Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation
CreativeForge Games S.A (CFG) fair value: what the stock is really worth
As of Oct 13, 2026: fair value of CreativeForge Games S.A PLN 0.62, price PLN 1.50, upside -58.7%, quality 43 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? No
- Add to watchlist
CG
Thin data
Oct 14, 2026
CreativeForge Games S.A
CFG · WARWeakest SetupStrongly overvalued and low quality.
Our calculation puts a fair price 59% below what the stock costs today.
Quality 43/100
Fair value 0.6200 PLN · Strongly overvalued (−58.7%)
Weak Growth (revenue 5y −18.6 %/yr in PLN)
Negative free cash flow
Trails peers (1/9)
Narrow moat 0/100
Thin data
Watch CreativeForge Games S.A for free: we tell you when fair value or trend changes.
Watch for free
What runs behind every stock
26
valuation models
8 families, DCF to NCAV
37
quality factors
margins, balance sheet, cashflow, debt
6
AI factors
moat, what no ratio measures
2,000+
data points
verified, per stock, median
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 14, 2026.
How to read this chart
60‑month range 1.46 PLN – 38.25 PLN · fair‑value band 0.4100 PLN – 0.7800 PLN · the 1.50 PLN price screens above the 0.6200 PLN fair value. Dashed = 300-day average. As of Oct 14, 2026.
Follow CreativeForge Games in your weekly email
Every Wednesday you see whether CreativeForge Games is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
CreativeForge Games S.A. produces and sells games worldwide. The company offers its products under the Death Omen, Night at Grandma's, Restaurant Owner, Builders of Greece, Colonize, Postal: Brain Damaged - These Sunny Daze DLC, Slender Reborn, and Oil Empire names. It sells its products through the Steam platform and other online platforms.
Show more
CreativeForge Games S.A. produces and sells games worldwide. The company offers its products under the Death Omen, Night at Grandma's, Restaurant Owner, Builders of Greece, Colonize, Postal: Brain Damaged - These Sunny Daze DLC, Slender Reborn, and Oil Empire names. It sells its products through the Steam platform and other online platforms. CreativeForge Games S.A. was incorporated in 2011 and is headquartered in Warsaw, Poland.
Stock analysis
CreativeForge Games S.A (CFG) currently trades at 1.50 PLN, while our model-based Fair Value estimate is 0.6200 PLN, 58.7% below the price, so the stock looks overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the evidence level at low.
Scenario range: 0.4100 PLN (bear) to 0.7800 PLN (bull), the price of 1.50 PLN sits above 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 43/100 (below-average quality), in the Communication Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
CreativeForge Games S.A reported revenue of 902K PLN in FY2025 versus 2.7M PLN in FY2021, a compound −24.2%/yr. Reported net income was −2.4M PLN in FY2025.
Key figures
Market cap 4.0M PLN (≈ $1.0M) · P/E ratio 79.5 · P/S ratio 6.21 · EPS (TTM) −0.0100 PLN · Return on equity −69.0% · Return on assets (EBIT) −19.5% · Operating margin −59.0% · Revenue (TTM) 644K PLN.
What moves the price
The share trades about 34% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 43% fair-value upside, at −59%, CFG screens richer than that median.
Fair Value models
Bear 0.4100 PLN
Fair Value 0.6200 PLN
Bull 0.7800 PLN
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. 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.
Evidence ⓘEvidence = 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.
Highest evidence
NCAV (Graham)
0.3700 PLN
0.4900 PLN
0.7300 PLN
51
All 1 models by family
Asset-Based
NCAV (Graham)
0.3700 PLN
0.4900 PLN
0.7300 PLN
51
Quality Score breakdown
Overall quality
43/100
Of which business quality 42 · Market factors (momentum, volatility) 20
Profitability
16
Margins and returns on capital today
Quality Growth
20
Are margins and returns improving?
Cashflow
0
Earnings quality: real cash, not paper profit
Fin. Strength
88
Balance sheet, leverage, solvency risk
Investment
67
Disciplined investing over empire-building
Low Volatility
38
Calm price path (market factor)
Momentum
19
Price trend over the last 3–12 months (market factor)
52W Momentum
2
Distance to the 52-week high (market factor)
Net Issuance
82
Share count: buybacks or dilution?
