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FOR

Forever EntertainmentWSE:FOR Stock Report

Market Cap

zł188.5m

7D

6.6%

1Y

-26.7%

Updated

26 Oct, 2021

Data

Company Financials
FOR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

FOR Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Forever Entertainment
Historical stock prices
Current Share Pricezł6.93
52 Week Highzł5.78
52 Week Lowzł9.92
Beta1.29
1 Month Change-7.35%
3 Month Change10.17%
1 Year Change-26.67%
3 Year Change388.03%
5 Year Change890.00%
Change since IPO-65.54%

Recent News & Updates

Sep 01
Does Forever Entertainment (WSE:FOR) Deserve A Spot On Your Watchlist?

Does Forever Entertainment (WSE:FOR) Deserve A Spot On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Mar 27
Here's Why We Think Forever Entertainment (WSE:FOR) Is Well Worth Watching

Here's Why We Think Forever Entertainment (WSE:FOR) Is Well Worth Watching

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Feb 20
We're Not Counting On Forever Entertainment (WSE:FOR) To Sustain Its Statutory Profitability

We're Not Counting On Forever Entertainment (WSE:FOR) To Sustain Its Statutory Profitability

Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...

Shareholder Returns

FORPL EntertainmentPL Market
7D6.6%-4.8%-0.5%
1Y-26.7%-44.0%43.4%

Return vs Industry: FOR exceeded the Polish Entertainment industry which returned -42.6% over the past year.

Return vs Market: FOR underperformed the Polish Market which returned 43.2% over the past year.

Price Volatility

Is FOR's price volatile compared to industry and market?
FOR volatility
FOR Beta1.29
Industry Beta0.49
Market Beta1

Stable Share Price: FOR is more volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: FOR's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Polish stocks.

About the Company

FoundedEmployeesCEOWebsite
201017Zbigniew Debickihttps://www.forever-entertainment.com

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 Android. Forever Entertainment S.A. was founded in 2010 and is based in Gdynia, Poland.

Forever Entertainment Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
FOR income statement (TTM)
Revenuezł23.40m
Cost of Revenuezł495.93k
Gross Profitzł22.90m
Expenseszł7.26m
Earningszł15.65m

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

Nov 15, 2021

Earnings per share (EPS)0.58
Gross Margin97.88%
Net Profit Margin66.86%
Debt/Equity Ratio0%

How did FOR perform over the long term?

See historical performance and comparison

Valuation

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

12.05x

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 (12x) compared to the Polish Entertainment industry average (26.2x).

PE vs Market: FOR is good value based on its PE Ratio (12x) compared to the Polish market (13.3x).


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's PB Ratio (6x) is in line with the PL Entertainment industry average.


Future Growth

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

18.8%

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.


Past Performance

How has Forever Entertainment performed over the past 5 years?

141.2%

Last years 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 (66.9%) are higher than last year (56.1%).


Past Earnings Growth Analysis

Earnings Trend: FOR has become profitable over the past 5 years.

Accelerating Growth: Insufficient data to compare FOR's past year earnings growth to its 5-year average.

Earnings vs Industry: FOR earnings growth over the past year (141.2%) exceeded the Entertainment industry 45.7%.


Return on Equity

High ROE: FOR's Return on Equity (50%) is considered outstanding.


Financial Health

How is Forever Entertainment's financial position?


Financial Position Analysis

Short Term Liabilities: FOR's short term assets (PLN10.3M) exceed its short term liabilities (PLN2.0M).

Long Term Liabilities: FOR's short term assets (PLN10.3M) exceed its long term liabilities (PLN3.4M).


Debt to Equity History and Analysis

Debt Level: FOR is debt free.

Reducing Debt: FOR has no debt compared to 5 years ago when its debt to equity ratio was 1.5%.

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

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


Balance Sheet


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?

5.4yrs

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

Experienced Board: FOR's board of directors are considered experienced (5.4 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 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: zł188.496m
  • Shares outstanding: 27.20m
  • Website: https://www.forever-entertainment.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 21:22
End of Day Share Price2021/10/26 00:00
Earnings2020/09/30
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.