Earnings Not Telling The Story For 3R Games S.A. (WSE:3RG) After Shares Rise 26%
May 29
Polish (WIG) Entertainment Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies82
- 7D-5.8%
- 3M7.9%
- 1Y-6.6%
- YTD5.2%
Over the last 7 days, the Entertainment industry has dropped 5.8%, driven by a pullback from CD Projekt of 10%. Meanwhile, 11 bit studios actually outperformed within the industry, gaining 8.1% in the last week. However, the industry is down 6.6% over the past year. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Polish Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | zł23.1b | zł4.9b | zł957.5m | 21.2x | 24.2x | 4.7x |
| Sat, 27 Apr 2024 | zł21.6b | zł4.7b | zł1.0b | 21.7x | 21.2x | 4.6x |
| Mon, 25 Mar 2024 | zł21.6b | zł4.5b | zł992.9m | 20.2x | 21.8x | 4.8x |
| Wed, 21 Feb 2024 | zł22.3b | zł4.5b | zł917.6m | 19.6x | 24.3x | 5x |
| Fri, 19 Jan 2024 | zł21.0b | zł4.7b | zł908.3m | 21.2x | 23.1x | 4.4x |
| Sun, 17 Dec 2023 | zł23.1b | zł4.7b | zł906.2m | 21.6x | 25.5x | 4.9x |
| Tue, 14 Nov 2023 | zł23.0b | zł4.7b | zł862.6m | 23.6x | 26.7x | 4.9x |
| Thu, 12 Oct 2023 | zł24.2b | zł4.7b | zł881.4m | 25x | 27.5x | 5.1x |
| Sat, 09 Sep 2023 | zł29.1b | zł4.8b | zł861.0m | 25.5x | 33.8x | 6x |
| Mon, 07 Aug 2023 | zł30.6b | zł4.8b | zł902.9m | 21x | 33.9x | 6.4x |
| Wed, 05 Jul 2023 | zł28.9b | zł4.8b | zł921.4m | 21.6x | 31.4x | 6x |
| Fri, 02 Jun 2023 | zł25.6b | zł4.9b | zł872.7m | 22.3x | 29.3x | 5.2x |
| Sun, 30 Apr 2023 | zł24.6b | zł4.9b | zł931.3m | 18.2x | 26.4x | 5x |
| Tue, 28 Mar 2023 | zł24.8b | zł5.0b | zł1.0b | 17x | 24.7x | 5x |
| Thu, 23 Feb 2023 | zł26.1b | zł5.0b | zł1.0b | 17.5x | 26x | 5.2x |
| Sat, 21 Jan 2023 | zł25.9b | zł5.0b | zł998.1m | 15.9x | 25.9x | 5.2x |
| Mon, 19 Dec 2022 | zł25.0b | zł5.0b | zł1.0b | 12.7x | 25x | 5x |
| Wed, 16 Nov 2022 | zł26.3b | zł5.0b | zł924.3m | 13.4x | 28.4x | 5.3x |
| Fri, 14 Oct 2022 | zł21.9b | zł5.1b | zł928.1m | 12.4x | 23.6x | 4.3x |
| Sun, 11 Sep 2022 | zł20.1b | zł5.0b | zł874.1m | 14.4x | 23x | 4.1x |
| Tue, 09 Aug 2022 | zł21.0b | zł5.1b | zł923.6m | 14.4x | 22.7x | 4.1x |
| Thu, 07 Jul 2022 | zł20.7b | zł5.1b | zł923.2m | 13.5x | 22.4x | 4x |
| Sat, 04 Jun 2022 | zł21.9b | zł5.0b | zł263.8m | 15.1x | 83x | 4.4x |
| Mon, 02 May 2022 | zł24.1b | zł4.9b | zł221.8m | 13.7x | 108.7x | 4.9x |
| Wed, 30 Mar 2022 | zł31.2b | zł6.2b | zł1.2b | 16.2x | 26.8x | 5.1x |
| Fri, 25 Feb 2022 | zł28.0b | zł6.2b | zł1.2b | 14.3x | 24.3x | 4.5x |
| Sun, 23 Jan 2022 | zł33.9b | zł6.0b | zł1.2b | 19.5x | 29.1x | 5.6x |
| Tue, 21 Dec 2021 | zł34.3b | zł6.0b | zł1.1b | 18.2x | 30.2x | 5.7x |
| Thu, 18 Nov 2021 | zł33.7b | zł5.8b | zł1.0b | 28x | 33.2x | 5.8x |
| Sat, 16 Oct 2021 | zł35.6b | zł5.7b | zł1.1b | 25.9x | 33.6x | 6.2x |
| Mon, 13 Sep 2021 | zł37.0b | zł5.6b | zł1.2b | 23.8x | 31.3x | 6.6x |
| Wed, 11 Aug 2021 | zł35.2b | zł5.6b | zł1.2b | 24.4x | 29.7x | 6.3x |
| Sun, 06 Jun 2021 | zł35.0b | zł5.5b | zł1.2b | 35.4x | 30.3x | 6.4x |
Price to Earnings Ratio
30.3x
Current Industry PE
- Investors are pessimistic on the Polish Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.2x which is lower than its 3-year average PE of 31.3x.
- The industry is trading close to its 3-year average PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have declined 6.0% per year over the last three years,
- Revenues have also declined 3.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Polish Telecom industry?
| PL Market | -2.80% | |
| Telecom | -4.85% | |
| Entertainment | -5.78% | |
| Movies and Entertainment | -1.18% | |
| Interactive Home Entertainment | -5.92% | |
Industry PE
- Investors are most optimistic about the Interactive Home Entertainment industry even though it's trading below its 3-year average PE ratio of 33.1x.
- Analysts are expecting annual earnings growth of 25.9%, which is higher than its past year's earnings decline of 23.7% per year.
- Investors are most pessimistic about the Movies and Entertainment industry, which is trading below its 3-year average of 14.8x.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Interactive Home Entertainment industry is expected to see its earnings grow by 26% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 11B 11 bit studios | zł637.00 | 9.8% +zł137.8m | 1.1% | PS29.1x | |
| PCF PCF Group Spólka Akcyjna | zł19.06 | 12.5% +zł76.2m | -52.1% | PS4x | |
| BLO Bloober Team | zł25.95 | 3.8% +zł18.3m | 16.1% | PE51.2x | |
| FOR Forever Entertainment | zł3.14 | 3.6% +zł3.0m | -31.1% | PE15.1x | |
| GMB Games Box | zł8.30 | 38.3% +zł2.8m | -35.9% | n/a |