Embracer Group AB
STO:EMBRAC B

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Embracer Group AB Logo
Embracer Group AB
STO:EMBRAC B
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Price: 63.06 SEK 0.64% Market Closed
Market Cap: kr13.9B

P/B

0.6
Current
28%
Cheaper
vs 3-y average of 0.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
kr12.3B
/
Total Equity
kr26B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.6
=
Market Cap
kr12.3B
/
Total Equity
kr26B

Valuation Scenarios

Embracer Group AB is trading below its 3-year average

If P/B returns to its 3-Year Average (0.8), the stock would be worth kr87.02 (38% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+295%
Average Upside
139%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.6 kr63.06
0%
3-Year Average 0.8 kr87.02
+38%
5-Year Average 1 kr110.84
+76%
Industry Average 1.4 kr156.45
+148%
Country Average 2.2 kr249.32
+295%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
SE
Embracer Group AB
STO:EMBRAC B
Average P/E: 29.3
1.7
-34%
N/A
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
CN
NetEase Inc
NASDAQ:NTES
14.4
14%
1
JP
Nintendo Co Ltd
TSE:7974
23.1
26%
0.9
US
Electronic Arts Inc
NASDAQ:EA
74.5
32%
2.3
SG
Sea Ltd
NYSE:SE
29.6
27%
1.1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -37.3 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -9.8 N/A N/A
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
32.3
104%
0.3
JP
Konami Holdings Corp
TSE:9766
31.4
22%
1.4
JP
N
Nexon Co Ltd
TSE:3659
22.8
18%
1.3

Market Distribution

Lower than 94% of companies in Sweden
Percentile
6th
Based on 1 382 companies
6th percentile
0.6
Low
0 — 1.2
Typical Range
1.2 — 3.7
High
3.7 —
Distribution Statistics
Sweden
Min 0
30th Percentile 1.2
Median 2.2
70th Percentile 3.7
Max 283.3

Embracer Group AB
Glance View

Market Cap
13.9B SEK
Industry
Media

Founded in Sweden, Embracer Group AB has carved out a niche in the global video gaming industry, evolving into a powerhouse through strategic acquisitions and diverse gaming ventures. The company, originally known as THQ Nordic, began its journey in the 1990s and has since expanded its portfolio to include a wide variety of game development studios, publishing arms, and intellectual properties. These expansions have been driven by the emphasis on acquiring both underutilized and successful IPs, giving the company a robust library that appeals to various gaming demographics. From action-adventure games to niche RPGs, Embracer Group leverages this portfolio to engage a broad audience, effectively monetizing through game sales, downloadable content (DLC), and sometimes merchandizing. The business model thrives on a decentralized operating structure, where acquired studios maintain a high degree of independence, fostering creativity and innovation within each entity. Embracer Group capitalizes on synergies between these studios by sharing technology, marketing strategies, and operational expertise, which collectively enhance overall efficiency and productivity. This autonomy empowers studios to align closely with player preferences and rapidly adapt to industry trends, which, in turn, reinforces Embracer's revenue streams across digital and physical game sales. While its focus remains primarily on PC and console platforms, the company is always exploring new avenues such as mobile gaming and subscription-based models, ensuring steady growth and resilience in an ever-evolving entertainment landscape.

EMBRAC B Intrinsic Value
126.77 SEK
Undervaluation 50%
Intrinsic Value
Price kr63.06
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