Executive Summary
Ten Square Games S.A. engages in the mobile games development business worldwide. More Details
Rewards
Risk Analysis
No risks detected for TEN from our risk checks.
Snowflake Analysis
Flawless balance sheet with solid track record.
Share Price & News
How has Ten Square Games's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TEN is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TEN's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-4.3%
TEN
-3.1%
PL Entertainment
1.6%
PL Market
1 Year Return
63.3%
TEN
-24.1%
PL Entertainment
38.8%
PL Market
Return vs Industry: TEN exceeded the Polish Entertainment industry which returned -24.1% over the past year.
Return vs Market: TEN exceeded the Polish Market which returned 38.8% over the past year.
Shareholder returns
| TEN | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.3% | -3.1% | 1.6% |
| 30 Day | 0.7% | -9.1% | 0.1% |
| 90 Day | -8.1% | -17.4% | -1.6% |
| 1 Year | 64.5%63.3% | -24.0%-24.1% | 40.2%38.8% |
| 3 Year | n/a | 69.7%68.0% | 0.6%-5.5% |
| 5 Year | n/a | 512.1%490.9% | 19.0%5.5% |
Long-Term Price Volatility Vs. Market
How volatile is Ten Square Games's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Calculating The Fair Value Of Ten Square Games S.A. (WSE:TEN)1 month ago | Simply Wall St
Should You Be Adding Ten Square Games (WSE:TEN) To Your Watchlist Today?2 months ago | Simply Wall St
Could The Market Be Wrong About Ten Square Games S.A. (WSE:TEN) Given Its Attractive Financial Prospects?Valuation
Is Ten Square Games undervalued compared to its fair value and its price relative to the market?
15.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TEN (PLN504.5) is trading below our estimate of fair value (PLN597.66)
Significantly Below Fair Value: TEN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TEN is good value based on its PE Ratio (24.1x) compared to the PL Entertainment industry average (36.4x).
PE vs Market: TEN is poor value based on its PE Ratio (24.1x) compared to the Polish market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: TEN is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: TEN is overvalued based on its PB Ratio (15.4x) compared to the PL Entertainment industry average (8.8x).
Future Growth
How is Ten Square Games forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
14.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEN's forecast earnings growth (14.4% per year) is above the savings rate (2.7%).
Earnings vs Market: TEN's earnings (14.4% per year) are forecast to grow slower than the Polish market (21.4% per year).
High Growth Earnings: TEN's earnings are forecast to grow, but not significantly.
Revenue vs Market: TEN's revenue (11.9% per year) is forecast to grow faster than the Polish market (6.7% per year).
High Growth Revenue: TEN's revenue (11.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TEN's Return on Equity is forecast to be very high in 3 years time (58%).
Past Performance
How has Ten Square Games performed over the past 5 years?
57.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEN has high quality earnings.
Growing Profit Margin: TEN's current net profit margins (26.2%) are lower than last year (31.7%).
Past Earnings Growth Analysis
Earnings Trend: TEN's earnings have grown significantly by 57.5% per year over the past 5 years.
Accelerating Growth: TEN's earnings growth over the past year (97.8%) exceeds its 5-year average (57.5% per year).
Earnings vs Industry: TEN earnings growth over the past year (97.8%) exceeded the Entertainment industry 92.9%.
Return on Equity
High ROE: TEN's Return on Equity (63.7%) is considered outstanding.
Financial Health
How is Ten Square Games's financial position?
Financial Position Analysis
Short Term Liabilities: TEN's short term assets (PLN307.6M) exceed its short term liabilities (PLN78.2M).
Long Term Liabilities: TEN's short term assets (PLN307.6M) exceed its long term liabilities (PLN7.4M).
Debt to Equity History and Analysis
Debt Level: TEN is debt free.
Reducing Debt: TEN has not had any debt for past 5 years.
Debt Coverage: TEN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TEN has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Ten Square Games's current dividend yield, its reliability and sustainability?
0.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TEN's dividend (0.75%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (1.43%).
High Dividend: TEN's dividend (0.75%) is low compared to the top 25% of dividend payers in the Polish market (5.25%).
Stability and Growth of Payments
Stable Dividend: TEN is not paying a notable dividend for the Polish market, therefore no need to check if payments are stable.
Growing Dividend: TEN is not paying a notable dividend for the Polish market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TEN is not paying a notable dividend for the Polish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TEN'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?
0.9yrs
Average management tenure
CEO
Maciej Zuzalek
0.92
Tenure
Mr. Maciej Zuzalek has been President of the Management Board and Chief Executive Officer at Ten Square Games S.A. since May 2020. He served as Chairman of the Supervisory Board at Ten Square Games S.A unt...
Leadership Team
Experienced Management: TEN's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
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
Ten Square Games S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ten Square Games S.A.
- Ticker: TEN
- Exchange: WSE
- Founded: 2011
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: zł3.666b
- Shares outstanding: 7.27m
- Website: https://www.tensquaregames.com
Number of Employees
Location
- Ten Square Games S.A.
- ul. Traugutta 45
- Wroclaw
- 50-416
- Poland
Listings
Biography
Ten Square Games S.A. engages in the mobile games development business worldwide. It offers free-to-play games through social platforms and a network of partner sites, as well as on Google Play, App Store,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/10 17:12 |
| End of Day Share Price | 2021/04/09 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.