Company Valuation: GDEV Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2023 2024 2025 2026 2027
Market Cap 1 1,584 436.3 350.2 272 190 -
Change - - -19.74% -22.34% -30.15% -
Enterprise Value (EV) 1,441 436.3 350.2 272 190 190
Change - - -19.74% -22.34% -30.15% 0%
P/E - 9.61x 14x 3.98x 2.29x 2.01x
PBR -9.83x - - - - -
PEG - - -0.4x 0x 0.1x 0.1x
Capitalization / Revenue 3.65x - 0.83x 0.67x 0.44x 0.41x
EV / Revenue 0x - 0x 0x 0.44x 0.41x
EV / EBITDA 0x - 0x 0x 1.77x 1.53x
EV / EBIT 0x - 0x 0x 1.88x 1.64x
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 - 2.3 1.38 3.77 4.58 5.21
Distribution rate - - - - - -
Net sales 1 434.1 - 420.9 404 435 465
EBITDA 1 4.722 - 42 79 107.2 124.3
EBIT 1 2.182 - 40.5 71.13 101 115.9
Net income 1 -117.5 46.12 25.53 69.33 91.78 104.3
Net Debt -142.8 - - - - -
Reference price 2 80.60 22.10 19.34 15.00 10.47 10.47
Nbr of stocks (in thousands) 19,652 19,743 18,106 18,130 18,150 -
Announcement Date 29/04/22 29/03/24 31/03/25 05/03/26 - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
2.29x - - - 190M
27.36x10.1x16.5x0.71% 4,006B
129.26x57.21x93.17x-.--% 482B
20.24x5.8x10.1x1.48% 408B
234.93x20.94x61.3x-.--% 303B
2445.7x40.91x133.83x-.--% 251B
28.39x5.72x18.01x1.33% 260B
94.23x9.35x25.03x-.--% 154B
58.97x15.86x41.77x-.--% 133B
479.45x20.38x80.54x-.--% 95.6B
Average 352.08x 20.70x 53.36x 0.39% 609.2B
Weighted average by Cap. 154.40x 15.43x 31.04x 0.63%

Y-o-Y evolution of P/E

Valuation ratios - P/E - GDEV Inc.

Historical PBR trend

Valuation ratios - PBR - GDEV Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - GDEV Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - GDEV Inc.