CD Projekt S.A., through its subsidiaries, engages in the development and digital distribution of videogames worldwide.
Flawless balance sheet with high growth potential.
Share Price & News
How has CD Projekt's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CDR's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CDR matched the Polish Entertainment industry which returned 48.7% over the past year.
Return vs Market: CDR exceeded the Polish Market which returned -31.1% over the past year.
Price Volatility Vs. Market
How volatile is CD Projekt's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould We Be Cautious About CD Projekt S.A.'s (WSE:CDR) ROE Of 11%?
1 month ago | Simply Wall StHow Do CD Projekt S.A.’s (WSE:CDR) Returns Compare To Its Industry?
1 month ago | Simply Wall StIf You Had Bought CD Projekt (WSE:CDR) Stock Five Years Ago, You Could Pocket A 1885% Gain Today
Is CD Projekt undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CDR (PLN308.9) is trading below our estimate of fair value (PLN553.75)
Significantly Below Fair Value: CDR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CDR is poor value based on its PE Ratio (275.3x) compared to the Entertainment industry average (34.4x).
PE vs Market: CDR is poor value based on its PE Ratio (275.3x) compared to the Polish market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: CDR is poor value based on its PEG Ratio (10x)
Price to Book Ratio
PB vs Industry: CDR is overvalued based on its PB Ratio (29.9x) compared to the PL Entertainment industry average (5.3x).
How is CD Projekt forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CDR's forecast earnings growth (27.6% per year) is above the savings rate (2%).
Earnings vs Market: CDR's earnings (27.6% per year) are forecast to grow faster than the Polish market (12.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CDR's revenue (19.7% per year) is forecast to grow faster than the Polish market (4.5% per year).
High Growth Revenue: CDR's revenue (19.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CDR's Return on Equity is forecast to be high in 3 years time (36%)
How has CD Projekt performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CDR has high quality earnings.
Growing Profit Margin: CDR's current net profit margins (24.8%) are lower than last year (31.7%).
Past Earnings Growth Analysis
Earnings Trend: CDR's earnings have declined by -3.5% per year over the past 5 years.
Accelerating Growth: CDR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CDR had negative earnings growth (-5.2%) over the past year, making it difficult to compare to the Entertainment industry average (65.4%).
Return on Equity
High ROE: CDR's Return on Equity (10.8%) is considered low.
How is CD Projekt's financial position?
Financial Position Analysis
Short Term Liabilities: CDR's short term assets (PLN705.4M) exceed its short term liabilities (PLN207.2M).
Long Term Liabilities: CDR's short term assets (PLN705.4M) exceed its long term liabilities (PLN6.2M).
Debt to Equity History and Analysis
Debt Level: CDR is debt free.
Reducing Debt: CDR has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: CDR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CDR has no debt, therefore coverage of interest payments is not a concern.
What is CD Projekt's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CDR's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (3.11%).
High Dividend: CDR's dividend (0.34%) is low compared to the top 25% of dividend payers in the Polish market (8.66%).
Stability and Growth of Payments
Stable Dividend: CDR is not paying a notable dividend for the Polish market, therefore no need to check if payments are stable.
Growing Dividend: CDR is not paying a notable dividend for the Polish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CDR is not paying a notable dividend for the Polish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CDR's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Marcin Piotr Iwinski has been Vice President of the Management Board for International Affairs at CD Projekt S.A. (formerly known as CD Projekt Red Spólka Akcyjna) since January 20, 2010 and serves as ...
CEO Compensation Analysis
Compensation vs Market: Marcin's total compensation ($USD631.40K) is about average for companies of similar size in the Polish market ($USD595.48K).
Compensation vs Earnings: Marcin's compensation has been consistent with company performance over the past year.
|Secretary of the Supervisory Board & Member of Supervisory Board||2.5yrs||no data||0.000050% PLN15.8k|
|Independent Member of Supervisory Board||4.92yrs||no data||no data|
|Chairwoman of the Supervisory Board||no data||no data||0.000010% PLN3.2k|
|Deputy Chairman of The Supervisory Board||no data||no data||no data|
|Independent Member of Supervisory Board||3.92yrs||no data||no data|
Experienced Board: CDR's board of directors are considered experienced (3.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CD Projekt S.A.'s company bio, employee growth, exchange listings and data sources
- Name: CD Projekt S.A.
- Ticker: CDR
- Exchange: WSE
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: zł31.623b
- Shares outstanding: 96.12m
- Website: https://www.cdprojekt.com
Number of Employees
- CD Projekt S.A.
- Building E
- ul. Jagiellonska 74
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CDR||WSE (Warsaw Stock Exchange)||Yes||Bearer Shares||PL||PLN||Jun 2010|
|7CD||DB (Deutsche Boerse AG)||Yes||Bearer Shares||DE||EUR||Jun 2010|
|OTGL.F||OTCPK (Pink Sheets LLC)||Yes||Bearer Shares||US||USD||Jun 2010|
|CDRW||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Bearer Shares||GB||PLN||Jun 2010|
|OTGL.Y||OTCPK (Pink Sheets LLC)||UNSPONSRED ADS||US||USD||Oct 2019|
CD Projekt S.A., through its subsidiaries, engages in the development and digital distribution of videogames worldwide. It operates through two segments, CD PROJEKT RED and GOG.com. The company’s product portfolio comprises The Witche; The Witcher 2: Assassins of Kings; The Witcher 3: Wild Hunt, Hearts of Stone games, and Blood and Wine; Thronebreaker: The Witcher Tales; Gwent: The Witcher Card game; and Cyberpunk 2077, as well as online multiplayer games. It also distributes digital videogames through online channels directly to individual users; and its games for various hardware platforms using traditional distribution channels and digital distribution platforms. The company exports its products in Europe, North America, South America, Asia, Australia, and Africa. CD Projekt S.A. is headquartered in Warsaw, Poland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/10 04:13|
|End of Day Share Price||2020/04/09 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.