GDEV INC (GDEV) Fundamental Analysis & Valuation

NASDAQ:GDEV • VGG6529J2092

Current stock price

16.46 USD
+0.07 (+0.43%)
Last:

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

8

1. GDEV Profitability Analysis

1.1 Basic Checks

  • GDEV had positive earnings in the past year.
  • GDEV had a positive operating cash flow in the past year.
  • GDEV had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years GDEV had a positive operating cash flow.
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 2025 0 50M -50M 100M -100M

1.2 Ratios

  • The Return On Assets of GDEV (29.74%) is better than 98.73% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 5175.02%, GDEV belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for GDEV is significantly above the industry average of 159.15%.
  • The last Return On Invested Capital (5175.02%) for GDEV is above the 3 year average (1926.13%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 29.74%
ROE N/A
ROIC 5175.02%
ROA(3y)17.84%
ROA(5y)3.65%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)1926.13%
ROIC(5y)N/A
GDEV Yearly ROA, ROE, ROICGDEV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 1K 2K 3K 4K 5K

1.3 Margins

  • With an excellent Profit Margin value of 17.15%, GDEV belongs to the best of the industry, outperforming 92.41% of the companies in the same industry.
  • In the last couple of years the Profit Margin of GDEV has grown nicely.
  • GDEV's Operating Margin of 17.59% is amongst the best of the industry. GDEV outperforms 89.87% of its industry peers.
  • In the last couple of years the Operating Margin of GDEV has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 65.03%, GDEV is in the better half of the industry, outperforming 75.95% of the companies in the same industry.
  • GDEV's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 17.59%
PM (TTM) 17.15%
GM 65.03%
OM growth 3Y0.88%
OM growth 5YN/A
PM growth 3Y124.19%
PM growth 5YN/A
GM growth 3Y0.64%
GM growth 5Y0.16%
GDEV Yearly Profit, Operating, Gross MarginsGDEV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. GDEV Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so GDEV is creating value.
  • The number of shares outstanding for GDEV has been increased compared to 1 year ago.
  • Compared to 5 years ago, GDEV has less shares outstanding
  • The debt/assets ratio for GDEV has been reduced compared to a year ago.
GDEV Yearly Shares OutstandingGDEV Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 2025 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 2025 100M 200M 300M

2.2 Solvency

  • GDEV has an Altman-Z score of 2.37. 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 (2.37) than 72.15% of its industry peers.
  • GDEV has a debt to FCF ratio of 0.04. This is a very positive value and a sign of high solvency as it would only need 0.04 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 0.04, 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 0.04
Altman-Z 2.37
ROIC/WACC573.73
WACC9.02%
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 2025 0 50M -50M 100M -100M -150M

2.3 Liquidity

  • A Current Ratio of 0.67 indicates that GDEV may have some problems paying its short term obligations.
  • GDEV has a Current ratio of 0.67. This is in the lower half of the industry: GDEV underperforms 68.35% of its industry peers.
  • A Quick Ratio of 0.67 indicates that GDEV may have some problems paying its short term obligations.
  • The Quick ratio of GDEV (0.67) is worse than 67.09% of its industry peers.
Industry RankSector Rank
Current Ratio 0.67
Quick Ratio 0.67
GDEV Yearly Current Assets VS Current LiabilitesGDEV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 2025 100M 200M 300M

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

5

3. GDEV Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 173.19% over the past year.
  • GDEV shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 355.02% yearly.
  • The Revenue has decreased by -3.94% in the past year.
  • The Revenue has been growing by 9.16% on average over the past years. This is quite good.
EPS 1Y (TTM)173.19%
EPS 3Y355.02%
EPS 5YN/A
EPS Q2Q%471.43%
Revenue 1Y (TTM)-3.94%
Revenue growth 3Y-5.54%
Revenue growth 5Y9.16%
Sales Q2Q%-7.71%

3.2 Future

  • Based on estimates for the next years, GDEV will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.73% on average per year.
  • GDEV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.46% yearly.
EPS Next Y18.1%
EPS Next 2Y18.73%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.89%
Revenue Next 2Y6.46%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • 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 2027 200M 400M 600M 800M
GDEV Yearly EPS VS EstimatesGDEV Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 1 2 3 4 5

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Find the best growth stocksShow best growing peers

