GDEV INC (GDEV) Fundamental Analysis & Valuation

NASDAQ:GDEV • VGG6529J2092

Current stock price

13.86 USD
-0.14 (-1%)
Last:

This GDEV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. GDEV Profitability Analysis

1.1 Basic Checks

  • GDEV had positive earnings in the past year.
  • In the past year GDEV had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: GDEV reported negative net income in multiple years.
  • GDEV had a positive operating cash flow in each of the past 5 years.
GDEV Yearly Net Income VS EBIT VS OCF VS FCFGDEV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M

1.2 Ratios

  • GDEV has a better Return On Assets (20.53%) than 96.20% of its industry peers.
Industry RankSector Rank
ROA 20.53%
ROE N/A
ROIC N/A
ROA(3y)8.68%
ROA(5y)-2.38%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
GDEV Yearly ROA, ROE, ROICGDEV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 200 -200 400 -400 -600

1.3 Margins

  • With an excellent Profit Margin value of 10.15%, GDEV belongs to the best of the industry, outperforming 81.01% of the companies in the same industry.
  • GDEV has a Operating Margin of 14.10%. This is amongst the best in the industry. GDEV outperforms 84.81% of its industry peers.
  • In the last couple of years the Operating Margin of GDEV has grown nicely.
  • The Gross Margin of GDEV (66.14%) is better than 74.68% of its industry peers.
  • GDEV's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 14.1%
PM (TTM) 10.15%
GM 66.14%
OM growth 3Y170.93%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.16%
GM growth 5Y4.74%
GDEV Yearly Profit, Operating, Gross MarginsGDEV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. GDEV Health Analysis

2.1 Basic Checks

  • GDEV does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, GDEV has less shares outstanding
  • Compared to 1 year ago, GDEV has an improved debt to assets ratio.
GDEV Yearly Shares OutstandingGDEV Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50M 100M 150M
GDEV Yearly Total Debt VS Total AssetsGDEV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • GDEV has an Altman-Z score of 1.88. This is not the best score and indicates that GDEV is in the grey zone with still only limited risk for bankruptcy at the moment.
  • GDEV's Altman-Z score of 1.88 is fine compared to the rest of the industry. GDEV outperforms 67.09% of its industry peers.
  • GDEV has a debt to FCF ratio of 0.18. This is a very positive value and a sign of high solvency as it would only need 0.18 years to pay back of all of its debts.
  • The Debt to FCF ratio of GDEV (0.18) is better than 91.14% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0.18
Altman-Z 1.88
ROIC/WACCN/A
WACC8.95%
GDEV Yearly LT Debt VS Equity VS FCFGDEV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M -150M

2.3 Liquidity

  • GDEV has a Current Ratio of 0.51. This is a bad value and indicates that GDEV is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.51, GDEV is not doing good in the industry: 77.22% of the companies in the same industry are doing better.
  • GDEV has a Quick Ratio of 0.51. This is a bad value and indicates that GDEV is not financially healthy enough and could expect problems in meeting its short term obligations.
  • GDEV's Quick ratio of 0.51 is on the low side compared to the rest of the industry. GDEV is outperformed by 75.95% of its industry peers.
Industry RankSector Rank
Current Ratio 0.51
Quick Ratio 0.51
GDEV Yearly Current Assets VS Current LiabilitesGDEV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. GDEV Growth Analysis

3.1 Past

  • The earnings per share for GDEV have decreased strongly by -39.84% in the last year.
  • The Revenue has decreased by -9.39% in the past year.
  • The Revenue has been growing by 35.02% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-39.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-9.39%
Revenue growth 3Y-1.02%
Revenue growth 5Y35.02%
Sales Q2Q%-7.71%

3.2 Future

  • Based on estimates for the next years, GDEV will show a very strong growth in Earnings Per Share. The EPS will grow by 50.88% on average per year.
  • Based on estimates for the next years, GDEV will show a small growth in Revenue. The Revenue will grow by 1.96% on average per year.
EPS Next Y179.76%
EPS Next 2Y50.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.89%
Revenue Next 2Y1.96%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
GDEV Yearly Revenue VS EstimatesGDEV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M
GDEV Yearly EPS VS EstimatesGDEV Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 1 2 3 4

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9

4. GDEV Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 10.04, which indicates a very decent valuation of GDEV.
  • GDEV's Price/Earnings ratio is rather cheap when compared to the industry. GDEV is cheaper than 92.41% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.58, GDEV is valued rather cheaply.
  • The Price/Forward Earnings ratio is 4.41, which indicates a rather cheap valuation of GDEV.
  • 97.47% of the companies in the same industry are more expensive than GDEV, based on the Price/Forward Earnings ratio.
  • GDEV's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.81.
Industry RankSector Rank
PE 10.04
Fwd PE 4.41
GDEV Price Earnings VS Forward Price EarningsGDEV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GDEV is valued cheaply inside the industry as 93.67% of the companies are valued more expensively.
  • Based on the Price/Free Cash Flow ratio, GDEV is valued cheaper than 84.81% of the companies in the same industry.
Industry RankSector Rank
P/FCF 19.98
EV/EBITDA 2.19
GDEV Per share dataGDEV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of GDEV may justify a higher PE ratio.
  • A more expensive valuation may be justified as GDEV's earnings are expected to grow with 50.88% in the coming years.
PEG (NY)0.06
PEG (5Y)N/A
EPS Next 2Y50.88%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. GDEV Dividend Analysis

5.1 Amount

  • No dividends for GDEV!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

GDEV Fundamentals: All Metrics, Ratios and Statistics

GDEV INC

NASDAQ:GDEV (4/1/2026, 11:58:28 AM)

13.86

-0.14 (-1%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)03-30
Earnings (Next)05-14
Inst Owners2.62%
Inst Owner Change507.33%
Ins Owners37.06%
Ins Owner Change0%
Market Cap251.28M
Revenue(TTM)420.93M
Net Income(TTM)43.15M
Analysts80
Price Target71.4 (415.15%)
Short Float %0.17%
Short Ratio1.73
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)288.7%
Min EPS beat(2)246.02%
Max EPS beat(2)331.37%
EPS beat(4)3
Avg EPS beat(4)114.79%
Min EPS beat(4)-224.78%
Max EPS beat(4)331.37%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)18.33%
Min Revenue beat(2)5.08%
Max Revenue beat(2)31.57%
Revenue beat(4)3
Avg Revenue beat(4)9.79%
Min Revenue beat(4)-1.95%
Max Revenue beat(4)31.57%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 10.04
Fwd PE 4.41
P/S 0.59
P/FCF 19.98
P/OCF 19.23
P/B N/A
P/tB N/A
EV/EBITDA 2.19
EPS(TTM)1.38
EY9.96%
EPS(NY)3.14
Fwd EY22.67%
FCF(TTM)0.69
FCFY5.01%
OCF(TTM)0.72
OCFY5.2%
SpS23.45
BVpS-7.14
TBVpS-7.37
PEG (NY)0.06
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 20.53%
ROE N/A
ROCE -150.54%
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM 14.1%
PM (TTM) 10.15%
GM 66.14%
FCFM 2.96%
ROA(3y)8.68%
ROA(5y)-2.38%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)-37.23%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y170.93%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.16%
GM growth 5Y4.74%
F-Score5
Asset Turnover2.02
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0.18
Debt/EBITDA 0.01
Cap/Depr 7.46%
Cap/Sales 0.11%
Interest Coverage 749.11
Cash Conversion 19.66%
Profit Quality 29.15%
Current Ratio 0.51
Quick Ratio 0.51
Altman-Z 1.88
F-Score5
WACC8.95%
ROIC/WACCN/A
Cap/Depr(3y)11.69%
Cap/Depr(5y)21.55%
Cap/Sales(3y)0.17%
Cap/Sales(5y)0.17%
Profit Quality(3y)574.21%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-39.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y179.76%
EPS Next 2Y50.88%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.39%
Revenue growth 3Y-1.02%
Revenue growth 5Y35.02%
Sales Q2Q%-7.71%
Revenue Next Year-0.89%
Revenue Next 2Y1.96%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y19.52%
EBIT growth 3Y168.16%
EBIT growth 5YN/A
EBIT Next Year161.79%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-83.36%
FCF growth 3Y-35.38%
FCF growth 5Y13.52%
OCF growth 1Y-82.92%
OCF growth 3Y-35.34%
OCF growth 5Y13.72%

GDEV INC / GDEV Fundamental Analysis FAQ

What is the ChartMill fundamental rating of GDEV INC (GDEV) stock?

ChartMill assigns a fundamental rating of 5 / 10 to GDEV.


What is the valuation status of GDEV INC (GDEV) stock?

ChartMill assigns a valuation rating of 9 / 10 to GDEV INC (GDEV). This can be considered as Undervalued.


How profitable is GDEV INC (GDEV) stock?

GDEV INC (GDEV) has a profitability rating of 6 / 10.


What is the valuation of GDEV INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for GDEV INC (GDEV) is 10.04 and the Price/Book (PB) ratio is -1.94.


How financially healthy is GDEV INC?

The financial health rating of GDEV INC (GDEV) is 4 / 10.