Allwyn AG (ALWN.AT) stock analysis

In our weekly check, Allwyn AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 4, red flags: 7.

About Allwyn AG

Allwyn AG is a Consumer Cyclical company (Gambling, Resorts & Casinos) based in Switzerland, listed on ATH as ALWN.AT.

What our checks show for ALWN.AT

Red flags

• Net debt is 8.3x a year of EBITDA (debt/equity 1.76). That limits room in a downturn and raises refinancing risk.
• The net margin fell by 11.9 points over 5 years, to 18.3%: the company keeps less of each sale as profit.
• The gross margin fell by 16.2 points, to 43.8%: costs are rising faster than prices.
• Analysts expect the net margin to shrink by 11.7 points from today's 18.3%.
• The dividend takes 197% of profit: little cushion if profit falls.
• The stock has fallen as much as 89% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 3.8%.

Warning signs

• Operating profit covers interest only 3.9 times: a weak year could make the payments hard.
• Earnings per share fell 13.1% a year over the last 3 years.
• Net profit fell 12% a year over the last 3 years.
• The stock is still below its previous peak.

Strengths

• Operating cash flow is 1.78x net profit: the profit arrives as real cash.
• Analysts expect revenue to grow about 47.3% a year over the next years.
• Revenue grew 27.9% a year over the last 3 years.
• Free cash flow is 30.4% of revenue: cash for dividends, buybacks or growth.
• The price is 10.4 times earnings (P/E), reasonable for its growth.
• Beta 0.2: the stock usually moves less than the market.

Next earnings report: 2026-11-19

Similar companies

WYNN · MGM · DKNG · CHDN · TLC.AX · LTMC.MI

Questions

What grade does Allwyn AG (ALWN.AT) have?

In our weekly check, Allwyn AG is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 4, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ALWN.AT stock?

This week's biggest flags for Allwyn AG: High debt, Margins falling, Gross margin falling. In total 11 of 25 checks show a warning or a red flag.

What does Allwyn AG do?

Allwyn AG is a Consumer Cyclical company (Gambling, Resorts & Casinos) based in Switzerland, listed on ATH as ALWN.AT.

When does Allwyn AG report earnings next?

The next earnings report is expected on 2026-11-19. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

Open the full analysis