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PDX

Paradox Interactive OM:PDX Stock Report

Last Price

kr172.80

Market Cap

kr18.9b

7D

-5.9%

1Y

-4.1%

Updated

25 May, 2022

Data

Company Financials +
PDX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance1/6
Financial Health6/6
Dividends0/6

PDX Stock Overview

Paradox Interactive AB (publ) develops and publishes games and brands for PC, mobile, and console platforms primarily in North and Latin America, Europe, the Middle East, Africa, and the Asia Pacific region.

Paradox Interactive Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Paradox Interactive
Historical stock prices
Current Share Pricekr172.80
52 Week Highkr210.00
52 Week Lowkr115.50
Beta0.15
1 Month Change1.02%
3 Month Change-8.52%
1 Year Change-4.11%
3 Year Change23.17%
5 Year Change146.86%
Change since IPO289.19%

Recent News & Updates

Shareholder Returns

PDXSE EntertainmentSE Market
7D-5.9%6.6%-1.0%
1Y-4.1%-38.7%-13.1%

Return vs Industry: PDX exceeded the Swedish Entertainment industry which returned -38.7% over the past year.

Return vs Market: PDX exceeded the Swedish Market which returned -13.1% over the past year.

Price Volatility

Is PDX's price volatile compared to industry and market?
PDX volatility
PDX Average Weekly Movement6.5%
Entertainment Industry Average Movement8.3%
Market Average Movement7.6%
10% most volatile stocks in SE Market12.9%
10% least volatile stocks in SE Market4.9%

Stable Share Price: PDX is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PDX's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998692Fredrik Westerhttps://www.paradoxinteractive.com

Paradox Interactive AB (publ) develops and publishes games and brands for PC, mobile, and console platforms primarily in North and Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. The company’s game portfolio comprises various franchises and brands, including Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Surviving Mars, Prison Architect, Magicka, Age of Wonders, Victoria, and the World of Darkness. Paradox Interactive AB (publ) was founded in 1998 and is headquartered in Stockholm, Sweden.

Paradox Interactive Fundamentals Summary

How do Paradox Interactive's earnings and revenue compare to its market cap?
PDX fundamental statistics
Market Capkr18.86b
Earnings (TTM)kr339.58m
Revenue (TTM)kr1.56b

53.7x

P/E Ratio

11.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PDX income statement (TTM)
Revenuekr1.56b
Cost of Revenuekr656.62m
Gross Profitkr902.40m
Other Expenseskr562.82m
Earningskr339.58m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 02, 2022

Earnings per share (EPS)3.22
Gross Margin57.88%
Net Profit Margin21.78%
Debt/Equity Ratio0%

How did PDX perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

31%

Payout Ratio

Valuation

Is Paradox Interactive undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


53.74x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: PDX (SEK172.8) is trading above our estimate of fair value (SEK121.97)

Significantly Below Fair Value: PDX is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PDX is poor value based on its Price-To-Earnings Ratio (53.7x) compared to the Swedish Entertainment industry average (20.5x).

PE vs Market: PDX is poor value based on its Price-To-Earnings Ratio (53.7x) compared to the Swedish market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: PDX is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: PDX is overvalued based on its Price-To-Book Ratio (9.9x) compared to the SE Entertainment industry average (2.1x).


Future Growth

How is Paradox Interactive forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PDX's forecast earnings growth (20.9% per year) is above the savings rate (0.3%).

Earnings vs Market: PDX's earnings (20.9% per year) are forecast to grow faster than the Swedish market (9.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PDX's revenue (15.8% per year) is forecast to grow faster than the Swedish market (5.8% per year).

High Growth Revenue: PDX's revenue (15.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PDX's Return on Equity is forecast to be high in 3 years time (27.5%)


Past Performance

How has Paradox Interactive performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: PDX has a high level of non-cash earnings.

Growing Profit Margin: PDX's current net profit margins (21.8%) are lower than last year (25%).


Past Earnings Growth Analysis

Earnings Trend: PDX's earnings have grown by 6.3% per year over the past 5 years.

Accelerating Growth: PDX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PDX had negative earnings growth (-22.7%) over the past year, making it difficult to compare to the Entertainment industry average (11.1%).


Return on Equity

High ROE: PDX's Return on Equity (18.5%) is considered low.


Financial Health

How is Paradox Interactive's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: PDX's short term assets (SEK898.3M) exceed its short term liabilities (SEK512.0M).

Long Term Liabilities: PDX's short term assets (SEK898.3M) exceed its long term liabilities (SEK287.3M).


Debt to Equity History and Analysis

Debt Level: PDX is debt free.

Reducing Debt: PDX has not had any debt for past 5 years.

Debt Coverage: PDX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PDX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Paradox Interactive current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.58%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: PDX's dividend (0.58%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (1.44%).

High Dividend: PDX's dividend (0.58%) is low compared to the top 25% of dividend payers in the Swedish market (4.89%).


Stability and Growth of Payments

Stable Dividend: PDX is not paying a notable dividend for the Swedish market, therefore no need to check if payments are stable.

Growing Dividend: PDX is not paying a notable dividend for the Swedish market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: PDX is not paying a notable dividend for the Swedish market.


Cash Payout to Shareholders

Cash Flow Coverage: PDX is not paying a notable dividend for the Swedish market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Fredrik Wester (47 yo)

0.67

Tenure

kr12,000

Compensation

Mr. Fredrik Wester is the Chief Executive Officer of Paradox Interactive AB (publ) since September 01, 2021. He had been the Chairman of the Board at Paradox Interactive AB (publ) since August 1, 2018 unti...


CEO Compensation Analysis

Compensation vs Market: Fredrik's total compensation ($USD1.22K) is below average for companies of similar size in the Swedish market ($USD876.80K).

Compensation vs Earnings: Fredrik's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: PDX's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: PDX's board of directors are considered experienced (3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Paradox Interactive AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Paradox Interactive AB (publ)
  • Ticker: PDX
  • Exchange: OM
  • Founded: 1998
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Implied Market Cap: kr18.860b
  • Shares outstanding: 105.60m
  • Website: https://www.paradoxinteractive.com

Number of Employees


Location

  • Paradox Interactive AB (publ)
  • Magnus Ladulåsgatan 4
  • Stockholm
  • Stockholm County
  • 118 66
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.