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Prime Bit Games WSE:PBT Stock Report

Last Price


Market Cap







06 Aug, 2022


Company Financials
PBT fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance3/6
Financial Health3/6

PBT Stock Overview

Prime Bit Games S.A. designs, creates, and publishes mobile, computer, console, and browser games in Poland and internationally.

Prime Bit Games Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Prime Bit Games
Historical stock prices
Current Share Pricezł0.43
52 Week Highzł0.89
52 Week Lowzł0.28
1 Month Change2.38%
3 Month Change-0.92%
1 Year Change-38.57%
3 Year Change-41.10%
5 Year Changen/a
Change since IPO-75.15%

Recent News & Updates

Shareholder Returns

PBTPL EntertainmentPL Market

Return vs Industry: PBT exceeded the Polish Entertainment industry which returned -42.5% over the past year.

Return vs Market: PBT underperformed the Polish Market which returned -23.4% over the past year.

Price Volatility

Is PBT's price volatile compared to industry and market?
PBT volatility
PBT Average Weekly Movement16.0%
Entertainment Industry Average Movement7.2%
Market Average Movement6.6%
10% most volatile stocks in PL Market12.0%
10% least volatile stocks in PL Market4.2%

Stable Share Price: PBT is more volatile than 90% of Polish stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: PBT's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Polish stocks.

About the Company

n/a9Michal Reczkowicz

Prime Bit Games S.A. designs, creates, and publishes mobile, computer, console, and browser games in Poland and internationally. It creates applications and games for Android, Windows phone, and iOS mobile platforms, as well as specializes in the field of artistic graphics, including games, comics, and animations and usable graphics videos. The company offers games under the Freddy Adventure, Inside Grass, Magic Nations, Dark Tower, Caveman Chuck, Bouncy Birds Pro, Icy Jump, and Goblin Racer names.

Prime Bit Games Fundamentals Summary

How do Prime Bit Games's earnings and revenue compare to its market cap?
PBT fundamental statistics
Market Capzł2.81m
Earnings (TTM)zł223.08k
Revenue (TTM)zł1.04m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PBT income statement (TTM)
Cost of Revenuezł151.71k
Gross Profitzł891.15k
Other Expenseszł668.07k

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 15, 2022

Earnings per share (EPS)0.034
Gross Margin85.45%
Net Profit Margin21.39%
Debt/Equity Ratio41.4%

How did PBT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.


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

Valuation Score


Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

PBT 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/Revenue2.5x
Enterprise Value/EBITDA4.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

PBT PE Ratio vs Peers
The above table shows the PE ratio for PBT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average32.8x
PSH Polyslash Spólka Akcyjna
DUA Duality
EXA Examobile
UNL United Label Spólka Akcyjna
PBT Prime Bit Games

Price-To-Earnings vs Peers: PBT is good value based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (32.8x).

Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: PBT is good value based on its Price-To-Earnings Ratio (12.6x) compared to the Polish Entertainment industry average (15.4x)

Price to Earnings Ratio vs Fair Ratio

What is PBT'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.

PBT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.6x
Fair PE Ration/a

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

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate PBT's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate PBT's fair value 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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Future Growth

How is Prime Bit Games forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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 Prime Bit Games 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.

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  • Take a look at our analysis of PBT’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Prime Bit Games competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Prime Bit Games performed over the past 5 years?

Past Performance Score


Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: PBT became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: PBT has become profitable over the past 5 years, growing earnings by -34.3% per year.

Accelerating Growth: PBT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PBT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (41.4%).

Return on Equity

High ROE: PBT's Return on Equity (31%) is considered high.

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Financial Health

How is Prime Bit Games's financial position?

Financial Health Score


Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PBT's short term assets (PLN1.1M) do not cover its short term liabilities (PLN1.5M).

Long Term Liabilities: PBT's short term assets (PLN1.1M) exceed its long term liabilities (PLN68.5K).

Debt to Equity History and Analysis

Debt Level: PBT has more cash than its total debt.

Reducing Debt: Insufficient data to determine if PBT's debt to equity ratio has reduced over the past 5 years.

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

Interest Coverage: PBT's interest payments on its debt are well covered by EBIT (920.4x coverage).

Balance Sheet

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What is Prime Bit Games's current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PBT's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as PBT has not reported any payouts.

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How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Michal Reczkowicz

no data


Michal Reczkowicz serves as the Chairman of the Management Board at Prime Bit Games S.A.

Board Members

Experienced Board: PBT's board of directors are considered experienced (3 years average tenure).


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

Prime Bit Games S.A.'s employee growth, exchange listings and data sources

Key Information

  • Name: Prime Bit Games S.A.
  • Ticker: PBT
  • Exchange: WSE
  • Founded: NaN
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Implied Market Cap: zł2.807m
  • Shares outstanding: 6.53m
  • Website:

Number of Employees


  • Prime Bit Games S.A.
  • ul. Szlachecka 1
  • Rzeszów
  • 35-213
  • Poland


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/06 00:00
End of Day Share Price2022/08/05 00:00
Annual Earnings2021/12/31

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.