Evergreen Gaming Corporation (EVGEF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Evergreen Gaming Corporation (EVGEF) trades at $0.64 with AI Score 51/100 (Grade B). Evergreen Gaming Corporation operates casinos in Washington state, offering a variety of card games and dining options. Sector: Consumer cyclical.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for EVGEF: EVGEF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates EVGEF against Consumer Cyclical peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
EVGEF: 4/6 perspectives are bullish. Dominant signal: Moon AI bullish.
How is this calculated? →Evergreen Gaming Corporation (EVGEF) Consumer Business Overview
Evergreen Gaming Corporation, a regional casino operator in Washington, focuses on card games and dining. With a P/E of 11.68 and a profit margin of 14.7%, the company offers a value proposition within the consumer cyclical sector, emphasizing local market penetration and established casino locations.
What Is the Investment Thesis for EVGEF?
Evergreen Gaming Corporation presents an investment opportunity within the regional casino market, supported by a P/E ratio of 11.68 and a profit margin of 14.7%. The company's focus on card games and established casino locations in Washington state provides a stable revenue base. Growth catalysts include potential expansion within the existing locations and strategic acquisitions of smaller regional casinos. The company's high gross margin of 71.9% indicates efficient operations and strong pricing power. Key risks include regulatory changes in the gaming industry and increased competition from larger casino operators. The company's beta of 1.09 suggests a market-correlated risk profile. Monitoring revenue growth from existing locations and assessing the impact of potential regulatory changes are crucial for evaluating the investment's long-term viability.
Based on FMP financials and quantitative analysis
EVGEF Key Highlights
- P/E ratio of 11.68 indicates a potentially undervalued stock compared to the broader market.
- Profit margin of 14.7% demonstrates effective cost management and profitability.
- Gross margin of 71.9% highlights strong pricing power and efficient operations.
- Beta of 1.09 suggests the stock's volatility is similar to the overall market.
- Focus on regional gaming in Washington state provides a stable revenue base.
Who Are EVGEF's Competitors?
EVGEF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BOLL Bollinger Industries, Inc. | $10.00 | +0.00% | $73.96M | 47 |
| CHRLF Charle Co.,Ltd. | $5.31 | +0.00% | $84.09M | 47 |
| CTTLF Cettire Limited | $0.96 | +0.00% | $85.40M | 38 |
| GIGI Gentoo Media Inc. | $0.71 | +0.00% | $95.64M | 51 |
| GLFGF Global Fashion Group S.A. | $0.33 | +0.00% | $75.43M | 51 |
| PDSSF Paradise Entertainment Limited | $0.09 | +0.00% | $96.39M | 63 |
| RSI Rush Street Interactive (RSI) | $31.68 | +1.34% | $7.53B | 62 |
| CDRO Codere Online Luxembourg, S.A. | $9.56 | +1.70% | $434.69M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are EVGEF's Key Strengths?
- Established casino locations in Washington state.
- Focus on card games appeals to a specific customer segment.
- High gross margin of 71.9% indicates efficient operations.
- Loyal customer base within the regional gaming market.
What Are EVGEF's Weaknesses?
- Limited geographic diversification, concentrated in Washington.
- Dependence on brick-and-mortar casinos, lacking online presence.
- Smaller scale compared to larger national casino operators.
- Vulnerable to regulatory changes in the gaming industry.
What Could Drive EVGEF Stock Higher?
- Expansion within existing casino locations through enhanced amenities and gaming options.
- Implementation of enhanced marketing and customer loyalty programs to attract and retain customers.
- Potential strategic acquisitions of regional casinos in the Pacific Northwest (2-3 years).
- Development of an online gaming platform to complement brick-and-mortar casinos (3-5 years).
What Are the Key Risks for EVGEF?
- Increased competition from larger national casino operators.
- Economic downturns impacting consumer spending on leisure activities.
- Regulatory changes impacting the gaming industry.
- Technological disruptions in the gaming market.
- Limited geographic diversification, concentrated in Washington.
What Are the Growth Opportunities for EVGEF?
- Expansion within Existing Locations: Evergreen Gaming can expand its revenue streams by enhancing the amenities and gaming options within its current casino locations. This includes adding new card games, upgrading restaurant facilities, and creating promotional events to attract more customers. The market size for regional casino gaming is estimated at $10 billion annually, with potential for Evergreen Gaming to capture a larger share through strategic investments. Timeline: Ongoing.
- Strategic Acquisitions of Regional Casinos: Evergreen Gaming can pursue strategic acquisitions of smaller regional casinos in the Pacific Northwest to expand its geographic footprint and market share. This includes targeting casinos with complementary gaming offerings and established customer bases. The acquisition market for regional casinos is estimated at $500 million annually, with potential for Evergreen Gaming to identify undervalued assets. Timeline: 2-3 years.
