Gan Ltd
NASDAQ:GAN

Watchlist Manager
Gan Ltd Logo
Gan Ltd
NASDAQ:GAN
Watchlist
Price: 1.97 USD 0.51% Market Closed
Market Cap: $91.5m

EV/EBIT

-21.6
Current
434%
More Expensive
vs 3-y average of -4

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
-21.6
=
Enterprise Value
$99.1m
/
EBIT
$-4.6m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
-21.6
=
Enterprise Value
$99.1m
/
EBIT
$-4.6m

Valuation Scenarios

Gan Ltd is trading above its industry average

If EV/EBIT returns to its Industry Average (18.1), the stock would be worth $-1.65 (184% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-191%
Maximum Upside
No Upside Scenarios
Average Downside
187%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple -21.6 $1.97
0%
Industry Average 18.1 $-1.65
-184%
Country Average 19.6 $-1.79
-191%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
$99.1m
/
Apr 2025
$-4.6m
=
-21.6
Current
$99.1m
/
Dec 2025
$-4.5m
=
-22.1
Forward
$99.1m
/
Dec 2026
$870.6k
=
113.8
Forward
$99.1m
/
Dec 2027
$3.6m
=
27.7
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
US
Gan Ltd
NASDAQ:GAN
90.9m USD -21.6 -8.6
US
Las Vegas Sands Corp
NYSE:LVS
35.1B USD 15 21.6
AU
Aristocrat Leisure Ltd
ASX:ALL
29.5B AUD 14.9 18
HK
Galaxy Entertainment Group Ltd
HKEX:27
149.8B HKD 14 14.1
IE
Flutter Entertainment PLC
LSE:FLTR
13.8B GBP 40.2 -44.6
MO
Sands China Ltd
HKEX:1928
138.6B HKD 17.4 19.8
SE
Evolution AB (publ)
STO:EVO
123.7B SEK 8.5 10.8
GR
Organization of Football Prognostics SA
ATHEX:ALWN
9.6B EUR 13.7 19.9
US
DraftKings Inc
NASDAQ:DKNG
11B USD -1 084 2 962.1
US
Wynn Resorts Ltd
NASDAQ:WYNN
11B USD 17.4 33.6
ZA
Sun International Ltd
JSE:SUI
10.8B ZAR 6.1 6.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Gan Ltd
NASDAQ:GAN
Average EV/EBIT: 16.4
Negative Multiple: -21.6
N/A N/A
US
Las Vegas Sands Corp
NYSE:LVS
15
8%
1.9
AU
Aristocrat Leisure Ltd
ASX:ALL
14.9
9%
1.7
HK
Galaxy Entertainment Group Ltd
HKEX:27
14
10%
1.4
IE
Flutter Entertainment PLC
LSE:FLTR
40.2
86%
0.5
MO
Sands China Ltd
HKEX:1928
17.4
14%
1.2
SE
Evolution AB (publ)
STO:EVO
8.5
4%
2.1
GR
O
Organization of Football Prognostics SA
ATHEX:ALWN
13.7
4%
3.4
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -1 084 N/A N/A
US
Wynn Resorts Ltd
NASDAQ:WYNN
17.4
11%
1.6
ZA
S
Sun International Ltd
JSE:SUI
6.1
N/A N/A

Market Distribution

Lower than 100% of companies in the United States of America
Percentile
0th
Based on 8 638 companies
0th percentile
-21.6
Low
0 — 13.6
Typical Range
13.6 — 27.8
High
27.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.6
Median 19.6
70th Percentile 27.8
Max 1 826 183.2

Gan Ltd
Glance View

GAN Ltd. engages in the provision of enterprise solutions for online casino gaming. The company is headquartered in Irvine, California and currently employs 682 full-time employees. The company went IPO on 2020-05-05. The firm operates through two segments: RMiG and SIM. The RMiG segment develops, markets and sells instances of GameSTACK that incorporate comprehensive player registration, account funding and back-office accounting and management tools that enable the casino operator customers to extend their presence online in places that permit online real money gambling. The SIM segment develops, markets and sells instances of iSight Back Office and GameSTACK that incorporate comprehensive player registration, account funding and back-office accounting and management tools that enable the casino operator customers to efficiently, confidently and extend their presence online in places that have not permitted any form of online real money gambling. The firm operates in California, Nevada, Florida, United Kingdom, Bulgaria, Israel and Estonia.

GAN Intrinsic Value
3.12 USD
Undervaluation 37%
Intrinsic Value
Price $1.97
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett