I

Ice Code Games SA
WSE:ICG

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Ice Code Games SA
WSE:ICG
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Price: 0.164 PLN -1.2%
Market Cap: 27.8m PLN
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Relative Value

The Relative Value of one ICG stock under the Base Case scenario is 0.076 PLN. Compared to the current market price of 0.164 PLN, Ice Code Games SA is Overvalued by 53%.

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.

ICG Relative Value
Base Case
0.076 PLN
Overvaluation 53%
Relative Value
Price
I
Worst Case
Base Case
Best Case

Valuation Multiples

5.8
P/S
P/S
Price to Sales
5.8
vs History
41
vs Industry
12
Median 3Y
20.1
Median 5Y
8.1
Industry
1.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
1
Median 3Y
-23.5
Median 5Y
-1 688.6
Industry
17.9
More Details
5
P/OCF
P/OCF
Price to OCF
5
vs History
22
vs Industry
46
Median 3Y
7
Median 5Y
-124.2
Industry
11.5
More Details
20.5
P/FCFE
P/FCFE
Price to FCFE
20.5
vs History
17
vs Industry
18
Median 3Y
-5.8
Median 5Y
-843.3
Industry
15.7
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
65
vs Industry
29
Median 3Y
4.2
Median 5Y
4.2
Industry
1.7
More Details
5.8
EV/S
EV/S
Enterprise Value to Sales
5.8
vs History
41
vs Industry
11
Median 3Y
20.1
Median 5Y
8.1
Industry
1.6
More Details
5.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
5.9
vs History
41
vs Industry
23
Median 3Y
20.3
Median 5Y
8.2
Industry
3.3
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
6
Median 3Y
-21.9
Median 5Y
-192.8
Industry
8.7
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
1
Median 3Y
-25.6
Median 5Y
-1 556.6
Industry
12.2
More Details
5
EV/OCF
EV/OCF
Enterprise Value to OCF
5
vs History
22
vs Industry
45
Median 3Y
7
Median 5Y
-124.4
Industry
10.6
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
9
Median 3Y
-163
Median 5Y
-841.3
Industry
13.4
More Details
1.2
EV/IC
EV/IC
Enterprise Value to IC
1.2
vs History
65
vs Industry
38
Median 3Y
3.3
Median 5Y
3.1
Industry
1.4
More Details

Multiples Across Competitors

ICG Competitors Multiples
Ice Code Games 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
Ice Code Games SA
WSE:ICG
27.8m PLN 5.8 -11.7 -14.4 -12.8
US
Alphabet Inc
NASDAQ:GOOGL
2.4T USD 7.1 25.4 19 21.3
US
Meta Platforms Inc
NASDAQ:META
1.5T USD 9.7 27.4 19 23.2
CN
Tencent Holdings Ltd
HKEX:700
3.9T HKD 5.6 21.4 18 18
JP
LY Corp
XMUN:YOJ
36.7B EUR 3.2 56.6 22 37.3
CN
Baidu Inc
NASDAQ:BIDU
30.9B USD 1.7 11 6.8 6.8
CN
Fangdd Network Group Ltd
NASDAQ:DUO
24.3B USD 654.5 -2 119.4 -671.6 -670.3
CN
Kuaishou Technology
HKEX:1024
183.9B HKD 1.4 11.5 9.3 9.3
KR
Naver Corp
KRX:035420
29.8T KRW 2.9 17.8 10.9 14.4
US
Pinterest Inc
NYSE:PINS
20.2B USD 5.8 93.6 131.5 155.1
AU
REA Group Ltd
ASX:REA
31.2B AUD 18.3 103 43.9 43.9
P/E Multiple
Earnings Growth P/E to Growth
PL
I
Ice Code Games SA
WSE:ICG
Average P/E: 40.9
Negative Multiple: -11.7 		N/A N/A
US
Alphabet Inc
NASDAQ:GOOGL
25.4
75%
0.3
US
Meta Platforms Inc
NASDAQ:META
27.4
89%
0.3
CN
Tencent Holdings Ltd
HKEX:700
21.4
127%
0.2
JP
L
LY Corp
XMUN:YOJ
56.6
57%
1
CN
Baidu Inc
NASDAQ:BIDU
11
48%
0.2
CN
Fangdd Network Group Ltd
NASDAQ:DUO
Negative Multiple: -2 119.4 N/A N/A
CN
Kuaishou Technology
HKEX:1024
11.5
345%
0
KR
Naver Corp
KRX:035420
17.8
78%
0.2
US
Pinterest Inc
NYSE:PINS
93.6
N/A N/A
AU
REA Group Ltd
ASX:REA
103
161%
0.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
PL
I
Ice Code Games SA
WSE:ICG
Average EV/EBITDA: 31.2
Negative Multiple: -14.4 		N/A N/A
US
Alphabet Inc
NASDAQ:GOOGL
19
100%
0.2
US
Meta Platforms Inc
NASDAQ:META
19
115%
0.2
CN
Tencent Holdings Ltd
HKEX:700
18
53%
0.3
JP
L
LY Corp
XMUN:YOJ
22
50%
0.4
CN
Baidu Inc
NASDAQ:BIDU
6.8
-8%
N/A
CN
Fangdd Network Group Ltd
NASDAQ:DUO
Negative Multiple: -671.6 N/A N/A
CN
Kuaishou Technology
HKEX:1024
9.3
190%
0
KR
Naver Corp
KRX:035420
10.9
56%
0.2
US
Pinterest Inc
NYSE:PINS
131.5
6 843%
0
AU
REA Group Ltd
ASX:REA
43.9
82%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
PL
I
Ice Code Games SA
WSE:ICG
Average EV/EBIT: 36.6
Negative Multiple: -12.8 		N/A N/A
US
Alphabet Inc
NASDAQ:GOOGL
21.3
68%
0.3
US
Meta Platforms Inc
NASDAQ:META
23.2
74%
0.3
CN
Tencent Holdings Ltd
HKEX:700
18
81%
0.2
JP
L
LY Corp
XMUN:YOJ
37.3
N/A N/A
CN
Baidu Inc
NASDAQ:BIDU
6.8
39%
0.2
CN
Fangdd Network Group Ltd
NASDAQ:DUO
Negative Multiple: -670.3 N/A N/A
CN
Kuaishou Technology
HKEX:1024
9.3
353%
0
KR
Naver Corp
KRX:035420
14.4
69%
0.2
US
Pinterest Inc
NYSE:PINS
155.1
51 602%
0
AU
REA Group Ltd
ASX:REA
43.9
58%
0.8

See Also

Summary
ICG intrinsic value, competitors valuation, and company profile.
DCF Valuation
ICG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ICG stock valuation using valuation multiples.
Wall Street Estimates
ICG 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
ICG 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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