Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Bragg Gaming Group. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Bragg Gaming Group's
is considered below, and whether this is a fair price.
Price based on past earnings
Bragg Gaming Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
Bragg Gaming Group is not considered high growth as it is expected to be loss making for the next 1-3 years.
Bragg Gaming Group's revenue is expected to grow by 14.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
All data from Bragg Gaming Group Company Filings, last reported 2 months ago, and in
Trailing twelve months (TTM)
annual period rather than quarterly.
TSXV:BRAG Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions)
Net Income *
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
It is difficult to establish if Bragg Gaming Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
It is difficult to establish if Bragg Gaming Group has efficiently used its assets last year compared to the North America Interactive Media and Services industry average (Return on Assets) as it is loss-making.
It is difficult to establish if Bragg Gaming Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Bragg Gaming Group's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Interactive Media and Services
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Bragg Gaming Group
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Bragg Gaming Group's finances.
The net worth of a company is the difference between its assets and liabilities.
Bragg Gaming Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Bragg Gaming Group's long term commitments exceed its cash and other short term assets.
This treemap shows a more detailed breakdown of
Bragg Gaming Group's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 34.3x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Dominic P. Mansour has been Chief Executive Officer and Director of Bragg Gaming Group Inc., since December 27, 2018. He served as Chief Executive Officer of Bingos.com (prior to the acquisition of the business by NetPlay TV) at NetPlay TV plc from April 2008 to April 16, 2009. Mr. Mansour served as Managing Director of Bingos.com for 4 years prior to the acquisition of the business by NetPlay TV. Under Mr. Mansour's direction, Bingos.com went from investment to profitability in less than 4 years. He was responsible for selling the business to NetPlay. Mr. Mansour served as Managing Director of GlobalCom London, where he established the business throughout Europe and the Middle East and launched the bingo software product (which was recently sold to 888). He served as a Director of Amaya Gaming Group Inc. He served as Executive Director of NetPlay TV plc from April 2008 to April 16, 2009. His Occupations during the five preceding years include as CEO of Legacy Eight Group Limited and Former Managing Director of the Rational Group. Mr. Mansour has a degree in Business Studies (Licence IUP-MGE) from the Universite de Savoie, Chambery, France and a BA (Hons) degree in European Business Studies from Manchester Metropolitan University.
Insufficient data for Dominic to compare compensation growth.
Dominic's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
Bragg Gaming Group
management team in years:
The average tenure for the Bragg Gaming Group management team is less than 2 years, this suggests a new team.
CEO & Director
Chief Technology Officer
Chief Financial Officer
Managing Director of GiveMeSport
Head of Women's Sport at GiveMeSport
Chief Executive Officer of Oryx Gaming International LLC
Board of Directors Tenure
Average tenure and age of the
Bragg Gaming Group
board of directors in years:
The average tenure for the Bragg Gaming Group board of directors is less than 3 years, this suggests a new board.
Board of Directors
CEO & Director
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Is Bragg Gaming Group (CVE:BRAG) Using Too Much Debt?
TSXV:BRAG Historical Debt, July 31st 2019 How Strong Is Bragg Gaming Group's Balance Sheet? … According to the last reported balance sheet, Bragg Gaming Group had liabilities of CA$10.6m due within 12 months, and liabilities of CA$31.5m due beyond 12 months. … Given that Bragg Gaming Group has more cash than debt, we're pretty confident it can handle its debt, despite the fact that it has a lot of liabilities in total.
How Bragg Gaming Group Inc. (CVE:BRAG) Can Impact Your Portfolio Volatility
Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.
Bragg Gaming Group Inc. provides online gaming technology services. It offers ORYX Gaming, a B2B gaming technology platform and casino content aggregator; GIVEMESPORT, a sports media outlet and Facebook sport publisher; and GIVEMEBET, a sports book. Bragg Gaming Group Inc. is headquartered in Toronto, Canada.
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