Executive Summary
CI Games S.A. produces, publishes, and distributes video games in Europe, North and South America, Asia, and Africa.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with questionable track record.
Share Price & News
How has CI Games's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CIG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-8.3%
CIG
4.5%
PL Entertainment
2.3%
PL Market
1 Year Return
54.7%
CIG
106.6%
PL Entertainment
-7.9%
PL Market
Return vs Industry: CIG underperformed the Polish Entertainment industry which returned 106.4% over the past year.
Return vs Market: CIG exceeded the Polish Market which returned -7.9% over the past year.
Shareholder returns
| CIG | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.3% | 4.5% | 2.3% |
| 30 Day | 4.9% | 5.3% | 1.5% |
| 90 Day | 103.9% | 22.8% | 18.0% |
| 1 Year | 54.7%54.7% | 106.9%106.6% | -6.7%-7.9% |
| 3 Year | 22.3%22.3% | 357.8%353.1% | -18.4%-23.3% |
| 5 Year | -30.8%-30.8% | 1,054.9%1,018.6% | -8.1%-18.7% |
Price Volatility Vs. Market
How volatile is CI Games's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Is CI Games (WSE:CIG) Using Capital Effectively?4 weeks ago | Simply Wall St
If You Had Bought CI Games (WSE:CIG) Stock Three Years Ago, You Could Pocket A 49% Gain Today1 month ago | Simply Wall St
Is CI Games S.A.'s (WSE:CIG) CEO Salary Justified?Valuation
Is CI Games undervalued compared to its fair value and its price relative to the market?
404.41x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CIG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CIG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CIG is poor value based on its PE Ratio (404.4x) compared to the PL Entertainment industry average (40.9x).
PE vs Market: CIG is poor value based on its PE Ratio (404.4x) compared to the Polish market (13.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CIG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CIG is good value based on its PB Ratio (3.9x) compared to the PL Entertainment industry average (11.1x).
Next Steps
Future Growth
How is CI Games forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-0.4%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CIG's forecast earnings growth is above the savings rate (2.9%).
Earnings vs Market: Insufficient data to determine if CIG's earnings are forecast to grow faster than the Polish market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CIG's revenue is expected to decline over the next 3 years (-0.4% per year).
High Growth Revenue: CIG's revenue is forecast to decline over the next 3 years (-0.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CIG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has CI Games performed over the past 5 years?
-28.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIG has a large one-off gain of PLN2.7M impacting its March 31 2020 financial results.
Growing Profit Margin: CIG became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CIG has become profitable over the past 5 years, growing earnings by -28.2% per year.
Accelerating Growth: CIG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CIG 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: CIG's Return on Equity (0.9%) is considered low.
Next Steps
Financial Health
How is CI Games's financial position?
Financial Position Analysis
Short Term Liabilities: CIG's short term assets (PLN31.7M) exceed its short term liabilities (PLN24.8M).
Long Term Liabilities: CIG's short term assets (PLN31.7M) exceed its long term liabilities (PLN5.6M).
Debt to Equity History and Analysis
Debt Level: CIG's debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: CIG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: CIG's debt is well covered by operating cash flow (83.3%).
Interest Coverage: CIG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is CI Games's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CIG'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 CIG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CIG'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 CIG'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?
3.5yrs
Average board tenure
CEO
Marek Tyminski
18.58yrs
Tenure
zł1,002,000
Compensation
Mr. Marek Lech Tyminski serves as the President of The Management Board at CI Games S.A. and serves as its Member of the Management Board. He has been Chief Executive Officer at CI Games S.A. since 2002. M ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Member of the Supervisory Board | 2yrs | zł6.00k | no data | |
| Member of Supervisory Board | 0.58yr | no data | no data | |
| Member of Supervisory Board | 11yrs | zł6.00k | no data | |
| Member of Supervisory Board | 4.92yrs | zł6.00k | no data | |
| Chairman of the Supervisory Board | no data | zł8.00k | no data |
3.5yrs
Average Tenure
Experienced Board: CIG's board of directors are considered experienced (3.5 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 7.2%.
Top Shareholders
Company Information
CI Games S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CI Games S.A.
- Ticker: CIG
- Exchange: WSE
- Founded: 2002
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: zł237.732m
- Shares outstanding: 161.94m
- Website: https://cigames.com
Number of Employees
Location
- CI Games S.A.
- ul. Twarda 18
- Warsaw
- 00-105
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CIG | WSE (Warsaw Stock Exchange) | Yes | Ordinary Bearer Shares | PL | PLN | Dec 2007 |
| 0LSE | LSE (London Stock Exchange) | Yes | Ordinary Bearer Shares | GB | PLN | Dec 2007 |
| CI7 | BST (Boerse-Stuttgart) | Yes | Ordinary Bearer Shares | DE | EUR | Dec 2007 |
| CI7 | DB (Deutsche Boerse AG) | Yes | Ordinary Bearer Shares | DE | EUR | Dec 2007 |
Biography
CI Games S.A. produces, publishes, and distributes video games in Europe, North and South America, Asia, and Africa. The company primarily publishes own and licensed first-person shooter games for various ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/09 21:41 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/03/31 |
| 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.