What is Bragg Gaming Group Inc. (BRAG)'s fair-value range?

EvidInvest reads Bragg Gaming Group Inc. (BRAG)'s market price back into the assumptions behind it — the implied P/E, growth rate and cash yield — using its latest filed financials, then lets you set your own. See the full DCF, Graham number, EPV and multiple-based methods at https://evidinvest.com/valuation/BRAG.

How is Bragg Gaming Group Inc. (BRAG)'s fair value calculated?

Bragg Gaming Group Inc. (BRAG)'s fair value is computed with several independent methods — a discounted cash flow (DCF) model, the Graham number, earnings power value (EPV), and valuation multiples such as PE and EV/EBITDA — using data from SEC filings. P/B is optional for non-financial companies and included in the preset range for financial sectors.

Which filing are Bragg Gaming Group Inc. (BRAG)'s valuation inputs based on?

Inputs come from the FY2025 40-F filed 2026-03-31 (accession 0001104659-26-037580). Source: https://www.sec.gov/Archives/edgar/data/1867834/000110465926037580/

Fair value · Bragg Gaming Group Inc. (BRAG) · updated 2026-11-07 · from 40-F FY2025

Bragg Gaming Group trades at $0.77. That price implies 1.2× EV/EBITDA and a 100.6% free-cash-flow yield.

Name: Bragg Gaming Group Inc. (BRAG) valuation inputs and fair-value methods
Creator: EvidInvest
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Cboe · delayed 15 min · as of 20:04 ET

Statements filed in EUR, converted to USD at the 2025-12-31 period-end rate (0.85106 EUR per USD; ECB reference rates).

Are those assumptions reasonable? Use BRAG’s filed growth history and the AI chat to decide, then set your own inputs below — the range you build is yours.

What the price implies

EV/EBITDA: 1.2×
FCF yield: 100.6%

Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings. This price: Cboe · delayed 15 min · as of 20:04 ET.

Set your own assumptions ↓See how each method got its number Check another stock

Inputs come from the FY2025 40-F filed 2026-03-31 (accession 0001104659-26-037580); set your own on the sliders below. Research, not investment advice.

The filing behind these numbers

Bragg Gaming Group Inc.

Revenue: EUR 106.1M
Diluted EPS: EUR -0.32
Free cash flow: EUR 17.6M; operating cash flow − capital expenditure
Diluted shares: 25.3M; weighted average

40-F FY2025 · fiscal year ended 2025-12-31 · filed 2026-03-31 · accession 0001104659-26-037580

Open this filing on sec.gov

Valuation tool: build your own BRAG range

Fair Value Summary

Daily Price — BRAG

$0.81 -60.8% (1Y)

Your range0 of 7 methods

At least two methods need a usable value to draw a range with these inputs.

Range with preset inputs

No preset range for this company yet.

The two ranges are identical because every input sits on a preset.

We don’t tell you what BRAG is worth. Every tab OPENS on what today’s price implies for that method’s key assumption; you decide whether that assumption is reasonable — the growth matrix has BRAG’s filed history and the AI chat will reason it through with you — and the range you build is yours. Our presets are filed history and reference settings, never a recommendation.

Discounted cash flow

$10.25per share

1235% above the $0.77 price· outside the ±300% band, left out of the range

Preset inputs — revenue-driven DCF from the latest filing

Two-stage FCF model at the same filed inputs: $18.23 — move any slider below and that model takes over.

Implied by today’s price

The price implies stage-1 FCF growth of -50.0%. Even free cash flow shrinking 50% a year lands above today’s price with the other inputs held; −50% is the edge of what this model can show.

Not solvable from the price — Even free cash flow shrinking 50% a year lands above today’s price with the other inputs held; −50% is the edge of what this model can show. Showing preset inputs.

That is the assumption the market is making — not ours, and not a recommendation. Decide whether it is reasonable: the growth matrix shows what BRAG has actually filed, and the AI chat will reason it through with you.

Your inputs

Free cash flow grows at your stage-1 rate, then your stage-2 rate, then a terminal rate; everything is discounted at your WACC.

Stage-1 growth5.0%

Yearly free-cash-flow growth for the first stage. Starts below zero so a shrinking-cash-flow case — and the rate today’s price implies — can be set.

-20.0%61.0%

Stage-1 years5 yrs

How long stage-1 growth lasts.

1 yrs10 yrs

Stage-2 growth2.5%

Slower growth after stage 1, before the terminal phase.

-20.0%30.0%

Stage-2 years5 yrs

0 yrs10 yrs

Terminal growth2.5%

Growth forever after the two stages. Above ~3% is rarely justified.

0.0%5.0%

Discount rate (WACC)7.76%

The return you require. Default is the WACC EvidInvest computed for this company. Higher discount rate, lower value.

3.00%15.00%

Net debt ($M)Debt minus cash, from the balance sheet. Subtracted from enterprise value.

Starting FCF ($M)Latest free cash flow from the filing (operating cash flow minus capex).

Shares (M)Diluted shares, from the filing.

Year by year (two-stage model, $M)

PV explicit $177M · PV terminal $280M · EV $457M · equity $456M

Year	Stage	FCF	Present value
1	Stage 1	$22M	$20M
2	Stage 1	$23M	$20M
3	Stage 1	$24M	$19M
4	Stage 1	$26M	$19M
5	Stage 1	$27M	$18M
6	Stage 2	$27M	$18M
7	Stage 2	$28M	$17M
8	Stage 2	$29M	$16M
9	Stage 2	$30M	$15M
10	Stage 2	$30M	$14M

Inputs from the filing

Statements filed in EUR, converted to USD at the 2025-12-31 period-end rate (0.85106 EUR per USD; ECB reference rates).

Free cash flow: $20.6M; latest full year
EBIT: $-6.2M; latest annual
Shares: 25.3M
Total debt: $8.9M
Cash: $7.8M
Net debt: $1.1M; debt − cash

40-F FY2025 · period ended 2025-12-31 · filed 2026-03-31 · accession 0001104659-26-037580 · sec.gov

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Bragg Gaming Group trades at $0.77. That price implies 1.2× EV/EBITDA and a 100.6% free-cash-flow yield.

The filing behind these numbers

Valuation tool: build your own BRAG range

Daily Price — BRAG

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Year by year (two-stage model, $M)

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Valuation tool: build your own BRAG range

Daily Price — BRAG

Your range0 of 7 methods

Range with preset inputs

Your inputs

Year by year (two-stage model, $M)

More on BRAG

Compare with peers

Explore