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5th Planet Games A/S (5PG) Fair Value & Analysis

Communication Services · NO · Market cap 363M NOK

5P 5th Planet Games A/S 5PG · OL
Pricekr 1.42
Fair Valuekr 0.1900
Upside-86.6%
Quality39/100
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Expensive Growth
Highly profitable · 43.8% net margin
Low debt · negative free cash flow
Trails peers (2/10)
Narrow moat 35/100
Evidence: Low Range kr 0.1500 – kr 0.2300 Share as image

Fair value as of: Jul 15, 2026

From 2 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from kr 0.1400 to kr 0.1900 (+35.7%) since Jul 11, 2026. Share price +6.4% over the past month.

Below-average quality, and screening another 87% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 0.2300). The favourable scenario is already priced in.
  • Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

kr 3.04 kr 0.6460 Fair Value kr 0.1900 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range kr 0.6460 – kr 3.04 · fair‑value band kr 0.1500 – kr 0.2300 · the kr 1.42 price screens above the kr 0.1900 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

5th Planet Games A/S (5PG) currently trades at kr 1.42, while our model-based Fair Value estimate is kr 0.1900, implying the stock looks roughly 86.6% overvalued today. The Quality Score stands at 39/100 (below-average quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Over the trailing twelve months, 5th Planet Games A/S generated revenue of 3.6M NOK at a net margin of 43.8%. Revenue grew 13.2% year over year. It earns a return on equity of 2.0%. The balance sheet holds a net cash position of 9.7M NOK. Fundamentals as of Jul 15, 2026

Our scenario range runs from kr 0.1500 (bear case) to kr 0.2300 (bull case); at kr 1.42, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 46% below its 52-week high and 128% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -19% fair-value upside, at -87%, 5PG screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
EV/EBITDA kr 0.1000 kr 0.1300 kr 0.1500 54
NCAV (Graham) kr 0.1400 kr 0.1900 kr 0.2900 50
All 2 models by family
Multiples
EV/EBITDA kr 0.1000 kr 0.1300 kr 0.1500 54
Asset-Based
NCAV (Graham) kr 0.1400 kr 0.1900 kr 0.2900 50

Widest divergence: Asset-Based (kr 0.1900) versus Multiples (kr 0.1300). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) 3.6M NOK
Revenue growth (YoY) +13.2%
Net margin 43.8%
Return on equity 2.0%
Free cash flow −698K NOK FY2025
P/E ratio 135.0
More key figures
Operating margin -240%
EPS (TTM) kr 0.0100
EPS growth (YoY) -55.6%
Net cash 9.7M NOK FY2024

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100

Of which business quality 40 · Market factors (momentum, volatility) 67

Profitability 6
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 76
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 50
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

5th Planet Games A/S engages in financing and publishing of video games worldwide. The company offers a catalogue of games, such as Frostpunk 2, Goodnight Universe, Stray, Darkest Dungeon, Predator Hunting Grounds, Killer Klowns From Outer Space, Funko Fusion, Closer the Distance, Atom Eve, Before Your Eyes, Wrestle Quest, Escape Academy, Glitch Busters, …

Full company description

5th Planet Games A/S engages in financing and publishing of video games worldwide. The company offers a catalogue of games, such as Frostpunk 2, Goodnight Universe, Stray, Darkest Dungeon, Predator Hunting Grounds, Killer Klowns From Outer Space, Funko Fusion, Closer the Distance, Atom Eve, Before Your Eyes, Wrestle Quest, Escape Academy, Glitch Busters, Hugo, Kick'N' Run, and Tintin Match. It is also involved in TV and film production. The company was formerly known as Hugo Games A/S and changed its name to 5th Planet Games A/S in November 2018. 5th Planet Games A/S was incorporated in 2011 and is based in Copenhagen, Denmark.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

5th Planet Games A/S reported revenue of kr 3.6M in FY2025 versus kr 4.8M in FY2021, a compound −7.1%/yr. Reported net income was −kr 1.4M in FY2025.

Growth Quality 35/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
3.6M NOK
Latest YoY
−71.6%
Avg. growth/yr (3Y) 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.
−31.8%
Avg. growth/yr (5Y) 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.
+4.7%
Avg. growth/yr (12Y) 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.
−3.3%
Revenue −7.1%/yr
FY21 kr 4.8M
FY22 kr 11.3M
FY23 kr 10.5M
FY24 kr 12.6M
FY25 kr 3.6M
Net income
FY21 −kr 16.3M
FY22 −kr 33.7M
FY23 kr 24.5M
FY24 −kr 4.9M
FY25 −kr 1.4M

5PG screens 87% overvalued. Compare with NetEase, Inc →

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Cite: Fair Value Calculator (2026). "5th Planet Games A/S Fair Value". https://www.fairvalue-calculator.com/stock/5PG

Peer Group

Electronic Gaming & Multimedia · 152 stocks

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.

Quality Score 40 · Bottom 25%
Fair Value upside −87% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets -3% · Below median
Net margin (TTM) 44% · Top 25%
Revenue growth 13% · Above median
Debt / equity 0.02× · Higher than median

Valuation Multiples vs Electronic Gaming & Multimedia median · lower = cheaper

P/E (TTM) 135.0× · Pricier than 75% of peers
P/B 4.69× · Pricier than 75% of peers
P/S (TTM) 99.64× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 15
FUTURE 66 · sector 10
PAST 8 · sector 11
HEALTH 99 · sector 99
DIVIDEND 0 · sector 41

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electronic Gaming & Multimedia stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
NetEase, Inc 9999 HK$202.60 HK$192.74 -5%
Electronic Arts Inc EA $207.27 $76.57 -63%
Take-Two Interactive Software, Inc TTWO $237.04 $60.45 -74%
Roblox Corporation RBLX $57.07 $21.20 -63%
Zhejiang Century Huatong Group 002602 ¥14.04 ¥14.68 +5%
KRAFTON, Inc 259960 240,500 KRW 395,557 KRW +64%
Kunlun Tech Co 300418 ¥44.61 ¥6.87 -85%
Giant Network Group 002558 ¥29.98 ¥15.69 -48%
International Games System Co 3293 704.00 TWD 568.16 TWD -19%
37 Interactive Entertainment Network Technology Group 002555 ¥19.02 ¥22.29 +17%

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Frequently asked questions

Is 5th Planet Games A/S (5PG) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of kr 0.1900 versus a price of kr 1.42, about −87% (overvalued).
What is the fair value of 5PG?
Our model-based fair value for 5th Planet Games A/S is kr 0.1900 (as of Jul 15, 2026), built from audited fundamentals. The current price is kr 1.42.
What is the quality score of 5PG?
5th Planet Games A/S has a Quality Score of 39/100. 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 revenue of 5th Planet Games A/S (5PG)?
5th Planet Games A/S reported trailing-twelve-month revenue of about 3.6M NOK (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 5PG?
The net profit margin of 5th Planet Games A/S is about 43.8%, meaning it keeps roughly 43.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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