Revenue & earnings trend
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.
0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−66.2%
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.
−36.5%
Revenue growth 5 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.
−18.6%
Start year 2020 (pandemic)
Revenue growth 9 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.
−10.2%
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−35.6% (2020) → −50.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
CFG screens overvalued: fair value 59% below the price. Compare with NetEase, Inc →
Compare CreativeForge Games S.A with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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 · 141 stocks
Beats the industry median on 1/8 measures
Overall it trails its industry peers.
Valuation Multiplesvs Electronic Gaming & Multimedia median · lower = cheaper
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Valuation of the Poland market
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
Similar stocks
10 more Electronic Gaming & Multimedia stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| 37 Interactive Entertainment Network Technology Group 002555 | ¥17.00 | ¥39.02 | +130% | vs CFG |
| KRAFTON, Inc 259960 | 190,000 KRW | 410,472 KRW | +116% | vs CFG |
| Zhejiang Century Huatong Group 002602 | ¥13.46 | ¥27.63 | +105% | vs CFG |
| NetEase, Inc NTES | $125.41 | $254.81 | +103% | vs CFG |
| Giant Network Group 002558 | ¥22.41 | ¥31.97 | +43% | vs CFG |
| International Games System Co 3293 | 797.00 TWD | 1,094 TWD | +37% | vs CFG |
| Kingnet Network Co 002517 | ¥16.05 | ¥22.00 | +37% | vs CFG |
| CD Projekt S.A CDR | 263.00 PLN | 275.58 PLN | +5% | vs CFG |
| Roblox Corporation RBLX | $46.41 | $45.24 | −3% | vs CFG |
| Take-Two Interactive Software, Inc TTWO | $204.01 | $75.29 | −63% | vs CFG |
Explore undervalued stocks
More undervalued Communication Services stocks →
All undervalued stocks
TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
🥇 Backtested Best
🏆 Big Names
⭐ Top Rated
💎 Quality on Sale
🚀 Profitable Growth
🧊 Quality Compounders
💵 Dividend Stars
📈 Strong Momentum
📉 Fallen Angels
⚖️ Deeply Undervalued
🔍 Small-Cap Gems
🏰 Moat at a Fair Price
💼 Insider Buying
🎩 Buffett-Style Quality
📚 Peter Lynch GARP
🧮 Greenblatt Magic Formula
🛡️ Graham Defensive
Discover tools
Stock screenerFilter by region, size and sector
Compare toolTwo stocks side by side
Extrinsic Value Calculator…Calculator with industry benchmark
Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
Frequently asked questions
Is CreativeForge Games S.A (CFG) overvalued or undervalued?
As of Oct 14, 2026, our model estimates a fair value of 0.6200 PLN versus a price of 1.50 PLN, about −59% upside (overvalued).
What is the fair value of CFG?
Our model-based fair value for CreativeForge Games S.A is 0.6200 PLN (as of Oct 14, 2026), built from audited fundamentals. The current price: 1.50 PLN.
What is the quality score of CFG?
CreativeForge Games S.A has a Quality Score of 43/100. 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 CreativeForge Games S.A (CFG)?
Our model-based price target is the fair value of 0.6200 PLN (as of Oct 14, 2026) from 1 valuation models. Cautious scenario 0.4100 PLN, optimistic scenario 0.7800 PLN. It is a calculation from audited fundamentals, not an analyst target.
What is the CreativeForge Games S.A stock forecast for 2026?
Our models put fair value at 0.6200 PLN, about −59% upside versus a price of 1.50 PLN (overvalued). Cautious scenario 0.4100 PLN, optimistic scenario 0.7800 PLN. The calculation is refreshed regularly with new filings.
What is the revenue of CreativeForge Games S.A (CFG)?
CreativeForge Games S.A reported trailing-twelve-month revenue of about 644K PLN (latest available figure, as of Oct 14, 2026).
