Ratings GAN Limited Deutsche Boerse AG

Equities

4VN

BMG3728V1090

Market Closed - Deutsche Boerse AG Other stock markets 14:29:01 28/06/2024 BST			5-day change	1st Jan Change
1.31 ^EUR	+1.87%		+4.80%	+63.55%

05-09	GAN Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
05-09	Earnings Flash (GAN) GAN LIMITED Posts Q1 Revenue $30.7M, vs. Street Est of $40M	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.56 for the 2024 fiscal year.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For several months, analysts have been revising their EPS estimates roughly upwards.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
Low profitability weakens the company.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The sales outlook for the group was lowered in the last twelve months. This change in forecast points out a decline in activity as well as pessimistic analyses of the company.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Sector: Software

	1st Jan change	Capi.	ESG Refinitiv
GAN LIMITED	+63.55%	66.95M	-
MICROSOFT CORPORATION	+18.86%	3,322B	C+
SYNOPSYS INC.	+15.57%	91.17B	B
CADENCE DESIGN SYSTEMS, INC.	+12.99%	84.37B	B+
PALANTIR TECHNOLOGIES INC.	+47.52%	56.41B	D+
DASSAULT SYSTÈMES SE	-20.20%	49.69B	B+
THE TRADE DESK, INC.	+35.77%	47.79B	D+
ATLASSIAN CORPORATION	-25.64%	46.04B	B-
SEA LIMITED	+76.35%	41.02B	D+
TAKE-TWO INTERACTIVE SOFTWARE, INC.	-3.39%	27.21B	C+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes