Huuuge Valuation

Q: What is the Fair Price of HUG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HUG (PLN18.5) is trading below our estimate of [[fair value]] (PLN48.63)

Is HUG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of HUG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HUG (PLN18.5) is trading below our estimate of fair value (PLN48.63)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HUG?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for HUG. This is calculated by dividing HUG's market cap by their current preferred multiple.
What is HUG's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$269.29m

HUG key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.6x
Enterprise Value/EBITDA	2x
PEG Ratio	-0.2x

Price to Earnings Ratio vs Peers

How does HUG's PE Ratio compare to its peers?

The above table shows the PE ratio for HUG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	33.4x
TEN Ten Square Games	62.6x	29.7%	zł601.2m
PLW PlayWay	16.3x	-5.0%	zł1.9b
CRJ Creepy Jar	24.6x	17.0%	zł303.2m
BLO Bloober Team	30.1x	n/a	zł450.3m
HUG Huuuge	3.9x	-21.6%	zł1.0b

Price-To-Earnings vs Peers: HUG is good value based on its Price-To-Earnings Ratio (3.9x) compared to the peer average (33.4x).

Price to Earnings Ratio vs Industry

How does HUG's PE Ratio compare vs other companies in the PL Entertainment Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	17.1%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	17.1%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: HUG is good value based on its Price-To-Earnings Ratio (3.9x) compared to the Polish Entertainment industry average (16.1x).

Price to Earnings Ratio vs Fair Ratio

What is HUG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HUG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.9x
Fair PE Ratio	9.9x

Price-To-Earnings vs Fair Ratio: HUG is good value based on its Price-To-Earnings Ratio (3.9x) compared to the estimated Fair Price-To-Earnings Ratio (9.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HUG forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	zł18.50	zł30.45 +64.6%	20.7%	zł41.58	zł22.33	n/a	6
Sep ’25	zł21.00	zł31.25 +48.8%	19.1%	zł41.32	zł22.89	n/a	6
Aug ’25	zł20.40	zł31.84 +56.1%	17.4%	zł41.61	zł25.24	n/a	6
Jul ’25	zł23.85	zł33.05 +38.6%	15.3%	zł41.64	zł25.47	n/a	6
Jun ’25	zł22.35	zł32.60 +45.9%	14.9%	zł40.73	zł25.08	n/a	6
May ’25	zł24.70	zł35.72 +44.6%	10.1%	zł41.40	zł30.19	n/a	5
Apr ’25	zł27.00	zł35.70 +32.2%	11.0%	zł41.71	zł29.58	n/a	5
Mar ’25	zł28.35	zł35.76 +26.1%	9.6%	zł41.57	zł31.20	n/a	5
Feb ’25	zł28.05	zł35.96 +28.2%	9.4%	zł41.57	zł31.20	n/a	5
Jan ’25	zł26.80	zł35.60 +32.8%	9.1%	zł40.78	zł30.91	n/a	5
Dec ’24	zł26.70	zł34.93 +30.8%	5.8%	zł36.72	zł31.22	n/a	5
Nov ’24	zł26.00	zł34.70 +33.4%	6.3%	zł36.87	zł30.68	n/a	5
Oct ’24	zł25.85	zł35.46 +37.2%	5.9%	zł38.19	zł31.92	n/a	5
Sep ’24	zł26.10	zł32.82 +25.7%	10.4%	zł36.55	zł27.43	zł21.00	6
Aug ’24	zł25.00	zł32.26 +29.0%	10.9%	zł36.57	zł26.79	zł20.40	6
Jul ’24	zł26.65	zł30.99 +16.3%	18.2%	zł36.04	zł20.92	zł23.85	6
Jun ’24	zł27.90	zł31.44 +12.7%	17.9%	zł36.55	zł21.32	zł22.35	6
May ’24	zł26.40	zł29.46 +11.6%	20.0%	zł36.46	zł20.29	zł24.70	5
Apr ’24	zł27.78	zł28.84 +3.8%	17.6%	zł36.09	zł21.14	zł27.00	5
Mar ’24	zł27.10	zł28.17 +4.0%	17.3%	zł36.10	zł21.08	zł28.35	5
Feb ’24	zł24.96	zł27.42 +9.9%	15.3%	zł33.18	zł20.43	zł28.05	5
Jan ’24	zł21.80	zł26.86 +23.2%	16.7%	zł33.80	zł20.81	zł26.80	5
Dec ’23	zł23.50	zł26.80 +14.0%	15.7%	zł34.19	zł21.29	zł26.70	5
Nov ’23	zł24.90	zł26.85 +7.8%	15.7%	zł34.33	zł21.37	zł26.00	5
Oct ’23	zł22.86	zł25.32 +10.7%	9.2%	zł27.66	zł21.35	zł25.85	5
Sep ’23	zł22.00	zł24.02 +9.2%	17.6%	zł27.52	zł15.86	zł26.10	5

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.