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Ubisoft Entertainment SA (UBI) Report Analysis

Corporate Events

Positive

Tencent Reportedly Seeks Bigger Stake in Ubisoft

2022-08-04 12:50:00

Tencent Holdings Limited (SEHK:700) planned to raise its stake in French video game group Ubisoft Entertainment SA (ENXTPA:UBI) as the Chinese...

Positive

Tencent Holdings Limited (SEHK:700) agreed to a...

2022-08-04 00:00:00

Tencent Holdings Limited (SEHK:700) agreed to acquire Ubisoft Entertainment SA (ENXTPA:UBI) from Guillemot family on August 4, 2022.

Neutral

Ubisoft Entertainment SA Provides Earnings Guid...

2022-07-21 15:40:00

Ubisoft Entertainment SA provided earnings guidance for the fiscal year 2023. The Company continues to expect significant net bookings growth ...

Positive

Ubisoft Entertainment SA Reports Sales Results ...

2022-07-21 15:40:00

Ubisoft Entertainment SA reported sales results for the first quarter of 2023. For the quarter, the company reported sales of €318.2 million a...

Neutral

Ubisoft Entertainment SA, Q1 2023 Sales/ Tradin...

2022-07-21 06:46:00

Ubisoft Entertainment SA, Q1 2023 Sales/ Trading Statement Call, Jul 21, 2022

Positive

Ubisoft Announces Tom Clancy’s The Division Resurgence

2022-07-06 16:00:00

Ubisoft announced Tom Clancy’s The Division® Resurgence, a new free-to-play, third-person shooter RPG mobile game from the Tom Clancy’s The Di...

Positive

Ubisoft Withdraws Proposed Tender Offer

2022-06-29 12:42:00

Given the current market conditions, Ubisoft has taken the decision to withdraw its proposed tender offer on its outstanding €500,000,000 1.28...

Neutral

Ubisoft Entertainment SA to Report Q1, 2023 Sal...

2022-06-22 15:09:00

Ubisoft Entertainment SA announced that they will report Q1, 2023 sales/trading statement results on Jul 21, 2022

Positive

Ubisoft Entertainment Launches First Investment...

2022-06-08 14:00:00

Ubisoft Entertainment is launching Ubisoft RADAR, its first-ever $10 million investment fund dedicated to identifying, financing, and supporti...

Positive

Ubisoft Bringing Ubisoft+ to PlayStation

2022-05-16 12:28:00

Ubisoft announced that it will bring its Ubisoft+ subscription to the PlayStation platform in the future. Ubisoft+ features more than 100 game...

Neutral

Ubisoft Entertainment SA, 2022 Earnings Call, M...

2022-05-11 09:03:00

Ubisoft Entertainment SA, 2022 Earnings Call, May 11, 2022

Negative

Ubisoft Appoints Marie-Sophie De Waubert as Sen...

2022-05-10 16:00:00

Ubisoft announced that Marie-Sophie de Waubert, currently Managing Director of Ubisoft Paris, is appointed Senior Vice President of Studios Op...

Neutral

Ubisoft Entertainment SA, Annual General Meetin...

2022-05-06 17:14:00

Ubisoft Entertainment SA, Annual General Meeting, Jul 05, 2022.

Positive

Cometh announced that it has received €9.4 mill...

2022-05-05 00:00:00

Cometh announced that it has received €9,400,000 in a round of funding led by new investors, White Star Capital, L.P., Ubisoft Entertainment S...

Positive

Ubisoft Reportedly Draws Buyout Interest

2022-04-22 00:00:00

Ubisoft Entertainment SA (ENXTPA:UBI) is attracting preliminary takeover interest from buyout funds, people with knowledge of the matter said....

Neutral

Ubisoft Entertainment SA to Report Fiscal Year ...

2022-04-09 08:11:00

Ubisoft Entertainment SA announced that they will report fiscal year 2022 results on May 11, 2022

Positive

Gadsme announced that it has received $8 millio...

2022-04-06 00:00:00

Gadsme announced that it has received $8 million in a round of funding led by new investor, Galaxy Interactive on April 6, 2022. The transacti...

Positive

Cross The Ages, LLC announced that it has recei...

