Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Ubisoft Entertainment SA is a French video game publisher and developer headquartered in Saint-Mandé, France. The company produces, publishes, distributes, and operates video games for consoles, PC, smartphones, and tablets in physical and digital formats across Europe, North America, and international markets. It designs and develops software encompassing scenarios, animation, gameplay, layouts, and game rules, while also creating design tools and game engines. Ubisoft Entertainment SA manages renowned franchises such as Assassin's Creed, Far Cry, Just Dance, Prince of Persia, Rabbids, Rayman, Tom Clancy's series, and Watch Dogs. With development studios worldwide, it supports a global network focused on delivering high-quality interactive entertainment experiences. The company engages in both in-house development and distribution, catering to a diverse player base through multiple platforms and distribution channels.
The business is unprofitable at the operating level (-94.75% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 21.8% YoY. Margins deteriorated 83.7pp alongside, both lines moving the wrong way.
Free cash flow declined 334% versus the prior year, cash generation momentum has weakened. ROIC dropped from -3.72% to -29.21%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€1.40B
▼ -21.8% YoY
Net Income (TTM)
-€1.52B
▼ -523.6% YoY
Op. Margin
-94.75%
▼ -83.7pp YoY
ROIC
-29.21%
▼ -25.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€399M
▼ -334.4% YoY
Op. Cash Flow (TTM)
-€399M
▼ -200.8% YoY
Net Debt
€449M
Cash & Equiv.
€1.35B
3Y CAGR: -8.4%
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