Road Studio Spólka Akcyjna

WSE:RST Stock Report

Market Cap: zł7.7m

Road Studio Spólka Akcyjna Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 RST when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RST (PLN5.2) is trading below our estimate of fair value (PLN81.19)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for RST. This is calculated by dividing RST's market cap by their current revenue.
What is RST's PS Ratio?
PS Ratio23.9x
Saleszł321.02k
Market Capzł7.66m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for RST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.3x
EXA Examobile
5.3xn/azł7.8m
JJB Jujubee
6.8xn/azł8.3m
SMT Simteract
0.7xn/azł7.3m
ECC ECC Games
4.5xn/azł9.4m
RST Road Studio Spólka Akcyjna
23.9xn/azł7.7m

Price-To-Sales vs Peers: RST is expensive based on its Price-To-Sales Ratio (23.9x) compared to the peer average (4.3x).

Price to Sales Ratio vs Industry

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

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
BBT BoomBit
0.6xn/aUS$31.22m
EMU e-Muzyka
0.4xn/aUS$23.93m
PLI Platige Image
0.3xn/aUS$9.20m
QUB QubicGames
0.4xn/aUS$3.49m
RST 23.9xIndustry Avg. 3.4xNo. of Companies12PS02.44.87.29.612+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: RST is expensive based on its Price-To-Sales Ratio (23.9x) compared to the Polish Entertainment industry average (3.4x).

Price to Sales Ratio vs Fair Ratio

What is RST'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.

RST PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio23.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate RST'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.

Discover undervalued companies

QubicGames

zł14.6m

Engages in the development and publishing of games in Poland and internationally.

QUB

zł1.50

7D

0%

1Y

-27.9%

Artifex Mundi

zł169.5m

Develops and publishes computer games worldwide.

ART

zł13.50

7D

-18.7%

1Y

-25.0%

Platige Image

zł41.2m

Engages in the production of films, video recordings, and television programs.

PLI

zł10.70

7D

-2.7%

1Y

-58.0%