Remedy Entertainment
13.18
EUR
+2.17 %
REMEDY
NASDAQ Helsinki
Software
Technology
11,169 following
+2.17%
+0.46%
-17.73%
-22.65%
-34.1%
-48.11%
-50.26%
-67.17%
+24.93%
+97.01%
investors.remedygames.com
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 (adj.) (24e)
-31.8
EV/EBIT (adj.) (24e)
-24.24
P/B (24e)
2.88
Dividend yield-% (24e)
-
Target price
19.00 EUR
Recommendation
Buy
Updated
19.11.2024
NASDAQ Helsinki
REMEDY
Daily low / high price
12.94 / 13.28
EUR
Market cap
178.91M EUR
Turnover
13.96K EUR
Volume
1.1K
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
Annual report
2025-02-12
General meeting
2025-04-10
Business review
2025-04-30
Interim report
2025-08-12
Business review
2025-10-29
Forum updates
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 41.1 | 44.7 | 43.6 | 33.9 | 48.6 | 62.3 | 62.7 | 88.3 |
growth-% | 29.8 % | 8.9 % | -2.5 % | -22.2 % | 43.2 % | 28.3 % | 0.6 % | 40.8 % |
EBITDA | 14.0 | 14.5 | 1.9 | -17.0 | -0.1 | 8.0 | 7.8 | 22.0 |
EBIT (adj.) | 7.2 | 11.4 | -0.6 | -28.6 | -7.1 | 1.5 | -2.4 | 3.1 |
EBIT | 7.2 | 11.4 | -0.6 | -28.6 | -7.1 | 1.5 | -2.4 | 3.1 |
Profit before taxes | 7.0 | 11.3 | -1.2 | -27.5 | -6.7 | 1.5 | -2.4 | 3.0 |
Net income | 5.4 | 8.8 | -1.7 | -22.7 | -5.6 | 1.2 | -1.9 | 2.4 |
EPS (adj.) | 0.45 | 0.67 | -0.13 | -1.68 | -0.41 | 0.09 | -0.14 | 0.17 |
growth-% | 3.3 % | 50.1 % | -119.1 % | -256.1 % | ||||
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 % | -0.3 % | 12.8 % | 12.4 % | 24.9 % |
EBIT-% (adj.) | 17.6 % | 25.5 % | -1.3 % | -84.4 % | -14.7 % | 2.4 % | -3.8 % | 3.5 % |
EBIT-% | 17.6 % | 25.5 % | -1.3 % | -84.4 % | -14.7 % | 2.4 % | -3.8 % | 3.5 % |
ROE | 17.3 % | 14.2 % | -2.0 % | -29.0 % | -8.7 % | 1.9 % | -3.0 % | 3.8 % |
ROI | 20.2 % | 17.1 % | -0.6 % | -35.2 % | -9.4 % | 1.9 % | -3.0 % | 3.9 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 39.00 | 39.70 | 21.85 | 25.40 | 13.18 | 13.18 | 13.18 | 13.18 |
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 | 179.0 | 180.3 | 181.6 | 182.9 |
Enterprise value | 452.8 | 473.3 | 241.0 | 315.9 | 173.0 | 181.1 | 183.0 | 174.7 |
EV/S | 11.0 | 10.6 | 5.5 | 9.3 | 3.6 | 2.9 | 2.9 | 2.0 |
EV/EBITDA | 32.5 | 32.8 | 126.5 | - | - | 22.6 | 23.5 | 8.0 |
EV/EBIT (adj.) | 62.5 | 41.5 | - | - | - | 120.7 | - | 56.4 |
EV/EBIT | 62.5 | 41.5 | - | - | - | 120.7 | - | 56.4 |
P/E (adj.) | 87.0 | 59.0 | - | - | - | 150.2 | - | 76.3 |
P/E | 87.0 | 59.0 | - | - | - | 150.2 | - | 76.3 |
P/B | 13.0 | 6.0 | 3.3 | 5.1 | 2.9 | 2.8 | 3.0 | 2.9 |
P/S | 11.5 | 11.8 | 6.7 | 10.1 | 3.7 | 2.9 | 2.9 | 2.1 |
Dividend yield | 0.4 % | 0.4 % | 0.5 % | |||||
Equity ratio | 70.4 % | 86.4 % | 88.8 % | 85.5 % | 68.0 % | 70.5 % | 70.0 % | 69.2 % |
Gearing ratio | -49.8 % | -62.5 % | -59.8 % | -39.5 % | -9.8 % | 1.3 % | 2.3 % | -12.9 % |
Quarter data
Q4/23 | 2023 | Q1/24 | Q2/24 | Q3/24 | Q4/24e | 2024e | Q1/25e | Q2/25e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 10.3 | 33.9 | 10.8 | 10.3 | 17.9 | 9.6 | 48.6 | 11.4 | 10.5 |
EBITDA | -3.9 | -17.0 | -1.2 | -2.4 | 6.7 | -3.2 | -0.1 | -1.2 | -2.3 |
EBIT | -12.7 | -28.6 | -2.1 | -3.2 | 2.4 | -4.2 | -7.1 | -2.2 | -3.3 |
Profit before taxes | -12.0 | -27.5 | -2.0 | -2.9 | 2.4 | -4.1 | -6.7 | -2.2 | -3.3 |
Net income | -9.9 | -22.7 | -2.0 | -2.2 | 1.9 | -3.3 | -5.6 | -1.7 | -2.6 |
ShowingAll content types
Remedy Capital Markets Day 2024
Remedy Entertainment Plc: Remedy’s strategy 2025–2030 and financial objectives
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