WSE:FOR

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Forever Entertainment

Executive Summary

Forever Entertainment S.A. produces and publishes video games in Poland and internationally.


Snowflake Analysis

Excellent balance sheet with solid track record.

Share Price & News

How has Forever Entertainment's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-8.7%

FOR

1.8%

PL Entertainment

-2.7%

PL Market


1 Year Return

211.5%

FOR

91.8%

PL Entertainment

-13.1%

PL Market

Return vs Industry: FOR exceeded the Polish Entertainment industry which returned 91.8% over the past year.

Return vs Market: FOR exceeded the Polish Market which returned -13% over the past year.


Shareholder returns

FORIndustryMarket
7 Day-8.7%1.8%-2.7%
30 Day-1.0%-1.5%-0.06%
90 Day39.2%17.1%14.5%
1 Year211.5%211.5%92.1%91.8%-11.9%-13.1%
3 Year832.4%832.4%326.2%322.1%-20.8%-25.6%
5 Year2106.7%2106.7%1021.7%986.8%-9.5%-19.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Forever Entertainment undervalued compared to its fair value and its price relative to the market?

39.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FOR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FOR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FOR is good value based on its PE Ratio (39.5x) compared to the PL Entertainment industry average (44.1x).

PE vs Market: FOR is poor value based on its PE Ratio (39.5x) compared to the Polish market (13.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FOR is overvalued based on its PB Ratio (17.8x) compared to the PL Entertainment industry average (11.1x).


Next Steps

Future Growth

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

24.2%

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 Forever Entertainment 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 Forever Entertainment performed over the past 5 years?

73.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FOR has a high level of non-cash earnings.

Growing Profit Margin: FOR's current net profit margins (58.6%) are higher than last year (49.8%).


Past Earnings Growth Analysis

Earnings Trend: FOR has become profitable over the past 5 years, growing earnings by 73.2% per year.

Accelerating Growth: FOR's earnings growth over the past year (134.2%) exceeds its 5-year average (73.2% per year).

Earnings vs Industry: FOR earnings growth over the past year (134.2%) exceeded the Entertainment industry 44.5%.


Return on Equity

High ROE: FOR's Return on Equity (45%) is considered outstanding.


Next Steps

Financial Health

How is Forever Entertainment's financial position?


Financial Position Analysis

Short Term Liabilities: FOR's short term assets (PLN9.6M) exceed its short term liabilities (PLN2.0M).

Long Term Liabilities: FOR's short term assets (PLN9.6M) exceed its long term liabilities (PLN1.5M).


Debt to Equity History and Analysis

Debt Level: FOR's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: FOR's debt to equity ratio has reduced from 2.1% to 0.7% over the past 5 years.

Debt Coverage: FOR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: FOR's interest payments on its debt are well covered by EBIT (228.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Forever Entertainment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if FOR'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 FOR'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?

4.3yrs

Average board tenure


CEO

Zbigniew Debicki

no data

Tenure

Mr. Zbigniew Debicki co-founded Forever Entertainment S.A. and serves as its President of Management Board. Mr. Debicki served as President of Forever Entertainment S.A since January 15, 2016. He served as ...


Board Members

NamePositionTenureCompensationOwnership
Kamila Debicka
Member of Supervisory Boardno datano datano data
Andrzej Kodron
Member of Supervisory Board4.25yrsno datano data
Zbigniew Shakhniewicz
Chairman of Supervisory Boardno datano datano data
Miroslaw Grala
Member of Supervisory Board6.33yrsno datano data
Malgorzata Grala
Member of the Supervisory Board2.17yrsno datano data

4.3yrs

Average Tenure

Experienced Board: FOR's board of directors are considered experienced (4.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Forever Entertainment S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Forever Entertainment S.A.
  • Ticker: FOR
  • Exchange: WSE
  • Founded: 2010
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: zł360.128m
  • Shares outstanding: 27.20m
  • Website: https://www.forever-entertainment.com

Location

  • Forever Entertainment S.A.
  • al. Zwyciestwa 96/98
  • Gdynia
  • 81-451
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FORWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNJan 2011
8FEBST (Boerse-Stuttgart)YesCommon Bearer SharesDEEURJan 2011

Biography

Forever Entertainment S.A. produces and publishes video games in Poland and internationally. The company publishes its games in Nintendo Switch, PC, Xbox One, Playstation 4, PS Vita, Nintendo 3DS, iOS, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/02 20:41
End of Day Share Price2020/07/31 00:00
Earnings2020/03/31
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.