Play2Chill S.A (P2C) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Play2Chill S.A stock PLN 1.88, price PLN 2.26, that is 16.8% below the price, quality 65 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range 1.88 PLN – 23.00 PLN · fair‑value band 1.32 PLN – 2.46 PLN · the 2.26 PLN price screens above the 1.88 PLN fair value. As of Nov 4, 2026.
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Play2Chill S.A., together with its subsidiaries, produces and publishes games in Poland and internationally. The company offers simulation, strategic, and survival games for personal computers, consoles, and mobile devices. It exports its products.
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The company was founded in 2017 and is headquartered in Warsaw, Poland. Play2Chill S.A. operates as a subsidiary of PlayWay S.A.
Stock analysis
Play2Chill S.A (P2C) currently trades at 2.26 PLN, while our model-based Fair Value estimate is 1.88 PLN, 17% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 2.79 PLN per share, and 6 of the 23 models we run sit above the 2.26 PLN price.
Bear case: the Economic Profit group reads lowest at 0.5200 PLN, and 17 of the 23 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.32 PLN (bear) to 2.46 PLN (bull), the price of 2.26 PLN sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Play2Chill S.A reported revenue of 4.8M PLN in FY2025 versus 1.2M PLN in FY2022, a compound +58.4%/yr. Reported net income was 59.0K PLN in FY2025.
Key figures
Market cap 7.1M PLN (≈ $1.8M) Micro · P/S ratio 1.37 · EPS (TTM) −0.0100 PLN · Net margin −0.3% · Return on equity −0.3% · Return on assets (EBIT) 2.4% · Operating margin −1.4% · Revenue (TTM) 5.3M PLN.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 22 out of 100 (low confidence).
What moves the price
The share trades about 47% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 48% fair-value upside, at −17%, P2C screens richer than that median.
Fair Value models
Bear1.32 PLNFair Value 1.88 PLNBull2.46 PLN
Price 2.26 PLN · Downside -16.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.90/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+382.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+58.4%
’22
’23
’24
’25
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−42.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−42.0%
Dividend (yield on the price)0.0%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−1.2%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Poland: IMF forecast 3.1% a year to 2030, 4.6% from 2016 to 2025) that is about −4.2% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Gaming & Multimedia · 164 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Play2Chill S.A Fair Value". https://www.fairvalue-calculator.com/stock/P2C
Frequently asked questions
Is Play2Chill S.A (P2C) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 1.88 PLN versus a price of 2.26 PLN, about 17% lower (overvalued).
What is the fair value of P2C?
Our model-based fair value for Play2Chill S.A is 1.88 PLN (as of Nov 4, 2026), built from audited fundamentals. The current price: 2.26 PLN.
What is the quality score of P2C?
Play2Chill S.A has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Play2Chill S.A (P2C)?
Our model-based price target is the fair value of 1.88 PLN (as of Nov 4, 2026) from 23 valuation models. Cautious scenario 1.32 PLN, optimistic scenario 2.46 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the Play2Chill S.A stock forecast for 2026?
Our models put fair value at 1.88 PLN, about 17% lower versus a price of 2.26 PLN (overvalued). Cautious scenario 1.32 PLN, optimistic scenario 2.46 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of Play2Chill S.A (P2C)?
Play2Chill S.A reported trailing-twelve-month revenue of about 5.3M PLN (latest available figure, as of Nov 4, 2026).
What growth is priced into Play2Chill S.A (P2C)?
For today's price to be fair in a discounted-cash-flow model, Play2Chill S.A would have to grow free cash flow by -1.2 % per year for five years (discount rate 9.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 3 years revenue grew +58.4 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of P2C use?
Our models discount Play2Chill S.A at 9.3 %: a base by market capitalisation (nano), damped by beta 0.02, country premium for Poland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Play2Chill S.A that is -1.2 % per year a year over ten years, using the same discount rate (9.3 %) and the same formula as our fair value.
How much growth has Play2Chill S.A (P2C) delivered so far?
Over the past 3 years revenue at Play2Chill S.A grew +58.4 % a year. The price currently implies -1.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Play2Chill S.A (P2C) growing?
The median revenue growth in the sector is +11.3 % a year. That is the yardstick for the growth priced into Play2Chill S.A (-1.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Play2Chill S.A (P2C)?
The free-cash-flow yield on the price is 7.59 %: that much free cash flow Play2Chill S.A produces per unit of market value. When it exceeds the discount rate of our models (9.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Play2Chill S.A (P2C)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Play2Chill S.A it is 1.88 PLN per share (as of Nov 4, 2026), against a price of 2.26 PLN. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Play2Chill S.A stock overvalued or undervalued in 2026?
As of Nov 4, 2026, P2C trades above its calculated fair value: price 2.26 PLN, fair value 1.88 PLN, a gap of about −17% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of P2C?
No. The price is what the market pays today (2.26 PLN); the fair value is what the company's own numbers justify (1.88 PLN). For Play2Chill S.A the two are 0.3800 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is Play2Chill S.A worth?
The market values Play2Chill S.A at about 7.1M PLN (market capitalisation, as of Nov 4, 2026). Per share that is 2.26 PLN; our models calculate a fair value of 1.88 PLN per share.
What do the bullish and bearish scenarios say about P2C?
Our models span a range for Play2Chill S.A: cautious scenario 1.32 PLN, base 1.88 PLN, optimistic 2.46 PLN per share (as of Nov 4, 2026, price 2.26 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Play2Chill S.A (P2C)?
Balance-sheet figures for Play2Chill S.A (as of Nov 4, 2026): return on equity −0.3%. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is P2C from its 52-week high?
Play2Chill S.A trades at 2.26 PLN, about 47% below its 52-week high of 4.28 PLN and 20% above the low of 1.88 PLN (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of 1.88 PLN is for.
Which stocks are comparable to Play2Chill S.A?
From the same area (Communication Services) we also value NetEase, Inc, Take-Two Interactive Software, Inc, Roblox Corporation, Zhejiang Century Huatong Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Play2Chill S.A stock attractive at the current price?
The data as of Nov 4, 2026: price 2.26 PLN, calculated fair value 1.88 PLN (−17%), Quality Score 65/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of P2C calculated?
We run Play2Chill S.A through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 1.88 PLN, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0% above its aggregate fair value. Play2Chill S.A itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Play2Chill S.A (P2C)?
The closing price on Nov 4, 2026 was 2.26 PLN. Our model-based fair value is 1.88 PLN, about 17% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Play2Chill S.A right now?
Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (1.32 PLN to 2.46 PLN) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Play2Chill S.A
How large is the market capitalisation of Play2Chill S.A (P2C)?
The market capitalisation of Play2Chill S.A is 7.1M PLN (≈ $1.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Play2Chill S.A (P2C)?
The price-to-sales ratio of Play2Chill S.A is 1.37 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Play2Chill S.A (P2C)?
Earnings per share at Play2Chill S.A are −0.0100 PLN. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Play2Chill S.A (P2C)?
The net margin of Play2Chill S.A is −0.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Play2Chill S.A (P2C)?
The return on equity (ROE) of Play2Chill S.A is −0.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Play2Chill S.A (P2C)?
On an EBIT basis the return on assets of Play2Chill S.A is 2.4% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Play2Chill S.A (P2C)?
The operating margin of Play2Chill S.A is −1.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Play2Chill S.A (P2C)?
Revenue at Play2Chill S.A is growing +54.6% versus a year earlier (3y avg +58.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
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