GDEV INC (GDEV) Fundamental Analysis & Valuation

NASDAQ:GDEV • VGG6529J2092

Current stock price

14.45 USD
-0.25 (-1.7%)
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

  • In the past year GDEV was profitable.
  • 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.
  • 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 96.20% 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

  • GDEV has a Profit Margin of 10.15%. This is amongst the best in the industry. GDEV outperforms 81.01% of its industry peers.
  • GDEV has a better Operating Margin (14.10%) than 84.81% of its industry peers.
  • GDEV's Operating Margin has improved in the last couple of years.
  • GDEV has a better Gross Margin (66.14%) than 73.42% 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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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.
  • The number of shares outstanding for GDEV has been reduced compared to 1 year ago.
  • 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

  • An Altman-Z score of 1.90 indicates that GDEV is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • GDEV has a Altman-Z score of 1.90. This is in the better half of the industry: GDEV outperforms 64.56% 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.
  • Looking at the Debt to FCF ratio, with a value of 0.18, GDEV belongs to the top of the industry, outperforming 91.14% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0.18
Altman-Z 1.9
ROIC/WACCN/A
WACC8.88%
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's Current ratio of 0.51 is on the low side compared to the rest of the industry. GDEV is outperformed by 81.01% of its industry peers.
  • 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.
  • The Quick ratio of GDEV (0.51) is worse than 79.75% 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

  • GDEV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -39.84%.
  • Looking at the last year, GDEV shows a decrease in Revenue. The Revenue has decreased by -9.39% in the last year.
  • 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

  • The Earnings Per Share is expected to grow by 50.88% on average over the next years. This is a very strong growth
  • 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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10

4. GDEV Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 5.20 indicates a rather cheap valuation of GDEV.
  • Compared to the rest of the industry, the Price/Earnings ratio of GDEV indicates a rather cheap valuation: GDEV is cheaper than 94.94% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 25.71, GDEV is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 4.60, the valuation of GDEV can be described as very cheap.
  • 98.73% of the companies in the same industry are more expensive than GDEV, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.83, GDEV is valued rather cheaply.
Industry RankSector Rank
PE 5.2
Fwd PE 4.6
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 cheaper than 94.94% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of GDEV indicates a rather cheap valuation: GDEV is cheaper than 83.54% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 20.83
EV/EBITDA 2.38
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

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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 (3/16/2026, 4:30:01 PM)

14.45

-0.25 (-1.7%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)11-24
Earnings (Next)03-30
Inst Owners2.62%
Inst Owner Change507.33%
Ins Owners37.06%
Ins Owner ChangeN/A
Market Cap261.98M
Revenue(TTM)420.93M
Net Income(TTM)43.15M
Analysts80
Price Target71.4 (394.12%)
Short Float %0.19%
Short Ratio1.67
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 5.2
Fwd PE 4.6
P/S 0.62
P/FCF 20.83
P/OCF 20.05
P/B N/A
P/tB N/A
EV/EBITDA 2.38
EPS(TTM)2.78
EY19.24%
EPS(NY)3.14
Fwd EY21.74%
FCF(TTM)0.69
FCFY4.8%
OCF(TTM)0.72
OCFY4.99%
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 1.9
F-Score5
WACC8.88%
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 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 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 5.2 and the Price/Book (PB) ratio is -2.02.


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.