Why is Bragg Gaming Group, Inc. ?
1
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -57.44%, its profits have fallen by -9.5%
2
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -0.74% over the previous quarter and collectively hold 8.32% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
3
Below par performance in long term as well as near term
- Along with generating -57.44% returns in the last 1 year, the stock has also underperformed S&P/TSX 60 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Bragg Gaming Group, Inc. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Bragg Gaming Group, Inc.
-57.44%
22.21
64.16%
S&P/TSX 60
29.6%
2.31
12.81%
Quality key factors
Factor
Value
Sales Growth (5y)
16.34%
EBIT Growth (5y)
-245.76%
EBIT to Interest (avg)
-3.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0.10
Sales to Capital Employed (avg)
1.36
Tax Ratio
14.32%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
8.32%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.58
EV to EBIT
-7.35
EV to EBITDA
2.58
EV to Capital Employed
0.59
EV to Sales
0.35
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-8.00%
ROE (Latest)
-10.69%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
12What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CAD 22.88 MM
INTEREST COVERAGE RATIO(Q)
Highest at 2,534.37
RAW MATERIAL COST(Y)
Fallen by 0.79% (YoY
NET PROFIT(Q)
Highest at CAD -1.9 MM
EPS(Q)
Highest at CAD -0.07
-4What is not working for the Company
NET PROFIT(9M)
At CAD -7.79 MM has Grown at -28.02%
CASH AND EQV(HY)
Lowest at CAD 16.21 MM
Here's what is working for Bragg Gaming Group, Inc.
Interest Coverage Ratio
Highest at 2,534.37 and Grown
In each period in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Operating Cash Flow
Highest at CAD 22.88 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CAD MM)
Net Profit
Highest at CAD -1.9 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CAD MM)
EPS
Highest at CAD -0.07
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CAD)
Raw Material Cost
Fallen by 0.79% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Bragg Gaming Group, Inc.
Cash and Eqv
Lowest at CAD 16.21 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






