GDEV INC (GDEV) Stock Fundamental Analysis
NASDAQ:GDEV - Nasdaq - VGG6529J2092 - Common Stock - Currency: USD
Taking everything into account, GDEV scores 5 out of 10 in our fundamental rating. GDEV was compared to 72 industry peers in the Entertainment industry. Both the profitability and the financial health of GDEV get a neutral evaluation. Nothing too spectacular is happening here. GDEV scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
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.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.38%, GDEV belongs to the top of the industry, outperforming 93.06% of the companies in the same industry.
With an excellent Return On Invested Capital value of 410.37%, GDEV belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.38% | ||
| ROE | N/A | ||
| ROIC | 410.37% |
ROA(3y)8.68%
ROA(5y)-2.38%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GDEV's Profit Margin of 6.07% is fine compared to the rest of the industry. GDEV outperforms 79.17% of its industry peers.
GDEV has a better Operating Margin (9.62%) than 77.78% of its industry peers.
GDEV's Operating Margin has improved in the last couple of years.
GDEV has a better Gross Margin (66.26%) than 76.39% of its industry peers.
In the last couple of years the Gross Margin of GDEV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.62% | ||
| PM (TTM) | 6.07% | ||
| GM | 66.26% |
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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), GDEV is creating value.
The number of shares outstanding for GDEV has been reduced compared to 1 year ago.
The debt/assets ratio for GDEV has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.60, we must say that GDEV is in the distress zone and has some risk of bankruptcy.
GDEV has a Altman-Z score (1.60) which is comparable to the rest of the industry.
GDEV has a debt to FCF ratio of 0.05. This is a very positive value and a sign of high solvency as it would only need 0.05 years to pay back of all of its debts.
GDEV has a better Debt to FCF ratio (0.05) than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 1.6 |
ROIC/WACC46.11
WACC8.9%
2.3 Liquidity
GDEV has a Current Ratio of 0.68. 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 has a worse Current ratio (0.68) than 66.67% of its industry peers.
GDEV has a Quick Ratio of 0.68. 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 0.68 is on the low side compared to the rest of the industry. GDEV is outperformed by 63.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The earnings per share for GDEV have decreased strongly by -39.84% in the last year.
GDEV shows a decrease in Revenue. In the last year, the revenue decreased by -9.39%.
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%-9.29%
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 47.41% on average per year.
The Revenue is expected to grow by 5.52% on average over the next years.
EPS Next Y60.76%
EPS Next 2Y47.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.15%
Revenue Next 2Y5.52%
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.01 indicates a reasonable valuation of GDEV.
Based on the Price/Earnings ratio, GDEV is valued cheaper than 90.28% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.21, GDEV is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.07, the valuation of GDEV can be described as very cheap.
Based on the Price/Forward Earnings ratio, GDEV is valued cheaper than 97.22% of the companies in the same industry.
GDEV's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.70.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.01 | ||
| Fwd PE | 5.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GDEV is valued cheaper than 94.44% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GDEV is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.81 | ||
| EV/EBITDA | 2.53 |
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 47.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.18
PEG (5Y)N/A
EPS Next 2Y47.41%
EPS Next 3YN/A
5. Dividend
5.1 Amount
GDEV has a Yearly Dividend Yield of 20.69%, which is a nice return.
Compared to an average industry Dividend Yield of 6.63, GDEV pays a better dividend. On top of this GDEV pays more dividend than 98.61% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, GDEV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 20.69% |
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
5.3 Sustainability
DP0%
EPS Next 2Y47.41%
EPS Next 3YN/A
NASDAQ:GDEV (7/1/2025, 8:29:00 PM)
15.19
+0.11 (+0.73%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners0.04%
Inst Owner Change0%
Ins Owners37.06%
Ins Owner ChangeN/A
Market Cap275.39M
Analysts80
Price Target58.14 (282.75%)
Short Float %1.24%
Short Ratio1.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 20.69% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-59.12%
Min EPS beat(2)-224.78%
Max EPS beat(2)106.54%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)1
Avg Revenue beat(2)1.26%
Min Revenue beat(2)-1.95%
Max Revenue beat(2)4.47%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)-43.55%
EPS NY rev (1m)3.33%
EPS NY rev (3m)21.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.72%
Revenue NY rev (1m)-4.27%
Revenue NY rev (3m)-12.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.01 | ||
| Fwd PE | 5.07 | ||
| P/S | 0.65 | ||
| P/FCF | 9.81 | ||
| P/OCF | 9.65 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.53 |
EPS(TTM)1.38
EY9.08%
EPS(NY)3
Fwd EY19.74%
FCF(TTM)1.55
FCFY10.2%
OCF(TTM)1.57
OCFY10.36%
SpS23.22
BVpS-5.6
TBVpS-5.95
PEG (NY)0.18
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.38% | ||
| ROE | N/A | ||
| ROCE | 463.09% | ||
| ROIC | 410.37% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 9.62% | ||
| PM (TTM) | 6.07% | ||
| GM | 66.26% | ||
| FCFM | 6.67% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score7
Asset Turnover1.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 7.09% | ||
| Cap/Sales | 0.1% | ||
| Interest Coverage | 532.86 | ||
| Cash Conversion | 61.11% | ||
| Profit Quality | 110% | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 1.6 |
F-Score7
WACC8.9%
ROIC/WACC46.11
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 Y60.76%
EPS Next 2Y47.41%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.39%
Revenue growth 3Y-1.02%
Revenue growth 5Y35.02%
Sales Q2Q%-9.29%
Revenue Next Year-5.15%
Revenue Next 2Y5.52%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.57%
EBIT growth 3Y168.16%
EBIT growth 5YN/A
EBIT Next Year50.97%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y63.31%
FCF growth 3Y-35.38%
FCF growth 5Y13.52%
OCF growth 1Y58.88%
OCF growth 3Y-35.34%
OCF growth 5Y13.72%