Embracer Group AB (publ)

OM:EMBRAC B Stock Report

Market Cap: SEK 38.8b

Embracer Group Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: EMBRAC B (SEK28.73) is trading below our estimate of fair value (SEK72.38)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for EMBRAC B. This is calculated by dividing EMBRAC B's market cap by their current revenue.
What is EMBRAC B's PS Ratio?
PS Ratio1x
SalesSEK 37.77b
Market CapSEK 38.80b

Price to Sales Ratio vs Peers

How does EMBRAC B's PS Ratio compare to its peers?

The above table shows the PS ratio for EMBRAC B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.7x
PDX Paradox Interactive
7.8x9.5%SEK 19.3b
MTG B Modern Times Group MTG
1.8x4.1%SEK 10.9b
SF Stillfront Group
0.5x-1.5%SEK 3.4b
EG7 Enad Global 7
0.7x17.2%SEK 1.2b
EMBRAC B Embracer Group
1x3.6%SEK 38.8b

Price-To-Sales vs Peers: EMBRAC B is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (2.7x).

Price to Sales Ratio vs Industry

How does EMBRAC B's PS Ratio compare vs other companies in the SE Entertainment Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
MOMENT Moment Group
0.2xn/aUS$20.55m
MAXENT B Maximum Entertainment
0.04x6.5%US$4.12m
AIK B AIK Fotboll
0.1xn/aUS$3.12m
GBK Goodbye Kansas Group
0.2xn/aUS$2.59m
No more companies available in this PS range
EMBRAC B 1.0xIndustry Avg. 0.7xNo. of Companies5PS00.81.62.43.24+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: EMBRAC B is expensive based on its Price-To-Sales Ratio (1x) compared to the Swedish Entertainment industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is EMBRAC B'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.

EMBRAC B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio2.7x

Price-To-Sales vs Fair Ratio: EMBRAC B is good value based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (2.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EMBRAC B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 28.73
SEK 33.77
+17.5%
27.9%SEK 50.00SEK 18.00n/a14
Nov ’25SEK 31.05
SEK 32.04
+3.2%
27.8%SEK 50.00SEK 18.00n/a14
Oct ’25SEK 26.12
SEK 32.11
+22.9%
27.9%SEK 50.00SEK 18.00n/a14
Sep ’25SEK 24.16
SEK 32.11
+32.9%
27.9%SEK 50.00SEK 18.00n/a14
Aug ’25SEK 26.78
SEK 34.63
+29.3%
26.7%SEK 50.00SEK 18.00n/a15
Jul ’25SEK 23.21
SEK 34.00
+46.5%
28.0%SEK 50.00SEK 18.00n/a16
Jun ’25SEK 26.18
SEK 32.94
+25.8%
28.9%SEK 50.00SEK 18.00n/a16
May ’25SEK 28.10
SEK 31.34
+11.5%
29.0%SEK 50.00SEK 16.50n/a16
Apr ’25SEK 23.35
SEK 27.92
+19.6%
33.2%SEK 50.00SEK 16.00n/a16
Mar ’25SEK 19.86
SEK 27.72
+39.5%
32.9%SEK 50.00SEK 15.00n/a17
Feb ’25SEK 20.45
SEK 31.40
+53.6%
31.7%SEK 60.00SEK 20.00n/a16
Jan ’25SEK 27.36
SEK 31.87
+16.5%
29.7%SEK 60.00SEK 20.50n/a15
Dec ’24SEK 23.51
SEK 32.33
+37.6%
28.5%SEK 60.00SEK 20.50n/a15
Nov ’24SEK 17.89
SEK 34.80
+94.5%
26.5%SEK 60.00SEK 21.00SEK 31.0515
Oct ’24SEK 21.91
SEK 36.79
+67.9%
28.5%SEK 68.00SEK 27.00SEK 26.1214
Sep ’24SEK 27.82
SEK 36.67
+31.8%
27.6%SEK 68.00SEK 27.00SEK 24.1615
Aug ’24SEK 30.37
SEK 36.82
+21.3%
29.4%SEK 68.00SEK 24.50SEK 26.7814
Jul ’24SEK 26.96
SEK 44.50
+65.1%
42.7%SEK 90.00SEK 25.50SEK 23.2113
Jun ’24SEK 27.11
SEK 53.71
+98.1%
47.7%SEK 110.00SEK 26.90SEK 26.1814
May ’24SEK 53.41
SEK 74.29
+39.1%
25.8%SEK 110.00SEK 40.00SEK 28.1014
Apr ’24SEK 48.47
SEK 76.62
+58.1%
24.0%SEK 110.00SEK 40.00SEK 23.3513
Mar ’24SEK 49.40
SEK 76.32
+54.5%
26.4%SEK 110.00SEK 40.00SEK 19.8614
Feb ’24SEK 49.11
SEK 79.80
+62.5%
29.8%SEK 115.00SEK 40.00SEK 20.4515
Jan ’24SEK 47.29
SEK 84.60
+78.9%
27.1%SEK 116.00SEK 40.00SEK 27.3615
Dec ’23SEK 47.74
SEK 84.60
+77.2%
27.1%SEK 116.00SEK 40.00SEK 23.5115
Nov ’23SEK 54.78
SEK 103.73
+89.4%
22.1%SEK 142.00SEK 62.00SEK 17.8915

Analyst Forecast: Target price is less than 20% higher than the current share price.

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