CI Games S.A. (CIG) AI Stock Analysis

• Market Cap: €630.68M
• Dividend Yield: N/A
• Average Volume (3M): 591.28K
• Price to Earnings (P/E): 4721.4
• Beta (1Y): 0.44
• Revenue Growth: -77.36%
• EPS Growth: -99.33%
• Country: PL
• Employees: 160
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): N/A
• Shares Outstanding: 190,824,870
• 10 Day Avg. Volume: 530,374
• 30 Day Avg. Volume: 591,280
• PEG Ratio: 0.23
• Price to Book (P/B): 1.56
• Price to Sales (P/S): 2.96
• P/FCF Ratio: 13.12
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €2.98
• Price Target Upside: -9.67% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: zł3.00 ▼(-9.09% Downside)

CI Games S.A. has a moderate overall stock score primarily due to financial performance challenges, including declining revenues and profitability. The technical analysis suggests a neutral trend, but the extremely high P/E ratio indicates potential overvaluation. The absence of earnings call insights and corporate events limits additional context.

CI Games S.A. Business Overview & Revenue Model

Company Description

CI Games S.A. (CIG) is a Polish video game developer and publisher, primarily known for creating high-quality action and adventure games. The company operates in the interactive entertainment sector, focusing on developing titles for PC and console platforms. CIG's core products include the critically acclaimed 'Sniper Ghost Warrior' series, which emphasizes tactical shooting and stealth gameplay, as well as 'Lords of the Fallen', a dark fantasy action RPG that combines challenging combat with immersive storytelling.

How the Company Makes Money

CI Games generates revenue primarily through the sale of video game titles across various platforms, including physical and digital distribution. The company earns money from both direct game sales and additional revenue from downloadable content (DLC), expansions, and microtransactions within their games. Significant partnerships with major distributors and platforms, such as Steam and console manufacturers, enhance their market reach and sales potential. Seasonal sales and promotional campaigns also contribute to revenue spikes. Additionally, CI Games may receive funding through publishing agreements and potential licensing deals for merchandise related to their game franchises.

CI Games S.A. Financial Statement Overview

Summary

CI Games S.A. faces challenges with declining revenues and profitability, impacting overall financial performance. While the balance sheet remains stable with low leverage, the negative return on equity and cash flow constraints highlight areas for improvement. The company needs to focus on stabilizing revenue and enhancing profitability to improve its financial health.

Income Statement

CI Games S.A. has experienced significant revenue volatility, with a sharp decline in revenue growth rate of -68.29% in the most recent year. The company has struggled with profitability, as evidenced by negative net profit and EBIT margins. However, the EBITDA margin remains relatively strong at 53.76%, indicating some operational efficiency.

Balance Sheet

The company's balance sheet shows a low debt-to-equity ratio of 0.11, suggesting conservative leverage. However, the return on equity is negative, indicating challenges in generating returns for shareholders. The equity ratio is stable, reflecting a solid capital structure.

Cash Flow

CI Games S.A. has a strong operating cash flow to net income ratio of 2.91, indicating good cash generation relative to earnings. However, the free cash flow growth rate is negative, and the free cash flow to net income ratio is low, suggesting limited cash available for reinvestment or debt reduction.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	63.62M	80.79M	244.98M	56.69M	105.53M	46.01M
Gross Profit	25.17M	22.46M	136.43M	40.74M	65.93M	19.33M
EBITDA	37.63M	43.43M	26.76M	19.88M	63.19M	27.96M
Net Income	509.00K	-6.92M	13.05M	8.20M	38.34M	7.10M
Balance Sheet
Total Assets	259.69M	233.96M	274.99M	179.26M	152.11M	110.29M
Cash, Cash Equivalents and Short-Term Investments	8.51M	6.29M	30.23M	7.11M	37.84M	28.21M
Total Debt	26.66M	16.69M	60.13M	22.58M	4.89M	6.22M
Total Liabilities	93.68M	78.32M	114.72M	37.04M	17.00M	13.74M
Stockholders Equity	162.56M	153.05M	157.60M	140.81M	133.41M	96.38M
Cash Flow
Free Cash Flow	16.20M	18.20M	-11.89M	-48.49M	9.64M	18.15M
Operating Cash Flow	97.35M	89.52M	71.11M	31.74M	54.05M	40.61M
Investing Cash Flow	-90.75M	-77.96M	-82.99M	-80.11M	-43.98M	-22.89M
Financing Cash Flow	-9.68M	-35.58M	35.44M	17.24M	-420.00K	3.85M

CI Games S.A. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For PL:CIG, the sentiment is Positive. The current price of 3.3 is above the 20-day moving average (MA) of 3.02, above the 50-day MA of 3.02, and above the 200-day MA of 2.17, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 66.71 is Neutral, neither overbought nor oversold. The STOCH value of 87.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PL:CIG.

CI Games S.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TEN	76 Outperform	zł534.01M	7.17	39.06%	18.68%	-10.29%	28.76%
CDR	66 Neutral	zł25.61B	56.30	16.78%	0.39%	-24.57%	-19.36%
11B	63 Neutral	zł437.51M	27.59	6.66%	―	186.70%	―
BLO	63 Neutral	zł477.80M	29.77	17.10%	―	―	―
CIG	51 Neutral	€630.68M	4,721.43	0.39%	―	-77.36%	-99.33%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%