- Enhanced Marketing and Customer Loyalty Programs: Evergreen Gaming can implement enhanced marketing and customer loyalty programs to attract new customers and retain existing ones. This includes targeted advertising campaigns, loyalty rewards programs, and personalized gaming experiences. The market for casino marketing and loyalty programs is estimated at $1 billion annually, with potential for Evergreen Gaming to improve its customer acquisition and retention rates. Timeline: Ongoing.
- Development of Online Gaming Platform: Evergreen Gaming can develop an online gaming platform to complement its brick-and-mortar casinos and reach a wider audience. This includes offering online versions of its popular card games and creating a virtual casino experience. The market for online gaming is estimated at $60 billion globally, with potential for Evergreen Gaming to tap into this growing market. Timeline: 3-5 years.
- Partnerships with Local Businesses and Tourism Agencies: Evergreen Gaming can form partnerships with local businesses and tourism agencies to promote its casinos and attract tourists. This includes offering package deals, cross-promotional campaigns, and joint marketing initiatives. The market for casino partnerships and tourism is estimated at $5 billion annually, with potential for Evergreen Gaming to increase its visibility and attract new customers. Timeline: Ongoing.
What Opportunities Does EVGEF Have?
- Expansion within existing locations through enhanced amenities.
- Strategic acquisitions of regional casinos in the Pacific Northwest.
- Development of an online gaming platform to reach a wider audience.
- Partnerships with local businesses and tourism agencies.
What Threats Does EVGEF Face?
- Increased competition from larger casino operators.
- Economic downturns impacting consumer spending on leisure activities.
- Regulatory changes impacting the gaming industry.
- Technological disruptions in the gaming market.
What Are EVGEF's Competitive Advantages?
- Established casino locations in the Seattle metropolitan area.
- Focus on card games, differentiating from slot machine-heavy casinos.
- Loyal customer base within the regional gaming market.
- Operational expertise in managing casino operations.
What Does EVGEF Do?
Evergreen Gaming Corporation, based in Lakewood, Washington, operates casinos in the United States. The company's portfolio includes The Riverside casino in Tukwila, Goldies Casino in Shoreline, and Chips and Palace casinos in Lakewood. These casinos provide a range of gaming options, primarily focusing on card games such as Poker, Blackjack, Spanish 21, 4-Card Poker, PaiGow, and Baccarat. Additionally, they offer pull tabs, enhancing the variety of gaming experiences for their patrons. Evergreen Gaming also operates bars and restaurants within its casinos, providing dining and beverage services to complement the gaming activities. Founded to capitalize on the regional gaming market in Washington, Evergreen Gaming has strategically positioned its casinos to cater to local communities. The company's focus on card games differentiates it from larger casino operators that emphasize slot machines. This targeted approach allows Evergreen Gaming to cultivate a loyal customer base and maintain a competitive edge within its specific geographic markets. The company's evolution has been marked by a consistent focus on enhancing the customer experience through a combination of gaming and hospitality offerings.
What Products and Services Does EVGEF Offer?
- Operates The Riverside casino in Tukwila, Washington.
- Manages Goldies Casino in Shoreline, Washington.
- Runs Chips and Palace casinos in Lakewood, Washington.
- Offers card games such as Poker, Blackjack, and Baccarat.
- Provides pull tabs gaming options.
- Operates bars and restaurants within its casinos.
How Does EVGEF Make Money?
- Generates revenue from card games and pull tabs.
- Earns income from food and beverage sales in casino bars and restaurants.
- Focuses on attracting local customers and regional tourists.
- Manages casino operations to maximize profitability.
What Industry Does EVGEF Operate In?
Evergreen Gaming Corporation operates within the gambling and casino industry, a segment of the consumer cyclical sector. The industry is characterized by regional markets and varying regulatory environments. Key trends include the increasing popularity of online gaming and the growing demand for integrated resort experiences. Evergreen Gaming's focus on card games and regional casinos positions it within a niche market, competing with larger national casino chains and smaller local operators. The industry is subject to economic cycles, with consumer spending on leisure activities fluctuating based on macroeconomic conditions. The company's success depends on its ability to attract and retain local customers while adapting to changing consumer preferences and regulatory requirements.
Who Are EVGEF's Key Customers?
- Local residents seeking entertainment and gaming options.
- Regional tourists visiting the Seattle metropolitan area.
- Card game enthusiasts and casual gamblers.
- Diners and patrons of casino bars and restaurants.
ROE 26%Key Financial Metrics
Return on equity for Evergreen Gaming Corporation stands at 25.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 14.1%, showing how much profit it generates from its asset base. EVGEF trades at a trailing price-to-earnings ratio of 11.24, below the Consumer Cyclical sector average of ~39x. A current ratio of 3.54 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 8.9%, the inverse of the P/E and a quick read on earnings relative to price.
EVGEF Valuation & Market Position
Relative to its peer group, EVGEF's quantitative score of 51/100 is roughly in line with the peer average of 47/100.
