Remedy: Increase your bets before the AWR release
Remedy's strategy and game projects are progressing decisively and the visibility of the growth drivers for coming years has strengthened this year. At the same time, the company's share has remained stagnate, which we believe provides long-term investors a good place to buy before the growth leap from new game releases. As a short-term positive driver, we see the launch of the Alan Wake Remastered game (AWR) on October 5, which is very likely to be a profitable project for Remedy.
Remedy Entertainment
Remedy Entertainment is a game developer. The business is primarily focused on the development of action games, with a particular focus on 3D technology. Examples of games developed by the company include several different versions of Alan Wake, Max Payne, and Control. Remedy also develops its own game engine and utility technology that powers many of the games. The company was founded in 1995 and has its headquarters in Espoo.
Read more on company pageKey Estimate Figures14.09.2021
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 41.1 | 46.3 | 49.1 |
growth-% | 29.83 % | 12.77 % | 5.86 % |
EBIT (adj.) | 13.2 | 15.6 | 14.7 |
EBIT-% (adj.) | 32.23 % | 33.76 % | 29.90 % |
EPS (adj.) | 0.86 | 0.95 | 0.89 |
Dividend | 0.15 | 0.20 | 0.25 |
Dividend % | 0.38 % | 1.05 % | 1.31 % |
P/E (adj.) | 45.55 | 20.03 | 21.36 |
EV/EBITDA | 31.50 | 10.97 | 10.63 |