11B Stock Overview
11 bit studios S.A. develops and sells cross-platform video games worldwide.
No risks detected for 11B from our risk checks.
11 bit studios Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||zł510.00|
|52 Week High||zł595.00|
|52 Week Low||zł395.20|
|1 Month Change||5.81%|
|3 Month Change||2.00%|
|1 Year Change||10.39%|
|3 Year Change||32.47%|
|5 Year Change||163.50%|
|Change since IPO||6,267.04%|
Recent News & Updates
|11B||PL Entertainment||PL Market|
Return vs Industry: 11B exceeded the Polish Entertainment industry which returned -41.2% over the past year.
Return vs Market: 11B exceeded the Polish Market which returned -21.2% over the past year.
|11B Average Weekly Movement||5.0%|
|Entertainment Industry Average Movement||6.9%|
|Market Average Movement||6.3%|
|10% most volatile stocks in PL Market||12.1%|
|10% least volatile stocks in PL Market||4.2%|
Stable Share Price: 11B is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 11B's weekly volatility (5%) has been stable over the past year.
About the Company
11 bit studios S.A. develops and sells cross-platform video games worldwide. It sells its video games through specialized online platforms. 11 bit studios S.A. was incorporated in 2009 and is headquartered in Warsaw, Poland.
11 bit studios Fundamentals Summary
|11B fundamental statistics|
Is 11B overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|11B income statement (TTM)|
|Cost of Revenue||zł29.86m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 25, 2022
|Earnings per share (EPS)||12.14|
|Net Profit Margin||39.57%|
How did 11B perform over the long term?See historical performance and comparison
Is 11B undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 11B?
Other financial metrics that can be useful for relative valuation.
|What is 11B's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 11B's PE Ratio compare to its peers?
|11B PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
PCF PCF Group Spólka Akcyjna
TEN Ten Square Games
11B 11 bit studios
Price-To-Earnings vs Peers: 11B is expensive based on its Price-To-Earnings Ratio (42x) compared to the peer average (14.2x).
Price to Earnings Ratio vs Industry
How does 11B's PE Ratio compare vs other companies in the PL Entertainment Industry?
Price-To-Earnings vs Industry: 11B is expensive based on its Price-To-Earnings Ratio (42x) compared to the Polish Entertainment industry average (15.1x)
Price to Earnings Ratio vs Fair Ratio
What is 11B'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.
|Current PE Ratio||42x|
|Fair PE Ratio||26.3x|
Price-To-Earnings vs Fair Ratio: 11B is expensive based on its Price-To-Earnings Ratio (42x) compared to the estimated Fair Price-To-Earnings Ratio (26.3x).
Share Price vs Fair Value
What is the Fair Price of 11B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 11B (PLN510) is trading above our estimate of fair value (PLN482.35)
Significantly Below Fair Value: 11B is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is 11 bit studios forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score6/6
Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 11B's forecast earnings growth (52.1% per year) is above the savings rate (2.6%).
Earnings vs Market: 11B's earnings (52.1% per year) are forecast to grow faster than the Polish market (7.4% per year).
High Growth Earnings: 11B's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 11B's revenue (30.8% per year) is forecast to grow faster than the Polish market (5% per year).
High Growth Revenue: 11B's revenue (30.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 11B's Return on Equity is forecast to be high in 3 years time (35.4%)
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How has 11 bit studios performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 11B has high quality earnings.
Growing Profit Margin: 11B's current net profit margins (39.6%) are higher than last year (37%).
Past Earnings Growth Analysis
Earnings Trend: 11B's earnings have grown by 19.9% per year over the past 5 years.
Accelerating Growth: 11B's earnings growth over the past year (9.4%) is below its 5-year average (19.9% per year).
Earnings vs Industry: 11B earnings growth over the past year (9.4%) underperformed the Entertainment industry 26.7%.
Return on Equity
High ROE: 11B's Return on Equity (14.3%) is considered low.
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How is 11 bit studios's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 11B's short term assets (PLN123.6M) exceed its short term liabilities (PLN14.2M).
Long Term Liabilities: 11B's short term assets (PLN123.6M) exceed its long term liabilities (PLN10.4M).
Debt to Equity History and Analysis
Debt Level: 11B has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 11B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 11B's debt is well covered by operating cash flow (536%).
Interest Coverage: 11B earns more interest than it pays, so coverage of interest payments is not a concern.
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What is 11 bit studios's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 11B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 11B's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 11B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 11B's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 11B has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Przemyslaw Piotr Marszal serves as Member of the Management Board at 11 Bit Studios S.A., and Serves as President of the Management board since November 2020 and served as its an Art Director. Mr. Mars...
CEO Compensation Analysis
Compensation vs Market: Przemyslaw's total compensation ($USD159.89K) is below average for companies of similar size in the Polish market ($USD353.16K).
Compensation vs Earnings: Przemyslaw's compensation has been consistent with company performance over the past year.
Experienced Board: 11B's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
11 bit studios S.A.'s employee growth, exchange listings and data sources
- Name: 11 bit studios S.A.
- Ticker: 11B
- Exchange: WSE
- Founded: 2009
- Industry: Interactive Home Entertainment
- Sector: Media
- Implied Market Cap: zł1.214b
- Shares outstanding: 2.38m
- Website: https://www.11bitstudios.com
Number of Employees
- 11 bit studios S.A.
- Brzeska 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/08/12 00:00|
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 here.