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BRAGG GAMING GROUP INC (BRAG) Stock Fundamental Analysis

NASDAQ:BRAG - Nasdaq - CA1048333068 - Common Stock - Currency: USD

4.36  -0.11 (-2.46%)

Fundamental Rating

3

Taking everything into account, BRAG scores 3 out of 10 in our fundamental rating. BRAG was compared to 135 industry peers in the Hotels, Restaurants & Leisure industry. The financial health of BRAG is average, but there are quite some concerns on its profitability. BRAG is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

BRAG had negative earnings in the past year.
BRAG had a positive operating cash flow in the past year.
In the past 5 years BRAG always reported negative net income.
In multiple years BRAG reported negative operating cash flow during the last 5 years.
BRAG Yearly Net Income VS EBIT VS OCF VS FCFBRAG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5M -5M 10M -10M

1.2 Ratios

The Return On Assets of BRAG (-5.07%) is worse than 76.30% of its industry peers.
BRAG has a Return On Equity (-7.44%) which is in line with its industry peers.
Industry RankSector Rank
ROA -5.07%
ROE -7.44%
ROIC N/A
ROA(3y)-5.35%
ROA(5y)-12.7%
ROE(3y)-7.27%
ROE(5y)-47.88%
ROIC(3y)N/A
ROIC(5y)N/A
BRAG Yearly ROA, ROE, ROICBRAG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 -200 -400 -600 -800

1.3 Margins

BRAG has a Gross Margin (51.24%) which is in line with its industry peers.
In the last couple of years the Gross Margin of BRAG has grown nicely.
BRAG does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 51.24%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.08%
GM growth 5Y2.81%
BRAG Yearly Profit, Operating, Gross MarginsBRAG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -100 -200 -300

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5

2. Health

2.1 Basic Checks

BRAG does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BRAG has more shares outstanding
Compared to 5 years ago, BRAG has more shares outstanding
The debt/assets ratio for BRAG has been reduced compared to a year ago.
BRAG Yearly Shares OutstandingBRAG Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M
BRAG Yearly Total Debt VS Total AssetsBRAG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M

2.2 Solvency

BRAG has an Altman-Z score of 1.61. This is a bad value and indicates that BRAG is not financially healthy and even has some risk of bankruptcy.
BRAG has a Altman-Z score (1.61) which is comparable to the rest of the industry.
BRAG has a debt to FCF ratio of 4.69. This is a neutral value as BRAG would need 4.69 years to pay back of all of its debts.
BRAG has a Debt to FCF ratio of 4.69. This is in the better half of the industry: BRAG outperforms 74.81% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that BRAG is not too dependend on debt financing.
BRAG's Debt to Equity ratio of 0.12 is amongst the best of the industry. BRAG outperforms 82.96% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 4.69
Altman-Z 1.61
ROIC/WACCN/A
WACC7.88%
BRAG Yearly LT Debt VS Equity VS FCFBRAG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M 40M 60M

2.3 Liquidity

BRAG has a Current Ratio of 1.11. This is a normal value and indicates that BRAG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.11, BRAG is in the better half of the industry, outperforming 62.22% of the companies in the same industry.
BRAG has a Quick Ratio of 1.11. This is a normal value and indicates that BRAG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.11, BRAG is in the better half of the industry, outperforming 64.44% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 1.11
BRAG Yearly Current Assets VS Current LiabilitesBRAG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M

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5

3. Growth

3.1 Past

BRAG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -35.29%.
BRAG shows a small growth in Revenue. In the last year, the Revenue has grown by 4.64%.
BRAG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 67.28% yearly.
EPS 1Y (TTM)-35.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%92.31%
Revenue 1Y (TTM)4.64%
Revenue growth 3Y26.3%
Revenue growth 5Y67.28%
Sales Q2Q%2.33%

3.2 Future

The Earnings Per Share is expected to grow by 32.57% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 10.19% on average over the next years. This is quite good.
EPS Next Y-32%
EPS Next 2Y39.82%
EPS Next 3Y32.57%
EPS Next 5YN/A
Revenue Next Year6.43%
Revenue Next 2Y10.35%
Revenue Next 3Y10.19%
Revenue Next 5YN/A

