Obermatt

CD Projekt

WSE:CDR · PLOPTTC00011
EntertainmentMedium

360

33
EV / EBIT7
Price / Owner Earnings13
Owner Earnings Yield38
Dividend Yield59
Price/Sales1
EV / Gross Profit5
Price/Book5
Return on Capital78
Cash Return on Capital84
Return on Equity76
EBIT Margin99
Gross Profitability31
Cash Conversion26
Accruals7
Owner Earnings Margin98
Sales growth12
Profit Growth64
Long-Term EPS Growth42
Owner Earnings Growth85
Reinvestment22
Price momentum44
Debt load97
Refinancing60
Debt Payback100
Liquidity96
Analyst ratings9
Opinion Changes50
Price Target Upside16
Market mood91
Value Creation20/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

CD Projekt generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryPoland
IndustryEntertainment
SizeMedium
TypePublic Company
ExchangeWSE
Founded2001
Employees1,259
ISINPLOPTTC00011
Last UpdateApr 2, 2026
Themes
Video GamesDeveloper ToolsOnline Games

Description

Analysis

Hope premium

CD Projekt S.A. carries what we call a hope premium: an average business trading at an ambitious price. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is expensive. You pay 42.4× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone.

The trajectory is tepid and the balance sheet is sturdy. The company scores 20/20 on our value-creation score: strong value creator.

What to watch: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
45
2023202420252026

All-time high

73

Dec 2025

All-time low

12

Jan 2026

Average rank

54

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
1
1
1
9
Price/Earnings
3
3
9
29
Price/Book
5
12
29
22
Dividend Yield
59
59
69
75
Value (overall)
8
14
17
22

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →