WSE:PBT

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Prime Bit Games

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Prime Bit Games's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

63.4%

PBT

4.5%

PL Entertainment

2.3%

PL Market


1 Year Return

217.8%

PBT

106.6%

PL Entertainment

-7.9%

PL Market

Return vs Industry: PBT exceeded the Polish Entertainment industry which returned 106.4% over the past year.

Return vs Market: PBT exceeded the Polish Market which returned -7.9% over the past year.


Shareholder returns

PBTIndustryMarket
7 Day63.4%4.5%2.3%
30 Day24.1%5.3%1.5%
90 Day114.8%22.8%18.0%
1 Year217.8%217.8%106.9%106.6%-6.7%-7.9%
3 Yearn/a357.8%353.1%-18.4%-23.3%
5 Yearn/a1,054.9%1,018.6%-8.1%-18.7%

Price Volatility Vs. Market

How volatile is Prime Bit Games's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Prime Bit Games undervalued compared to its fair value and its price relative to the market?

204.1x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: PBT is poor value based on its PE Ratio (204.1x) compared to the PL Entertainment industry average (40.9x).

PE vs Market: PBT is poor value based on its PE Ratio (204.1x) compared to the Polish market (13.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PBT is good value based on its PB Ratio (8.1x) compared to the PL Entertainment industry average (11.1x).


Next Steps

Future Growth

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

23.5%

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.


Next Steps

Past Performance

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

186.5%

Last years revenue 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 0% 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 (44.5%).


Return on Equity

High ROE: PBT's Return on Equity (4%) is considered low.


Next Steps

Financial Health

How is Prime Bit Games's financial position?


Financial Position Analysis

Short Term Liabilities: PBT's short term assets (PLN2.2M) exceed its short term liabilities (PLN1.1M).

Long Term Liabilities: PBT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PBT is debt free.

Reducing Debt: PBT has not had any debt for past 5 years.

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

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


Balance Sheet


Next Steps

Dividend

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


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.


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 PBT'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?


CEO

Michal Reczkowicz

no data

Tenure

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


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

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


Key Information

  • Name: Prime Bit Games S.A.
  • Ticker: PBT
  • Exchange: WSE
  • Founded:
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: zł15.143m
  • Shares outstanding: 6.53m
  • Website: https://www.primebitgames.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PBTWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNJun 2018
1WUBST (Boerse-Stuttgart)YesCommon Bearer SharesDEEURJun 2018

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/09 21:53
End of Day Share Price2020/08/07 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.