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Greek Organization Of Football Prognostics (GOFPY)
:GOFPY
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Greek Organization of Football Prognostics SA
(OTC:GOFPY)
77Outperform
Greek Organization of Football Prognostics SA (GOFPY) vs. S&P 500 (SPY)
Market Cap
$8.28B
Dividend Yield5.57%
Average Volume (3M)38.03K
Price to Earnings (P/E)15.5
Beta (1Y)0.49
Revenue Growth11.54%
EPS Growth19.88%
CountryUS
Employees1,949
SectorConsumer Cyclical
Sector Strength74
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)0.20
Shares Outstanding740,125,500
10 Day Avg. Volume7,725
30 Day Avg. Volume38,027
Financial Highlights & Ratios
PEG Ratio-0.66
Price to Book (P/B)13.17
Price to Sales (P/S)0.00
P/FCF Ratio10.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Greek Organization of Football Prognostics SA Business Overview & Revenue Model
Company DescriptionOrganization of Football Prognostics S.A., together with its subsidiaries, operates and manages numerical lottery and sports betting games in Greece. The company operates through Lotteries, Betting (Land Based), Online Betting, Other Online Games, Instant & Passives, VLTs (video lottery terminals), Telecommunication & eMoney Services, and Other segments. It holds rights to conduct, manage, organize, and operate numerical lottery games, betting games, passive and instant lotteries, VLTs, and terrestrial and online horseracing mutual betting. The company's sports betting games category includes the fixed odds game comprising PAME STOIXIMA, and the mutual betting games, such as PROPO, PROPOGOAL, HORSE RACING STOIXIMA, POWERSPIN, and PAME STOIXIMA virtual sports; numerical lottery games comprise the fixed odds games, such as KINO, SUPER 3, and EXTRA 5, as well as the mutual games, including TZOKER, LOTTO, and PROTO; passive lotteries include LAIKO, ETHNIKO, and STATE; and instant lotteries comprise the SCRATCH Luck. In addition, it provides transaction services through electronic means; intangible talk time selling and bill payments services; and software services. The company also holds license for the instalment and operation of 25,000 VLTs under the brand name PLAY. It provides its products and services through a franchised retail network, and online betting and gaming platforms. The company also offers its products and services through sales and distribution networks, including agents, street vendors, and retailers. As of December 31, 2021, it operated 3,628 OPAP stores, 373 PLAY stores, 10,139 independent points of sale, and 1,924 street vendors that distribute SCRATCH tickets and passive lotteries. The company was founded in 1958 and is based in Athens, Greece.
How the Company Makes MoneyGOFPY generates revenue through several key streams, primarily from the sale of lottery tickets, sports betting, and instant win games. The company operates a vast network of retail outlets across Greece, in addition to its online platform, which facilitates digital transactions. Revenue is primarily derived from the margins on bets placed and the sales of lottery tickets. Significant partnerships with technology providers enhance its offerings and customer experience, while licensing agreements ensure a diverse range of games. Additionally, GOFPY benefits from advertising and sponsorship deals, which further contribute to its earnings.
Greek Organization of Football Prognostics SA Financial Statement Overview
Summary
Greek Organization of Football Prognostics SA demonstrates a strong financial position with high profitability and efficient cash flow management. However, there are concerns about declining revenues and reduced equity returns. The balance sheet shows moderate leverage, indicating some potential risk, but the company maintains a healthy level of operational efficiency.Income Statement
The company shows a strong financial performance with a healthy Gross Profit Margin of 58.5% and a Net Profit Margin of 33.3% for TTM (Trailing-Twelve-Months). Despite a decline in revenue from the previous year, the EBIT and EBITDA margins remain solid at 44.4% and 56.1% respectively, indicating good operational efficiency.78
Positive
Balance Sheet
The company has a moderate Debt-to-Equity Ratio of 1.48 for TTM, reflecting a balanced leverage situation. However, the Return on Equity (ROE) has decreased to 98.5%, which suggests a significant drop in profitability relative to equity. The Equity Ratio is 22.4%, indicating a moderate reliance on debt financing.65
Positive
Cash Flow
Operating Cash Flow is robust, with a favorable Operating Cash Flow to Net Income Ratio of 1.32. The Free Cash Flow Growth Rate is strong, reflecting efficient cash management, although the Free Cash Flow to Net Income Ratio is 1.24, which points to a healthy conversion of income to free cash.72
Positive
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.36B | 1.44B | 1.33B | 1.04B | 737.26M | 1.09B | Gross Profit |
| 794.08M | 852.35M | 1.11B | 605.84M | 421.16M | 622.10M | EBIT |
| 603.45M | 590.20M | 763.35M | 400.83M | 250.43M | 296.26M | EBITDA |
| 761.85M | 744.90M | 897.95M | 547.92M | 292.05M | 415.69M | Net Income Common Stockholders |
| 452.68M | 408.32M | 592.33M | 259.43M | 205.17M | 202.38M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 191.45M | 490.89M | 728.07M | 863.99M | 511.50M | 637.10M | Total Assets |
| 1.75B | 2.10B | 2.57B | 2.70B | 2.32B | 2.24B | Total Debt |
| 650.45M | 686.58M | 835.51M | 1.10B | 1.10B | 1.12B | Net Debt |
| 459.00M | 199.25M | 111.07M | 237.28M | 591.74M | 483.33M | Total Liabilities |
| 990.39M | 1.33B | 1.50B | 1.75B | 1.57B | 1.47B | Stockholders Equity |
| 722.75M | 740.65M | 1.04B | 910.86M | 739.61M | 753.79M |
| Cash Flow | Free Cash Flow | ||||
| 561.48M | 497.92M | 637.00M | 469.17M | 167.51M | 244.55M | Operating Cash Flow |
| 598.82M | 527.59M | 659.80M | 493.38M | 186.39M | 279.33M | Investing Cash Flow |
| -25.43M | 92.63M | -53.23M | -39.10M | -78.51M | -49.03M | Financing Cash Flow |
| -855.25M | -857.32M | -742.49M | -100.80M | -234.82M | 221.52M |
Greek Organization of Football Prognostics SA Technical Analysis
Positive
11.22
Price Trends
10.02
Positive
9.13
Positive
8.60
Positive
Market Momentum
0.35
Negative
66.33
Neutral
79.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GOFPY, the sentiment is Positive. The current price of 11.22 is above the 20-day moving average (MA) of 10.77, above the 50-day MA of 10.02, and above the 200-day MA of 8.60, indicating a bullish trend. The MACD of 0.35 indicates Negative momentum. The RSI at 66.33 is Neutral, neither overbought nor oversold. The STOCH value of 79.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GOFPY.
