How does 2EC's PS Ratio compare to its peers?

2EC is expensive based on its Price-To-Sales Ratio (1.7x) compared to the peer average (1.2x).

How does 2EC's PS Ratio compare vs other companies in the European Entertainment Industry?

2EC is expensive based on its Price-To-Sales Ratio (1.7x) compared to the European Entertainment industry average (1.4x).

What is 2EC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2EC is expensive based on its Price-To-Sales Ratio (1.7x) compared to the estimated Fair Price-To-Sales Ratio (1x).

What is the Fair Price of 2EC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2EC (€2.22) is trading below our estimate of [[fair value]] (€7.57)

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

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Team17 Group (DB:2EC) - Stock Price, News & Analysis

2EC Stock Overview

Develops and publishes independent video games for digital and physical market in the United Kingdom and internationally. More details

2EC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 70.7% below our estimate of its fair value

Earnings are forecast to grow 46.83% per year

Risk Analysis

Significant insider selling over the past 3 months

Team17 Group plc Competitors

Borussia Dortmund GmbH Kommanditgesellschaft auf Aktien

XTRA:BVB

€345.5m

Beyond Frames Entertainment

DB:8WP

€16.8m

New Work

HMSE:NWO

€366.5m

Verve Group

XTRA:M8G

€714.6m

Price History & Performance

Summary of all time highs, changes and price drops for Team17 Group
Historical stock prices
Current Share Price	UK£2.22
52 Week High	UK£3.72
52 Week Low	UK£1.72
Beta	0.39
11 Month Change	-12.60%
3 Month Change	-25.00%
1 Year Change	-40.32%
33 Year Change	-70.40%
5 Year Change	n/a
Change since IPO	-61.59%

Recent updates

Shareholder Returns

	2EC	DE Entertainment	DE Market
7D	-5.9%	0.2%	-0.4%
1Y	-40.3%	43.1%	7.1%

Return vs Industry: 2EC underperformed the German Entertainment industry which returned 44.2% over the past year.

Return vs Market: 2EC underperformed the German Market which returned 7.8% over the past year.

Price Volatility

Is 2EC's price volatile compared to industry and market?
2EC volatility
2EC Average Weekly Movement	6.7%
Entertainment Industry Average Movement	8.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.0%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 2EC has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 2EC's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1990	352	Steve Bell	www.team17groupplc.com

Team17 Group plc, together with its subsidiaries, develops and publishes independent video games for digital and physical market in the United Kingdom and internationally. The company operates through Games Label, Simulation, and Edutainment segments. It also develops and publishes owned and third-party IP video games; educational entertainment apps for children.

Team17 Group plc Fundamentals Summary

How do Team17 Group's earnings and revenue compare to its market cap?
2EC fundamental statistics
Market cap	€349.02m
Earnings (TTM)	-€352.77k
Revenue (TTM)	€200.89m

1.7x

P/S Ratio

-989.4x

P/E Ratio

Is 2EC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2EC income statement (TTM)
Revenue	UK£167.42m
Cost of Revenue	UK£95.08m
Gross Profit	UK£72.34m
Other Expenses	UK£72.63m
Earnings	-UK£294.00k

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.002
Gross Margin	43.21%
Net Profit Margin	-0.18%
Debt/Equity Ratio	0%

How did 2EC perform over the long term?

See historical performance and comparison

2EC Stock Overview

Rewards

Risk Analysis

Team17 Group plc Competitors

XTRA:BVB

€345.5m

DB:8WP

€16.8m

HMSE:NWO

€366.5m

XTRA:M8G

€714.6m

Price History & Performance

Recent News & Updates

Non Executive Director recently sold €7.7m worth of stock

Team17 Group plc Announces CFO Changes

First half 2024 earnings released: EPS: UK£0.063 (vs UK£0.039 in 1H 2023)

