GDEV INC (GDEV)
VGG6529J1003 - Common Stock
We assign a fundamental rating of 5 out of 10 to GDEV. GDEV was compared to 77 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 is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year GDEV was profitable.
GDEV had a positive operating cash flow in the past year.
1.2 Ratios
GDEV's Return On Assets of 2.37% is fine compared to the rest of the industry. GDEV outperforms 74.03% of its industry peers.
GDEV's Return On Invested Capital of 878.10% is amongst the best of the industry. GDEV outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | N/A | ||
| ROIC | 878.1% |
ROA(3y)-11.88%
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of GDEV (1.52%) is better than 70.13% of its industry peers.
GDEV has a Operating Margin of 17.14%. This is amongst the best in the industry. GDEV outperforms 85.71% of its industry peers.
GDEV has a Gross Margin of 63.79%. This is amongst the best in the industry. GDEV outperforms 83.12% of its industry peers.
In the last couple of years the Gross Margin of GDEV has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.14% | ||
| PM (TTM) | 1.52% | ||
| GM | 63.79% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.67%
GM growth 5YN/A
2. Health
2.1 Basic Checks
GDEV has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, GDEV has more shares outstanding
Compared to 1 year ago, GDEV has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.04 indicates that GDEV is not a great score, but indicates only limited risk for bankruptcy at the moment.
GDEV's Altman-Z score of 2.04 is fine compared to the rest of the industry. GDEV outperforms 76.62% of its industry peers.
GDEV has a debt to FCF ratio of 0.09. This is a very positive value and a sign of high solvency as it would only need 0.09 years to pay back of all of its debts.
The Debt to FCF ratio of GDEV (0.09) is better than 96.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 0.09 | ||
| Altman-Z | 2.04 |
ROIC/WACC95.14
WACC9.23%
2.3 Liquidity
GDEV has a Current Ratio of 0.66. 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 Current ratio of 0.66. This is in the lower half of the industry: GDEV underperforms 70.13% of its industry peers.
GDEV has a Quick Ratio of 0.66. 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 Quick ratio value of 0.66, GDEV is not doing good in the industry: 70.13% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
GDEV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 106.67%, which is quite impressive.
Looking at the last year, GDEV shows a quite strong growth in Revenue. The Revenue has grown by 10.50% in the last year.
GDEV shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 72.29% yearly.
EPS 1Y (TTM)106.67%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-29.42%
Revenue 1Y (TTM)10.5%
Revenue growth 3Y72.29%
Revenue growth 5YN/A
Revenue growth Q2Q-2.81%
3.2 Future
GDEV is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.55% yearly.
Based on estimates for the next years, GDEV will show a very strong growth in Revenue. The Revenue will grow by 21.82% on average per year.
EPS Next Y26.87%
EPS Next 2Y37.77%
EPS Next 3Y42.55%
EPS Next 5YN/A
Revenue Next Year21.43%
Revenue Next 2Y21.12%
Revenue Next 3Y21.82%
Revenue Next 5YN/A
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 56.75, which means the current valuation is very expensive for GDEV.
GDEV's Price/Earnings ratio is a bit cheaper when compared to the industry. GDEV is cheaper than 68.83% of the companies in the same industry.
When comparing the Price/Earnings ratio of GDEV to the average of the S&P500 Index (25.25), we can say GDEV is valued expensively.
With a Price/Forward Earnings ratio of 1.64, the valuation of GDEV can be described as very cheap.
Based on the Price/Forward Earnings ratio, GDEV is valued cheaper than 100.00% 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 21.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.75 | ||
| Fwd PE | 1.64 |
4.2 Price Multiples
GDEV's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GDEV is cheaper than 92.21% of the companies in the same industry.
GDEV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GDEV is cheaper than 84.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.54 | ||
| EV/EBITDA | 2.35 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as GDEV's earnings are expected to grow with 42.55% in the coming years.
PEG (NY)2.11
PEG (5Y)N/A
EPS Next 2Y37.77%
EPS Next 3Y42.55%
5. Dividend
5.1 Amount
GDEV does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
GDEV INC
NASDAQ:GDEV (4/25/2024, 1:12:56 PM)
2.27
+0.07 (+3.18%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap448.08M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.75 | ||
| Fwd PE | 1.64 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.11
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.37% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.14% | ||
| PM (TTM) | 1.52% | ||
| GM | 63.79% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.66 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)106.67%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y26.87%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.5%
Revenue growth 3Y72.29%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y