2022-03-28 00:00:00

Cross The Ages, LLC announced that it has received $12 million in its Seed round of funding on March 28, 2022. The transaction included partic...

Positive

Dogami Sas announced that it has received $6 mi...

2021-12-21 00:00:00

Dogami Sas announced that it has received $6 million in a round of funding on December 21, 2021. The transaction included participation from n...

Negative

Ubisoft Entertainment SA Announces the Departur...

2021-12-13 17:08:00

Ubisoft Entertainment SA announced the departure of Virginie Haas, who served as Chief Studios Operating Officer of the group for the past 16 ...

Positive

Ubisoft Announces Ubisoft Quartz

2021-12-07 17:00:00

Ubisoft announced Ubisoft Quartz, a new platform for players to acquire Digits, the first NFTs (Non-Fungible Tokens) playable in an AAA game a...

Positive

Ubisoft Announces Opening of a New Studio in Sh...

2021-11-16 15:40:00

Ubisoft is announcing the opening of a fourth video game development studio in Quebec, in the city of Sherbrooke known as the academic and eco...

Neutral

Ubisoft Entertainment SA Provides Earnings Guid...

2021-10-28 15:40:00

Ubisoft Entertainment SA provided earnings guidance for the quarter ended December 31, 2021 and year ending March 31, 2022. For the quarter, t...

Neutral

Ubisoft Entertainment SA, H1 2022 Earnings Call...

2021-10-28 13:02:00

Ubisoft Entertainment SA, H1 2022 Earnings Call, Oct 28, 2021

Positive

Animoca Brands Corporation Limited announced th...

2021-10-20 00:00:00

Animoca Brands Corporation Limited announced that it has entered into a Subscription Agreement for the private placement of 43,850,317 shares ...

Negative

Ubisoft Entertainment SA Announces Executive Ap...

2021-09-07 16:00:00

Ubisoft announced that Igor Manceau, a Creative Director with more than 20-years’ experience at the company, is being appointed as its Chief C...

Positive

Tencent Reportedly Seeks Bigger Stake in Ubisoft

2022-08-04 12:50:00

Tencent Holdings Limited (SEHK:700) planned to raise its stake in French video game group Ubisoft Entertainment SA (ENXTPA:UBI) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters.

Positive

Tencent Holdings Limited (SEHK:700) agreed to acquire Ubisoft Entertainment SA (ENXTPA:UBI) from Guillemot family.

2022-08-04 00:00:00

Tencent Holdings Limited (SEHK:700) agreed to acquire Ubisoft Entertainment SA (ENXTPA:UBI) from Guillemot family on August 4, 2022.

Neutral

Ubisoft Entertainment SA Provides Earnings Guidance for the Fiscal Year 2023

2022-07-21 15:40:00

Ubisoft Entertainment SA provided earnings guidance for the fiscal year 2023. The Company continues to expect significant net bookings growth and confirms its non-IFRS operating income target of approximately €400 million for full-year 2022-23.

Positive

Ubisoft Entertainment SA Reports Sales Results for the First Quarter of 2023

2022-07-21 15:40:00

Ubisoft Entertainment SA reported sales results for the first quarter of 2023. For the quarter, the company reported sales of €318.2 million against €352.8 million a year ago.

