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11 bit studios S.A. (11B.WA)

PLN134.30 +2.30 (+1.74%)
PL WSE Technology Electronic Gaming & Multimedia
Address Brzeska 2 03-737
Warsaw, PL
CEO Przemyslaw Piotr Marszal
IPO 2011-01-12
ISIN PL11BTS00015

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Description

Headquartered in Warsaw, Poland, 11 bit studios S.A., established in 2009, is a global creator and distributor of multi-platform video games, which it markets through dedicated online marketplaces.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
PLN134.30 +2.30 (+1.74%)
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Volume Profile
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Liquidity & share structure
Average Volume
9.8K
Beta
0.19
Float Shares
2.02M
Free Float %
83.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.92% -3.16% -8.11% +9.29% -2.30% +2.82% -26.86% -75.83% -69.64% +106.76% +1,810.11%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
134.30
Ratings Trend (MoM) 25% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 0 0
Hold 4 +1
Sell 2 0
Strong Sell 0 0
Quality scores
Altman Z-Score
8.90
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
1 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Electronic Gaming & Multimedia: +4.1%
    +0.3% Q1'26: +13.1% (vs Q1'25)
  • EPS growth Electronic Gaming & Multimedia: +20.0%
    +0.7% Q1'26: +56.4% (vs Q1'25)
  • FCF margin FCF growth · Electronic Gaming & Multimedia: +41.4%
    +20.6% Q1'26: +25.8% (vs Q1'25)
  • EBIT margin Electronic Gaming & Multimedia: +10.3%
    +15.4% Q1'26: -15.7% (vs Q1'25)
  • ROIC Electronic Gaming & Multimedia: +6.6%
    +7.7% Q1'26: -6.6% (vs Q1'25)
  • Share dilution Electronic Gaming & Multimedia: +0.0%
    0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electronic Gaming & Multimedia: -1.53×
    0.06× Q1'26: 0.12× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.02) × ERP
WACC = 99% × Ke + 1% × Kd (6.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 134.30
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
1 EPS Ana.
Dec 2027
5 Rev. Ana.
1 EPS Ana.
Dec 2028
3 Rev. Ana.
2 EPS Ana.
Dec 2029
2 Rev. Ana.
Revenue
23.17M
est: 22.76M (+1.8%)
27.02M
est: 24.90M (+8.5%)
19.19M
est: 17.00M (+12.9%)
82.11M
est: 84.08M (-2.3%)
71.22M
est: 74.54M (-4.5%)
87.10M
est: 86.18M (+1.1%)
70.12M
est: 67.15M (+4.4%)
74.21M
est: 70.70M (+5.0%)
52.27M
est: 58.26M (-10.3%)
140.55M
est: 138.25M (+1.7%)
141.00M
est: 135.85M (+3.8%)
92.71M
85.43M – 97.52M
-31.8% YoY
87.39M
43.72M – 184.96M
-5.7% YoY
141.47M
137.56M – 145.38M
+61.9% YoY
199.70M
136.44M – 330.32M
+41.2% YoY
EBITDA
16.23M
est: 7.99M (+103.1%)
18.31M
est: 8.74M (+109.4%)
4.90M
est: 5.97M (-18.0%)
48.65M
est: 29.53M (+64.8%)
32.04M
est: 26.18M (+22.4%)
42.62M
est: 30.26M (+40.8%)
40.88M
est: 23.58M (+73.4%)
33.60M
est: 24.83M (+35.4%)
4.50M
est: 20.70M (-78.3%)
20.32M
est: 49.12M (-58.6%)
71.91M
est: 48.27M (+49.0%)
32.94M
30.35M – 34.65M
-31.8% YoY
31.05M
15.53M – 65.71M
-5.7% YoY
50.26M
48.87M – 51.65M
+61.9% YoY
70.95M
48.48M – 117.36M
+41.2% YoY
EBIT
13.76M
est: 5.95M (+131.3%)
15.73M
est: 6.51M (+141.6%)
4.39M
est: 4.45M (-1.2%)
48.11M
est: 21.98M (+118.8%)
27.06M
est: 19.49M (+38.8%)
40.79M
est: 22.53M (+81.0%)
31.96M
est: 17.56M (+82.0%)
27.71M
est: 18.49M (+49.9%)
326.9K
est: 11.57M (-97.2%)
509.8K
est: 27.45M (-98.1%)
