Embracer Group AB
STO:EMBRAC B

Watchlist Manager
Embracer Group AB Logo
Embracer Group AB
STO:EMBRAC B
Watchlist
Price: 63.1 SEK 0.16% Market Closed
Market Cap: kr13.9B

P/FCFE

-2.8
Current
65%
Cheaper
vs 3-y average of -8

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-2.8
=
Market Cap
kr12.3B
/
Free Cash Flow to Equity
kr-5.1B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-2.8
=
Market Cap
kr12.3B
/
Free Cash Flow to Equity
kr-5.1B

Valuation Scenarios

Embracer Group AB is trading above its industry average

If P/FCFE returns to its Industry Average (17.4), the stock would be worth kr-390.52 (719% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-859%
Maximum Upside
No Upside Scenarios
Average Downside
789%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -2.8 kr63.1
0%
Industry Average 17.4 kr-390.52
-719%
Country Average 21.3 kr-478.71
-859%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
Market Cap P/FCFE P/E
SE
Embracer Group AB
STO:EMBRAC B
14.4B SEK -2.8 1.7
CN
NetEase Inc
NASDAQ:NTES
75.7B USD 12.3 15.5
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 30.3 34.2
JP
Nintendo Co Ltd
TSE:7974
8.8T JPY 66.4 22.1
US
Electronic Arts Inc
NASDAQ:EA
50.6B USD 22.3 74.3
SG
Sea Ltd
NYSE:SE
46.4B USD 9.9 29.9
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
39.6B USD -355.5 -10.1
US
Roblox Corp
NYSE:RBLX
39.1B USD 24.9 -30.7
CN
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
118.9B CNY 21.6 31.6
JP
Konami Holdings Corp
TSE:9766
2.6T JPY 106 29.9
JP
Nexon Co Ltd
TSE:3659
2.1T JPY 13.2 22.3
P/E Multiple
Earnings Growth PEG
SE
Embracer Group AB
STO:EMBRAC B
Average P/E: 29.1
1.7
-34%
N/A
CN
NetEase Inc
NASDAQ:NTES
15.5
14%
1.1
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
JP
Nintendo Co Ltd
TSE:7974
22.1
26%
0.8
US
Electronic Arts Inc
NASDAQ:EA
74.3
32%
2.3
SG
Sea Ltd
NYSE:SE
29.9
27%
1.1
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -10.1 N/A N/A
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -30.7 N/A N/A
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
31.6
104%
0.3
JP
Konami Holdings Corp
TSE:9766
29.9
22%
1.4
JP
N
Nexon Co Ltd
TSE:3659
22.3
18%
1.2

Market Distribution

Lower than 100% of companies in Sweden
Percentile
0th
Based on 1 043 companies
0th percentile
-2.8
Low
0.6 — 12.2
Typical Range
12.2 — 31.9
High
31.9 —
Distribution Statistics
Sweden
Min 0.6
30th Percentile 12.2
Median 21.3
70th Percentile 31.9
Max 19 008.8

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 kr63.1
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett