🎉 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 Remedy Entertainment, Azerion Group, and Boyaa Interactive.

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 $238M

LTM EBITDA $114M

EV

$5.3B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ 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 of $238M and a last 12-month EBITDA of $114M.

In the most recent fiscal year, CD Projekt achieved revenue of $316M and an EBITDA of $142M.

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

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $245M $316M XXX XXX XXX
Gross Profit $164M $182M XXX XXX XXX
Gross Margin 67% 58% XXX XXX XXX
EBITDA $131M $142M XXX XXX XXX
EBITDA Margin 54% 45% XXX XXX XXX
Net Profit $53.6M $89.1M XXX XXX XXX
Net Margin 22% 28% XXX XXX XXX
Net Debt n/a n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

CD Projekt Stock Performance

As of April 15, 2025, CD Projekt's stock price is PLN 219 (or $56).

CD Projekt has current market cap of PLN 21.9B (or $5.6B), and EV of PLN 20.8B (or $5.3B).

See CD Projekt trading valuation data

CD Projekt Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$5.3B $5.6B XXX XXX XXX XXX $1.05

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

Sign Up

CD Projekt Valuation Multiples

As of April 15, 2025, CD Projekt has market cap of $5.6B and EV of $5.3B.

CD Projekt's trades at 22.4x LTM EV/Revenue multiple, and 46.7x LTM EBITDA.

Analysts estimate CD Projekt's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for CD Projekt and 10K+ public comps

CD Projekt Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $5.3B XXX XXX XXX
EV/Revenue 16.9x XXX XXX XXX
EV/EBITDA 37.6x XXX XXX XXX
P/E 45.4x XXX XXX XXX
P/E/Growth -4.4x XXX XXX XXX
EV/FCF 74.2x 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.

Sign Up

CD Projekt Valuation Multiples

CD Projekt's NTM/LTM revenue growth is -6%

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

Over next 12 months, CD Projekt's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate CD Projekt's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for CD Projekt and other 10K+ public comps

CD Projekt Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 29% XXX XXX XXX XXX
EBITDA Margin 45% XXX XXX XXX XXX
EBITDA Growth 8% XXX XXX XXX XXX
Rule of 40 (SaaS-only) 39% XXX XXX XXX XXX
Revenue per Employee $0.5M XXX XXX XXX XXX
Opex per Employee $0.2M XXX XXX XXX XXX
S&M Expenses to Revenue 20% XXX XXX XXX XXX
G&A Expenses to Revenue 14% XXX XXX XXX XXX
R&D Expenses to Revenue n/a XXX XXX XXX XXX
Opex to Revenue 32% XXX 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.

Sign Up

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 $5.6B
What is the current revenue of CD Projekt? CD Projekt's last 12-month revenue is $238M.
What is the current EBITDA of CD Projekt? CD Projekt's last 12-month EBITDA is $114M.
What is the current EV/Revenue multiple of CD Projekt? Current revenue multiple of CD Projekt is 22.4x.
What is the current EV/EBITDA multiple of CD Projekt? Current EBITDA multiple of CD Projekt is 46.7x.
What is the current revenue growth of CD Projekt? CD Projekt revenue growth between 2023 and 2024 was 29%.
Is CD Projekt profitable? Yes, CD Projekt is EBITDA-positive (as of the last 12 months).

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.