Neutral

Ubisoft Entertainment SA, Q1 2023 Sales/ Trading Statement Call, Jul 21, 2022

2022-07-21 06:46:00

Ubisoft Entertainment SA, Q1 2023 Sales/ Trading Statement Call, Jul 21, 2022

Positive

Ubisoft Announces Tom Clancy’s The Division Resurgence

2022-07-06 16:00:00

Ubisoft announced Tom Clancy’s The Division® Resurgence, a new free-to-play, third-person shooter RPG mobile game from the Tom Clancy’s The Division franchise. Tom Clancy’s The Division Resurgence is a canon opus featuring a new storyline, different classes and challenging enemy factions. The game will be available for iOS and Android devices on the App Store® and Google Play. Tom Clancy’s The Division Resurgence is a canon opus that brings the acclaimed Tom Clancy’s The Division experience to handheld devices. Players will see a new and independent storyline set in a vast open world where they will be free to roam around an outstandingly detailed urban environment with stunning graphics. The game is playable solo or co-op with a variety of PvE activities, from story missions to world activities. This new chapter builds on all the original game modes, while bringing new gear and weapons to try out. Tom Clancy’s The Division Resurgence takes place in a contemporary post-crisis New York City and offers a unique perspective on key story events that have taken place in Tom Clancy’s The Division® and Tom Clancy’s The Division® 2. Chaos continues to wreak havoc in New York City, and as first-wave agents representing the Strategic Homeland Division, players will be tasked to protect civilians against hostile factions and help them build a better future. Players will discover new characters with deep backstories and powerful enemies with challenging abilities. Players can customize their characters by collecting and upgrading their gear to take on any threat they may encounter. As they level up and improve their skills, players will unlock new specializations with unique signature weapons and gadgets that they can swap at any time. This new strategic element will allow players to try new abilities and find the best co-op synergy with fellow Division agents, all at their fingertips. Tom Clancy’s The Division Resurgence is being developed and optimized for mobile platforms, with controls and a user interface tailored to ensure a smooth experience on handheld devices for veteran and newcomer players to the franchise alike.

Positive

Ubisoft Withdraws Proposed Tender Offer

2022-06-29 12:42:00

Given the current market conditions, Ubisoft has taken the decision to withdraw its proposed tender offer on its outstanding €500,000,000 1.289% existing bonds due 30 January 2023.

Neutral

Ubisoft Entertainment SA to Report Q1, 2023 Sales/Trading Statement Results on Jul 21, 2022

2022-06-22 15:09:00

Ubisoft Entertainment SA announced that they will report Q1, 2023 sales/trading statement results on Jul 21, 2022

Positive

Ubisoft Entertainment Launches First Investment Fund for Indie Studios in Quebec

2022-06-08 14:00:00

Ubisoft Entertainment is launching Ubisoft RADAR, its first-ever $10 million investment fund dedicated to identifying, financing, and supporting games created by independent studios in Quebec. Ubisoft RADAR aims to support Quebec entrepreneurs in the video game industry by maintaining intellectual property in Quebec. The fund will support gaming projects at one of the following key moments in their development: At the beginning of the project in the concept phase and at the start of production; At the end of development to launch the best game possible on the market; At the time of marketing to optimize the visibility and notoriety of the product. In addition to providing flexible financing solutions adapted to each project, Ubisoft RADAR will provide the selected companies with personalized support from internal experts and external partners.

Positive

Ubisoft Bringing Ubisoft+ to PlayStation

2022-05-16 12:28:00

Ubisoft announced that it will bring its Ubisoft+ subscription to the PlayStation platform in the future. Ubisoft+ features more than 100 games, including the latest releases on day one, classic games, premium editions, additional content packs and rewards. Ubisoft+ is currently available on PC, Stadia and Amazon Luna, and ultimately will be available on PlayStation and Xbox. Ubisoft also revealed that beginning May 24th, a new Ubisoft+ subscription for PlayStation Plus called Ubisoft+ Classics will launch on a rolling basis. Ubisoft+ Classics on PlayStation is a curated selection of popular games including top-selling Assassin’s Creed® Valhalla, Tom Clancy’s The Division® and For Honor® as well as beloved classic games like Child of Light®, Far Cry® 3 Blood Dragon, Far Cry® 4, STEEP®, South Park™: The Fractured but Whole™, The Crew® 2, Trials® Rising, Watch_Dogs® and Werewolves Within™. Launching with up to 27 titles, the Ubisoft+ Classics catalog for PlayStation will grow to more than 50 games by the end of 2022, with more games planned in the future. Ubisoft+ Classics will be available initially bundled with the PlayStation Plus Extra and PlayStation Plus Premium subscription tiers and will feature standard editions of beloved Ubisoft games. Ubisoft+ Classics will be available with PlayStation Plus on May 24th in Asia (and June 2nd in Japan), June 13th in North and South America and June 23rd in Europe.

