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Ten Square Games S.A (TEN) Fair Value & Analysis

Communication Services · PL · Market cap 564M PLN

TS Ten Square Games S.A TEN · WAR
Price95.60 PLN
Fair Value213.66 PLN
Upside+123.5%
Quality95/100
Evidence: High Range 165.57 PLN – 261.75 PLN

Fair value as of: Jun 25, 2026

From 26 valuation models · updated 4 days ago

Share price −0.6% over the past month.

Price vs Fair Value (12 months)

109.39 PLN 75.22 PLN Fair Value 213.66 PLN Jun 2025 Jun 2026

12‑month range 75.22 PLN – 109.39 PLN · fair‑value band 165.57 PLN – 261.75 PLN · the 95.60 PLN price screens below the 213.66 PLN fair value. As of Jun 25, 2026.

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Analysis

Ten Square Games S.A (TEN) currently trades at 95.60 PLN, while our model-based Fair Value estimate is 213.66 PLN — implying the stock looks roughly 123.5% undervalued today. We read business quality at 95/100 (high quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Ten Square Games S.A generated revenue of 364M PLN at a net margin of 17.3%. Revenue grew 2.0% year over year. It earns a return on equity of 25.0%. The balance sheet holds a net cash position of 136M PLN. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) 364M PLN
Revenue growth (YoY) +2.0%
Net margin 17.3%
Return on equity 25.0%
Free cash flow 94.9M PLN FY2025
P/E ratio 9.1
More key figures
Operating margin 21.4%
EPS (TTM) 9.74 PLN
Dividend yield 11.3%
EPS growth (YoY) -50.6%
Net cash 136M PLN FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Ten Square Games S.A. engages in the publishing activity related to computer games in North America, Europe, Asia, South America, Australia, Oceania, and Africa. The company offers Fishing Clash; Hunting Clash; Let's Fish; Trophy Hunter; Wild Hunt; and Other games. It offers its games through digital distribution platforms and Stores. Ten Square Games S.A. was founded in 2011 and is based in Wroclaw, Poland.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ten Square Games S.A reported revenue of 362M PLN in FY2025 versus 634M PLN in FY2021, a compound −13.1%/yr. Reported net income was 77.0M PLN in FY2025, compounding −14.1%/yr from FY2021.

Revenue −13.1%/yr
FY21 634M PLN
FY22 539M PLN
FY23 436M PLN
FY24 386M PLN
FY25 362M PLN
Net income −14.1%/yr
FY21 141M PLN
FY22 51.6M PLN
FY23 15.2M PLN
FY24 67.1M PLN
FY25 77.0M PLN

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Similar stocks

6 more Electronic Gaming & Multimedia stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

Stock Price Fair Value vs Fair Value
Konami Group KNM £193.85 £0.7300 -100%
NetEase, Inc NTES $121.57 $251.46 +107%
Nintendo Co NTDOY $11.18 $15.81 +41%
Electronic Arts Inc EA $203.20 $58.78 -71%
Take-Two Interactive Software, Inc TTWO $239.57 $61.19 -74%
Zhejiang Century Huatong Group 002602 ¥13.46 ¥27.63 +105%

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Frequently asked questions

Is Ten Square Games S.A (TEN) undervalued?
As of Jun 25, 2026, our model estimates a fair value of 213.66 PLN versus a price of 95.60 PLN — about +123% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TEN?
Our 21-model fair value for Ten Square Games S.A is 213.66 PLN (as of Jun 25, 2026), built from audited fundamentals. The current price is 95.60 PLN.
What is the quality score of TEN?
Ten Square Games S.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ten Square Games S.A (TEN)?
Ten Square Games S.A reported trailing-twelve-month revenue of about 364M PLN (latest available figure, as of Jun 25, 2026).
What is the net profit margin of TEN?
The net profit margin of Ten Square Games S.A is about 17.3%, meaning it keeps roughly 17.3% of revenue as net income. Based on the latest reported figures.
Does Ten Square Games S.A pay a dividend?
Ten Square Games S.A currently shows a dividend yield of about 11.29% relative to its recent price (as of Jun 25, 2026).

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.