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Ten Square Games S.A. (TEN.WA)

PLN89.50 +1.20 (+1.36%)
PL WSE Technology Electronic Gaming & Multimedia
Address ul. Traugutta 45 50-416
Wroclaw, PL
CEO Andrzej Ilczuk
IPO 2018-09-25
ISIN PLTSQGM00016

Explore sections of this company profile

Description

Operating on a global scale, Ten Square Games S.A. specializes in the full lifecycle of digital entertainment, encompassing the development, production, distribution, licensing, and continuous support for computer software, as well as games across PC, console, online, and mobile platforms. The company additionally offers its own online environments for computer games. Its collection of free-to-play titles is made available through social media platforms, an extensive network of partner sites, and major digital marketplaces including Google Play, the App Store, Huawei's platform, and the Microsoft Store. Founded in 2011, Ten Square Games S.A. is headquartered in Wroclaw, Poland.

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
PLN89.50 +1.20 (+1.36%)
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Volume Profile
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Liquidity & share structure
Average Volume
26.1K
Beta
0.59
Float Shares
4.22M
Free Float %
66.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-6.70% -5.83% -4.60% -0.49% +8.42% +7.96% +3.99% +21.07% -73.82% +64.03% +64.03%
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
89.50
DCF (Unlevered) 699.08 +681.1%
DCF (Levered) 751.36 +739.5%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 40% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 2 -1
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.75
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
4 / 5
High
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Electronic Gaming & Multimedia: +4.1%
    -6.4% Q1'26: +2.0% (vs Q1'25)
  • EPS growth Electronic Gaming & Multimedia: +20.0%
    +24.6% Q1'26: -49.5% (vs Q1'25)
  • FCF margin FCF growth · Electronic Gaming & Multimedia: +41.4%
    +25.0% Q1'26: +18.2% (vs Q1'25)
  • EBIT margin Electronic Gaming & Multimedia: +10.3%
    +24.0% Q1'26: +14.4% (vs Q1'25)
  • ROIC Electronic Gaming & Multimedia: +6.6%
    +73.8% Q1'26: +45.9% (vs Q1'25)
  • Share dilution Electronic Gaming & Multimedia: +0.0%
    -7.9% Q1'26: -1.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electronic Gaming & Multimedia: -1.53×
    0.06× Q1'26: 0.08× (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 (0.69) × ERP
WACC = 99% × Ke + 1% × Kd (26.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 699.08 Current price: 89.50
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 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
1 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
115.26M
est: 114.75M (+0.4%)
241.13M
est: 236.13M (+2.1%)
578.19M
est: 621.35M (-6.9%)
634.05M
est: 681.98M (-7.0%)
538.56M
est: 538.55M (+0.0%)
436.08M
est: 411.81M (+5.9%)
386.45M
est: 394.52M (-2.0%)
361.90M
est: 364.56M (-0.7%)
370.20M
359.07M – 381.33M
+1.5% YoY
380.60M
358.17M – 403.03M
+2.8% YoY
378.00M
366.64M – 389.36M
-0.7% YoY
EBITDA
45.55M
est: 24.54M (+85.6%)
85.78M
est: 50.50M (+69.8%)
174.26M
est: 132.90M (+31.1%)
172.62M
est: 145.86M (+18.3%)
82.29M
est: 115.19M (-28.6%)
43.43M
est: 131.32M (-66.9%)
94.06M
est: 125.80M (-25.2%)
99.80M
est: 116.25M (-14.2%)
118.05M
114.50M – 121.60M
+1.5% YoY
121.36M
114.21M – 128.52M
+2.8% YoY
120.53M
116.91M – 124.16M
-0.7% YoY
EBIT
44.85M
est: 21.37M (+109.9%)
84.63M
est: 43.98M (+92.4%)
171.77M
est: 115.72M (+48.4%)
164.63M
est: 127.01M (+29.6%)
69.02M
est: 100.30M (-31.2%)
23.22M
est: 105.43M (-78.0%)
77.30M
est: 101.00M (-23.5%)
87.01M
est: 93.33M (-6.8%)
94.78M
91.93M – 97.62M
+1.5% YoY
97.44M
91.70M – 103.18M
+2.8% YoY
96.77M
93.86M – 99.68M
-0.7% YoY
Net Income
36.47M
est: 35.93M (+1.5%)
76.39M
est: 67.82M (+12.6%)
151.60M
est: 169.17M (-10.4%)
141.26M
est: 161.74M (-12.7%)
51.60M
est: 83.76M (-38.4%)
15.21M
est: 60.45M (-74.8%)
67.08M
est: 69.97M (-4.1%)
76.96M
est: 76.96M (+0.0%)
63.57M
61.08M – 66.05M
-17.4% YoY
72.68M
70.94M – 76.71M
+14.3% YoY
78.90M
75.82M – 81.98M
+8.6% YoY
SGA
62.88M
est: 74.36M (-15.4%)
144.24M
est: 153.02M (-5.7%)
380.26M
est: 402.67M (-5.6%)
409.96M
est: 441.95M (-7.2%)
370.68M
est: 349.01M (+6.2%)
270.97M
est: 261.24M (+3.7%)
242.05M
est: 250.27M (-3.3%)
213.27M
est: 231.27M (-7.8%)
234.85M
227.79M – 241.91M
+1.5% YoY
241.44M
227.21M – 255.67M
+2.8% YoY
239.79M
232.58M – 247.00M
-0.7% YoY
EPS
5.01
est: 5.20 (-3.7%)
10.55
est: 9.82 (+7.5%)
20.91
est: 24.49 (-14.6%)
19.41
est: 23.41 (-17.1%)
7.16
est: 12.20 (-41.3%)
2.07
est: 9.53 (-78.3%)
9.71
est: 11.00 (-11.7%)
12.10
est: 12.31 (-1.7%)
9.99
9.60 – 10.38
-18.8% YoY
11.60
11.15 – 12.06
+16.1% YoY
12.40
11.92 – 12.88
+6.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 A+ 4/5 3/5 5/5 5/5 4/5 4/5 3/5
2026-05-07 A+ 4/5 3/5 5/5 5/5 4/5 4/5 3/5
2026-05-06 A+ 4/5 3/5 5/5 5/5 4/5 4/5 3/5
2026-05-05 A+ 4/5 3/5 5/5 5/5 4/5 4/5 3/5
2026-05-04 A+ 4/5 3/5 5/5 5/5 4/5 4/5 3/5
2026-04-30 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-29 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-28 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-27 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-24 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-23 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-22 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-21 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-20 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-17 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5
2026-04-16 A 4/5 3/5 5/5 5/5 3/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
92.62M
OE per share TTM
14.47
Owner's Yield
13.57%
Maintenance CapEx ratio
20.06%
Maint CapEx / Avg PPE
2.5%

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 6 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.01% 87.5K 0.65%
2 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 115.0K 0.39%
3 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 89.4K 0.28%
4 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 70.9K 0.29%
5 State Street SPDR Portfolio Europe ETF SPEU 0.00% 3.2K 0.07%
6 Avantis Responsible Emerging Markets Equity ETF AVSE 0.00% 843.08 0.33%

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
400.9K
Shares Outstanding
6.36M

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
Andrzej Ilczuk Chief Executive Officer & President of the Management Board 1M male
Janusz Dziemidowicz Chief Technology Officer & Member of the Management Board 1M male
Magdalena Jurewicz Chief Financial Officer & Member of the Management Board 636.0K female
Nina Grabos IR, PR & ESG Director
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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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits