GDEV INC (GDEV) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:GDEV • VGG6529J2092

15.19 USD
-0.46 (-2.94%)
Last: Feb 4, 2026, 08:24 PM
Fundamental Rating

5

Taking everything into account, GDEV scores 5 out of 10 in our fundamental rating. GDEV was compared to 80 industry peers in the Entertainment industry. GDEV has an average financial health and profitability rating. GDEV scores decently on growth, while it is valued quite cheap. This could make an interesting combination.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year GDEV was profitable.
  • In the past year GDEV had a positive cash flow from operations.
  • In multiple years GDEV reported negative net income over the last 5 years.
  • In the past 5 years GDEV always reported a positive cash flow from operatings.
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

  • With an excellent Return On Assets value of 20.53%, GDEV belongs to the best of the industry, outperforming 96.25% of the companies in the same industry.
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

  • Looking at the Profit Margin, with a value of 10.15%, GDEV belongs to the top of the industry, outperforming 82.50% of the companies in the same industry.
  • GDEV has a better Operating Margin (14.10%) than 83.75% of its industry peers.
  • In the last couple of years the Operating Margin of GDEV has grown nicely.
  • With a decent Gross Margin value of 66.14%, GDEV is doing good in the industry, outperforming 73.75% of the companies in the same industry.
  • In the last couple of years the Gross Margin of GDEV has grown nicely.
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. Health

2.1 Basic Checks

  • GDEV does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for GDEV has been reduced compared to 1 year ago.
  • GDEV has a better debt/assets ratio than last year.
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 1.92. 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 has a better Altman-Z score (1.92) than 66.25% 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.
  • GDEV's Debt to FCF ratio of 0.18 is amongst the best of the industry. GDEV outperforms 90.00% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0.18
Altman-Z 1.92
ROIC/WACCN/A
WACC8.89%
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

  • A Current Ratio of 0.51 indicates that GDEV may have some problems paying its short term obligations.
  • GDEV has a worse Current ratio (0.51) than 78.75% of its industry peers.
  • A Quick Ratio of 0.51 indicates that GDEV may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.51, GDEV is not doing good in the industry: 78.75% of the companies in the same industry are doing better.
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. Growth

3.1 Past

  • GDEV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -39.84%.
  • GDEV shows a decrease in Revenue. In the last year, the revenue decreased by -9.39%.
  • Measured over the past years, GDEV shows a very strong growth in Revenue. The Revenue has been growing by 35.02% on average per year.
EPS 1Y (TTM)-39.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%67.09%
Revenue 1Y (TTM)-9.39%
Revenue growth 3Y-1.02%
Revenue growth 5Y35.02%
Sales Q2Q%-11.83%

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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Find the best growth stocksShow best growing peers

10

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 5.46 indicates a rather cheap valuation of GDEV.
  • Based on the Price/Earnings ratio, GDEV is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of GDEV to the average of the S&P500 Index (27.67), we can say GDEV is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 4.84, the valuation of GDEV can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, GDEV is valued cheaply inside the industry as 98.75% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of GDEV to the average of the S&P500 Index (27.20), we can say GDEV is valued rather cheaply.
Industry RankSector Rank
PE 5.46
Fwd PE 4.84
GDEV Price Earnings VS Forward Price EarningsGDEV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • 92.50% of the companies in the same industry are more expensive than GDEV, based on the Enterprise Value to EBITDA ratio.
  • GDEV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GDEV is cheaper than 81.25% of the companies in the same industry.
Industry RankSector Rank
P/FCF 21.89
EV/EBITDA 2.52
GDEV Per share dataGDEV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • GDEV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • GDEV has a very decent profitability rating, which may justify a higher PE ratio.
  • GDEV's earnings are expected to grow with 50.88% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y50.88%
EPS Next 3YN/A

More info and screens

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

4

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 19.67%, GDEV is a good candidate for dividend investing.
  • In the last 3 months the price of GDEV has falen by -29.11%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • GDEV's Dividend Yield is rather good when compared to the industry average which is at 7.60. GDEV pays more dividend than 97.50% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, GDEV pays a better dividend.
Industry RankSector Rank
Dividend Yield 19.67%

5.2 History

  • GDEV is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
GDEV Yearly Dividends per shareGDEV Yearly Dividends per shareYearly Dividends per share 2025 1 2 3

5.3 Sustainability

DPN/A
EPS Next 2Y50.88%
EPS Next 3YN/A
GDEV Yearly Income VS Free CF VS DividendGDEV Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M

More info and screens

Find the best dividend stocksShow peers with best dividend

GDEV INC

NASDAQ:GDEV (2/4/2026, 8:24:04 PM)

15.19

-0.46 (-2.94%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)11-24
Earnings (Next)03-30
Inst Owners0.1%
Inst Owner Change0%
Ins Owners37.06%
Ins Owner ChangeN/A
Market Cap275.39M
Revenue(TTM)420.93M
Net Income(TTM)43.15M
Analysts80
Price Target71.4 (370.05%)
Short Float %0.18%
Short Ratio1.05
Dividend
Industry RankSector Rank
Dividend Yield 19.67%
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)53.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.32%
Valuation
Industry RankSector Rank
PE 5.46
Fwd PE 4.84
P/S 0.65
P/FCF 21.89
P/OCF 21.08
P/B N/A
P/tB N/A
EV/EBITDA 2.52
EPS(TTM)2.78
EY18.3%
EPS(NY)3.14
Fwd EY20.68%
FCF(TTM)0.69
FCFY4.57%
OCF(TTM)0.72
OCFY4.74%
SpS23.45
BVpS-7.14
TBVpS-7.37
PEG (NY)0.03
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 1.92
F-Score5
WACC8.89%
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%67.09%
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%-11.83%
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 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 10 / 10 to GDEV INC (GDEV). This can be considered as Undervalued.


What is the profitability of GDEV stock?

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


Can you provide the PE and PB ratios for GDEV stock?

The Price/Earnings (PE) ratio for GDEV INC (GDEV) is 5.46 and the Price/Book (PB) ratio is -2.13.


What is the earnings growth outlook for GDEV INC?

The Earnings per Share (EPS) of GDEV INC (GDEV) is expected to grow by 179.76% in the next year.