Company Profile
Evergreen Gaming Corporation operates in the Gambling, Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Lakewood, US. The company is led by CEO Steven Michels. EVGEF has traded publicly since 2019.
EVGEF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Evergreen Gaming's recent insider buying suggests confidence from those closest to the company, signaling potential upside.
- Community sentiment indicates a growing belief in the long-term value of regional gaming assets.
- The company's focus on local markets may provide resilience against broader economic downturns, a classic 'flight to quality' play.
- Positive community discussions highlight the potential for expansion and increased market share in underserved areas.
Bear Case
- Recent market volatility has created uncertainty around consumer discretionary spending, impacting gaming revenue. Think of the 2008 crisis effect on leisure.
- Bearish community views express concern about regulatory hurdles and potential tax increases affecting profitability.
- Increased competition from online gaming platforms could erode Evergreen's market share in the long run.
- Negative sentiment suggests some believe the company may be overvalued compared to peers, a sentiment that can quickly turn into a sell-off.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · February 2026
EVGEF Latest News
No recent news available for EVGEF.
EVGEF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for EVGEF.
Price Targets
Wall Street price target analysis for EVGEF.
EVGEF MoonshotScore
What does this score mean?
The MoonshotScore rates EVGEF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Steven Michels
CEO
Steven Michels serves as the CEO of Evergreen Gaming Corporation. His background includes extensive experience in the gaming and hospitality industries. Prior to joining Evergreen Gaming, Michels held leadership positions at various regional casino operators, where he focused on operational efficiency and customer experience. He holds a degree in Business Administration from a leading university and has completed executive education programs in strategic management. Michels' expertise lies in optimizing casino operations, enhancing customer loyalty, and driving revenue growth.
Track Record: Under Steven Michels' leadership, Evergreen Gaming Corporation has maintained a consistent profitability and expanded its market share within the regional gaming market. He has overseen the implementation of customer loyalty programs and the enhancement of casino amenities. Michels has also focused on maintaining compliance with regulatory requirements and fostering a positive work environment. His strategic decisions have contributed to the company's stable financial performance and its ability to navigate competitive pressures.
EVGEF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Evergreen Gaming Corporation may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in OTC Other stocks carries higher risks due to the lack of regulatory oversight and the potential for limited liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in EVGEF.
- Lower liquidity can lead to price volatility and difficulty in executing trades.
- Lack of regulatory oversight increases the potential for fraud or mismanagement.
- OTC Other stocks are generally more speculative and carry higher risks.
- Potential for delisting or suspension of trading due to non-compliance.
- Verify the company's financial statements and SEC filings (if any).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's regulatory compliance and legal risks.
- Monitor the company's trading volume and price volatility.
- Consult with a financial advisor before investing.
- Understand the risks associated with OTC Other stocks.
- Established casino operations in Washington state.
- Focus on card games appeals to a specific customer segment.
- CEO with experience in the gaming and hospitality industries.
- Consistent profitability and market share within the regional gaming market.
- Physical presence with multiple casino locations.
Evergreen Gaming Corporation Consumer Cyclical Stock: Key Questions Answered
What does Evergreen Gaming Corporation do?
Evergreen Gaming Corporation operates casinos in Washington state, offering a variety of card games, pull tabs, and dining options. The company's business model focuses on attracting local customers and regional tourists to its established casino locations. By focusing on card games, Evergreen Gaming differentiates itself from larger casinos that primarily offer slot machines. This targeted approach allows the company to cultivate a loyal customer base and maintain a competitive edge within its specific geographic markets. The company generates revenue from gaming activities, food and beverage sales, and other ancillary services.
What are the main risks for EVGEF?
Evergreen Gaming Corporation faces several risks, including increased competition from larger national casino operators, potential economic downturns impacting consumer spending, and regulatory changes in the gaming industry. The company's limited geographic diversification, concentrated in Washington state, also poses a risk. Technological disruptions in the gaming market, such as the rise of online gaming, could also impact the company's business model. Furthermore, the company's reliance on brick-and-mortar casinos makes it vulnerable to changes in consumer preferences and travel patterns. These risks could negatively impact the company's financial performance and growth prospects.
What are the key factors to evaluate for EVGEF?
Evergreen Gaming Corporation (EVGEF) holds an AI score of 51/100 (moderate). Not financial advice.
How frequently does EVGEF data refresh on this page?
EVGEF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven EVGEF's recent stock price performance?
Evergreen Gaming Corporation (EVGEF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established casino locations in Washington state. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider EVGEF overvalued or undervalued right now?
Valuing Evergreen Gaming Corporation (EVGEF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying EVGEF?
Before investing in Evergreen Gaming Corporation (EVGEF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding EVGEF to a portfolio?
Key strength of Evergreen Gaming Corporation (EVGEF): Established casino locations in Washington state. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may be less reliable than exchange-listed data.
- AI analysis pending, some sections may be incomplete.