21.68M
est: 26.98M (-19.6%)
18.41M
16.96M – 19.37M
-31.8% YoY
17.35M
8.68M – 36.73M
-5.7% YoY
28.09M
27.32M – 28.87M
+61.9% YoY
39.65M
27.09M – 65.59M
+41.2% YoY
Net Income
11.57M
est: 13.26M (-12.8%)
12.93M
est: 12.06M (+7.2%)
3.56M
est: 1.67M (+113.3%)
37.55M
est: 36.96M (+1.6%)
21.71M
est: 20.32M (+6.8%)
37.36M
est: 41.40M (-9.8%)
28.69M
est: 23.21M (+23.6%)
22.89M
est: 29.75M (-23.1%)
525.6K
est: -3.97M (+113.3%)
6.90M
est: 44.90M (-84.6%)
6.94M
est: 55.42M (-87.5%)
15.55M
6.60M – 20.76M
-71.9% YoY
1.80M
870.3K – 2.74M
-88.4% YoY
49.48M
46.96M – 58.96M
+2,642.8% YoY
— – —
-100.0% YoY
SGA
4.35M
est: 2.77M (+56.9%)
6.72M
est: 3.04M (+121.4%)
5.90M
est: 2.07M (+184.5%)
16.51M
est: 10.25M (+61.1%)
26.39M
est: 9.09M (+190.5%)
25.87M
est: 10.51M (+146.3%)
19.20M
est: 8.19M (+134.6%)
713.0K
est: 8.62M (-91.7%)
993.6K
est: 3.64M (-72.7%)
1.41M
est: 8.64M (-83.7%)
est: 8.49M (-100.0%)
5.79M
5.34M – 6.09M
-31.8% YoY
5.46M
2.73M – 11.56M
-5.7% YoY
8.84M
8.60M – 9.09M
+61.9% YoY
12.48M
8.53M – 20.64M
+41.2% YoY
EPS
5.22
est: 5.48 (-4.8%)
5.83
est: 4.99 (+16.8%)
1.52
est: 0.69 (+120.3%)
15.53
est: 15.29 (+1.6%)
10.37
est: 8.41 (+23.3%)
16.13
est: 17.13 (-5.8%)
12.17
est: 9.60 (+26.8%)
9.66
est: 10.30 (-6.3%)
0.22
est: -1.65 (+113.4%)
2.85
est: 15.24 (-81.3%)
2.87
est: 18.81 (-84.7%)
4.64
2.73 – 8.59
-75.3% YoY
0.61
0.36 – 1.13
-86.8% YoY
21.91
19.43 – 24.39
+3,479.1% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 A- 4/5 4/5 3/5 4/5 4/5 2/5 4/5
2026-05-25 A- 4/5 4/5 3/5 4/5 4/5 2/5 4/5
2026-05-22 A- 4/5 4/5 3/5 3/5 4/5 2/5 4/5
2026-05-21 A- 4/5 4/5 3/5 3/5 4/5 2/5 4/5
2026-05-20 A- 4/5 4/5 3/5 3/5 4/5 2/5 4/5
2026-05-19 A- 4/5 4/5 3/5 3/5 4/5 2/5 4/5
2026-05-18 A- 4/5 4/5 3/5 3/5 4/5 2/5 4/5
2026-05-15 B+ 3/5 4/5 3/5 3/5 3/5 2/5 4/5
2026-05-14 B+ 3/5 4/5 3/5 3/5 3/5 2/5 4/5
2026-05-13 B+ 3/5 4/5 3/5 3/5 3/5 2/5 4/5
2026-05-12 B+ 3/5 4/5 3/5 3/5 3/5 2/5 4/5
2026-05-11 A- 4/5 4/5 3/5 3/5 4/5 2/5 4/5
2026-05-08 A- 4/5 4/5 3/5 3/5 4/5 2/5 4/5
2026-05-07 A- 4/5 4/5 3/5 3/5 4/5 2/5 4/5
2026-05-06 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C- 1/5 3/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C+ 2/5 3/5 1/5 1/5 3/5 1/5 4/5
2026-04-20 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-04-17 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5
2026-04-16 B- 2/5 4/5 1/5 1/5 3/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
33.38M
OE per share TTM
13.80
Owner's Yield
9.03%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
29.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 4 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.01% 69.4K 0.65%
2 State Street SPDR Portfolio Emerging Markets ETF SPEM 0.00% 128.9K 0.07%
3 State Street SPDR Portfolio Europe ETF SPEU 0.00% 3.8K 0.07%
4 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.00% 141.25 0.56%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
73.7K
Shares Outstanding
2.42M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Grzegorz Miechowski Member of the Management Board 1M male
Marek Ziemak Member of the Management Board 1M male
Michal Wojciech Drozdowski Member of the Management Board 1M male
Pawel Feldman Member of the Management Board 1M male
Przemyslaw Piotr Marszal President of the Management Board 1M male
Dariusz Wolak Investor Relations Manager
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits