CD Projekt becomes most valuable video game company in Europe, overtakes Ubisoft

Written by Stuart Thomas on Wed, May 20, 2020 12:08 PM
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In some somewhat surprising but not-so-surprising news, the famous polish company, CD Projekt, has now become the most valuable video games company in Europe, officially overtaking the french company of Ubisoft. Their subsidiary company, CD Projekt Red, that was responsible for releasing The Witcher 3, has become one of the most recognisable names in the industry, especially now that most eyes are on their upcoming tech-noir RPG Cyberpunk 2077.

So to put it into perspective, CDP is currently valued at €8.01 billion (PLN 36.5 Billion) whereas Ubisoft is currently worth €7.82 billion (PLN 35.6 Billion). It is worth noting however, that CDP generated a total of PLN 521 million in revenue and PLN 175 million in net profit, whilst Ubisoft claimed a hefty PLN 1.89 billion revenue alone in their Q3 of the financial year 2019.

Plus, Ubisoft is planning to release a total of 5 AAA games this year, including Rainbow Six: Quarantine, Gods & Monsters, Watch Dogs Legion and Assassins Creed: Valhalla plus another unannounced title that will most likely be revealed at the Ubisoft digital conference (possibly Far Cry 6). So Ubisoft might take their position back this year as most valuable company in Europe.

Then again, CD Projekt Red will be releasing the highly anticipated CP2077 later this year on September 17th and will surely break some records there. But nevertheless, it’s great to see a company dedicated to quality rather than quantity beating out another giant who regularly churns out multiple games with similar experiences year after year. Hopefully Ubisoft will take notes now.

What do you think of the news? Will this affect the overall industry? Let us know your thoughts!

Our favourite comments:

Well deserved. Glad to see a company that's pro-consumer to gamers and fans everywhere do so well.

LaTaleFan1985

So satisfying to see a pro consumer company achieving this. A clear lesson to the rest of the industry

Ozone9012

May the Sun never set on CDPR.

Gankutsuou

Konami is asleep amidst the trees, EA is swaying in the breeze, Activision lies anxious wide awake, Fearing all manner of declining sales and hate.

For your dolly Bethesda, sleep has flown, Don't dare let Ubisoft tremble alone.

As CDPR, brave and bold, Paid in coin of gold. They will release and amaze you, Shine and overtake you, As The Most Valuable, The Most Valuable.

PhenomFaz

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10:07 May-22-2020

Congrats to CDP but considering Ubisoft pushed back the release of Rainbow Six: Quarantine, Gods & Monsters and Watch Dogs Legion saying that they wanted to make them more unique from each other that would of spooked the stock market which is most likely the actual reason for Ubi's lower stock value.

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16:02 May-21-2020

This is actually much bigger news than some may think. This proves to both investors and studios that making fewer EXCELLENT single player, non-mtx filled games can be a profitable business model. Hopefully other companies will take notice of this, and adjust their business strategies accordingly. Not holding my breath though.

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09:59 May-22-2020

This isn't what the company has made it's the stock market value and it fluctuates daily. Should the unthinkable happen and CP2077 not perform as expected that stock will drop considerably. Check this link for more info. https://www.gamesindustry.biz/articles/2020-05-21-cd-projekts-market-cap-rivals-ubisofts-but-not-for-much-longer-opinion

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00:28 May-21-2020

This is good. Let's hope CDPR continues to be consumer friendly.

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21:45 May-20-2020

I am very happy to see CDPR growing big, because this alone proves you don't need to be overly greedy corporation which abuses multiple forms of monetization, combining monetization of free to play and buy to play, for maximum profit. Yes, I am looking at you Ubisoft... and reason I am mentioning Ubisoft is because when they get punished for being bad publisher, they do make good stuff,...

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21:47 May-20-2020

... it is just that once heat from that cools down they go back to trying to be EA. I mean, just look at Assassin's Creed, once people have shown them middle finger and AC sales went down, we got AC Origins. So they are capable of being better, despite not being completely good, but it is just that they way too often want to be EA, when they should look up to CDPR and do more like CDPR.

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16:57 May-20-2020

HOORAY!!!! A moment in history this is

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16:18 May-20-2020

WOW, I open up Game-Debate and CDPR Beats Ubisoft..........
Man, Now I see the World is on the Right path....
Best News of the Year......

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07:53 May-21-2020

The best part of my day was that you opened up Game-Debate!
The Ubisoft not doing as well as CDPR comes in a close second though

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14:55 May-20-2020

Konami is asleep amidst the trees,
EA is swaying in the breeze,
Activision lies anxious wide awake,
Fearing all manner of declining sales and hate.


For your dolly Bethesda, sleep has flown,
Don't dare let Ubisoft tremble alone.


As CDPR, brave and bold,
Paid in coin of gold.
They will release and amaze you,
Shine and overtake you,
As The Most Valuable,
The Most Valuable.

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14:55 May-20-2020

Fantastic news!


CDPR are the only company i trust to deliver great games! i can't cant for cyber punk!

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18:36 May-20-2020

Can you can?

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15:20 May-21-2020

That's what i get for posting a comment on my phone :P

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14:34 May-20-2020

May the Sun never set on CDPR.

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13:48 May-20-2020

I can't say I'm too surprised, Ubisoft is not listening to their community, you can feel a lack of development in their games, the new games are far from being finished and they just push the games out just to get the money which is lazy move, for eg.: we saw what happened with Breakpoint, The Division 2

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13:25 May-20-2020

So satisfying to see a pro consumer company achieving this. A clear lesson to the rest of the industry

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13:02 May-20-2020

Well deserved. Glad to see a company that's pro-consumer to gamers and fans everywhere do so well.

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