What is the intrinsic value of CreativeForge Games S.A (CFG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CreativeForge Games S.A it is 0.6200 PLN per share (as of Oct 14, 2026), against a price of 1.50 PLN. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is CreativeForge Games S.A stock overvalued or undervalued in 2026?
As of Oct 14, 2026, CFG trades above its calculated fair value: price 1.50 PLN, fair value 0.6200 PLN, a gap of about −59% (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 CFG?
No. The price is what the market pays today (1.50 PLN); the fair value is what the company's own numbers justify (0.6200 PLN). For CreativeForge Games S.A the two are 0.8800 PLN per share apart. That gap is exactly why we show both numbers side by side.
How much is CreativeForge Games S.A worth?
The market values CreativeForge Games S.A at about 4.0M PLN (market capitalisation, as of Oct 14, 2026). Per share that is 1.50 PLN; our models calculate a fair value of 0.6200 PLN per share.
What do the bullish and bearish scenarios say about CFG?
Our models span a range for CreativeForge Games S.A: cautious scenario 0.4100 PLN, base 0.6200 PLN, optimistic 0.7800 PLN per share (as of Oct 14, 2026, price 1.50 PLN). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CFG?
CreativeForge Games S.A trades at a price-to-earnings ratio of 79.5 (as of Oct 14, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.6200 PLN is built from several models across several years. Other multiples: P/B 0.5, P/S 1.6.
How solid is the balance sheet of CreativeForge Games S.A (CFG)?
Balance-sheet figures for CreativeForge Games S.A (as of Oct 14, 2026): return on equity −69.0%. They feed the Quality Score of 43/100, which measures business quality independently of the share price.
How far is CFG from its 52-week high?
CreativeForge Games S.A trades at 1.50 PLN, about 34% below its 52-week high of 2.29 PLN and 3% above the low of 1.46 PLN (as of Oct 13, 2026). Distance from the high says nothing about value: that is what the fair value of 0.6200 PLN is for.
Which stocks are comparable to CreativeForge Games 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 CreativeForge Games S.A stock attractive at the current price?
The data as of Oct 14, 2026: price 1.50 PLN, calculated fair value 0.6200 PLN (−59%), Quality Score 43/100, from 1 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 CFG calculated?
We run CreativeForge Games S.A through 1 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 0.6200 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 14.5 % above its aggregate fair value. CreativeForge Games 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 CreativeForge Games S.A (CFG)?
The closing price on Oct 13, 2026 was 1.50 PLN. Our model-based fair value is 0.6200 PLN, about −59% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with CreativeForge Games S.A right now?
The price sits above even our optimistic bull case (0.7800 PLN). The favourable scenario is already priced in. Weak quality (43/100) 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. A fairly wide model range (0.4100 PLN to 0.7800 PLN) leaves room in how you read the outcome.
Key figures of CreativeForge Games S.A
How large is the market capitalisation of CreativeForge Games S.A (CFG)?
The market capitalisation of CreativeForge Games S.A is 4.0M PLN (≈ $1.0M). 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 CreativeForge Games S.A (CFG)?
The price-to-sales ratio of CreativeForge Games S.A is 6.21 (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 CreativeForge Games S.A (CFG)?
Earnings per share at CreativeForge Games S.A are −0.0100 PLN (price ÷ EPS = P/E 79.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of CreativeForge Games S.A (CFG)?
The return on equity (ROE) of CreativeForge Games S.A is −69.0% (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 CreativeForge Games S.A (CFG)?
On an EBIT basis the return on assets of CreativeForge Games S.A is −19.5% (avg 5y). 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 CreativeForge Games S.A (CFG)?
The operating margin of CreativeForge Games S.A is −59.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at CreativeForge Games S.A (CFG)?
Revenue at CreativeForge Games S.A is growing −38.8% versus a year earlier (3y avg −36.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does CreativeForge Games S.A (CFG) generate?
The free cash flow of CreativeForge Games S.A is −615K PLN (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
Free · no account needed
Watch CreativeForge Games S.A in the live analysis
One click puts CreativeForge Games S.A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.