Ten Square Games Valuation
Is TEN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of TEN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TEN (PLN92.5) is trading below our estimate of fair value (PLN107.93)
Significantly Below Fair Value: TEN is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TEN?
Other financial metrics that can be useful for relative valuation.
| What is TEN's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | zł672.00m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.2x |
| Enterprise Value/EBITDA | 5.7x |
| PEG Ratio | 1.7x |
Price to Earnings Ratio vs Peers
How does TEN's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 20.2x | ||
HUG Huuuge | 4.7x | -15.6% | zł1.6b |
CRJ Creepy Jar | 16.1x | 40.4% | zł423.1m |
BLO Bloober Team | 46x | n/a | zł449.9m |
ART Artifex Mundi | 14x | n/a | zł349.8m |
TEN Ten Square Games | 70x | 42.1% | zł672.0m |
Price-To-Earnings vs Peers: TEN is expensive based on its Price-To-Earnings Ratio (70x) compared to the peer average (20.2x).
Price to Earnings Ratio vs Industry
How does TEN's PE Ratio compare vs other companies in the PL Entertainment Industry?
Price-To-Earnings vs Industry: TEN is expensive based on its Price-To-Earnings Ratio (70x) compared to the Polish Entertainment industry average (20.6x).
Price to Earnings Ratio vs Fair Ratio
What is TEN'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 70x |
| Fair PE Ratio | 28.4x |
Price-To-Earnings vs Fair Ratio: TEN is expensive based on its Price-To-Earnings Ratio (70x) compared to the estimated Fair Price-To-Earnings Ratio (28.4x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | zł92.50 | zł102.47 +10.8% | 8.6% | zł114.00 | zł85.00 | n/a | 6 |
| Apr ’25 | zł96.40 | zł101.76 +5.6% | 9.4% | zł114.00 | zł85.00 | n/a | 5 |
| Mar ’25 | zł96.00 | zł98.96 +3.1% | 10.3% | zł114.00 | zł85.00 | n/a | 5 |
| Feb ’25 | zł103.00 | zł98.96 -3.9% | 10.3% | zł114.00 | zł85.00 | n/a | 5 |
| Jan ’25 | zł96.40 | zł98.96 +2.7% | 10.3% | zł114.00 | zł85.00 | n/a | 5 |
| Dec ’24 | zł94.05 | zł95.60 +1.6% | 11.0% | zł114.00 | zł85.00 | n/a | 5 |
| Nov ’24 | zł79.65 | zł94.33 +18.4% | 17.4% | zł125.00 | zł70.00 | n/a | 6 |
| Oct ’24 | zł84.90 | zł91.50 +7.8% | 18.2% | zł125.00 | zł70.00 | n/a | 6 |
| Sep ’24 | zł84.05 | zł89.33 +6.3% | 19.4% | zł125.00 | zł71.00 | n/a | 6 |
| Aug ’24 | zł80.40 | zł89.33 +11.1% | 19.4% | zł125.00 | zł71.00 | n/a | 6 |
| Jul ’24 | zł78.75 | zł92.33 +17.2% | 19.0% | zł125.00 | zł71.00 | n/a | 6 |
| Jun ’24 | zł81.90 | zł92.33 +12.7% | 19.0% | zł125.00 | zł71.00 | n/a | 6 |
| May ’24 | zł81.95 | zł97.00 +18.4% | 15.2% | zł125.00 | zł77.00 | n/a | 6 |
| Apr ’24 | zł92.85 | zł133.17 +43.4% | 15.5% | zł174.00 | zł109.00 | zł96.40 | 6 |
| Mar ’24 | zł131.10 | zł188.17 +43.5% | 61.6% | zł444.00 | zł115.00 | zł96.00 | 6 |
| Feb ’24 | zł127.50 | zł188.17 +47.6% | 61.6% | zł444.00 | zł115.00 | zł103.00 | 6 |
| Jan ’24 | zł126.60 | zł183.50 +44.9% | 64.7% | zł444.00 | zł102.00 | zł96.40 | 6 |
| Dec ’23 | zł132.10 | zł203.17 +53.8% | 61.6% | zł444.00 | zł102.00 | zł94.05 | 6 |
| Nov ’23 | zł103.30 | zł195.67 +89.4% | 66.4% | zł444.00 | zł96.00 | zł79.65 | 6 |
| Oct ’23 | zł97.70 | zł201.67 +106.4% | 62.6% | zł444.00 | zł94.00 | zł84.90 | 6 |
| Sep ’23 | zł97.00 | zł201.67 +107.9% | 62.6% | zł444.00 | zł94.00 | zł84.05 | 6 |
| Aug ’23 | zł93.60 | zł219.00 +134.0% | 60.1% | zł444.00 | zł94.00 | zł80.40 | 5 |
| Jul ’23 | zł117.10 | zł251.20 +114.5% | 46.1% | zł444.00 | zł125.00 | zł78.75 | 5 |
| Jun ’23 | zł119.10 | zł395.50 +232.1% | 47.1% | zł704.00 | zł140.00 | zł81.90 | 6 |
| May ’23 | zł155.40 | zł408.00 +162.5% | 41.8% | zł704.00 | zł215.00 | zł81.95 | 6 |
| Apr ’23 | zł201.00 | zł460.83 +129.3% | 30.4% | zł704.00 | zł292.00 | zł92.85 | 6 |
Analyst Forecast: Target price is less than 20% higher than the current share price.