CD Projekt S.A./zł CDR
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About CD Projekt S.A.
CD Projekt S.A. is a video game developer and publisher headquartered in Warsaw, Poland. The company is best known for its role in developing the highly acclaimed "The Witcher" series, based on the novels by Andrzej Sapkowski, as well as the open-world RPG "Cyberpunk 2077". Established in 1994, CD Projekt expanded its reach through platforms like GOG.com, which offers DRM-free video games. The firm maintains a strong presence in Europe and North America while focusing on creating immersive, narrative-driven video games. CD Projekt’s strategic emphasis on high-quality production and storytelling sets it apart within the gaming industry.
- Ticker
- zł CDR
- Sector
- Consumer Discretionary
- Primary listing
- WSE
- Employees
- 808
- Headquarters
- Warsaw, Poland
- Website
- www.cdprojekt.com
CD Projekt S.A. Metrics
BasicAdvanced
zł 27B
40.95
zł 6.58
0.38
-
Price and volume
Market cap
zł 27B
Beta
0.38
52-week high
zł 297.00
52-week low
zł 211.30
Average daily volume
267K
Financial strength
Current ratio
6.308
Quick ratio
6.187
Long term debt to equity
0.008
Total debt to equity
0.01
Dividend payout ratio (TTM)
15.07%
Interest coverage (TTM)
738.29%
Profitability
EBITDA (TTM)
565.975
Gross margin (TTM)
92.57%
Net profit margin (TTM)
70.00%
Operating margin (TTM)
57.91%
Effective tax rate (TTM)
3.72%
Revenue per employee (TTM)
zł 1,170,000
Management effectiveness
Return on assets (TTM)
9.82%
Return on equity (TTM)
18.28%
Valuation
Price to earnings (TTM)
40.946
Price to revenue (TTM)
28.424
Price to book
7.57
Price to tangible book (TTM)
7.92
Price to free cash flow (TTM)
-211.288
Free cash flow yield (TTM)
-0.47%
Free cash flow per share (TTM)
-1.276
Growth
Revenue change (TTM)
29.99%
Earnings per share change (TTM)
46.07%
3-year revenue growth (CAGR)
1.73%
10-year revenue growth (CAGR)
4.60%
3-year earnings per share growth (CAGR)
27.50%
10-year earnings per share growth (CAGR)
10.07%
What the Analysts think about CD Projekt S.A.
Analyst ratings (Buy, Hold, Sell) for CD Projekt S.A. stock.
Analyst projections of the future price of CD Projekt S.A. stock.
Bulls say / Bears say
The back catalogue is still producing strong earnings between major launches: first-half 2026 revenue rose 23% and net profit rose 37%, beating the Reuters analyst consensus. (CNA)
Licensing is adding another way to monetise CD Projekt’s franchises: the company said it made a significant contribution to first-half revenue and is becoming increasingly important. (CD PROJEKT RED)
The Witcher has a visible release cadence: CD Projekt plans a Witcher 3 remaster in 2026, an expansion in 2027 and The Witcher 4 in 2028, giving the franchise several chances to generate sales. (CD PROJEKT RED)
The flagship Witcher 4 is not expected until 2028, extending the wait for a major new game; the announcement also weighed on shares that had lagged the Polish market this year. (CNBC TV18)
The investment burden is rising: second-quarter research and development costs jumped 53% year on year, while management plans to reinvest most cash flow into its expanding development pipeline. (CNBC TV18)
The valuation leaves little room for further delays: XTB says current multiples assume future releases achieve success comparable with The Witcher 3 or Cyberpunk, while a stretched schedule could reduce annual earnings against optimistic forecasts. (XTB)
Data summarised monthly by Lightyear AI. Last updated on 16 Oct 2026.
CD Projekt S.A. Financial Performance
Revenues and expenses
CD Projekt S.A. Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing CD Projekt S.A.
Fund name | Fund size | zł CDR weighting |
|---|---|---|
VanEck Video Gaming and eSports€ESP0 | $590M | 5.04% |
VanEck Video Gaming and eSports£ESGB | $590M | 5.04% |
VanEck Video Gaming and eSports$ESPO | $613M | 5.04% |
Xtrackers MSCI Emerging Markets$XMME | $15B | 0.04% |
Xtrackers MSCI Emerging Markets£XMMS | $14B | 0.04% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.