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
BRAG Yearly Revenue VS EstimatesBRAG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20M 40M 60M 80M 100M
BRAG Yearly EPS VS EstimatesBRAG Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.5 1

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2

4. Valuation

4.1 Price/Earnings Ratio

BRAG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year BRAG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BRAG Price Earnings VS Forward Price EarningsBRAG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -100 -200 -300 -400 -500

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, BRAG is valued cheaply inside the industry as 84.44% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BRAG is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 50.1
EV/EBITDA 7.5
BRAG Per share dataBRAG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4

4.3 Compensation for Growth

A more expensive valuation may be justified as BRAG's earnings are expected to grow with 32.57% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y39.82%
EPS Next 3Y32.57%

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0

5. Dividend

5.1 Amount

BRAG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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BRAGG GAMING GROUP INC

NASDAQ:BRAG (3/7/2025, 8:08:22 PM)

4.36

-0.11 (-2.46%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-14 2024-11-14/bmo
Earnings (Next)03-19 2025-03-19/amc
Inst Owners6%
Inst Owner Change23.88%
Ins Owners9.09%
Ins Owner ChangeN/A
Market Cap109.17M
Analysts83.33
Price Target6.43 (47.48%)
Short Float %1.86%
Short Ratio4.19
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-31.89%
Min EPS beat(2)-145.1%
Max EPS beat(2)81.33%
EPS beat(4)1
Avg EPS beat(4)-222.35%
Min EPS beat(4)-684.31%
Max EPS beat(4)81.33%
EPS beat(8)4
Avg EPS beat(8)-44.85%
EPS beat(12)5
Avg EPS beat(12)-86.03%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-2.2%
Min Revenue beat(2)-5.08%
Max Revenue beat(2)0.68%
Revenue beat(4)2
Avg Revenue beat(4)-3.67%
Min Revenue beat(4)-11%
Max Revenue beat(4)0.71%
Revenue beat(8)6
Avg Revenue beat(8)3.54%
Revenue beat(12)10
Avg Revenue beat(12)6.92%
Revenue beat(16)14
Avg Revenue beat(16)9.99%
PT rev (1m)7.24%
PT rev (3m)0.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.14%
EPS NY rev (1m)-1.15%
EPS NY rev (3m)6.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.01%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.22%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.02
P/FCF 50.1
P/OCF 7.2
P/B 1.42
P/tB 6.31
EV/EBITDA 7.5
EPS(TTM)-0.25
EYN/A
EPS(NY)-0.01
Fwd EYN/A
FCF(TTM)0.09
FCFY2%
OCF(TTM)0.61
OCFY13.89%
SpS4.26
BVpS3.06
TBVpS0.69
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -5.07%
ROE -7.44%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 51.24%
FCFM 2.04%
ROA(3y)-5.35%
ROA(5y)-12.7%
ROE(3y)-7.27%
ROE(5y)-47.88%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.08%
GM growth 5Y2.81%
F-Score4
Asset Turnover0.95
Health
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 4.69
Debt/EBITDA 0.71
Cap/Depr 74.97%
Cap/Sales 12.18%
Interest Coverage N/A
Cash Conversion 113.94%
Profit Quality N/A
Current Ratio 1.11
Quick Ratio 1.11
Altman-Z 1.61
F-Score4
WACC7.88%
ROIC/WACCN/A
Cap/Depr(3y)78.75%
Cap/Depr(5y)80.9%
Cap/Sales(3y)8.45%
Cap/Sales(5y)7.42%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-35.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%92.31%
EPS Next Y-32%
EPS Next 2Y39.82%
EPS Next 3Y32.57%
EPS Next 5YN/A
Revenue 1Y (TTM)4.64%
Revenue growth 3Y26.3%
Revenue growth 5Y67.28%
Sales Q2Q%2.33%
Revenue Next Year6.43%
Revenue Next 2Y10.35%
Revenue Next 3Y10.19%
Revenue Next 5YN/A
EBIT growth 1Y-2074.71%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year1916.58%
EBIT Next 3Y194.86%
EBIT Next 5YN/A
FCF growth 1Y287.57%
FCF growth 3Y-18.54%
FCF growth 5YN/A
OCF growth 1Y156.33%
OCF growth 3Y23.45%
OCF growth 5YN/A