Remedy Entertainment
19.1 EUR -0.52%11,165 investors are following this company
Remedy Entertainment is a game developer. The business is primarily focused on the development of action games, with a particular focus on 3D technology. Examples of games developed by the company include several different versions of Alan Wake, Max Payne, and Control. Remedy also develops its own game engine and utility technology that powers many of the games. The company was founded in 1995 and has its headquarters in Espoo.
P/E (24e)
-36.52
EV/EBIT (adj.) (24e)
-28.49
P/B (24e)
4.1
Dividend yield-% (24e)
-
Target price
20.00 EUR
Recommendation
Accumulate
Updated
29.4.2024
NASDAQ Helsinki
REMEDY
Daily low / high price
18.88 / 19.4
EUR
Market cap
258.86M EUR
Turnover
151.02K EUR
Volume
7.9K
Business risk
Valuation risk
Current
Previous
Latest research
Extensive report
Inderes' extensive report is an investor's handbook on customer companies covered by our research.
The latest extensive report was released
Read the reportAnalyst
Atte Riikola
Analyst
Financial calendar
Interim report
09.08.2024
Business review
01.11.2024
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Mäki Markus Heimo Tapio | 23.7 % | 23.7 % |
Järvi Sami Antero | 4.1 % | 4.1 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Christopher Schmitz | 28.03.2024 | 83,100EUR |
Kaisa Salakka | 27.09.2023 | 15,038EUR |
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This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 41.1 | 44.7 | 43.6 | 33.9 | 48.6 | 59.0 | 67.7 | 101.1 |
growth-% | 29.8 % | 8.9 % | -2.5 % | -22.2 % | 43.3 % | 21.3 % | 14.8 % | 49.3 % |
EBITDA | 14.0 | 14.5 | 1.9 | -17.0 | -3.4 | 3.0 | 8.0 | 40.0 |
EBIT (adj.) | 7.2 | 11.4 | -0.6 | -28.6 | -8.8 | -3.1 | 1.0 | 23.6 |
EBIT | 7.2 | 11.4 | -0.6 | -28.6 | -8.8 | -3.1 | 1.0 | 23.6 |
Profit before taxes | 7.0 | 11.3 | -1.2 | -27.5 | -8.4 | -3.1 | 1.0 | 23.5 |
Net income | 5.4 | 8.8 | -1.7 | -22.7 | -7.1 | -2.5 | 0.8 | 18.8 |
EPS (adj.) | 0.45 | 0.67 | -0.13 | -1.68 | -0.52 | -0.18 | 0.06 | 1.35 |
growth-% | 3.3 % | 50.1 % | -119.1 % | 2,313.5 % | ||||
Dividend | 0.16 | 0.17 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio | 36.2 % | 25.7 % | -77.9 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 34.0 % | 32.3 % | 4.4 % | -50.0 % | -7.0 % | 5.1 % | 11.9 % | 39.6 % |
EBIT-% (adj.) | 17.6 % | 25.5 % | -1.3 % | -84.4 % | -18.0 % | -5.2 % | 1.4 % | 23.3 % |
EBIT-% | 17.6 % | 25.5 % | -1.3 % | -84.4 % | -18.0 % | -5.2 % | 1.4 % | 23.3 % |
ROE | 17.3 % | 14.2 % | -2.0 % | -29.0 % | -10.8 % | -3.9 % | 1.2 % | 24.2 % |
ROI | 20.2 % | 17.1 % | -0.6 % | -35.2 % | -12.7 % | -4.6 % | 1.4 % | 29.3 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 39.00 | 39.70 | 21.85 | 25.40 | 19.10 | 19.10 | 19.10 | 19.10 |
Shares | 12.1 | 13.3 | 13.4 | 13.5 | 13.6 | 13.7 | 13.8 | 13.9 |
Market cap | 470.8 | 528.0 | 293.9 | 342.7 | 259.5 | 261.2 | 263.2 | 265.1 |
Enterprise value | 452.8 | 473.3 | 241.0 | 315.9 | 249.9 | 259.6 | 260.9 | 237.1 |
EV/S | 11.0 | 10.6 | 5.5 | 9.3 | 5.1 | 4.4 | 3.9 | 2.3 |
EV/EBITDA | 32.5 | 32.8 | 126.5 | - | - | 86.9 | 32.5 | 5.9 |
EV/EBIT (adj.) | 62.5 | 41.5 | - | - | - | - | 270.0 | 10.0 |
EV/EBIT | 62.5 | 41.5 | - | - | - | - | 270.0 | 10.0 |
P/E (adj.) | 87.0 | 59.0 | - | - | - | - | 340.4 | 14.1 |
P/E | 87.0 | 59.0 | - | - | - | - | 340.4 | 14.1 |
P/B | 13.0 | 6.0 | 3.3 | 5.1 | 4.1 | 4.1 | 3.9 | 3.0 |
P/S | 11.5 | 11.8 | 6.7 | 10.1 | 5.3 | 4.4 | 3.9 | 2.6 |
Dividend yield | 0.4 % | 0.4 % | 0.5 % | |||||
Equity ratio | 70.4 % | 86.4 % | 88.8 % | 85.5 % | 86.1 % | 82.9 % | 82.7 % | 85.7 % |
Gearing ratio | -49.8 % | -62.5 % | -59.8 % | -39.5 % | -15.1 % | -2.6 % | -3.3 % | -31.7 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 8.9 | 7.8 | 10.3 | 33.9 | 10.8 | 7.5 | 14.6 | 15.7 | 48.6 |
EBITDA | -4.0 | -4.2 | -3.9 | -17.0 | -1.2 | -5.3 | 1.4 | 1.7 | -3.4 |
EBIT | -4.8 | -5.5 | -12.7 | -28.6 | -2.1 | -6.8 | -0.1 | 0.2 | -8.8 |
Profit before taxes | -4.4 | -5.5 | -12.0 | -27.5 | -2.0 | -6.7 | -0.0 | 0.3 | -8.4 |
Net income | -2.7 | -4.4 | -9.9 | -22.7 | -2.0 | -5.4 | -0.0 | 0.3 | -7.1 |
ShowingAll content types
Remedy Entertainment Oyj: Remedy Entertainment Plc: Business Review January-March 2024: Franchise strategy clarified by the Control publishing rights acquisition
Remedy Entertainment Oyj: Remedy Entertainment Plc: Working Capital Advisors (UK) Ltd's shareholding in Remedy has gone below the 5 percent threshold
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