Neutral

Ubisoft Entertainment SA, 2022 Earnings Call, May 11, 2022

2022-05-11 09:03:00

Ubisoft Entertainment SA, 2022 Earnings Call, May 11, 2022

Negative

Ubisoft Appoints Marie-Sophie De Waubert as Senior Vice President of Studios Operations

2022-05-10 16:00:00

Ubisoft announced that Marie-Sophie de Waubert, currently Managing Director of Ubisoft Paris, is appointed Senior Vice President of Studios Operations. In this new position, she will report to Ubisoft CEO and Co-Founder Yves Guillemot and will serve as a member of Ubisoft’s Executive Committee. As SVP of Studios Operations, Marie-Sophie will lead all Ubisoft’s AAA production studios worldwide. She will be responsible for defining and implementing strategy for the company’s studios, empowering teams to create exciting and innovative games, technologies, and services in order to deliver the best possible experiences for players. She will also ensure that production teams have the resources and tools they need to realize the company’s creative vision and make its brands shine.

Neutral

Ubisoft Entertainment SA, Annual General Meeting, Jul 05, 2022

2022-05-06 17:14:00

Ubisoft Entertainment SA, Annual General Meeting, Jul 05, 2022.

Positive

Cometh announced that it has received €9.4 million in funding from White Star Capital, L.P., Ubisoft Entertainment SA, Stake Capital, Serena Capital SAS, Shima Capital, IDEO CoLab Ventures, LLC

2022-05-05 00:00:00

Cometh announced that it has received €9,400,000 in a round of funding led by new investors, White Star Capital, L.P., Ubisoft Entertainment SA, Stake Capital on May 5, 2022. The transaction included participation from new investors, Serena Capital SAS, Shima Capital, IDEO CoLab Ventures, LLC.

Positive

Ubisoft Reportedly Draws Buyout Interest

2022-04-22 00:00:00

Ubisoft Entertainment SA (ENXTPA:UBI) is attracting preliminary takeover interest from buyout funds, people with knowledge of the matter said. Several private equity firms including Blackstone Inc. (NYSE:BX) and KKR & Co. Inc. (NYSE:KKR) have been studying the French business, according to the people, who asked not to be identified because the information is private. Ubisoft hasn’t entered into any serious negotiations with potential acquirers, and it’s unclear whether its major shareholder is willing to pursue a deal, the people said. Deliberations are at an early stage, and there’s no certainty any of the suitors will proceed with offers, the people said.

Neutral

Ubisoft Entertainment SA to Report Fiscal Year 2022 Results on May 11, 2022

2022-04-09 08:11:00

Ubisoft Entertainment SA announced that they will report fiscal year 2022 results on May 11, 2022

Positive

Gadsme announced that it has received $8 million in funding from Ubisoft Entertainment SA, Galaxy Interactive, and other investors

2022-04-06 00:00:00

Gadsme announced that it has received $8 million in a round of funding led by new investor, Galaxy Interactive on April 6, 2022. The transaction included participation from other new investors including Ubisoft Entertainment SA and other global leaders in gaming. The company issued common shares in the transaction.

Positive

Cross The Ages, LLC announced that it has received $12 million in funding from Cypher Capital, Ubisoft Entertainment SA, Animoca Brands Limited, Polygon Studios and another investor

2022-03-28 00:00:00

Cross The Ages, LLC announced that it has received $12 million in its Seed round of funding on March 28, 2022. The transaction included participation from new investors, Cypher Capital, Ubisoft Entertainment SA, Animoca Brands Limited, Polygon Studios and individual investor, Sebastien Borget.

Positive

Dogami Sas announced that it has received $6 million in funding from Goren Holm Ventures, Ubisoft Entertainment SA, Animoca Brands Limited, Blockchain Founders Fund, Xange Private Equity, S.A., Ghaf Capital Partners and other investors

2021-12-21 00:00:00

Dogami Sas announced that it has received $6 million in a round of funding on December 21, 2021. The transaction included participation from new investors Goren Holm Ventures, Ubisoft Entertainment SA, Animoca Brands Limited, Blockchain Founders Fund, Xange Private Equity, S.A., Ghaf Capital Partners, angel investors include Sebastien Borget and others.

Negative

Ubisoft Entertainment SA Announces the Departure of Virginie Haas as Chief Studios Operating Officer

2021-12-13 17:08:00

Ubisoft Entertainment SA announced the departure of Virginie Haas, who served as Chief Studios Operating Officer of the group for the past 16 months following 3 years as an independent director on its Board of Directors. She is leaving Ubisoft to pursue other activities. The company is well on its way to appointing her successor. In the interim, the senior team she was in charge of will ensure the continuity and seamless execution of the current projects.

