Chrysochoidis Securities values Allwyn’s stock at€20, which is significantly higher than its current price on Euronext Athens (€13.04 as of around 3:40 p.m.).
According to the well-known brokerage firm, the stock is trading below its intrinsic value and represents an investment opportunity aimed at both long-term investors seeking satisfactory dividends, as well as to medium-term investors seeking to invest in undervalued and low-leverage companies.
According to forecasts by Chrysochoidis Securities, Allwyn is expected to:
- This year, EBITDA of €1.9 billion and net profits of €1.268 billion.
- In 2027, EBITDA of €2.187 billion and net profits of €1.541 billion.
Allwyn’s broader geographic presence compared to OPAP, as well as the exploitation of economies of scale, could have a catalytic effect on the listed company’s performance.