Ovid Works S.A.

WSE:OVI Stock Report

Market Cap: zł3.5m

Ovid Works Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: OVI (PLN0.34) is trading below our estimate of fair value (PLN2.05)

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

Key Valuation Metric

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

Key metric: As OVI is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for OVI. This is calculated by dividing OVI's market cap by their current revenue.
What is OVI's PS Ratio?
PS Ratio2x
Saleszł1.84m
Market Capzł3.52m

Price to Sales Ratio vs Peers

How does OVI's PS Ratio compare to its peers?

The above table shows the PS ratio for OVI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.3x
ATJ Atomic Jelly
10.6xn/azł4.0m
ARG Art Games Studio
3.2xn/azł3.0m
MPS MegaPixel Studio
2.3xn/azł3.7m
DUA Duality
0.9xn/azł5.6m
OVI Ovid Works
2xn/azł3.5m

Price-To-Sales vs Peers: OVI is good value based on its Price-To-Sales Ratio (2x) compared to the peer average (4.3x).

Price to Sales Ratio vs Industry

How does OVI's PS Ratio compare vs other companies in the PL Entertainment Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
BBT BoomBit
0.6xn/aUS$30.50m
EMU e-Muzyka
0.4xn/aUS$23.93m
PLI Platige Image
0.3xn/aUS$10.89m
QUB QubicGames
0.4xn/aUS$3.38m
OVI 2.0xIndustry Avg. 3.1xNo. of Companies12PS02.44.87.29.612+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: OVI is good value based on its Price-To-Sales Ratio (2x) compared to the Polish Entertainment industry average (3.1x).

Price to Sales Ratio vs Fair Ratio

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

OVI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate OVI's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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