11 bit studios Valuation
Is 11C undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 11C when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 11C (€56.9) is trading above our estimate of fair value (€46.59)
Significantly Below Fair Value: 11C is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 11C?
Key metric: As 11C is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 11C's PE Ratio? | |
|---|---|
| PE Ratio | 12.7x |
| Earnings | zł46.72m |
| Market Cap | zł594.63m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4.5x |
| Enterprise Value/EBITDA | 8.6x |
| PEG Ratio | 1.1x |
Price to Earnings Ratio vs Peers
How does 11C's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 16.8x | ||
EDL Edel SE KGaA | 7.9x | 9.7% | €97.9m |
BST Bastei Lübbe | 12.2x | 0.1% | €130.0m |
NWO New Work | 30.7x | 32.3% | €367.6m |
SYZ SYZYGY | 16.2x | 20.8% | €38.3m |
11C 11 bit studios | 12.7x | 11.2% | €594.6m |
Price-To-Earnings vs Peers: 11C is good value based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (16.8x).
Price to Earnings Ratio vs Industry
How does 11C's PE Ratio compare vs other companies in the European Entertainment Industry?
| 3 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 3 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: 11C is good value based on its Price-To-Earnings Ratio (12.7x) compared to the European Entertainment industry average (13.7x).
Price to Earnings Ratio vs Fair Ratio
What is 11C'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 12.7x |
| Fair PE Ratio | 14x |
Price-To-Earnings vs Fair Ratio: 11C is good value based on its Price-To-Earnings Ratio (12.7x) compared to the estimated Fair Price-To-Earnings Ratio (14x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | €56.90 | €85.74 +50.7% | 15.2% | €100.53 | €63.70 | n/a | 7 |
| Nov ’25 | €59.00 | €97.79 +65.7% | 39.3% | €187.47 | €63.26 | n/a | 7 |
| Oct ’25 | €72.60 | €105.47 +45.3% | 35.6% | €190.18 | €64.17 | n/a | 7 |
| Sep ’25 | €145.60 | €169.08 +16.1% | 12.3% | €195.48 | €125.66 | n/a | 7 |
| Aug ’25 | €146.60 | €168.56 +15.0% | 12.3% | €194.88 | €125.28 | n/a | 7 |
| Jul ’25 | €148.00 | €168.34 +13.7% | 12.8% | €193.67 | €124.50 | n/a | 7 |
| Jun ’25 | €146.40 | €162.50 +11.0% | 12.5% | €195.04 | €125.38 | n/a | 7 |
| May ’25 | €127.80 | €162.22 +26.9% | 12.5% | €194.62 | €125.11 | n/a | 7 |
| Apr ’25 | €117.40 | €160.08 +36.4% | 12.2% | €186.00 | €125.55 | n/a | 6 |
| Mar ’25 | €131.00 | €163.84 +25.1% | 7.5% | €184.35 | €144.71 | n/a | 6 |
| Feb ’25 | €134.40 | €166.38 +23.8% | 7.8% | €184.44 | €144.79 | n/a | 6 |
| Jan ’25 | €128.40 | €166.38 +29.6% | 7.8% | €184.44 | €144.79 | n/a | 6 |
| Dec ’24 | €130.20 | €169.39 +30.1% | 10.0% | €199.71 | €145.32 | n/a | 6 |
| Nov ’24 | €135.80 | €163.03 +20.1% | 11.4% | €187.47 | €136.42 | €59.00 | 6 |
| Oct ’24 | €152.00 | €163.02 +7.3% | 11.4% | €194.05 | €141.21 | €72.60 | 6 |
| Sep ’24 | €155.00 | €163.02 +5.2% | 11.4% | €194.05 | €141.21 | €145.60 | 6 |
| Aug ’24 | €157.20 | €156.31 -0.6% | 8.6% | €179.30 | €140.75 | €146.60 | 5 |
| Jul ’24 | €159.80 | €150.96 -5.5% | 4.6% | €162.45 | €140.91 | €148.00 | 5 |
| Jun ’24 | €137.20 | €148.51 +8.2% | 4.6% | €159.81 | €138.62 | €146.40 | 5 |
| May ’24 | €136.80 | €146.70 +7.2% | 4.6% | €157.86 | €136.93 | €127.80 | 5 |
| Apr ’24 | €140.80 | €140.39 -0.3% | 6.4% | €154.85 | €128.40 | €117.40 | 5 |
| Mar ’24 | €136.80 | €135.37 -1.0% | 8.4% | €154.23 | €121.09 | €131.00 | 5 |
| Feb ’24 | €123.40 | €135.37 +9.7% | 8.4% | €154.23 | €121.09 | €134.40 | 5 |
| Jan ’24 | €123.40 | €127.29 +3.1% | 11.8% | €154.84 | €109.84 | €128.40 | 5 |
| Dec ’23 | €113.80 | €125.62 +10.4% | 9.3% | €145.54 | €110.06 | €130.20 | 5 |
| Nov ’23 | €113.80 | €121.69 +6.9% | 9.6% | €143.52 | €108.54 | €135.80 | 5 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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