Positive

Ubisoft Announces Ubisoft Quartz

2021-12-07 17:00:00

Ubisoft announced Ubisoft Quartz, a new platform for players to acquire Digits, the first NFTs (Non-Fungible Tokens) playable in an AAA game and running on energy-efficient technology. Launching in beta with Tom Clancy’s Ghost Recon® Breakpoint on Ubisoft Connect for Windows PC, Digits will be released as part of limited Editions, each composed of a fixed number of cosmetic items. Digits are a new way to experience cosmetic items, combining the fun of playing with AAA quality assets and the thrill of owning NFTs that represent unique, collectible pieces of Ubisoft game worlds. Digits are collectible in-game vehicles, weapons, and pieces of equipment that offer players unprecedented ways to connect with and enjoy more value from the games they love: Uniqueness: Each Digit is a unique collectible that features its own serial number for others to see in-game, also keeping track of its current and previous owners for years to come, making players an integral part of the game’s history. Playability: Digits are high-quality in-game collectibles with active utility value. As playable cosmetic items, Digits provide players the ability to personalize their experience and complete their missions with style. Control: Each Digit comes with a certificate of ownership stored on blockchain, a decentralized, community-driven technology independent from Ubisoft, which grants players more control than ever. With Digits, items are no longer bound to a player’s game inventory since they can be put on sale for other eligible players to acquire on third-party platforms outside of the Ubisoft ecosystem. This large-scale experiment is the next step in Ubisoft’s four-year exploration of blockchain technology through in-house research and development and close collaboration with renowned specialists within the startup ecosystem.

Positive

Ubisoft Announces Opening of a New Studio in Sherbrooke and a Major Investment Program in Quebec

2021-11-16 15:40:00

Ubisoft is announcing the opening of a fourth video game development studio in Quebec, in the city of Sherbrooke known as the academic and economic hub of the Eastern Townships. This new studio reaffirms Ubisoft's commitment as a major economic player serving the province's talent, communities and ecosystems. This fourth studio in the heart of the city of Sherbrooke and the Eastern Townships, known as a hotbed of talent and high-tech expertise with a burgeoning digital ecosystem, will further enhance Quebec's international leadership in the video game industry.

Neutral

Ubisoft Entertainment SA Provides Earnings Guidance for the Quarter Ended December 31, 2021 and Year Ending March 31, 2022

2021-10-28 15:40:00

Ubisoft Entertainment SA provided earnings guidance for the quarter ended December 31, 2021 and year ending March 31, 2022. For the quarter, the company expected Net bookings to come in at between €725 million and €780 million. For the year, the company expected Net bookings to be flat to slightly down against single-digit growth previously.

Neutral

Ubisoft Entertainment SA, H1 2022 Earnings Call, Oct 28, 2021

2021-10-28 13:02:00

Ubisoft Entertainment SA, H1 2022 Earnings Call, Oct 28, 2021

Positive

Animoca Brands Corporation Limited announced that it has received AUD 87.700634 million in funding from a group of investors

2021-10-20 00:00:00

Animoca Brands Corporation Limited announced that it has entered into a Subscription Agreement for the private placement of 43,850,317 shares at an issue price of AUD 2 per share for the gross proceeds of AUD 87,700,634 on October 20, 2021. The transaction included participation from Ubisoft Entertainment SA, Sequoia China Investment Management LLP, Com2uS Corporation, 10T Holdings, LLC, Smile Group Corp, Tess Ventures, Octava Fund Limited, Adit Ventures, Black Anthem Limited, Sigitech Holdings, Mirana Corp, existing investor, Liberty City Ventures, new investors, Dragonfly Capital Partners, Magic Stone Alternative Investments, Summer Capital Management Company Limited, Token Bay Capital and individual investor, Justin Sun. The transaction is raised at the pre-money valuation of AUD 2,968,307,692.

