Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
CMGE Technology Group Limited functions as an investment holding company, primarily operating as an IP-centric game developer and publisher throughout Mainland China, Hong Kong, Taiwan, and South Korea. The company specializes in creating games based on intellectual properties derived from various cultural and artistic works, such as well-known characters and themes from animations, novels, and motion pictures. Its operations also encompass mobile game publication, game development, IP rights management, and strategic investments. As of December 31, 2021, CMGE's gaming portfolio included 83 titles. The firm was established in 2009 and maintains its principal office in Shenzhen, China.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E.