Remedy Entertainment
17.62 EUR +1.38%11,139 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)
-33.69
EV/EBIT (adj.) (24e)
-26.2
P/B (24e)
3.78
Dividend yield-% (24e)
-
Target price
20.00 EUR
Recommendation
Accumulate
Updated
29.4.2024
NASDAQ Helsinki
REMEDY
Daily low / high price
17.36 / 17.78
EUR
Market cap
239.09M EUR
Turnover
31.76K EUR
Volume
1.8K
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
Latest videos
Financial calendar
Interim report
2024-08-09
Business review
2024-11-01
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 | 2024-03-28 | 83,100EUR |
Kaisa Salakka | 2023-09-27 | 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 | 17.62 | 17.62 | 17.62 | 17.62 |
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 | 239.3 | 241.0 | 242.8 | 244.5 |
Enterprise value | 452.8 | 473.3 | 241.0 | 315.9 | 229.8 | 239.4 | 240.5 | 216.5 |
EV/S | 11.0 | 10.6 | 5.5 | 9.3 | 4.7 | 4.1 | 3.6 | 2.1 |
EV/EBITDA | 32.5 | 32.8 | 126.5 | - | - | 80.1 | 29.9 | 5.4 |
EV/EBIT (adj.) | 62.5 | 41.5 | - | - | - | - | 248.9 | 9.2 |
EV/EBIT | 62.5 | 41.5 | - | - | - | - | 248.9 | 9.2 |
P/E (adj.) | 87.0 | 59.0 | - | - | - | - | 314.1 | 13.0 |
P/E | 87.0 | 59.0 | - | - | - | - | 314.1 | 13.0 |
P/B | 13.0 | 6.0 | 3.3 | 5.1 | 3.8 | 3.8 | 3.6 | 2.8 |
P/S | 11.5 | 11.8 | 6.7 | 10.1 | 4.9 | 4.1 | 3.6 | 2.4 |
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: Changes in Remedy's Core Management Team
Remedy's decision to discontinue early conceptualization Kestrel brings more focus to strategy
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