Paradox Interactive Balance Sheet Health
Financial Health criteria checks 6/6
Paradox Interactive has a total shareholder equity of SEK2.6B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK3.2B and SEK656.6M respectively. Paradox Interactive's EBIT is SEK505.6M making its interest coverage ratio -26.7. It has cash and short-term investments of SEK1.6B.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -26.7x |
| Cash | SEK 1.55b |
| Equity | SEK 2.59b |
| Total liabilities | SEK 656.64m |
| Total assets | SEK 3.25b |
Recent financial health updates
No updates
Recent updates
PDX: Franchise Portfolio And Dividend Policy Will Support Future Earnings Upside
The analyst price target for Paradox Interactive has moved from SEK157.0 to SEK153.5 as analysts factor in slightly softer revenue growth and profit margin assumptions, along with a modestly higher discount rate, partially offset by a marginally higher future P/E following more cautious recent research on the shares. Analyst Commentary Bullish Takeaways Bullish analysts point to a still supportive valuation backdrop, where a slightly higher future P/E assumption suggests room for the shares to trade on a richer earnings multiple if execution on upcoming titles and expansions is solid.Investors Can Find Comfort In Paradox Interactive's (STO:PDX) Earnings Quality
Apr 16
PDX: Existing Game Portfolio And Cost Discipline Will Support Future Earnings Upside
Analysts have reduced their SEK 211.67 price target on Paradox Interactive to SEK 157.00, citing updated assumptions for growth, profitability and valuation that reflect a more cautious stance. Analyst Commentary Bullish Takeaways Bullish analysts still see scope for execution on Paradox Interactive's existing game portfolio to support the revised SEK 157.00 target, even with more conservative growth assumptions.
PDX: Higher Dividend Will Support Cautious Sentiment And Fair Value Conviction
Narrative Update Overview Analysts now see Paradox Interactive's fair value holding at SEK180.00 per share. This reflects slightly adjusted assumptions on discount rate, revenue growth, profit margin, and future P/E after a more cautious research update and a downgrade in sentiment on the shares.
PDX: Higher Dividend And Pipeline Execution Will Define Future Risk Reward Balance
Analysts have adjusted their price target on Paradox Interactive to SEK132.50, reflecting slightly revised assumptions for the discount rate, revenue growth and profit margin in light of more cautious recent research commentary. Analyst Commentary Recent research has taken a more cautious tone on Paradox Interactive, with bearish analysts revisiting their valuation assumptions and risk assessments.PDX: Dividend Increase And Execution Risks Will Shape Long Term Earnings Power
Narrative Update on Paradox Interactive Analysts have reduced their price target on Paradox Interactive from SEK 205.00 to SEK 132.50, citing updated expectations for lower revenue growth, slightly softer profit margins, a marginally higher discount rate, and a reduced future P/E assumption. Analyst Commentary Recent research updates reflect a more cautious tone on Paradox Interactive, with some bearish analysts revisiting their assumptions on growth, profitability, and what they are willing to pay for the shares.PDX: Cautious Research Will Be Offset By Dividend And Ongoing Content Pipeline
Narrative Update Analysts have reduced their fair value estimate for Paradox Interactive from SEK 205 to about SEK 180, reflecting updated views on future revenue growth, profit margins, discount rate assumptions, and a slightly lower expected future P/E multiple following more cautious research commentary. Analyst Commentary Recent research reflects a more cautious tone around Paradox Interactive, with at least one broker taking a bearish stance and lowering its view on the shares.Earnings Miss: Paradox Interactive AB (publ) Missed EPS By 35% And Analysts Are Revising Their Forecasts
Feb 02PDX: Cautious Research Will Be Offset By Ongoing Content Expansion Pipeline
Analysts have trimmed their price target on Paradox Interactive from SEK225 to SEK205, reflecting updated assumptions for slightly lower revenue growth and profit margins, partially balanced by a modestly lower discount rate and a slightly higher future P/E multiple. Recent Street research has generally been more cautious on the shares.Here's What Paradox Interactive's (STO:PDX) Strong Returns On Capital Mean
Jan 21PDX: Expanding Release Pipeline Will Support Stronger Long Term Earnings Power
Analysts have reduced their fair value estimate for Paradox Interactive from SEK 210 to about SEK 205, reflecting updated assumptions that combine higher projected revenue growth with slightly lower profit margins and a modestly reduced future P/E multiple. What's in the News Release of Victoria 3: Iberian Twilight immersion pack, adding new historical content and mechanics for Spain, Portugal, Morocco, Cuba, the Philippines and other related nations in the Victoria 3 grand strategy series (Product announcement).PDX: Expanding Game Portfolio Will Support Stronger Long-Term Earnings Power
Analysts have raised their price target on Paradox Interactive from SEK 150 to SEK 210, citing expectations for slightly stronger long term revenue growth, modestly higher profit margins, and a richer future earnings multiple, despite a largely unchanged risk profile. What's in the News Release of Victoria 3: Iberian Twilight immersion pack, adding new historical content for Spain, Portugal and related nations, with fresh mechanics around post imperial crises and Iberian unification, priced at about $9.99.PDX: Expanding Game Portfolio Will Drive Long Term Earnings Upside
Analysts have nudged their price target for Paradox Interactive higher from SEK 201.67 to SEK 211.67, citing slightly stronger expectations for long term revenue growth, improved profitability, and a marginally higher justified earnings multiple. What's in the News Europa Universalis V, a major reworking of Paradox Interactive's flagship historical grand strategy series, has launched with new population, trade, and societal systems.PDX: Higher Profit Margins And Game Launch Momentum Will Drive Future Upside
Analysts have slightly raised their price target for Paradox Interactive, now valuing the company at SEK 201.67 per share. They cite improvements in profit margin outlook and a lower discount rate as key drivers behind the adjustment.PDX: Revenue Acceleration And Game Launches Will Drive Future Upside
Analysts Raise Price Target for Paradox Interactive Analysts have increased their price target for Paradox Interactive from SEK 191.25 to SEK 201.67. This change is based on updated forecasts for higher revenue growth and minor adjustments to valuation assumptions.Paradox Interactive AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Oct 28Paradox Interactive's (STO:PDX) Earnings Seem To Be Promising
Aug 15Paradox Interactive AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 10Subdued Growth No Barrier To Paradox Interactive AB (publ)'s (STO:PDX) Price
Jul 25Many Would Be Envious Of Paradox Interactive's (STO:PDX) Excellent Returns On Capital
May 20Paradox Interactive AB (publ) Just Missed EPS By 6.6%: Here's What Analysts Think Will Happen Next
Apr 27Estimating The Fair Value Of Paradox Interactive AB (publ) (STO:PDX)
Mar 01
Acquisition Of Haemimont Games Will Expand Game Portfolio And Drive Player Engagement
Strategic acquisitions and successful expansion passes boost game portfolio and monetize franchises, enhancing future revenue and margins.Paradox Interactive AB (publ) Just Recorded A 20% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 09Financial Position Analysis
Short Term Liabilities: PDX's short term assets (SEK1.9B) exceed its short term liabilities (SEK372.9M).
Long Term Liabilities: PDX's short term assets (SEK1.9B) exceed its long term liabilities (SEK283.7M).
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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/02 02:03 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Paradox Interactive AB (publ) is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Edward James | Berenberg |
| Mikael Laséen | Carnegie Investment Bank AB |