Negative

Ubisoft Entertainment SA Announces Executive Appointments

2021-09-07 16:00:00

Ubisoft announced that Igor Manceau, a Creative Director with more than 20-years’ experience at the company, is being appointed as its Chief Creative Officer. Manceau will report to Ubisoft CEO and Co-Founder Yves Guillemot and will serve as a member of Ubisoft’s Executive Committee. As the company’s Chief Creative Officer (CCO), Manceau will be responsible for defining and nurturing Ubisoft’s overall creative vision and guiding the creative direction of its games so that they are accessible, irresistible, and enriching for all players. Manceau will work closely with stakeholders in all the company’s studios to include diverse perspectives and sensibilities that will feed the creative spirit of the group. In addition to Ubisoft’s creative teams, Manceau will work closely with Virginie Haas, Chief Studios Operating Officer, Sandrine Caloiaro, Chief Portfolio Officer, and their respective groups to organically grow Ubisoft’s owned franchises and identify opportunities to create new titles that can succeed in new or emerging game genres. Manceau joined Ubisoft in 1998 as part of the business marketing team. In 2003, he became Director of Editorial Marketing in the Montreal studio, where he participated in the positioning and creative marketing for several of Ubisoft’s largest franchises, including Far Cry, Rainbow Six, and Splinter Cell. The selection committee for the CCO role, including Guillemot and an executive recruitment firm, noted Manceau’s track record of guiding creative direction for diverse game types, his capacity to devise concepts that appeal to social players and new audiences, and his consummate team leadership and collaboration as qualities that will help him succeed in this position.

Fundamental Summary

According to their recent financial report, which was published on 2022-06-14, Ubisoft had several impressive financial metrics that should make them more attractive than their peers going forward. Their positive income, growth, and value factors indicate that it is likely to continue to produce impressive results for the foreseeable future, as well. There should be significant upside potential for the stock looking forward. We therefore gave Ubisoft a total score of 85 out of 100 and a BUY recommendation.

Ubisoft reported earnings results for the full year ended March 31, 2022. For the full year, the company reported sales was EUR 2,125.2 million compared to EUR 2,223.8 million a year ago. Net income was EUR 79.1 million compared to EUR 103.1 million a year ago. Basic earnings per share from continuing operations was EUR 0.66 compared to EUR 0.87 a year ago. Diluted earnings per share from continuing operations was EUR 0.65 compared to EUR 0.85 a year ago.

Business Description

Ubisoft produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in both physical and digital formats in Europe, North America, and internationally. The company designs and develops software, including scenarios, animation, gameplay, layouts, and game rules, as well as develops design tools and game engines. It is also involved in the development in the area of online and mobile gaming; and film business. The company was incorporated in 1986 and is headquartered in Saint-Mandé, France.

Sector Overview

Ubisoft is included in the Entertainment according to GICS (global industry classification standard). The Entertainment industry, which is part of the Communication Services sector, includes Movies & Entertainment and Interactive Home Entertainment. Ubisoft's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 5.0B 4.2% 64
Liabilities 3.2B 4.6% 51
Price to Book 3.2 -14.8% 74
Cash & Equivalents 1.5B 11.7% 76
Equity 1.8B 3.7% 74
EBITDA 471.0M 44.4% 86
Total Revenues 2.1B -4.2% 90
Parameter Value Change Score
Return on Equity 4.6 -11.5% 57
Net Cashflow -173.8M -323.7% 65
Capital Expenditure -66.8M 11.1% 83
Asset Turnover 0.4 -14.0% 78
Free Cashflow Per Share -2.0 -125.8% 67

* All values are TTM

The below chart reflects Ubisoft's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Ubisoft's peer average final assessment score stands on 68.0, Ubisoft's score is 85.

  •  UBI
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Bolloré SE 14.4B 71 66 63
Hold
66
66 0 1
Believe S.A. 946.2M 72 78 95
Buy
83
83 1 1
Gaumont SA 327.1M 66 59 69
Hold
61
61 2 1
Focus Entertainment Société anonyme 290.3M 86 52 59
Hold
62
62 3 1
Xilam Animation 197.3M 68 77 74
Hold
74
74 4 1
Olympique Lyonnais Groupe SA 163.6M 44 81 74
Hold
60
60 5 1
Don't Nod Entertainment S.A. 89.9M 55 68 85
Hold
66
66 6 1
EuropaCorp 64.2M 60 75 69
Hold
66
66 7 1
Atari SA 42.8M 56 83 88
Buy
79
79 8 1
Alchimie S.A.S. 17.5M 68 71 83
Hold
75
75 9 1
Edition Multimedia Electroniques Société anonyme 8.3M 63 72 77
Hold
69
69 10 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Ubisoft's stock is now priced above its 50-day and 200-day, but below its 5-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is strengthening. Historically, this is a positive setup in the medium and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Ubisoft's stock indicates that it's likely oversold. Overall, these technical indicators signal positive upward momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 73.

