Valuation CD PROJEKT S.A.

Equities

Market Closed - Warsaw S.E. Other stock markets 09:25:41 05/06/2026 pm IST			5-day change	1st Jan Change
227.80 ^PLN	+0.13%		-2.06%	-5.48%

04/06	Oddo BHF Upgrades CD Projekt to Neutral, Lifts PT	MT
02/06	Poland - Factors to Watch June 2	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	19,433	13,064	11,490	19,128	24,078	22,740	-	-
Change	-	-32.77%	-12.05%	66.48%	25.88%	-5.56%	-	-
Enterprise Value (EV) ¹	18,495	12,198	10,631	17,958	23,111	21,688	20,681	20,571
Change	-	-34.05%	-12.85%	68.92%	28.7%	-6.16%	-4.64%	-0.54%
P/E ratio	93.2x	37.7x	24x	40.9x	40.8x	59.3x	14.4x	16.3x
PBR	10.3x	-	4.8x	6.83x	7.32x	6.41x	4.47x	4.1x
PEG	-	0.6x	0.6x	-16.36x	1.6x	-1.7x	0x	-1.4x
Capitalization / Revenue	21.9x	13.7x	9.34x	19.4x	27.8x	29.4x	6.58x	9x
EV / Revenue	20.8x	12.8x	8.64x	18.2x	26.7x	28x	5.99x	8.14x
EV / EBITDA	54.8x	24.7x	14.9x	37x	42.9x	43.6x	7.93x	11.3x
EV / EBIT	79.4x	32.3x	22.7x	49.1x	49.1x	56.9x	11.6x	13.2x
EV / FCF	23.6x	81.4x	37.8x	103x	492x	-100x	17.6x	18.1x
FCF Yield	4.24%	1.23%	2.64%	0.97%	0.2%	-1%	5.69%	5.51%
Dividend per Share ²	5	-	1	1	1	1.014	3.101	3.57
Rate of return	2.59%	-	0.87%	0.52%	0.41%	0.44%	1.36%	1.57%
EPS ²	2.07	3.44	4.8	4.68	5.9	3.841	15.84	14
Distribution rate	242%	-	20.8%	21.4%	16.9%	26.4%	19.6%	25.5%
Net sales ¹	888.2	952.6	1,230	985	867	773.3	3,454	2,526
EBITDA ¹	337.6	494.8	714.1	485.3	539.3	497.1	2,607	1,814
EBIT ¹	232.9	377.3	469	365.5	470.6	381.4	1,781	1,553
Net income ¹	208.9	347.1	481.1	469.9	594.7	438.4	1,784	1,206
Net Debt ¹	-937.5	-866.2	-858.9	-1,170	-967.5	-1,051	-2,058	-2,169
Reference price ²	192.90	129.64	115.00	191.45	241.00	227.80	227.80	227.80
Nbr of stocks (in thousands)	1,00,739	1,00,771	99,911	99,911	99,911	99,823	-	-
Announcement Date	14/04/22	30/03/23	28/03/24	24/03/25	19/03/26	-	-	-

¹PLN in Million²PLN

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CD PROJEKT S.A.	59.31x	28.04x	43.63x	0.44%	618.62Cr
APPLOVIN CORPORATION	34.59x	22.5x	26.71x	-.--%	19TCr
ADOBE INC.	13.76x	3.81x	7.99x	-.--%	10TCr
DATADOG, INC.	420.04x	18.11x	72.94x	-.--%	8.33TCr
ELECTRONIC ARTS INC.	36.29x	5.84x	16.28x	0.38%	5.09TCr
AUTODESK, INC.	27.12x	5.81x	14.1x	-.--%	4.86TCr
WORKDAY INC.	35.11x	3.14x	9.42x	-.--%	3.56TCr
ROPER TECHNOLOGIES, INC.	20.45x	4.93x	12.58x	1.02%	3.35TCr
PTC INC.	15.23x	6.16x	12.45x	-.--%	1.58TCr
GRAB HOLDINGS LIMITED	32.61x	2.09x	12.13x	-.--%	1.37TCr
Average	69.45x	10.04x	22.82x	0.18%	5.76TCr
Weighted average by Cap.	85.06x	12.60x	25.66x	0.1%