G5 Entertainment AB: 1 director

A director at G5 Entertainment AB bought 50,000 shares at 50.625SEK and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...

Stabilisation expected from H2’26

Weaker margins as it tries to stabilise sales

Finally, better growth momentum

Guides for accelerated growth investments

Not a clear trend shift in sight yet

Weaker sales and margins

Not as dramatic as it looks

Better organic growth on the horizon

We expect 14% adj. EBIT growth

Minor estimate cuts after Q3

Weaker sales, strong cash flow

Waiting for new games to improve growth

Slight miss on sales, organic growth remains soft

We trim growth expectations ahead of Q2

We expect the negative growth trend to continue in Q2. Good cost control is protecting profitability and cash flow. 6-5x EBIT and 15-14% FCF yields on '24e-'26e

Neg. growth trend, but solid profitability and CF

Sales -4% vs. ABGSCe but adj. EBIT +1% in Q1. We cut sales by 5% and adj. EBIT by 12-17% on '24e-'26e. Trades at 9x P/E, 7-6x EBIT and 14-12% FCFy '24e-'26e.

G5 Entertainment - A solid report, but write-off mudded the waters

Sales & adj. EBIT above our expectations We cut adj. EBIT but raise FCF on 2023e and 2024e Buybacks to continue – 2% of shares repurchased in Q3

G5 Entertainment - Solid report, but EBIT hurt by one-off

Sales in line, adj. EBIT +18% vs. consensus One-time impairment of 73m hurt net profit Buybacks to continue

G5 Entertainment - Sequential improvements in growth and profit

Sherlock going strong with HC seeing seq. improvement Elevated RUB weighing on EBIT in 2022e and 2023e Share trading at 5.9x EV/EBIT 2023e, incl. high RUB

G5 Entertainment - Report on the weak side, and outlook cut

Sales in line, but profitability and outlook worse ‘22e, ‘23e & ‘24e adj. EBIT cut by 7%, 7%, & 8% New fair value range: SEK 230-390 per share (260-440)