IGG Valuation

Is I91 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 I91 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€2.36
Fair Value
77.3% undervalued intrinsic discount
6
Number of Analysts

Below Fair Value: I91 (€0.54) is trading below our estimate of fair value (€2.36)

Significantly Below Fair Value: I91 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for I91?

Key metric: As I91 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for I91. This is calculated by dividing I91's market cap by their current earnings.
What is I91's PE Ratio?
PE Ratio6.5x
EarningsHK$763.80m
Market CapHK$4.96b

Price to Earnings Ratio vs Peers

How does I91's PE Ratio compare to its peers?

The above table shows the PE ratio for I91 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25.6x
M8G Verve Group
33.1x42.9%€642.0m
NWO New Work
41.4xn/a€415.9m
EDL Edel SE KGaA
7.9x-0.4%€97.4m
3632 GREE Holdings
19.9x5.5%JP¥96.9b
I91 IGG
6.5x-7.6%€5.0b

Price-To-Earnings vs Peers: I91 is good value based on its Price-To-Earnings Ratio (6.5x) compared to the peer average (25.6x).


Price to Earnings Ratio vs Industry

How does I91's PE Ratio compare vs other companies in the European Entertainment Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
I91 6.5xIndustry Avg. 13.7xNo. of Companies10PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: I91 is good value based on its Price-To-Earnings Ratio (6.5x) compared to the European Entertainment industry average (13.7x).


Price to Earnings Ratio vs Fair Ratio

What is I91'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.

I91 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.5x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: I91 is good value based on its Price-To-Earnings Ratio (6.5x) 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?

The above table shows the analyst I91 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.54
€0.58
+8.7%
12.8%€0.68€0.50n/a6
Feb ’26€0.49
€0.54
+9.2%
7.6%€0.61€0.50n/a5
Jan ’26€0.49
€0.54
+9.3%
8.4%€0.61€0.49n/a5
Dec ’25€0.42
€0.50
+19.0%
7.7%€0.58€0.46n/a6
Nov ’25€0.47
€0.50
+7.3%
7.7%€0.58€0.46n/a6
Oct ’25€0.48
€0.50
+4.2%
7.7%€0.58€0.46n/a6
Sep ’25€0.38
€0.51
+34.6%
7.4%€0.58€0.48n/a5
Aug ’25€0.32
€0.50
+58.1%
7.7%€0.57€0.46n/a5
Jul ’25€0.35
€0.50
+44.5%
7.7%€0.57€0.46n/a5
Jun ’25€0.36
€0.50
+40.5%
7.7%€0.57€0.46n/a5
May ’25€0.39
€0.50
+30.3%
7.7%€0.57€0.46n/a5
Apr ’25€0.38
€0.53
+39.3%
15.0%€0.68€0.46n/a5
Mar ’25€0.43
€0.55
+29.4%
16.2%€0.67€0.43n/a5
Feb ’25€0.36
€0.58
+62.1%
14.7%€0.66€0.42€0.495
Jan ’25€0.38
€0.57
+51.2%
13.4%€0.66€0.42€0.496
Dec ’24€0.41
€0.55
+34.6%
19.7%€0.67€0.35€0.427
Nov ’24€0.37
€0.66
+80.6%
42.0%€1.35€0.36€0.478
Oct ’24€0.42
€0.66
+59.0%
42.0%€1.35€0.36€0.488
Sep ’24€0.43
€0.65
+53.6%
43.9%€1.31€0.35€0.387
Aug ’24€0.47
€0.76
+64.0%
36.8%€1.31€0.35€0.327
Jul ’24€0.47
€0.76
+62.6%
36.8%€1.31€0.35€0.357
Jun ’24€0.52
€0.80
+53.1%
35.7%€1.30€0.35€0.366
May ’24€0.73
€0.80
+8.3%
35.7%€1.30€0.35€0.396
Apr ’24€0.35
€0.40
+15.5%
8.9%€0.45€0.35€0.385
Mar ’24€0.35
€0.41
+17.4%
8.9%€0.46€0.36€0.435
Feb ’24€0.35
€0.40
+14.9%
8.8%€0.45€0.35€0.365
Analyst Price Target
Consensus Narrative from 6 Analysts
€0.57
Fair Value
6.8% undervalued intrinsic discount
6
Number of Analysts

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


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 23:13
End of Day Share Price 2025/02/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

IGG Inc is covered by 20 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yibiao ChenABCI Securities Company Limited
Ronnie HoCCB International Securities Limited
Ka Kit PoChina Galaxy International Securities (Hong Kong)