Bullish 73
Close Price 45.19
52W Low 34.56
52W High 56.36
5D MA 45.9
50D MA 43.22
200D MA 44.04
MACD 0.77
RSI 28.09
STOCH 78.01

Balance Sheet Analysis

All in all, looking at the balance sheet, Ubisoft's financial health appears good. Ubisoft's balance sheet neither stood out as being particularly strong or weak relative to its peers. Ubisoft reported a positive trendline in their cash and cash equivalents metrics. Specifically, they reported that cash and cash equivalents were 1.5B, representing 11.7% change from the last report. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. The company's cash and cash equivalents movement, therefore, received a grade of 76. Also, Ubisoft publishes solid book value factor metrics in this report. Price to book ratio (P/B) now sits at 3.2 and represents a -14.8% change from the previous report. Their industry-leading book value factors momentum reinforces an expectation for future positive momentum for their stock price going forward. Therefore, its book value factors earned a score of 74. That said, one metric, Liabilities, stood out as particularly concerning. Ubisoft's liabilities stood at 3.2B in the current filing, which represents a 4.6% change from the previous report. Ubisoft's liabilities changes appear mediocre compared to their peers. Contextually, they convey that management finds balancing asset growth, resource allocation, and liabilities challenging. Discouraging results like these statistically lead to negative movement in stock prices, so we rated their liabilities movement component 51. Therefore, it received a score of 74.

Parameter Value Change Score
Assets 5.0B 4.2% 64
Liabilities 3.2B 4.6% 51
Price to Book 3.2 -14.8% 74
Cash & Equivalents 1.5B 11.7% 76
Equity 1.8B 3.7% 74
* All values are TTM

The below chart describes Ubisoft's performance as reflected on its balance sheet with respect to its peers. While Ubisoft received a balance sheet score of 74, the average of its peers stands on 70.0.

  •  UBI
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Bolloré SE 14.4B 64.0 65.0 49.0 61.0 84.0 71 0 1
Believe S.A. 946.2M 68.0 67.0 82.0 71.0 62.0 72 1 1
Gaumont SA 327.1M 69.0 61.0 82.0 81.0 54.0 66 2 1
Focus Entertainment Société anonyme 290.3M 81.0 53.0 93.0 91.0 76.0 86 3 1
Xilam Animation 197.3M 63.0 65.0 60.0 75.0 73.0 68 4 1
Olympique Lyonnais Groupe SA 163.6M 51.0 56.0 44.0 43.0 43.0 44 5 1
Don't Nod Entertainment S.A. 89.9M 71.0 62.0 51.0 53.0 54.0 55 6 1
EuropaCorp 64.2M 74.0 70.0 50.0 72.0 51.0 60 7 1
Atari SA 42.8M 65.0 59.0 67.0 54.0 37.0 56 8 1
Alchimie S.A.S. 17.5M 64.0 60.0 86.0 53.0 61.0 68 9 1
Edition Multimedia Electroniques Société anonyme 8.3M 61.0 67.0 74.0 72.0 52.0 63 10 1

Income Statement Analysis

Ubisoft seems to be balancing strong Revenue Efficiency and EBITDA along with an overall impressive positive income statement. Ubisoft's financials reveal an interesting trend for their revenue efficiency. This characteristic can affect companies in the same industry and market capitalization by up to 9.4%. Their industry-leading revenue efficiency makes a strong case for upward pressure on its's stock price. Consequently, their revenue efficiency received a grade of 90. Also, Ubisoft's management did a remarkable job this period managing its EBITDA. In terms of the raw numbers, EBITDA was reported as 471.0M, which represents a 44.4% change from the last period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 21.7%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. The company's EBITDA movement, therefore, received a grade of 86. That said, one metric, Return Factors, stood out as strongly negative. In this filing, Ubisoft reported a return on equity (ROE) ratio of 4.6, which represents a growth of -11.5%. This metric might have a 5.2 percent impact on companies in the same industry and with the same market capitalization. These numbers show that management has been unsuccessful in fostering appropriate growth related to return on assets and return on equity momentum relative to their peers. Its return factors (ROA & ROE) components, therefore, received a grade of 57. Because its management is doing an excellent job managing these critical metrics, the income statement was given a score of 84.

