C

CD Projekt SA
WSE:CDR

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CD Projekt SA
WSE:CDR
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Price: 257.6 PLN 10.61% Market Closed
Market Cap: 25.7B PLN

Relative Value

The Relative Value of one CDR stock under the Base Case scenario is 159.13 PLN. Compared to the current market price of 257.6 PLN, CD Projekt SA is Overvalued by 38%.

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.

CDR Relative Value
Base Case
159.13 PLN
Overvaluation 38%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
14
vs Industry
5
Median 3Y
11
Median 5Y
11.5
Industry
1.4
Forward
32.3
vs History
20
vs Industry
11
Median 3Y
31.8
Median 5Y
31.8
Industry
17.6
Forward
110.3
vs History
23
vs Industry
12
Median 3Y
32.9
Median 5Y
32.7
Industry
10.9
vs History
23
vs Industry
13
Median 3Y
39
Median 5Y
37.4
Industry
16
vs History
36
vs Industry
6
Median 3Y
6.2
Median 5Y
7.4
Industry
1.7
vs History
14
vs Industry
6
Median 3Y
10.2
Median 5Y
10.7
Industry
1.5
Forward
30.8
vs History
14
vs Industry
8
Median 3Y
13.7
Median 5Y
14
Industry
3.3
vs History
15
vs Industry
10
Median 3Y
21.4
Median 5Y
21.4
Industry
8.5
Forward
71.4
vs History
17
vs Industry
8
Median 3Y
28.1
Median 5Y
28.1
Industry
12.2
Forward
102.9
vs History
23
vs Industry
12
Median 3Y
30.5
Median 5Y
30.5
Industry
10.2
vs History
23
vs Industry
12
Median 3Y
35.7
Median 5Y
34.5
Industry
12.8
vs History
38
vs Industry
3
Median 3Y
9.2
Median 5Y
10.5
Industry
1.4

Multiples Across Competitors

CDR Competitors Multiples
CD Projekt SA Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
PL
CD Projekt SA
WSE:CDR
25.7B PLN 26.1 54.8 50.2 66.5
JP
Nintendo Co Ltd
TSE:7974
14.4T JPY 11.7 45 37.6 39.2
SG
Sea Ltd
NYSE:SE
81.4B USD 4.8 183.3 74.7 118.6
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
CN
NetEase Inc
NASDAQ:NTES
70.3B USD 4.9 17.2 12.1 13
US
Roblox Corp
NYSE:RBLX
49.4B USD 13.7 -52.8 -57.3 -45.1
US
Electronic Arts Inc
NASDAQ:EA
39.6B USD 5.4 37.7 19.5 24.8
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
38.7B USD 7.1 -10.6 113.4 -77.9
JP
Konami Holdings Corp
TSE:9766
2.8T JPY 6.7 36.2 18.9 23.9
JP
Nexon Co Ltd
TSE:3659
1.9T JPY 4.2 14 8.5 9.2
JP
Konami Group Corp
XMUN:KOA
10.7B EUR 4.2 22.6 11.1 14.1
P/E Multiple
Earnings Growth PEG
PL
C
CD Projekt SA
WSE:CDR
Average P/E: 49.4
54.8
40%
1.4
JP
Nintendo Co Ltd
TSE:7974
45
4%
11.3
SG
Sea Ltd
NYSE:SE
183.3
89%
2.1
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
CN
NetEase Inc
NASDAQ:NTES
17.2
13%
1.3
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -52.8 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
37.7
22%
1.7
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -10.6 N/A N/A
JP
Konami Holdings Corp
TSE:9766
36.2
22%
1.6
JP
N
Nexon Co Ltd
TSE:3659
14
-4%
N/A
JP
K
Konami Group Corp
XMUN:KOA
22.6
22%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
PL
C
CD Projekt SA
WSE:CDR
Average EV/EBITDA: 37.1
50.2
59%
0.9
JP
Nintendo Co Ltd
TSE:7974
37.6
3%
12.5
SG
Sea Ltd
NYSE:SE
74.7
71%
1.1
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
CN
NetEase Inc
NASDAQ:NTES
12.1
12%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -57.3 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
19.5
13%
1.5
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
113.4
49%
2.3
JP
Konami Holdings Corp
TSE:9766
18.9
15%
1.3
JP
N
Nexon Co Ltd
TSE:3659
8.5
0%
N/A
JP
K
Konami Group Corp
XMUN:KOA
11.1
15%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
PL
C
CD Projekt SA
WSE:CDR
Average EV/EBIT: 37.6
66.5
64%
1
JP
Nintendo Co Ltd
TSE:7974
39.2
N/A N/A
SG
Sea Ltd
NYSE:SE
118.6
78%
1.5
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
CN
NetEase Inc
NASDAQ:NTES
13
13%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -45.1 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
24.8
19%
1.3
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -77.9 N/A N/A
JP
Konami Holdings Corp
TSE:9766
23.9
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
9.2
N/A N/A
JP
K
Konami Group Corp
XMUN:KOA
14.1
N/A N/A