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Evolution Gaming Group Un will release figures for the most current quarter on July 21. If we suppose a 25% annual increase in FCF, the current P/FCF of beneath 40x seems reasonable. We also notice that P/FCF has been trending down for the past couple of years and some other cost multiples (see beneath) are decrease or close to their respective three-year averages. With much more than 20% of the shares owned by individual insiders (see under), the shareholder interests are aligned in my opinion. Martin Carlesund has been Group CEO of Evolution Gaming because November 2016. Just before taking the current role, Mr. Carlesund served as President and CEO of Evolution Malta.

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