CD Projekt S.A.
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
4.44K75.04110.03115.36226.8843.095.7022.559.405.8910.6443.09
Price/Sales ratio
241.1032.2047.1949.8768.3514.493.085.303.422.3016.7416.74
Price/Book Value ratio
138.0350.0235.4726.1624.736.833.012.481.601.171.816.83
Price/Cash Flow ratio
-5.02K69.15106.2399.71187.0834.869.264.868.034.636.3634.86
Price/Free Cash Flow ratio
-2.29K72.08143.70163.121.30K-189.8513.446.0021.7610.1142.7742.77
Price/Earnings Growth ratio
-66.740.01-4.12-5.43-4.910.070.01-0.270.140.150.00-4.91
Dividend Yield
N/AN/AN/A0.43%N/A1.33%N/A10.68%3.08%3.52%2.26%1.33%
Profitability Indicator Ratios
Gross Profit Margin
33.99%73.60%80.48%82.26%70.72%69.05%77.02%71.82%74.38%69.06%71.51%70.72%
Operating Profit Margin
6.39%53.15%51.98%52.01%30.97%34.58%54.09%26.22%39.61%38.12%36.66%30.97%
Pretax Profit Margin
9.70%52.82%53.41%53.40%33.90%36.28%54.46%24.66%41.27%43.77%40.84%33.90%
Net Profit Margin
5.41%42.91%42.89%43.23%30.12%33.63%53.96%23.52%36.43%39.10%39.39%30.12%
Effective Tax Rate
-1.89%18.77%19.69%19.05%11.13%7.32%0.91%4.65%11.72%10.65%3.54%7.32%
Return on Assets
2.09%50.80%28.63%20.40%9.70%12.48%39.88%9.67%15.26%18.40%15.94%9.70%
Return On Equity
3.10%66.66%32.24%22.68%10.90%15.85%52.77%11.02%17.06%20.01%17.62%10.90%
Return on Capital Employed
3.61%79.72%38.66%27.16%11.13%15.94%49.16%12.06%18.23%19.20%15.75%11.13%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A7.84N/A
Quick Ratio
0.753.667.847.686.292.603.925.415.586.777.826.29
Cash ratio
0.432.776.200.700.880.181.041.801.351.040.500.18
Days of Sales Outstanding
24.2740.1144.7136.4437.2290.72205.7351.4863.3357.41N/A90.72
Days of Inventory outstanding
554.8259.261.281.430.8829.105.1623.1719.003.423.730.88
Operating Cycle
579.0999.3846.0037.8838.10119.83210.9074.6682.3360.843.73119.83
Days of Payables Outstanding
118.0339.1789.38166.00171.46135.4685.7577.86107.8956.4270.11135.46
Cash Conversion Cycle
461.0660.21-43.37-128.12-133.35-15.63125.14-3.20-25.554.41-66.38-133.35
Debt Ratios
Debt Ratio
0.00-0.07N/A-0.05-0.00-0.15-0.14-0.06-0.01N/AN/A-0.00
Debt Equity Ratio
0.00-0.09N/A-0.06-0.00-0.19-0.19-0.07-0.01N/AN/A-0.00
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
0.00-0.10N/A-0.06-0.00-0.23-0.23-0.08-0.01N/AN/A-0.00
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A471.96N/A
Cash Flow to Debt Ratio
-1.15K-7.34N/A-4.07-21.29-1.02-1.68-6.50-15.28N/AN/A-21.29
Company Equity Multiplier
1.481.311.121.111.121.261.321.131.111.081.071.26
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.040.460.440.500.360.410.331.080.420.490.650.36
Free Cash Flow / Operating Cash Flow Ratio
2.190.950.730.610.14-0.180.680.810.360.450.590.14
Cash Flow Coverage Ratio
-1.15K-7.34N/A-4.07-21.29-1.02-1.68-6.50-15.28N/AN/A-21.29
Short Term Coverage Ratio
-1.15K-7.34N/A-4.07-21.29-1.02-1.68-6.50-15.28N/AN/A-21.29
Dividend Payout Ratio
N/AN/AN/A50.39%N/A57.56%N/A241.10%29.02%20.76%22.74%57.56%