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CD Projekt RedFRA:7CD +0.69%78 EV-to-OCF is 41.38 as of Aug. 17, 2026, which is 6% above its 10-year median of 38.94. GuruFocus rates FRA:7CD with a GF Score™ of 78/100 and a GF Value™ of €33.74 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 562 Interactive Media companies, CD Projekt Red ranks worse than 92.53% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, CD Projekt Red's Enterprise Value is €5,877.1 Mil.
CD Projekt Red's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €142.0 Mil. Therefore, CD Projekt Red's EV-to-OCF for today is 41.38.
The historical rank and industry rank for CD Projekt Red's EV-to-OCF or its related term are showing as below:
FRA:7CD'
s EV-to-OCF Range Over the Past 10 Years
Min: 7.58 Med: 38.94 Max: 401.38
Current: 42.03
During the past 13 years, the highest EV-to-OCF of CD Projekt Red was 401.38. The lowest was 7.58. And the median was 38.94.
FRA:7CD's EV-to-OCF is ranked worse than 92.53% of 562
companies
in the Interactive Media industry
Industry Median: 3.49
vs FRA:7CD: 42.03
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
CD Projekt Red's PE Ratio (TTM) for today is calculated as:
CD Projekt Red's share price for today is €61.66.
CD Projekt Red's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.375.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
CD Projekt Red EV-to-OCF Related Terms
CD Projekt Red EV-to-OCF Historical Data
* Premium members only.
The historical data trend for CD Projekt Red's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Gaming & Multimedia subindustry, CD Projekt Red's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CD Projekt Red EV-to-OCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CD Projekt Red's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where CD Projekt Red's EV-to-OCF falls into.
CD Projekt Red's current Enterprise Value is €5,877.1 Mil.
CD Projekt Red's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €142.0 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CD Projekt Red (FRA:7CD) has a EV-to-OCF of 41.38 as of Aug. 17, 2026. This is near median its historical median of 38.94. Over the past decade, CD Projekt Red's EV-to-OCF has ranged from 7.58 to 401.38. According to the industry distribution chart, CD Projekt Red ranks #520 out of 562 companies in the Interactive Media industry, placing it in the top 92.5%.
Is CD Projekt Red's EV-to-OCF too high?
CD Projekt Red's current EV-to-OCF of 41.38 is near median its 10-year median of 38.94. Over the past 10 years, this metric has ranged from a low of 7.58 to a high of 401.38. The Interactive Media industry median EV-to-OCF is 3.49. CD Projekt Red's value of 41.38 is 1085.7% above this industry median. Based on the distribution chart, CD Projekt Red ranks #520 out of 562 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, CD Projekt Red has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CD Projekt Red's EV-to-OCF compare to NTES and EA?
According to the Interactive Media industry distribution chart, CD Projekt Red ranks #520 out of 562 companies for EV-to-OCF. This places CD Projekt Red in the lower half of its industry. The industry median EV-to-OCF is 3.49. CD Projekt Red's value of 41.38 is 1085.7% above this benchmark. Historically, CD Projekt Red's own EV-to-OCF has ranged from 7.58 to 401.38 over the past decade. While the company's 10-year median is 38.94 vs. the industry median of 3.49, CD Projekt Red has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Interactive Media company?
The median EV-to-OCF among Interactive Media companies is 3.49, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CD Projekt Red's current EV-to-OCF of 41.38 is 1085.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median EV-to-OCF is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CD Projekt Red's current EV-to-OCF is 41.38, which is near median its own 10-year median of 38.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CD Projekt Red stock overvalued right now?
Based on GuruFocus' analysis, CD Projekt Red (FRA:7CD) is currently considered Significantly Overvalued. The stock's GF Value™ is €33.74, compared to a current price of €61.66 — trading 82.8% above its estimated fair value. The current EV-to-OCF is 41.38, which is near median its 10-year median of 38.94 and 1085.7% above the Interactive Media industry median of 3.49. CD Projekt Red's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For CD Projekt Red (FRA:7CD), the current EV-to-OCF is 41.38 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CD Projekt Red (FRA:7CD) Overvalued in 2026?
Based on GuruFocus' analysis, CD Projekt Red stock appears to be overvalued.
The current stock price of €61.66 is trading 82.8% above its estimated GF Value™ of €33.74.
GuruFocus considers CD Projekt Red to be Significantly Overvalued.
Key valuation signals for FRA:7CD:
EV-to-OCF: 41.38 (near median its 10-year median of 38.94)
GF Value™: €33.74 vs. price of €61.66 (82.8% above fair value)
Industry Position: 1085.7% above the Interactive Media median (#520 of 562)
No single metric tells the full story. See the FRA:7CD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CD Projekt SA is the holding company of the CD Projekt capital group. The firm, with its subsidiary, develops and publishes video games 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 international digital video game distribution. The firm has CD Projekt Red and GOG.com segments. It derives the majority of its revenues from the CD Projekt Red segment.
78GF Score
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