Contents
Contents
Introduction 3
About 888 Holdings plc 3
About Bwin.party Digital Entertainment Plc –The competitor 4
Financial Analysis 5
1. Profitability 5
2. Financial stability 8
3. Liquidity 9
4. Dividend payout ratio 10
5. Price to book value ratio 11
Event Analysis 12
Critics about the company 12
Corporate Governance 13
Recommendation 14
References 15
Description
This report will do fundamental analysis on 888 Holdings Public Limited Company (888), which is one of the world’s leaders in online gaming. The company is listed on London stock exchange and is part of FTSE 250. Fundamental analysis is carried out on the company by analyzing profitability ratios such as operating margin, return on equity and return on assets and liquidity ratios to evaluate the performance of the company over the last five years. This report will also benchmark 888 against nearest competitor, Bwin. This report will also evaluate the qualitative parameters such as corporate governance to support our quantitative analysis. Finally, buy or sell recommendation will be made based on the analysis.