Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CD Projekt Red's Enterprise Value is zł25,085.2 Mil.
CD Projekt Red's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł539.4 Mil. Therefore, CD Projekt Red's EV-to-EBIT ratio for today is 46.50.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, CD Projekt Red's Enterprise Value is zł25,085.2 Mil.
CD Projekt Red's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł564.1 Mil. Therefore, CD Projekt Red's EV-to-EBITDA ratio for today is 44.47.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, CD Projekt Red's Enterprise Value is zł25,085.2 Mil.
CD Projekt Red's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was zł878.0 Mil. Therefore, CD Projekt Red's EV-to-Revenue ratio for today is 28.57.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, CD Projekt Red's Enterprise Value is zł25,085.2 Mil.
CD Projekt Red's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was zł-54.1 Mil. Therefore, CD Projekt Red's EV-to-FCF ratio for today is -463.82.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
CD Projekt Red (CHIX:CDRw) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
CD Projekt Red's current Enterprise Value is zł25,085.2 Mil.
CD Projekt Red's EBIT 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 zł539.4 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
CD Projekt Red's current Enterprise Value is zł25,085.2 Mil.
CD Projekt Red's EBITDA 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 zł564.1 Mil.
CD Projekt Red's current Enterprise Value is zł25,085.2 Mil.
CD Projekt Red's Revenue 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 zł878.0 Mil.
CD Projekt Red's current Enterprise Value is zł25,085.2 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 zł603.0 Mil.
CD Projekt Red's current Enterprise Value is zł25,085.2 Mil.
CD Projekt Red's Free Cash Flow 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 zł-54.1 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 Enterprise Value Related Terms
CD Projekt Red Enterprise Value Historical Data
* Premium members only.
The historical data trend for CD Projekt Red's Enterprise Value 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.
CHIX:CDRW vs NTES, EA, TTWO: Enterprise Value Comparison
For the Electronic Gaming & Multimedia subindustry, CD Projekt Red's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, CD Projekt Red's Enterprise Value distribution charts can be found below:
* The bar in red indicates where CD Projekt Red's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
CD Projekt Red's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Enterprise Value of zł25,085.2 Mil mean?
CD Projekt Red (CHIX:CDRW) has a Enterprise Value of zł25,085.2 Mil as of Aug. 12, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CD Projekt Red and its competitors.
Is CD Projekt Red's Enterprise Value too high?
CD Projekt Red's current Enterprise Value is zł25,085.2 Mil. Overall, CD Projekt Red has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does CD Projekt Red's Enterprise Value compare to NTES and EA?
CD Projekt Red's Enterprise Value of zł25,085.2 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Interactive Media company?
A good Enterprise Value depends on the Interactive Media industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on CD Projekt Red and its competitors. CD Projekt Red's current Enterprise Value is zł25,085.2 Mil. 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?
CD Projekt Red (CHIX:CDRW) has a current Enterprise Value of zł25,085.2 Mil. The stock's GF Value™ is zł154.95, compared to a current price of zł275.00 — trading 77.5% above its estimated fair value. The current Enterprise Value is zł25,085.2 Mil. CD Projekt Red's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For CD Projekt Red (CHIX:CDRW), the current Enterprise Value is zł25,085.2 Mil as of Aug. 12, 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 (CHIX:CDRW) Overvalued in 2026?
Based on GuruFocus' analysis, CD Projekt Red stock appears to be overvalued.
The current stock price of zł275.00 is trading 77.5% above its estimated GF Value™ of zł154.95.
Key valuation signals for CHIX:CDRW:
Enterprise Value: zł25,085.2 Mil
GF Value™: zł154.95 vs. price of zł275.00 (77.5% above fair value)
No single metric tells the full story. See the CHIX:CDRW 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.
68GF Score
Get the complete analysis for CHIX:CDRW
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:CDRW has been successfully added to your 
