Perfect World Co Ltd Relative Valuation - Perfect World Co Ltd - Alpha Spread

Perfect World Co Ltd
SZSE:002624

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Perfect World Co Ltd
SZSE:002624
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Price: 8.6 CNY -5.18% Market Closed
Market Cap: 16.7B CNY
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Relative Value

The Relative Value of one Perfect World Co Ltd stock under the Base Case scenario is 16.1 CNY. Compared to the current market price of 8.6 CNY, Perfect World Co Ltd is Undervalued by 47%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
16.1 CNY
Undervaluation 47%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
77
vs Industry
34
Median 3Y
3.1
Median 5Y
3.5
Industry
1.5
Forward
2.3
vs History
vs Industry
7
Median 3Y
41.8
Median 5Y
33.6
Industry
17.9
Forward
20
vs History
3
vs Industry
14
Median 3Y
23.7
Median 5Y
22.8
Industry
11.5
vs History
vs Industry
3
Median 3Y
43.6
Median 5Y
33.1
Industry
15.9
vs History
85
vs Industry
41
Median 3Y
2.5
Median 5Y
3
Industry
1.7
vs History
87
vs Industry
37
Median 3Y
2.9
Median 5Y
3.4
Industry
1.6
Forward
2
vs History
88
vs Industry
42
Median 3Y
4.6
Median 5Y
5.1
Industry
3.4
vs History
vs Industry
4
Median 3Y
35.2
Median 5Y
39.1
Industry
9
Forward
18.1
vs History
vs Industry
4
Median 3Y
35.2
Median 5Y
39.1
Industry
12.4
Forward
32
vs History
3
vs Industry
15
Median 3Y
23.1
Median 5Y
22.2
Industry
10.8
vs History
vs Industry
6
Median 3Y
30.5
Median 5Y
29.8
Industry
14.1
vs History
88
vs Industry
42
Median 3Y
2
Median 5Y
2.3
Industry
1.4

Multiples Across Competitors

Competitors Multiples
Perfect World Co Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Perfect World Co Ltd
SZSE:002624
16.7B CNY 2.7 -255.5 -172.6 -172.6
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
JP
Nintendo Co Ltd
TSE:7974
9.2T JPY 6.3 23.5 16.9 17.6
CN
NetEase Inc
NASDAQ:NTES
56.9B USD 3.8 14 9.3 10.1
SG
Sea Ltd
NYSE:SE
57B USD 3.9 -284.1 136.9 -1 859.6
US
Electronic Arts Inc
NASDAQ:EA
38B USD 5.2 33 19.8 25.2
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
27.2B USD 5 -7.1 39.8 -77.3
US
Roblox Corp
NYSE:RBLX
26.9B USD 8.5 -25 -26 -21.3
JP
Nexon Co Ltd
TSE:3659
2.3T JPY 5.3 33.4 12.5 13.4
JP
Konami Holdings Corp
TSE:9766
2T JPY 5.3 30.9 15.9 20.3
KR
Krafton Inc
KRX:259960
15.1T KRW 6.4 16.9 10.7 11.8
P/E Multiple
Earnings Growth
CN
Perfect World Co Ltd
SZSE:002624
Average P/E: 26.5
Negative Multiple: -255.5
157%
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
151%
JP
Nintendo Co Ltd
TSE:7974
23.5
-4%
CN
NetEase Inc
NASDAQ:NTES
14
34%
SG
Sea Ltd
NYSE:SE
Negative Multiple: -284.1
1 129%
US
Electronic Arts Inc
NASDAQ:EA
33
98%
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -7.1 N/A
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -25 N/A
JP
N
Nexon Co Ltd
TSE:3659
33.4
115%
JP
Konami Holdings Corp
TSE:9766
30.9
39%
KR
Krafton Inc
KRX:259960
16.9
80%
EV/EBIT Multiple
EBIT Growth
CN
Perfect World Co Ltd
SZSE:002624
Average EV/EBIT: 18.2
Negative Multiple: -172.6
16%
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
153%
JP
Nintendo Co Ltd
TSE:7974
17.6
N/A
CN
NetEase Inc
NASDAQ:NTES
10.1
37%
SG
Sea Ltd
NYSE:SE
Negative Multiple: -1 859.6
506%
US
Electronic Arts Inc
NASDAQ:EA
25.2
85%
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -77.3 N/A
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -21.3 N/A
JP
N
Nexon Co Ltd
TSE:3659
13.4
N/A
JP
Konami Holdings Corp
TSE:9766
20.3
N/A
KR
Krafton Inc
KRX:259960
11.8
75%

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