Activision Blizzard, Inc.

SWX:AIY Stock Report

Market Cap: CHF 67.0b

Activision Blizzard Valuation

Is AIY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AIY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AIY (CHF46.23) is trading above our estimate of fair value (CHF43.87)

Significantly Below Fair Value: AIY is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AIY?

Key metric: As AIY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AIY. This is calculated by dividing AIY's market cap by their current earnings.
What is AIY's PE Ratio?
PE Ratio34.3x
EarningsUS$2.17b
Market CapUS$74.29b

Price to Earnings Ratio vs Peers

How does AIY's PE Ratio compare to its peers?

The above table shows the PE ratio for AIY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.6x
7974 Nintendo
29x12.0%JP¥9.5t
9999 NetEase
14.9x8.9%HK$439.5b
EA Electronic Arts
41.8x13.0%US$43.7b
9766 Konami Group
28.9x6.7%JP¥2.0t
AIY Activision Blizzard
34.3x5.7%CHF 74.3b

Price-To-Earnings vs Peers: AIY is expensive based on its Price-To-Earnings Ratio (34.3x) compared to the peer average (23.3x).

Price to Earnings Ratio vs Industry

How does AIY's PE Ratio compare vs other companies in the European Entertainment Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AIY 34.3xIndustry Avg. 13.9xNo. of Companies12PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AIY is expensive based on its Price-To-Earnings Ratio (34.3x) compared to the European Entertainment industry average (22x).

Price to Earnings Ratio vs Fair Ratio

What is AIY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AIY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AIY's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AIY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Nov ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Oct ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Sep ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Aug ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Jul ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Jun ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
May ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Apr ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Mar ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Feb ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Jan ’25n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Dec ’24n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Nov ’24n/a
CHF 85.83
0%
0.4%CHF 86.57CHF 85.67n/a11
Oct ’24CHF 46.23
CHF 85.10
+84.1%
1.4%CHF 86.16CHF 80.78n/a16
Sep ’24CHF 46.23
CHF 83.50
+80.6%
1.3%CHF 84.53CHF 79.25n/a17
Aug ’24CHF 46.23
CHF 82.49
+78.4%
1.3%CHF 83.46CHF 78.24n/a18
Jul ’24CHF 46.23
CHF 81.88
+77.1%
5.3%CHF 89.97CHF 73.78n/a20
Apr ’24CHF 46.23
CHF 84.21
+82.2%
4.7%CHF 87.00CHF 74.18n/a21
Mar ’24CHF 46.23
CHF 84.68
+83.2%
5.5%CHF 88.13CHF 74.21n/a21
Feb ’24CHF 46.23
CHF 83.25
+80.1%
5.9%CHF 86.33CHF 70.88n/a23
Jan ’24CHF 46.23
CHF 85.49
+84.9%
6.1%CHF 92.88CHF 72.45n/a23
Dec ’23CHF 46.23
CHF 87.40
+89.1%
6.1%CHF 94.96CHF 74.07n/a23
Nov ’23CHF 46.23
CHF 92.02
+99.0%
5.6%CHF 99.43CHF 78.55n/a22

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

RTL Group

€4.7b

An entertainment company, operates television (TV) channels and radio stations, and provides streaming services in Germany, France, the Netherlands, Belgium, the United Kingdom, the United States, and internationally.

RTL

€50.60

7D

0%

1Y

0.1%

NetEase

US$66.0b

Engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.

1100118

US$88.94

7D

0%

1Y

28.6%

Tele Columbus

€100.8m

Operates fiber optic networks in Germany.

TC1

€1.99

7D

0%

1Y

0%