Executive Summary
CreativeForge Games S.A. operates game development studio in Warsaw, Poland.
Rewards
Risk Analysis
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
| CFG | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | -2.6% | 1.6% |
| 30 Day | -13.1% | 6.1% | 3.1% |
| 90 Day | 113.7% | 15.1% | 20.8% |
| 1 Year | 202.3%202.3% | 92.6%92.3% | -3.0%-3.8% |
| 3 Year | n/a | 333.3%328.9% | -16.8%-21.8% |
| 5 Year | n/a | 1,033.6%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
3 months ago | Simply Wall St
What Kind Of Investor Owns Most Of CreativeForge Games S.A. (WSE:CFG)?5 months ago | Simply Wall St
Imagine Owning CreativeForge Games (WSE:CFG) And Wondering If The 43% Share Price Slide Is Justified6 months ago | Simply Wall St
Can We See Significant Insider Ownership On The CreativeForge Games S.A. (WSE:CFG) Share Register?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
- Examine CreativeForge Games's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- CreativeForge Games competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CFG | WSE (Warsaw Stock Exchange) | Yes | Ordinary Shares | PL | PLN | May 2018 |
| 19F | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | May 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/15 05:08 |
| End of Day Share Price | 2020/08/14 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.