Embracer Group AB (publ), together with its subsidiaries, acquires, develops, and publishes PC and console games for the gaming market in Europe, the United States, Sweden, and internationally.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Embracer Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EMBRAC B's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EMBRAC B exceeded the Swedish Entertainment industry which returned 22.5% over the past year.
Return vs Market: EMBRAC B exceeded the Swedish Market which returned -8.2% over the past year.
Price Volatility Vs. Market
How volatile is Embracer Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StDoes Embracer Group AB (publ)'s (STO:EMBRAC B) CEO Pay Compare Well With Peers?
1 month ago | Simply Wall StEmbracer Group AB (publ) (STO:EMBRAC B) Might Not Be A Great Investment
2 months ago | Simply Wall StShould You Be Tempted To Sell Embracer Group AB (publ) (STO:EMBRAC B) Because Of Its P/E Ratio?
Is Embracer Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EMBRAC B (SEK98.32) is trading below our estimate of fair value (SEK330.25)
Significantly Below Fair Value: EMBRAC B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EMBRAC B is poor value based on its PE Ratio (114.5x) compared to the Entertainment industry average (65.6x).
PE vs Market: EMBRAC B is poor value based on its PE Ratio (114.5x) compared to the Swedish market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: EMBRAC B is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: EMBRAC B is overvalued based on its PB Ratio (5x) compared to the SE Entertainment industry average (3.2x).
How is Embracer Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EMBRAC B's forecast earnings growth (32.7% per year) is above the savings rate (-0.4%).
Earnings vs Market: EMBRAC B's earnings (32.7% per year) are forecast to grow faster than the Swedish market (7.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EMBRAC B's revenue (10.5% per year) is forecast to grow faster than the Swedish market (4.1% per year).
High Growth Revenue: EMBRAC B's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EMBRAC B's Return on Equity is forecast to be low in 3 years time (7.8%).
How has Embracer Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EMBRAC B has high quality earnings.
Growing Profit Margin: EMBRAC B's current net profit margins (4.1%) are lower than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: EMBRAC B's earnings have grown significantly by 39.2% per year over the past 5 years.
Accelerating Growth: EMBRAC B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EMBRAC B had negative earnings growth (-13.1%) over the past year, making it difficult to compare to the Entertainment industry average (-13.1%).
Return on Equity
High ROE: EMBRAC B's Return on Equity (4.1%) is considered low.
How is Embracer Group's financial position?
Financial Position Analysis
Short Term Liabilities: EMBRAC B's short term assets (SEK4.7B) exceed its short term liabilities (SEK3.1B).
Long Term Liabilities: EMBRAC B's short term assets (SEK4.7B) exceed its long term liabilities (SEK1.5B).
Debt to Equity History and Analysis
Debt Level: EMBRAC B's debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: EMBRAC B's debt to equity ratio has reduced from 38.5% to 31.5% over the past 5 years.
Debt Coverage: EMBRAC B's debt is well covered by operating cash flow (89.4%).
Interest Coverage: EMBRAC B's interest payments on its debt are well covered by EBIT (80x coverage).
Inventory Level: EMBRAC B has a low level of unsold assets or inventory.
Debt Coverage by Assets: EMBRAC B's debt is covered by short term assets (assets are 2.4x debt).
What is Embracer Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EMBRAC B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EMBRAC B's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EMBRAC B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EMBRAC B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: EMBRAC B is not paying a notable dividend for the Swedish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EMBRAC B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lars Wingefors (42yo)
Mr. Lars Wingefors is founder of Lars Wingefors AB. Mr. Wingefors is also the Founder of Embracer Group AB (publ) (formerly, Nordic Games Holding AB) and serves as its Chief Executive Officer. He is a Foun ...
CEO Compensation Analysis
Compensation vs Market: Lars's total compensation ($USD1.41M) is about average for companies of similar size in the Swedish market ($USD1.36M).
Compensation vs Earnings: Lars's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Founder||no data||kr1.18m||no data|
|Chief Financial Officer||0.58yr||no data||0.0015% SEK456.6k|
|Chief Executive Officer of THQ Nordic GmbH||1.17yrs||no data||no data|
|Co-Founder & CEO of Koch Media||1.17yrs||no data||no data|
|Chief Executive Officer of Coffee Stain||1.17yrs||no data||no data|
|Chief Executive Officer of Amplifier Game Invest AB||0.17yr||no data||no data|
Experienced Management: EMBRAC B's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|Founder||no data||kr1.18m||no data|
|Independent Chairman of the Board||4.17yrs||kr1.20m||0.015% SEK4.5m|
|Independent Director||1.83yrs||kr400.00k||0.0034% SEK1.0m|
|Independent Director||1.83yrs||kr200.00k||no data|
Experienced Board: EMBRAC B's board of directors are considered experienced (4.2 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18%.
Embracer Group AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Embracer Group AB (publ)
- Ticker: EMBRAC B
- Exchange: OM
- Founded: 1999
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: kr30.643b
- Shares outstanding: 311.67m
- Website: https://www.embracer.com
Number of Employees
- Embracer Group AB (publ)
- Aelvgatan 1
- Värmland County
- 652 25
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TH9A||DB (Deutsche Boerse AG)||Yes||Class B Shares||DE||EUR||Nov 2016|
|EMBRAC B||OM (OMX Nordic Exchange Stockholm)||Yes||Class B Shares||SE||SEK||Nov 2016|
|0GFE||LSE (London Stock Exchange)||Yes||Class B Shares||GB||SEK||Nov 2016|
|THQQ.F||OTCPK (Pink Sheets LLC)||Yes||Class B Shares||US||USD||Nov 2016|
Embracer Group AB (publ), together with its subsidiaries, acquires, develops, and publishes PC and console games for the gaming market in Europe, the United States, Sweden, and internationally. The company’s game catalogue consists of 150 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest, and others. It also publishes games for various partners. In addition, the company publishes and distributes films. It distributes games through retailers and digital distributors. The company was formerly known as THQ Nordic AB (publ) and changed its name to Embracer Group AB (publ) in October 2019. Embracer Group AB (publ) was incorporated in 1999 and is headquartered in Karlstad, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:00|
|End of Day Share Price||2020/03/31 00:00|
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.