🎉 M&A multiples are live!
Check it out!

CD Projekt Valuation Multiples

Discover revenue and EBITDA valuation multiples for CD Projekt and similar public comparables like Boyaa Interactive, Remedy Entertainment, and Trophy Games.

CD Projekt Overview

About CD Projekt

CD Projekt SA is the holding company of CD Projekt capital group. The firm with its subsidiary develops and publishes videogames for hardware platforms such as Steam, PlayStation Store, Xbox Games Store, Nintendo, App Store, Humble Bundle, Origin, and its own proprietary GOG.com platform. It is also involved in global digital videogame distribution. The firm has CD Projekt Red and GOG.com segments. It derives the majority of its revenues from CD Projekt Red segment.


Founded

1994

HQ

Poland
Employees

615

Website

cdprojekt.com

Financials

LTM Revenue $242M

LTM EBITDA $116M

EV

$5.6B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

CD Projekt Financials

CD Projekt has a last 12-month revenue (LTM) of $242M and a last 12-month EBITDA of $116M.

In the most recent fiscal year, CD Projekt achieved revenue of $326M and an EBITDA of $147M.

CD Projekt expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See CD Projekt valuation multiples based on analyst estimates

CD Projekt P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $242M XXX $326M XXX XXX XXX
Gross Profit $190M XXX $225M XXX XXX XXX
Gross Margin 78% XXX 69% XXX XXX XXX
EBITDA $116M XXX $147M XXX XXX XXX
EBITDA Margin 48% XXX 45% XXX XXX XXX
EBIT $80.2M XXX $120M XXX XXX XXX
EBIT Margin 33% XXX 37% XXX XXX XXX
Net Profit $100M XXX $128M XXX XXX XXX
Net Margin 41% XXX 39% XXX XXX XXX
Net Debt XXX XXX n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

CD Projekt Stock Performance

As of May 30, 2025, CD Projekt's stock price is PLN 222 (or $59).

CD Projekt has current market cap of PLN 22.2B (or $5.9B), and EV of PLN 21.0B (or $5.6B).

See CD Projekt trading valuation data

CD Projekt Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$5.6B $5.9B XXX XXX XXX XXX $1.07

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

CD Projekt Valuation Multiples

As of May 30, 2025, CD Projekt has market cap of $5.9B and EV of $5.6B.

CD Projekt's trades at 17.1x EV/Revenue multiple, and 37.9x EV/EBITDA.

Equity research analysts estimate CD Projekt's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

CD Projekt has a P/E ratio of 58.7x.

See valuation multiples for CD Projekt and 12K+ public comps

CD Projekt Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $5.9B XXX $5.9B XXX XXX XXX
EV (current) $5.6B XXX $5.6B XXX XXX XXX
EV/Revenue 23.0x XXX 17.1x XXX XXX XXX
EV/EBITDA 48.0x XXX 37.9x XXX XXX XXX
EV/EBIT 69.4x XXX 46.4x XXX XXX XXX
EV/Gross Profit 29.3x XXX n/a XXX XXX XXX
P/E 58.7x XXX 46.1x XXX XXX XXX
EV/FCF 207.0x XXX 74.9x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get CD Projekt Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

CD Projekt Margins & Growth Rates

CD Projekt's last 12 month revenue growth is -4%

CD Projekt's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.2M for the same period.

CD Projekt's rule of 40 is 50% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

CD Projekt's rule of X is 38% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for CD Projekt and other 12K+ public comps

CD Projekt Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth -4% XXX -11% XXX XXX XXX
EBITDA Margin 48% XXX 45% XXX XXX XXX
EBITDA Growth 1% XXX -14% XXX XXX XXX
Rule of 40 50% XXX 41% XXX XXX XXX
Bessemer Rule of X XXX XXX 38% XXX XXX XXX
Revenue per Employee XXX XXX $0.5M XXX XXX XXX
Opex per Employee XXX XXX $0.2M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 20% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX n/a XXX XXX XXX
Opex to Revenue XXX XXX 32% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

CD Projekt Public Comps

See public comps and valuation multiples for Gaming - Console & PC and Content Production comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Azerion Group XXX XXX XXX XXX XXX XXX
PlaySide Studios XXX XXX XXX XXX XXX XXX
Trophy Games XXX XXX XXX XXX XXX XXX
Remedy Entertainment XXX XXX XXX XXX XXX XXX
Boyaa Interactive XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

CD Projekt M&A and Investment Activity

CD Projekt acquired  XXX companies to date.

Last acquisition by CD Projekt was  XXXXXXXX, XXXXX XXXXX XXXXXX . CD Projekt acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by CD Projekt

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About CD Projekt

When was CD Projekt founded? CD Projekt was founded in 1994.
Where is CD Projekt headquartered? CD Projekt is headquartered in Poland.
How many employees does CD Projekt have? As of today, CD Projekt has 615 employees.
Is CD Projekt publicy listed? Yes, CD Projekt is a public company listed on WAR.
What is the stock symbol of CD Projekt? CD Projekt trades under CDR ticker.
When did CD Projekt go public? CD Projekt went public in 2002.
Who are competitors of CD Projekt? Similar companies to CD Projekt include e.g. Azerion Group, PlaySide Studios, Trophy Games, Remedy Entertainment.
What is the current market cap of CD Projekt? CD Projekt's current market cap is $5.9B
What is the current revenue of CD Projekt? CD Projekt's last 12 months revenue is $242M.
What is the current revenue growth of CD Projekt? CD Projekt revenue growth (NTM/LTM) is -4%.
What is the current EV/Revenue multiple of CD Projekt? Current revenue multiple of CD Projekt is 23.0x.
Is CD Projekt profitable? Yes, CD Projekt is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of CD Projekt? CD Projekt's last 12 months EBITDA is $116M.
What is CD Projekt's EBITDA margin? CD Projekt's last 12 months EBITDA margin is 48%.
What is the current EV/EBITDA multiple of CD Projekt? Current EBITDA multiple of CD Projekt is 48.0x.
What is the current FCF of CD Projekt? CD Projekt's last 12 months FCF is $26.9M.
What is CD Projekt's FCF margin? CD Projekt's last 12 months FCF margin is 11%.
What is the current EV/FCF multiple of CD Projekt? Current FCF multiple of CD Projekt is 207.0x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.