N

Nitro Games Oyj
STO:NITRO

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Nitro Games Oyj
STO:NITRO
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Price: 2.22 SEK 3.74% Market Closed
Market Cap: 53.1m SEK
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Relative Value

The Relative Value of one NITRO stock under the Base Case scenario is 6.11 SEK. Compared to the current market price of 2.22 SEK, Nitro Games Oyj is Undervalued by 64%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NITRO Relative Value
Base Case
6.11 SEK
Undervaluation 64%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
66
Median 3Y
1.5
Median 5Y
4
Industry
1.5
Forward
0
vs History
vs Industry
Median 3Y
-4
Median 5Y
-3.9
Industry
17.9
Forward
-0.2
vs History
4
vs Industry
Median 3Y
-6.2
Median 5Y
-6.1
Industry
11.5
vs History
vs Industry
Median 3Y
-4.1
Median 5Y
-3.8
Industry
15.7
vs History
79
vs Industry
17
Median 3Y
7
Median 5Y
4.6
Industry
1.7
vs History
96
vs Industry
66
Median 3Y
1.5
Median 5Y
3.6
Industry
1.6
Forward
0
vs History
90
vs Industry
66
Median 3Y
3
Median 5Y
3.6
Industry
3.3
vs History
4
vs Industry
Median 3Y
-6.8
Median 5Y
-4.5
Industry
8.7
Forward
-0.4
vs History
vs Industry
Median 3Y
-4.4
Median 5Y
-3.7
Industry
12.2
Forward
-0.4
vs History
4
vs Industry
Median 3Y
-6.7
Median 5Y
-5.8
Industry
10.6
vs History
vs Industry
Median 3Y
-4.5
Median 5Y
-3.5
Industry
13.4
vs History
90
vs Industry
46
Median 3Y
2.9
Median 5Y
2.9
Industry
1.4

Multiples Across Competitors

NITRO Competitors Multiples
Nitro Games Oyj Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
FI
Nitro Games Oyj
STO:NITRO
55.3m SEK 0.4 -3.1 11.4 -3.3
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
JP
Nintendo Co Ltd
TSE:7974
10.6T JPY 7.6 32.4 22.4 23.2
SG
Sea Ltd
NYSE:SE
63.5B USD 4.1 653.3 82.7 204.2
CN
NetEase Inc
NASDAQ:NTES
59.4B USD 4.1 15.7 10.3 11.2
US
Electronic Arts Inc
NASDAQ:EA
38.9B USD 5.2 37.2 19.5 25
US
Roblox Corp
NYSE:RBLX
39.4B USD 11.7 -37.9 -40.4 -32.5
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
31.9B USD 5.9 -8.8 55.8 -69.6
JP
Konami Holdings Corp
TSE:9766
2T JPY 5.2 29.4 15.1 19
JP
Nexon Co Ltd
TSE:3659
1.9T JPY 4.2 31 9.3 10
KR
Krafton Inc
KRX:259960
14.2T KRW 5.4 17.7 8.7 9.5
P/E Multiple
Earnings Growth P/E to Growth
FI
N
Nitro Games Oyj
STO:NITRO
Average P/E: 106.4
Negative Multiple: -3.1
N/A N/A
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
151%
0.2
JP
Nintendo Co Ltd
TSE:7974
32.4
8%
3.9
SG
Sea Ltd
NYSE:SE
653.3
1 297%
0.5
CN
NetEase Inc
NASDAQ:NTES
15.7
32%
0.5
US
Electronic Arts Inc
NASDAQ:EA
37.2
100%
0.4
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -37.9 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -8.8 N/A N/A
JP
Konami Holdings Corp
TSE:9766
29.4
57%
0.5
JP
N
Nexon Co Ltd
TSE:3659
31
117%
0.3
KR
Krafton Inc
KRX:259960
17.7
84%
0.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FI
N
Nitro Games Oyj
STO:NITRO
Average EV/EBITDA: 26
11.4
N/A N/A
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
119%
0.2
JP
Nintendo Co Ltd
TSE:7974
22.4
7%
3.2
SG
Sea Ltd
NYSE:SE
82.7
413%
0.2
CN
NetEase Inc
NASDAQ:NTES
10.3
32%
0.3
US
Electronic Arts Inc
NASDAQ:EA
19.5
62%
0.3
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -40.4 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
55.8
224%
0.2
JP
Konami Holdings Corp
TSE:9766
15.1
34%
0.4
JP
N
Nexon Co Ltd
TSE:3659
9.3
29%
0.3
KR
Krafton Inc
KRX:259960
8.7
77%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
FI
N
Nitro Games Oyj
STO:NITRO
Average EV/EBIT: 41.4
Negative Multiple: -3.3
N/A N/A
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
153%
0.2
JP
Nintendo Co Ltd
TSE:7974
23.2
N/A N/A
SG
Sea Ltd
NYSE:SE
204.2
650%
0.3
CN
NetEase Inc
NASDAQ:NTES
11.2
36%
0.3
US
Electronic Arts Inc
NASDAQ:EA
25
89%
0.3
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -32.5 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -69.6 N/A N/A
JP
Konami Holdings Corp
TSE:9766
19
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
10
N/A N/A
KR
Krafton Inc
KRX:259960
9.5
88%
0.1

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