Team17 Group plc to Report Q2, 2024 Results on Sep 17, 2024

Team17 Group plc, Annual General Meeting, Jun 19, 2024

Full year 2023 earnings released: UK£0.026 loss per share (vs UK£0.17 profit in FY 2022)

Recent updates

Non Executive Director recently sold €7.7m worth of stock

Team17 Group plc Announces CFO Changes

First half 2024 earnings released: EPS: UK£0.063 (vs UK£0.039 in 1H 2023)

Team17 Group plc to Report Q2, 2024 Results on Sep 17, 2024

Team17 Group plc, Annual General Meeting, Jun 19, 2024

Full year 2023 earnings released: UK£0.026 loss per share (vs UK£0.17 profit in FY 2022)

Team17 Group plc to Report Fiscal Year 2023 Results on Apr 16, 2024

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 15%

Team17 Group plc to Report Fiscal Year 2023 Results on Apr 09, 2024

Less than half of directors are independent

Investor sentiment improves as stock rises 16%

Insider recently bought €237k worth of stock

Investor sentiment deteriorates as stock falls 45%

Team17 Group plc Provides Revenue Guidance for the Financial Year Ending 31 December 2023

Investor sentiment improves as stock rises 17%

New minor risk - Share price stability

Investor sentiment improves as stock rises 15%

Independent Non-Executive Director recently bought €75k worth of stock

First half 2023 earnings released: EPS: UK£0.039 (vs UK£0.065 in 1H 2022)

Team17 Group plc Announces Board Changes, Effective 6 September 2023

Team17 Group plc to Report First Half, 2023 Results on Sep 19, 2023

Team17 Group plc Announces Board and Committee Changes

Debbie Bestwick MBE to Join the Board of Team17 Group plc as a Non-Executive Director on 1 January 2024

Full year 2022 earnings released: EPS: UK£0.17 (vs UK£0.18 in FY 2021)

Team17 Group plc, Annual General Meeting, Jun 22, 2023

Insufficient new directors

Full year 2022 earnings released: EPS: UK£0.17 (vs UK£0.18 in FY 2021)

Investor sentiment improves as stock rises 21%

Team17 Group plc Provides Earnings Guidance for the Fiscal Year 2022

Now 21% undervalued

Investor sentiment improved over the past week

First half 2022 earnings released: EPS: UK£0.065 (vs UK£0.086 in 1H 2021)

Team17 Group plc to Report First Half, 2022 Results on Sep 13, 2022

Team17 Group plc, Annual General Meeting, Jun 29, 2022

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Now 24% undervalued after recent price drop

Full year 2021 earnings released: EPS: UK£0.18 (vs UK£0.17 in FY 2020)

Investor sentiment improved over the past week

Team17 Group plc to Report Fiscal Year 2021 Results on Mar 30, 2022

Now 21% undervalued after recent price drop

Team17 Group plc (AIM:TM17) entered into a definitive agreement to acquire Astragon Entertainment Gmbh from André Franzmann, Dirk Walner and FFF - Beteiligungs GmbH for approximately €100 million.

Team17 Group plc (AIM:TM17) acquired The Label Limited for approximately $40 million.

First half 2021 earnings released: EPS UK£0.086 (vs UK£0.085 in 1H 2020)

Board Member recently bought €93k worth of stock

Investor sentiment improved over the past week

Team17 Group plc (AIM:TM17) entered into an agreement to acquire Touch Press Inc. for $49 million.

Full year 2020 earnings released: EPS UK£0.17 (vs UK£0.13 in FY 2019)

Team17 Group PLC to Report Fiscal Year 2020 Results on Mar 16, 2021

Team17 Group PLC (AIM:TM17) acquired Assets Of Golf with Your Friends from Golf with Your Friends for £12 million.

New 90-day high: €9.10

First Game Launches on Next-Generation Consoles

New 90-day high: €8.34

First half earnings released

Shareholder Returns

Price Volatility

About the Company

Team17 Group plc Fundamentals Summary