Added to YB: 2024-05-28
Pitch date: 2024-05-25
PDX.ST [bullish]
Paradox Interactive AB (publ)
+9.24%
current return
Author Info
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Company Info
Paradox Interactive AB (publ) develops and publishes strategy and management games on PC and consoles in the United States, Rest of Europe, Sweden, and internationally.
Market Cap
SEK 17.4B
Pitch Price
SEK 149.22
Price Target
198.00 (+21%)
Dividend
1.82%
EV/EBITDA
21.60
P/E
27.29
EV/Sales
8.16
Sector
Entertainment
Category
growth
Paradox Interactive, Swedish Gaming
PDX.ST: Strategy game developer w/ strong niche. 16% 8yr rev CAGR, 27% margins, 29% ROIC beat peers. Low costs, high engagement & DLC sales drive success. Growth slowing to 5.5% as market saturates. New titles like Vampire crucial but risky. 22x PE24, 6% FCF yield. 198 SEK PT for 30% upside via DCF, comps & analyst avg. Quality name at pivotal moment needing new growth drivers.
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