BRAGG GAMING GROUP INC (BRAG.CA) Stock Fundamental Analysis

TSX:BRAG • CA1048333068

2.31 CAD
0 (0%)
Last: Feb 27, 2026, 07:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to BRAG. BRAG was compared to 18 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and financial health of BRAG have multiple concerns. While showing a medium growth rate, BRAG is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • BRAG had negative earnings in the past year.
  • BRAG had a positive operating cash flow in the past year.
  • BRAG had negative earnings in each of the past 5 years.
  • Of the past 5 years BRAG 4 years had a positive operating cash flow.
BRAG.CA Yearly Net Income VS EBIT VS OCF VS FCFBRAG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5M -5M 10M -10M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -7.42%, BRAG is doing worse than 61.11% of the companies in the same industry.
  • BRAG has a Return On Equity of -11.64%. This is in the lower half of the industry: BRAG underperforms 61.11% of its industry peers.
Industry RankSector Rank
ROA -7.42%
ROE -11.64%
ROIC N/A
ROA(3y)-3.96%
ROA(5y)-8.22%
ROE(3y)-5.82%
ROE(5y)-13.07%
ROIC(3y)N/A
ROIC(5y)N/A
BRAG.CA Yearly ROA, ROE, ROICBRAG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 -100 -200 -300

1.3 Margins

  • BRAG has a better Gross Margin (55.37%) than 66.67% of its industry peers.
  • In the last couple of years the Gross Margin of BRAG has grown nicely.
  • The Profit Margin and Operating Margin are not available for BRAG so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 55.37%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.95%
GM growth 5Y3.21%
BRAG.CA Yearly Profit, Operating, Gross MarginsBRAG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

3

2. Health

2.1 Basic Checks

  • BRAG does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, BRAG has more shares outstanding
  • Compared to 5 years ago, BRAG has more shares outstanding
  • Compared to 1 year ago, BRAG has a worse debt to assets ratio.
BRAG.CA Yearly Shares OutstandingBRAG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
BRAG.CA Yearly Total Debt VS Total AssetsBRAG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

  • BRAG has an Altman-Z score of 0.25. This is a bad value and indicates that BRAG is not financially healthy and even has some risk of bankruptcy.
  • BRAG has a Altman-Z score (0.25) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.09 indicates that BRAG is not too dependend on debt financing.
  • BRAG has a Debt to Equity ratio of 0.09. This is amongst the best in the industry. BRAG outperforms 83.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF N/A
Altman-Z 0.25
ROIC/WACCN/A
WACC7.5%
BRAG.CA Yearly LT Debt VS Equity VS FCFBRAG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M

2.3 Liquidity

  • A Current Ratio of 1.05 indicates that BRAG should not have too much problems paying its short term obligations.
  • BRAG has a Current ratio of 1.05. This is in the better half of the industry: BRAG outperforms 72.22% of its industry peers.
  • A Quick Ratio of 1.05 indicates that BRAG should not have too much problems paying its short term obligations.
  • BRAG's Quick ratio of 1.05 is fine compared to the rest of the industry. BRAG outperforms 72.22% of its industry peers.
Industry RankSector Rank
Current Ratio 1.05
Quick Ratio 1.05
BRAG.CA Yearly Current Assets VS Current LiabilitesBRAG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M

4

3. Growth

3.1 Past

  • BRAG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -26.09%.
  • Looking at the last year, BRAG shows a small growth in Revenue. The Revenue has grown by 7.48% in the last year.
  • The Revenue has been growing by 30.85% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-26.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-800%
Revenue 1Y (TTM)7.48%
Revenue growth 3Y20.48%
Revenue growth 5Y30.85%
Sales Q2Q%2.43%

3.2 Future

  • Based on estimates for the next years, BRAG will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.82% on average per year.
  • BRAG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.62% yearly.
EPS Next Y-40.86%
EPS Next 2Y21.73%
EPS Next 3Y17.82%
EPS Next 5YN/A
Revenue Next Year4.39%
Revenue Next 2Y3.14%
Revenue Next 3Y3.62%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
BRAG.CA Yearly Revenue VS EstimatesBRAG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 20M 40M 60M 80M 100M
BRAG.CA Yearly EPS VS EstimatesBRAG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for BRAG. In the last year negative earnings were reported.
  • Also next year BRAG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BRAG.CA Price Earnings VS Forward Price EarningsBRAG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20

4.2 Price Multiples

  • 100.00% of the companies in the same industry are more expensive than BRAG, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 2.62
BRAG.CA Per share dataBRAG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

  • BRAG's earnings are expected to grow with 17.82% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y21.73%
EPS Next 3Y17.82%

0

5. Dividend

5.1 Amount

  • BRAG does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

BRAGG GAMING GROUP INC

TSX:BRAG (2/27/2026, 7:00:00 PM)

2.31

0 (0%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)11-13
Earnings (Next)03-19
Inst Owners5.7%
Inst Owner ChangeN/A
Ins Owners10.29%
Ins Owner ChangeN/A
Market Cap57.84M
Revenue(TTM)105.55M
Net Income(TTM)-7.45M
Analysts78.18
Price Target8.48 (267.1%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-46.48%
Min EPS beat(2)-55.7%
Max EPS beat(2)-37.25%
EPS beat(4)1
Avg EPS beat(4)-139.55%
Min EPS beat(4)-516.25%
Max EPS beat(4)50.98%
EPS beat(8)2
Avg EPS beat(8)-180.95%
EPS beat(12)5
Avg EPS beat(12)-76.42%
EPS beat(16)6
Avg EPS beat(16)-99.41%
Revenue beat(2)0
Avg Revenue beat(2)-4.71%
Min Revenue beat(2)-7.91%
Max Revenue beat(2)-1.51%
Revenue beat(4)0
Avg Revenue beat(4)-4.68%
Min Revenue beat(4)-7.91%
Max Revenue beat(4)-1.51%
Revenue beat(8)2
Avg Revenue beat(8)-4.18%
Revenue beat(12)6
Avg Revenue beat(12)0.8%
Revenue beat(16)10
Avg Revenue beat(16)4.02%
PT rev (1m)-2.68%
PT rev (3m)-2.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-75.02%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.48%
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)0.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.06%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.34
P/FCF N/A
P/OCF 2.93
P/B 0.56
P/tB 2.27
EV/EBITDA 2.62
EPS(TTM)-0.47
EYN/A
EPS(NY)-0.18
Fwd EYN/A
FCF(TTM)-0.12
FCFYN/A
OCF(TTM)0.79
OCFY34.15%
SpS6.8
BVpS4.13
TBVpS1.02
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -7.42%
ROE -11.64%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 55.37%
FCFM N/A
ROA(3y)-3.96%
ROA(5y)-8.22%
ROE(3y)-5.82%
ROE(5y)-13.07%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.95%
GM growth 5Y3.21%
F-Score4
Asset Turnover1.05
Health
Industry RankSector Rank
Debt/Equity 0.09
Debt/FCF N/A
Debt/EBITDA 0.41
Cap/Depr 72.1%
Cap/Sales 13.4%
Interest Coverage N/A
Cash Conversion 86.01%
Profit Quality N/A
Current Ratio 1.05
Quick Ratio 1.05
Altman-Z 0.25
F-Score4
WACC7.5%
ROIC/WACCN/A
Cap/Depr(3y)82.02%
Cap/Depr(5y)80.33%
Cap/Sales(3y)10.88%
Cap/Sales(5y)8.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.09%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-800%
EPS Next Y-40.86%
EPS Next 2Y21.73%
EPS Next 3Y17.82%
EPS Next 5YN/A
Revenue 1Y (TTM)7.48%
Revenue growth 3Y20.48%
Revenue growth 5Y30.85%
Sales Q2Q%2.43%
Revenue Next Year4.39%
Revenue Next 2Y3.14%
Revenue Next 3Y3.62%
Revenue Next 5YN/A
EBIT growth 1Y-45.58%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year592.36%
EBIT Next 3Y98.12%
EBIT Next 5YN/A
FCF growth 1Y61.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y189.34%
OCF growth 3YN/A
OCF growth 5YN/A

BRAGG GAMING GROUP INC / BRAG.CA FAQ

What is the fundamental rating for BRAG stock?

ChartMill assigns a fundamental rating of 2 / 10 to BRAG.CA.


What is the valuation status of BRAGG GAMING GROUP INC (BRAG.CA) stock?

ChartMill assigns a valuation rating of 1 / 10 to BRAGG GAMING GROUP INC (BRAG.CA). This can be considered as Overvalued.


How profitable is BRAGG GAMING GROUP INC (BRAG.CA) stock?

BRAGG GAMING GROUP INC (BRAG.CA) has a profitability rating of 2 / 10.


What is the financial health of BRAGG GAMING GROUP INC (BRAG.CA) stock?

The financial health rating of BRAGG GAMING GROUP INC (BRAG.CA) is 3 / 10.


What is the earnings growth outlook for BRAGG GAMING GROUP INC?

The Earnings per Share (EPS) of BRAGG GAMING GROUP INC (BRAG.CA) is expected to decline by -40.86% in the next year.