:EVOS 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.
98GF Score

Get the complete analysis for CHIX:EVOS

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

kr825.30
Price
kr882.50
GF Value