9

4. GDEV Valuation Analysis

4.1 Price/Earnings Ratio

  • GDEV is valuated cheaply with a Price/Earnings ratio of 4.37.
  • GDEV's Price/Earnings ratio is rather cheap when compared to the industry. GDEV is cheaper than 97.47% of the companies in the same industry.
  • GDEV's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.64.
  • Based on the Price/Forward Earnings ratio of 3.70, the valuation of GDEV can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of GDEV indicates a rather cheap valuation: GDEV is cheaper than 100.00% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 21.36. GDEV is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 4.37
Fwd PE 3.7
GDEV Price Earnings VS Forward Price EarningsGDEV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GDEV is valued cheaply inside the industry as 94.94% of the companies are valued more expensively.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of GDEV indicates a rather cheap valuation: GDEV is cheaper than 92.41% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 10.26
EV/EBITDA 1.86
GDEV Per share dataGDEV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 15 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.
  • GDEV has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as GDEV's earnings are expected to grow with 18.73% in the coming years.
PEG (NY)0.24
PEG (5Y)N/A
EPS Next 2Y18.73%
EPS Next 3YN/A

More info and screens

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

0

5. GDEV Dividend Analysis

5.1 Amount

  • GDEV does not give a dividend.
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 (5/1/2026, 8:00:01 PM)

16.46

+0.07 (+0.43%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Industry StrengthN/A
Industry GrowthN/A
Earnings (Last)03-05
Earnings (Next)05-14
Inst Owners2.62%
Inst Owner Change0%
Ins Owners37.02%
Ins Owner Change0%
Market Cap298.75M
Revenue(TTM)404.35M
Net Income(TTM)69.33M
Analysts80
Price Target71.4 (333.78%)
Short Float %0.19%
Short Ratio1.63
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend3.09
Dividend Growth(5Y)N/A
DP80.76%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)104.32%
Min EPS beat(2)-3.2%
Max EPS beat(2)211.84%
EPS beat(4)3
Avg EPS beat(4)196.51%
Min EPS beat(4)-3.2%
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)0
Avg Revenue beat(2)-4.39%
Min Revenue beat(2)-7.9%
Max Revenue beat(2)-0.87%
Revenue beat(4)2
Avg Revenue beat(4)6.97%
Min Revenue beat(4)-7.9%
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)41.72%
EPS NY rev (3m)41.72%
Revenue NQ rev (1m)0.55%
Revenue NQ rev (3m)0.55%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 4.37
Fwd PE 3.7
P/S 0.74
P/FCF 10.26
P/OCF 10.15
P/B N/A
P/tB N/A
EV/EBITDA 1.86
EPS(TTM)3.77
EY22.9%
EPS(NY)4.45
Fwd EY27.05%
FCF(TTM)1.61
FCFY9.75%
OCF(TTM)1.62
OCFY9.86%
SpS22.28
BVpS-4.99
TBVpS-5.13
PEG (NY)0.24
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA 29.74%
ROE N/A
ROCE 5820.87%
ROIC 5175.02%
ROICexc N/A
ROICexgc N/A
OM 17.59%
PM (TTM) 17.15%
GM 65.03%
FCFM 7.2%
ROA(3y)17.84%
ROA(5y)3.65%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)1926.13%
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)2166.52%
ROCE(5y)1137.55%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y0.88%
OM growth 5YN/A
PM growth 3Y124.19%
PM growth 5YN/A
GM growth 3Y0.64%
GM growth 5Y0.16%
F-Score4
Asset Turnover1.73
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 0.04
Debt/EBITDA 0
Cap/Depr 4.57%
Cap/Sales 0.08%
Interest Coverage 846.8
Cash Conversion 37.76%
Profit Quality 42.02%
Current Ratio 0.67
Quick Ratio 0.67
Altman-Z 2.37
F-Score4
WACC9.02%
ROIC/WACC573.73
Cap/Depr(3y)7.89%
Cap/Depr(5y)19.13%
Cap/Sales(3y)0.11%
Cap/Sales(5y)0.18%
Profit Quality(3y)63.1%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)173.19%
EPS 3Y355.02%
EPS 5YN/A
EPS Q2Q%471.43%
EPS Next Y18.1%
EPS Next 2Y18.73%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-3.94%
Revenue growth 3Y-5.54%
Revenue growth 5Y9.16%
Sales Q2Q%-7.71%
Revenue Next Year4.89%
Revenue Next 2Y6.46%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y75.65%
EBIT growth 3Y-4.71%
EBIT growth 5YN/A
EBIT Next Year40.06%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y3.72%
FCF growth 3Y-36.73%
FCF growth 5Y-24.72%
OCF growth 1Y3.23%
OCF growth 3Y-36.7%
OCF growth 5Y-24.57%

GDEV INC / GDEV Fundamental Analysis FAQ

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

ChartMill assigns a fundamental rating of 6 / 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 8 / 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 4.37 and the Price/Book (PB) ratio is -3.3.


How financially healthy is GDEV INC?

The financial health rating of GDEV INC (GDEV) is 5 / 10.