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G5EN.ST

G5 Entertainment AB (publ) (G5EN.ST) fair value

Communication Services · Electronic Gaming & Multimedia · Nasdaq Stockholm · Sweden
kr 65.20+0.31%
Market cap kr 496MNext earnings 2026-11-04Updated Oct 22, 2026
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Our verdict
Trades 16% below our fair value
Price
kr 65.20
Model fair valueConfidence: medium
kr 77.96
Only one of our models could value this stock with confidence, so use it as a guide.
Not used by alerts or posts.
Valued as a mature, profitable company: P/E comparison.
ACCE opinionG5 Entertainment AB (publ) (G5EN.ST)
Fair value
Not available
ACCE price target
kr 85.00
Rating
Not rated
Horizon
12 months
ACCE price target published on 23 Oct 2026, 01:52 CEST.
Price used: kr 65.20 at the close on 23 Oct 2026, 17:30 CEST.
Models: P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
50
out of 100
P/E
21.0x
forward 4.9x
1-year return
-30.6%
Dividend yield
3.08%

G5 Entertainment AB (publ) in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

G5 Entertainment is a Stockholm-listed developer and publisher of free-to-play mobile puzzle and casual games, best known for its Hidden Object and match-three titles sold through Apple's and Google's app stores. The business runs on a high gross margin of 72.1%, which reflects the low cost of distributing digital titles once built, and a live-operations model that keeps paying players engaged over long periods. Revenue fell 16.1% over the most recent period and the operating margin is still negative at -3.7%, so the thesis rests on whether the cost base can be brought back in line with sales. The stock trades on a trailing P/E of 20.9 against a forward P/E of 4.9, a gap that implies earnings are expected to recover sharply, though that forecast is only as good as the revenue stabilisation behind it. The fund's interest would be in whether the decline in top-line sales has bottomed out, since a return to growth at a 72% gross margin would move operating profit quickly, while further erosion would leave the shares cheap for a reason.

AI-assisted·How I use AIWritten Oct 23, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • high
    Shrinking revenue and earnings
    Revenue fell 16.1% year on year and earnings fell 15.8%, with a 5-year revenue CAGR of -7.0%. The business is contracting, not steady.
  • moderate
    Operating loss despite net profit
    Operating margin is -3.7% while net margin is +2.9%, so the reported profit leans on non-operating items rather than core trading.

AI research notes

AI-assisted·How I use AIWritten Oct 22, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Free cash flow over the last twelve months reached SEK 141M, and the stock yields 29.7% on that cash flow.
  • Analysts' average price target of SEK 104.50 sits 60.3% above the current share price.
  • The company has no debt, with debt to equity at 0.00, and it trimmed its diluted share count by 0.8% last year.
Why it could disappoint
  • Revenue fell 16.1% year over year, and the five-year average annual change is a decline of 7.0%.
  • Net margin is only 2.9% and return on equity is 5.4%, which is thin for a business that has been shrinking.
  • Earnings beat expectations by 425.5% in the latest quarter, a jump from a very low base that may not repeat.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 4, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where G5EN.ST's valuation models land
Price
kr 65.20
Model fair valueConfidence: medium
kr 77.96
Model
Fair value
Upside
P/E comparison
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Quality

INVESTOR
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  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

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The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

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Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Compare

Where it sits vs peers

News and Record

Recent performance

1 week
-2.7%
1 month
+1.2%
3 months
+4.8%
6 months
+5.2%
YTD
-28.8%
1 year
-30.6%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 01:52 CESTACCE price targetkr 85.00first publicationkr 65.00

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in SEK. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth7Value85Quality59Momentum47Total50
Valuation
Trailing P/E
21.0x
Forward P/E
4.9x
PEG
no data
P/B
1.02x
EV / Revenue
0.2x
Book value/sh
kr 6.34
Enterprise value
kr 211M
Profitability
ROE
5.4%
FCF yield
28.49%
ROIC
5.4%
Health and risk
Debt / equity
0.00
Dividend yield
3.08%
Beta
0.70

Price

-30.9% · 1Y

Ask anything about G5EN.ST

Answered from G5 Entertainment AB (publ) fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 50% of peers
low 0.0x21.0xhigh 236.5x
ROEbetter than 83% of peers
low -800%5%high 7%
Div yieldbetter than 100% of peers
low 0.0%3.1%high 3.1%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
G5EN.ST G5 Entertainment AB (publ)kr 65.20--21.0x5.4%5950
MYPS PLAYSTUDIOS Inc. Class A Common Stock$3.80----20.6%4755
ALATA.PA Atari SA€14.45----800.0%2943
AZRN.AS Azerion Group N.V.€0.63----426.0%1319
MAGI.ST MAG Interactive AB (publ)kr 9.46--236.5x-3.3%4356
CTW CTW Cayman Class A Ordinary Shares$1.75$27% above-6.6%5926
GCL GCL Global Holdings Ltd Ordinary Shares$0.94----67.3%1754

Sector report card

Where G5EN.ST ranks against its sector peers on each metric.

Computing percentiles…