GDEV INC (GDEV) Stock Fundamental Analysis
NASDAQ:GDEV - Nasdaq - VGG6529J2092 - Common Stock - Currency: USD
Taking everything into account, GDEV scores 6 out of 10 in our fundamental rating. GDEV was compared to 72 industry peers in the Entertainment industry. GDEV has an average financial health and profitability rating. GDEV is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make GDEV a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year GDEV was profitable.
GDEV had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: GDEV reported negative net income in multiple years.
Each year in the past 5 years GDEV had a positive operating cash flow.
1.2 Ratios
GDEV has a better Return On Assets (9.38%) than 94.44% of its industry peers.
GDEV has a better Return On Invested Capital (410.37%) than 100.00% of its industry peers.
| 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 amongst the best of the industry. GDEV outperforms 81.94% 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.
With a decent Gross Margin value of 66.26%, GDEV is doing good in the industry, outperforming 77.78% of the companies in the same industry.
GDEV's Gross Margin has improved in the last couple of years.
| 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.
GDEV has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.64, we must say that GDEV is in the distress zone and has some risk of bankruptcy.
GDEV has a Altman-Z score of 1.64. This is in the better half of the industry: GDEV outperforms 63.89% of its industry peers.
The Debt to FCF ratio of GDEV is 0.05, which is an excellent value as it means it would take GDEV, only 0.05 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 0.05, GDEV belongs to the best of the industry, outperforming 93.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 1.64 |
ROIC/WACC46.06
WACC8.91%
2.3 Liquidity
A Current Ratio of 0.68 indicates that GDEV may have some problems paying its short term obligations.
GDEV's Current ratio of 0.68 is in line compared to the rest of the industry. GDEV outperforms 40.28% of its industry peers.
A Quick Ratio of 0.68 indicates that GDEV may have some problems paying its short term obligations.
The Quick ratio of GDEV (0.68) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
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%.
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%-124.74%
Revenue 1Y (TTM)-9.39%
Revenue growth 3Y-1.02%
Revenue growth 5Y35.02%
Sales Q2Q%-10.63%
3.2 Future
The Earnings Per Share is expected to grow by 12.75% on average over the next years. This is quite good.
Based on estimates for the next years, GDEV will show a quite strong growth in Revenue. The Revenue will grow by 10.12% on average per year.
EPS Next Y32.3%
EPS Next 2Y12.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.4%
Revenue Next 2Y10.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 12.14 indicates a correct valuation of GDEV.
Based on the Price/Earnings ratio, GDEV is valued cheaply inside the industry as 91.67% of the companies are valued more expensively.
GDEV is valuated rather cheaply when we compare the Price/Earnings ratio to 23.99, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 9.17 indicates a reasonable valuation of GDEV.
Based on the Price/Forward Earnings ratio, GDEV is valued cheaply inside the industry as 98.61% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.35, GDEV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.14 | ||
| Fwd PE | 9.17 |
4.2 Price Multiples
91.67% of the companies in the same industry are more expensive than GDEV, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GDEV indicates a rather cheap valuation: GDEV is cheaper than 84.72% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.81 | ||
| EV/EBITDA | 3.02 |
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.
The decent profitability rating of GDEV may justify a higher PE ratio.
A more expensive valuation may be justified as GDEV's earnings are expected to grow with 12.75% in the coming years.
PEG (NY)0.38
PEG (5Y)N/A
EPS Next 2Y12.75%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 27.79%, GDEV is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.69, 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 2.44, GDEV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 27.79% |
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 2Y12.75%
EPS Next 3YN/A
NASDAQ:GDEV (5/7/2025, 8:07:58 PM)
16.75
+0.31 (+1.89%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners39.04%
Ins Owner ChangeN/A
Market Cap303.68M
Analysts80
Price Target58.14 (247.1%)
Short Float %0.5%
Short Ratio0.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 27.79% |
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)22.58%
EPS NQ rev (3m)22.58%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-4.23%
Revenue NY rev (3m)-4.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.14 | ||
| Fwd PE | 9.17 | ||
| P/S | 0.72 | ||
| P/FCF | 10.81 | ||
| P/OCF | 10.65 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.02 |
EPS(TTM)1.38
EY8.24%
EPS(NY)1.83
Fwd EY10.9%
FCF(TTM)1.55
FCFY9.25%
OCF(TTM)1.57
OCFY9.39%
SpS23.22
BVpS-5.6
TBVpS-5.95
PEG (NY)0.38
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 | 1.64 |
F-Score7
WACC8.91%
ROIC/WACC46.06
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%-124.74%
EPS Next Y32.3%
EPS Next 2Y12.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.39%
Revenue growth 3Y-1.02%
Revenue growth 5Y35.02%
Sales Q2Q%-10.63%
Revenue Next Year4.4%
Revenue Next 2Y10.12%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.57%
EBIT growth 3Y168.16%
EBIT growth 5YN/A
EBIT Next Year20.23%
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%