Greek Organization of Football Prognostics SA Peers Comparison
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $8.28B | 15.45 | 74.08% | 5.57% | 11.54% | 19.88% | |
73 Outperform | $7.13B | 22.62 | 46.19% | ― | 7.26% | 54.83% | |
73 Outperform | $3.41B | 11.75 | 1.33% | 4.73% | -33.50% | 35.81% | |
70 Outperform | $2.81B | 158.53 | 11.87% | ― | 29.86% | ― | |
63 Neutral | $32.82B | ― | -46.78% | ― | 22.86% | 30.40% | |
61 Neutral | $6.98B | 11.35 | 2.88% | 3.90% | 2.65% | -21.84% |
* Consumer Cyclical Sector Average
Performance Comparison
GOFPY
Greek Organization of Football Prognostics SA
11.22
3.52
45.71%
IGT
International Game Technology
16.90
-2.59
-13.29%
LNW
Light & Wonder
84.53
-8.72
-9.35%
DKNG
DraftKings
36.90
-7.82
-17.49%
RSI
Rush Street Interactive
12.27
3.48
39.59%
CDRO
Codere Online
8.00
<0.01
0.13%
Greek Organization of Football Prognostics SA Earnings Call Summary
Earnings Call Date:Mar 19, 2025
(Q4-2024)
| % Change Since: 21.56%|
Next Earnings Date:May 28, 2025
Earnings Call Sentiment Neutral
The earnings call presented a strong performance in Q4 2024 with record-breaking revenues and growth, particularly in the online segment. However, challenges such as sustaining sports betting growth, cost pressures, and uncertainties around license renewals were highlighted.Q4-2024 Updates
Positive Updates
Exceptional Q4 Performance
OPAP S.A. recorded exceptional performance in Q4 2024, driven by the GIGA jackpot in Tzoker, strong sports betting performance, and growing iGaming popularity. The online segment contributed about 32% to the group's revenues, setting a new record.
Top Line Performance
The 2024 top line performance exceeded the upper end of guidance by nearly EUR 100 million, thanks to exceptional sports betting performance and favorable results during the Euro ‘24 tournament.
Online Segment Growth
The online segment showed strong performance, contributing 32% to the group's revenue, indicating a robust digital strategy.
Shareholder Remuneration
The company maintained its commitment to dividend distributions exceeding net profits, with a minimum of EUR 1 per share. A recent buyback program of EUR 150 million was completed.
Negative Updates
Challenges in Sustaining Sports Betting Growth
There are concerns about the sustainability of sports betting growth and margins, with a potential saturation point as customer spending may stabilize.
Cost Pressures
OPAP faced cost pressures due to salary adjustments needed to retain talent and increased marketing and sponsorship costs, affecting overall margins.
License Renewal Uncertainty
Discussions for renewing core offline betting and numerical lotteries licenses are ongoing, with no definitive timeline, potentially affected by recent government reshuffles.
Company Guidance
In the recent OPAP S.A. conference call, the company reported an impressive fiscal performance for the fourth quarter of 2024, surpassing their revenue guidance by nearly EUR 100 million. This success was largely attributed to the exceptional performance in sports betting, aided by favorable outcomes, and a robust online segment, which grew to contribute about 32% of the group's revenues, setting a new record. The management expressed a cautious optimism for 2025, projecting low single-digit growth at the group level due to a challenging comparison base from 2024's extraordinary results, including the rare GIGA jackpot in Tzoker. They also highlighted ongoing efforts to enhance gaming experiences and maintain their strategic focus on digital growth. Additionally, OPAP reiterated its commitment to distributing dividends exceeding net profits, with a minimum of EUR 1 per share, and stated that any potential future share buybacks would be complementary to their dividend policy.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.