GRID DYNAMICS HOLDINGS INC (GDYN)
US39813G1094 - Common Stock
GDYN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 86 industry peers in the IT Services industry. While GDYN has a great health rating, there are worries on its profitability. GDYN shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year GDYN was profitable.
GDYN had a positive operating cash flow in the past year.
GDYN had negative earnings in each of the past 5 years.
GDYN had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.40%, GDYN is in line with its industry, outperforming 51.19% of the companies in the same industry.
The Return On Equity of GDYN (-0.46%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.4% | ||
| ROE | -0.46% | ||
| ROIC | N/A |
ROA(3y)-3.5%
ROA(5y)-3.9%
ROE(3y)-3.97%
ROE(5y)-17.24%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Gross Margin value of 36.16%, GDYN perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
GDYN's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for GDYN so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 36.16% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.1%
GM growth 5YN/A
2. Health
2.1 Basic Checks
GDYN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for GDYN has been increased compared to 1 year ago.
Compared to 5 years ago, GDYN has more shares outstanding
GDYN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 9.99 indicates that GDYN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 9.99, GDYN belongs to the top of the industry, outperforming 94.05% of the companies in the same industry.
GDYN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.99 |
ROIC/WACCN/A
WACC10.72%
2.3 Liquidity
GDYN has a Current Ratio of 7.67. This indicates that GDYN is financially healthy and has no problem in meeting its short term obligations.
GDYN has a better Current ratio (7.67) than 100.00% of its industry peers.
GDYN has a Quick Ratio of 7.67. This indicates that GDYN is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of GDYN (7.67) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.67 | ||
| Quick Ratio | 7.67 |
3. Growth
3.1 Past
GDYN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.25%.
The Earnings Per Share has been growing by 28.73% on average over the past years. This is a very strong growth
Looking at the last year, GDYN shows a small growth in Revenue. The Revenue has grown by 0.78% in the last year.
Measured over the past years, GDYN shows a very strong growth in Revenue. The Revenue has been growing by 41.14% on average per year.
EPS 1Y (TTM)-37.25%
EPS 3Y28.73%
EPS 5YN/A
EPS growth Q2Q-50%
Revenue 1Y (TTM)0.78%
Revenue growth 3Y41.14%
Revenue growth 5YN/A
Revenue growth Q2Q-3.12%
3.2 Future
The Earnings Per Share is expected to grow by 22.28% on average over the next years. This is a very strong growth
Based on estimates for the next years, GDYN will show a quite strong growth in Revenue. The Revenue will grow by 16.19% on average per year.
EPS Next Y14.57%
EPS Next 2Y18.72%
EPS Next 3Y22.28%
EPS Next 5YN/A
Revenue Next Year7.2%
Revenue Next 2Y12.91%
Revenue Next 3Y16.19%
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.
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 31.47 indicates a quite expensive valuation of GDYN.
GDYN's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 28.28. GDYN is around the same levels.
The Price/Forward Earnings ratio is 27.47, which means the current valuation is very expensive for GDYN.
GDYN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 20.88. GDYN is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.47 | ||
| Fwd PE | 27.47 |
4.2 Price Multiples
GDYN's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GDYN is more expensive than 64.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GDYN is valued a bit cheaper than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.03 | ||
| EV/EBITDA | 146.76 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GDYN does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as GDYN's earnings are expected to grow with 22.28% in the coming years.
PEG (NY)2.16
PEG (5Y)N/A
EPS Next 2Y18.72%
EPS Next 3Y22.28%
5. Dividend
5.1 Amount
GDYN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
GRID DYNAMICS HOLDINGS INC
NASDAQ:GDYN (5/3/2024, 7:00:01 PM)
After market: 10.07 0 (0%)10.07
+0.23 (+2.34%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap765.02M
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)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 31.47 | ||
| Fwd PE | 27.47 | ||
| 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)2.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.4% | ||
| ROE | -0.46% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 36.16% | ||
| 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 Turnover0.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 7.67 | ||
| Quick Ratio | 7.67 | ||
| 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)-37.25%
EPS 3Y28.73%
EPS 5Y
EPS growth Q2Q
EPS Next Y14.57%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.78%
Revenue growth 3Y41.14%
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