ScoreWhy is Varsav Game Studios SA ?
1
Positive results in Mar 26
- NET SALES(HY) Higher at PLN 1.24 MM
- ROCE(HY) Highest at 10.86%
- NET PROFIT(Q) At PLN 0.17 MM has Grown at 197.94%
2
With ROE of 11.00%, it has a very attractive valuation with a 1.07 Price to Book Value
- Over the past year, while the stock has generated a return of 11.96%, its profits have risen by 105% ; the PEG ratio of the company is 0
Real-Time Research ReportHow much should you buy?
- Overall Portfolio exposure to Varsav Game Studios SA should be less than 10%
- Overall Portfolio exposure to Software Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Software Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Varsav Game Studios SA for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Varsav Game Studios SA
12.5%
-0.32
59.85%
Poland WIG
29.57%
1.74
17.24%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
19.23%
EBIT Growth (5y)
21.61%
EBIT to Interest (avg)
0.08
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.14
Tax Ratio
7.59%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.22%
ROE (avg)
8.16%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
1.07
EV to EBIT
9.91
EV to EBITDA
9.39
EV to Capital Employed
1.07
EV to Sales
6.09
PEG Ratio
0.01
Dividend Yield
NA
ROCE (Latest)
10.84%
ROE (Latest)
10.99%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend23What is working for the Company
NET SALES(HY)
Higher at PLN 1.24 MM
ROCE(HY)
Highest at 10.86%
NET PROFIT(Q)
At PLN 0.17 MM has Grown at 197.94%
RAW MATERIAL COST(Y)
Fallen by -188.49% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 3.37 times
PRE-TAX PROFIT(Q)
At PLN 0.17 MM has Grown at 154.84%
-6What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at PLN -3.66 MM
NET PROFIT(9M)
At PLN 0.75 MM has Grown at -40.01%
CASH AND EQV(HY)
Lowest at PLN 1.67 MM
INVENTORY TURNOVER RATIO(HY)
Lowest at 0.06 times
Here's what is working for Varsav Game Studios SA
Net Sales
At PLN 1.24 MM has Grown at 165.07%
Year on Year (YoY)MOJO Watch
Sales trend is very positive
Net Sales (PLN MM)
Net Profit
At PLN 0.17 MM has Grown at 197.94%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (PLN MM)
Net Sales
Higher at PLN 1.24 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the half year the company has already crossed sales of the previous twelve months
Net Sales (PLN MM)
Pre-Tax Profit
At PLN 0.17 MM has Grown at 154.84%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (PLN MM)
Debtors Turnover Ratio
Highest at 3.37 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -188.49% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Varsav Game Studios SA
Operating Cash Flow
Lowest at PLN -3.66 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (PLN MM)
Cash and Eqv
Lowest at PLN 1.67 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Inventory Turnover Ratio
Lowest at 0.06 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
