1

11 Bit Studios SA
WSE:11B

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11 Bit Studios SA
WSE:11B
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Price: 214 PLN 0.71%
Market Cap: 517.9m PLN
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Relative Value

The Relative Value of one 11B stock under the Base Case scenario is 330 PLN. Compared to the current market price of 214 PLN, 11 Bit Studios SA is Undervalued by 35%.

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.

11B Relative Value
Base Case
330 PLN
Undervaluation 35%
Relative Value
Price
1
Worst Case
Base Case
Best Case

Valuation Multiples

4.1
P/S
P/S
Price to Sales
4.1
vs History
95
vs Industry
3
Median 3Y
19.2
Median 5Y
16.3
Industry
1.4
Forward
3.5
More Details
11.1
P/E
P/E
Price to Earnings
11.1
vs History
85
vs Industry
0
Median 3Y
41.9
Median 5Y
41.3
Industry
18
Forward
8
More Details
20.5
P/OCF
P/OCF
Price to OCF
20.5
vs History
93
vs Industry
6
Median 3Y
39.4
Median 5Y
32
Industry
11.3
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-37.5
Median 5Y
-13.5
Industry
16
More Details
1.9
P/B
P/B
Price to Book Value
1.9
vs History
80
vs Industry
7
Median 3Y
6.1
Median 5Y
6.1
Industry
1.7
More Details
3.9
EV/S
EV/S
Enterprise Value to Sales
3.9
vs History
95
vs Industry
4
Median 3Y
17.8
Median 5Y
15.1
Industry
1.5
Forward
3.3
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
3.2
More Details
7.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.1
vs History
95
vs Industry
2
Median 3Y
51.2
Median 5Y
30.5
Industry
8.6
Forward
3.1
More Details
7.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
7.7
vs History
95
vs Industry
1
Median 3Y
66.3
Median 5Y
38.5
Industry
12.4
Forward
7.4
More Details
19.1
EV/OCF
EV/OCF
Enterprise Value to OCF
19.1
vs History
93
vs Industry
6
Median 3Y
38.4
Median 5Y
29.2
Industry
10.5
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-37.6
Median 5Y
-13.2
Industry
13.4
More Details
1.7
EV/IC
EV/IC
Enterprise Value to IC
1.7
vs History
80
vs Industry
9
Median 3Y
8.2
Median 5Y
8.3
Industry
1.4
More Details

Multiples Across Competitors

11B Competitors Multiples
11 Bit Studios SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
PL
11 Bit Studios SA
WSE:11B
513.7m PLN 4.1 11.1 7.1 7.7
JP
Nintendo Co Ltd
TSE:7974
12T JPY 9.7 37.4 30.1 31.5
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
SG
Sea Ltd
NYSE:SE
71.7B USD 4.3 161.3 103.9 103.9
CN
NetEase Inc
NASDAQ:NTES
66.7B USD 4.6 16.3 11.2 12.1
US
Roblox Corp
NYSE:RBLX
37.1B USD 10.3 -39.7 -42.7 -33.6
US
Electronic Arts Inc
NASDAQ:EA
36.1B USD 4.9 34.4 17.7 22.6
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
35.9B USD 6.6 -9.8 105.6 -72.5
JP
Konami Holdings Corp
TSE:9766
2.3T JPY 5.5 29.4 15 19
KR
Krafton Inc
KRX:259960
16.3T KRW 6.2 20.3 10.4 11.3
JP
Nexon Co Ltd
TSE:3659
1.6T JPY 3.7 12.2 7.7 8.3
P/E Multiple
Earnings Growth PEG
PL
1
11 Bit Studios SA
WSE:11B
Average P/E: 39.6
11.1
485%
0
JP
Nintendo Co Ltd
TSE:7974
37.4
5%
7.5
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
SG
Sea Ltd
NYSE:SE
161.3
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
16.3
-35%
N/A
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -39.7 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
34.4
21%
1.6
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -9.8 N/A N/A
JP
Konami Holdings Corp
TSE:9766
29.4
20%
1.5
KR
Krafton Inc
KRX:259960
20.3
26%
0.8
JP
N
Nexon Co Ltd
TSE:3659
12.2
-2%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
PL
1
11 Bit Studios SA
WSE:11B
Average EV/EBITDA: 33.3
7.1
140%
0.1
JP
Nintendo Co Ltd
TSE:7974
30.1
2%
15.1
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
SG
Sea Ltd
NYSE:SE
103.9
96%
1.1
CN
NetEase Inc
NASDAQ:NTES
11.2
13%
0.9
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -42.7 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
17.7
16%
1.1
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
105.6
49%
2.2
JP
Konami Holdings Corp
TSE:9766
15
10%
1.5
KR
Krafton Inc
KRX:259960
10.4
21%
0.5
JP
N
Nexon Co Ltd
TSE:3659
7.7
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
PL
1
11 Bit Studios SA
WSE:11B
Average EV/EBIT: 27.3
7.7
120%
0.1
JP
Nintendo Co Ltd
TSE:7974
31.5
N/A N/A
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
SG
Sea Ltd
NYSE:SE
103.9
80%
1.3
CN
NetEase Inc
NASDAQ:NTES
12.1
13%
0.9
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -33.6 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
22.6
18%
1.3
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -72.5 N/A N/A
JP
Konami Holdings Corp
TSE:9766
19
N/A N/A
KR
Krafton Inc
KRX:259960
11.3
23%
0.5
JP
N
Nexon Co Ltd
TSE:3659
8.3
N/A N/A

See Also

Summary
11B intrinsic value, competitors valuation, and company profile.
DCF Valuation
11B stock valuation using Discount Cash Flow valuation method.
Relative Valuation
11B stock valuation using valuation multiples.
Wall Street Estimates
11B price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
11B stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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