An operating margin of 66%- What? Yes exactly PlayWay S.A. is a Polish producer and publisher of computer games, founded in 2011. The company produces and publishes computer games (mainly low and medium budget titles) and financially supports projects of other domestic development teams. Currently, it includes several dozen development groups whose productions represent various genres of video games.
Now for the rating:
Current Kgv is at 23
Kuv is at 14.5
Profit multiple is just at 15 which I personally find severely undervalued
Since 2017, sales have increased fivefold🚀 and profits have also steadily increased. To top it off, the company also pays a dividend of just under 3%.
Personally, I've held the stock in my portfolio since the middle of the year...The price has been running sideways since the beginning of the year which, in addition to the low valuation, is another signal that the price will rise soon. Feel free to write me your opinion in the comments. See you soon 👋
I know a few games from their website, but I don't see any reason to go in with them. I think gaming is a difficult industry, so I'd rather go with Sony, Microsoft, Nvidia or the like. Gaming companies are too dependent on the success of individual titles 🥴.
