WSE:CFG

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CreativeForge Games

Executive Summary

CreativeForge Games S.A. operates game development studio in Warsaw, Poland.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has CreativeForge Games's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CFG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.8%

CFG

-2.6%

PL Entertainment

1.6%

PL Market


1 Year Return

202.3%

CFG

92.3%

PL Entertainment

-3.8%

PL Market

Return vs Industry: CFG exceeded the Polish Entertainment industry which returned 92.3% over the past year.

Return vs Market: CFG exceeded the Polish Market which returned -3.8% over the past year.


Shareholder returns

CFGIndustryMarket
7 Day0.8%-2.6%1.6%
30 Day-13.1%6.1%3.1%
90 Day113.7%15.1%20.8%
1 Year202.3%202.3%92.6%92.3%-3.0%-3.8%
3 Yearn/a333.3%328.9%-16.8%-21.8%
5 Yearn/a1,033.6%997.8%-5.0%-15.9%

Price Volatility Vs. Market

How volatile is CreativeForge Games's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CreativeForge Games undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CFG (PLN39) is trading below our estimate of fair value (PLN128.36)

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


Price To Earnings Ratio

PE vs Industry: CFG is poor value based on its PE Ratio (254.6x) compared to the PL Entertainment industry average (41x).

PE vs Market: CFG is poor value based on its PE Ratio (254.6x) compared to the Polish market (13.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CFG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CFG is overvalued based on its PB Ratio (13.7x) compared to the PL Entertainment industry average (11x).


Next Steps

Future Growth

How is CreativeForge Games forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.6%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CreativeForge Games has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has CreativeForge Games performed over the past 5 years?

50.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CFG has high quality earnings.

Growing Profit Margin: CFG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CFG has become profitable over the past 5 years, growing earnings by 50.1% per year.

Accelerating Growth: CFG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CFG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (44.5%).


Return on Equity

High ROE: CFG's Return on Equity (5.3%) is considered low.


Next Steps

Financial Health

How is CreativeForge Games's financial position?


Financial Position Analysis

Short Term Liabilities: CFG's short term assets (PLN7.6M) exceed its short term liabilities (PLN48.5K).

Long Term Liabilities: CFG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CFG is debt free.

Reducing Debt: CFG had no debt 5 years ago.

Debt Coverage: CFG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CFG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is CreativeForge Games's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CFG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CFG'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 CFG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CFG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CFG's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Piotr Karbowski

1.5yrs

Tenure

Mr. Piotr Karbowski has been Chairman of the Management Board at CreativeForge Games S.A. since February 22, 2019.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CreativeForge Games S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CreativeForge Games S.A.
  • Ticker: CFG
  • Exchange: WSE
  • Founded: 2011
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: zł104.013m
  • Shares outstanding: 2.67m
  • Website: https://www.creativeforge.pl

Location

  • CreativeForge Games S.A.
  • ul. Aleja Komisji Edukacji Narodowej 95
  • Warsaw
  • 02-777
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CFGWSE (Warsaw Stock Exchange)YesOrdinary SharesPLPLNMay 2018
19FBST (Boerse-Stuttgart)YesOrdinary SharesDEEURMay 2018

Biography

CreativeForge Games S.A. operates game development studio in Warsaw, Poland. It offers games under the Phantom Doctrine, Hard West, and Ancient Space names. The company was founded in 2011 and is headquart ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/15 05:08
End of Day Share Price2020/08/14 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.