Parameter Value Change Score
EBITDA 471.0M 44.4% 86
Total Revenues 2.1B -4.2% 90
Return on Equity 4.6 -11.5% 57
* All values are TTM

The below chart describes Ubisoft's performance as reflected on its income statement with respect to its peers. While Ubisoft received a income statement score of 84 , the average of its peers stands on 68.0.

  •  UBI
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Bolloré SE 14.4B 81.0 60.0 72.0 66 0 1
Believe S.A. 946.2M 46.0 89.0 83.0 78 1 1
Gaumont SA 327.1M 89.0 53.0 52.0 59 2 1
Focus Entertainment Société anonyme 290.3M 43.0 62.0 43.0 52 3 1
Xilam Animation 197.3M 45.0 86.0 63.0 77 4 1
Olympique Lyonnais Groupe SA 163.6M 69.0 83.0 55.0 81 5 1
Don't Nod Entertainment S.A. 89.9M 68.0 63.0 69.0 68 6 1
EuropaCorp 64.2M 95.0 62.0 62.0 75 7 1
Atari SA 42.8M 93.0 76.0 58.0 83 8 1
Alchimie S.A.S. 17.5M 68.0 70.0 58.0 71 9 1
Edition Multimedia Electroniques Société anonyme 8.3M 87.0 60.0 73.0 72 10 1

Cash Flow Analysis

Overall, Ubisoft's critical cash flow metrics appear to signal strong support and a high likelihood of positive growth going into the next quarters. Ubisoft's management did a great job this period managing its capital expenditure (CapEx). In terms of the raw numbers, CapEx was reported as -66.8M, which represents a 11.1% change from the last period. This performance is all the more impressive relative to their peers and competitors. Therefore, its CapEx movement component earned a score of 83. Also, Ubisoft is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.4, representing a -14.0% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 2.0%. Their impressive asset turnover metrics, specifically in contrast to their industry peers' performance, should support a tailwind in the company's stock price. The company's asset turnover movement, therefore, received a grade of 78. However, one discouraging result, Net Cash Flow, stood out. Ubisoft's net cash flow metrics were -173.8M according to their current filing, which represents a -323.7% change from the previous report. Ubisoft's net cash flow metrics are especially disappointing relative to their peers. Its net cash flow, therefore, received a grade of 65. Therefore, it received a score of 76.

Parameter Value Change Score
Net Cashflow -173.8M -323.7% 65
Capital Expenditure -66.8M 11.1% 83
Asset Turnover 0.4 -14.0% 78
Free Cashflow Per Share -2.0 -125.8% 67
* All values are TTM

The below chart describes Ubisoft's performance as reflected on its cash flow with respect to its peers. While Ubisoft received a cash flow score of 76, the average of its peers stands on 70.0.

  •  UBI
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Bolloré SE 14.4B 59.0 54.0 81.0 68.0 63 0 1
Believe S.A. 946.2M 86.0 89.0 92.0 71.0 95 1 1
Gaumont SA 327.1M 74.0 50.0 61.0 74.0 69 2 1
Focus Entertainment Société anonyme 290.3M 44.0 70.0 54.0 73.0 59 3 1
Xilam Animation 197.3M 63.0 79.0 93.0 80.0 74 4 1
Olympique Lyonnais Groupe SA 163.6M 67.0 63.0 53.0 80.0 74 5 1
Don't Nod Entertainment S.A. 89.9M 85.0 57.0 54.0 76.0 85 6 1
EuropaCorp 64.2M 71.0 40.0 43.0 57.0 69 7 1
Atari SA 42.8M 79.0 56.0 70.0 85.0 88 8 1
Alchimie S.A.S. 17.5M 76.0 58.0 89.0 82.0 83 9 1
Edition Multimedia Electroniques Société anonyme 8.3M 86.0 89.0 58.0 62.0 77 10 1

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