DEVO Relative Valuation - Devolver Digital Inc - Alpha Spread

Devolver Digital Inc
LSE:DEVO

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Devolver Digital Inc
LSE:DEVO
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Price: 28 GBX Market Closed
Market Cap: 131.2m GBX
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Relative Value

The Relative Value of one DEVO stock under the Base Case scenario is 30.62 GBX. Compared to the current market price of 28 GBX, Devolver Digital Inc is Undervalued by 9%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

DEVO Relative Value
Base Case
30.62 GBX
Undervaluation 9%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
45
vs Industry
33
Median 3Y
1.6
Median 5Y
1.6
Industry
1.5
Forward
0
vs History
vs Industry
Median 3Y
-5.1
Median 5Y
-5.1
Industry
17.9
Forward
0.3
vs History
27
vs Industry
43
Median 3Y
4.5
Median 5Y
4.5
Industry
11.5
vs History
vs Industry
Median 3Y
-42.2
Median 5Y
-42.2
Industry
15.9
vs History
54
vs Industry
49
Median 3Y
1.1
Median 5Y
1.1
Industry
1.7
vs History
vs Industry
Median 3Y
-57.5
Median 5Y
-57.5
Industry
1.6
Forward
-0.3
vs History
vs Industry
Median 3Y
-170.7
Median 5Y
-170.7
Industry
3.4
vs History
vs Industry
Median 3Y
-71.3
Median 5Y
-71.3
Industry
9
Forward
-4.5
vs History
48
vs Industry
1
Median 3Y
338.7
Median 5Y
338.7
Industry
12.4
Forward
-7.7
vs History
vs Industry
Median 3Y
-251.2
Median 5Y
-251.2
Industry
10.8
vs History
48
vs Industry
0
Median 3Y
278.7
Median 5Y
278.7
Industry
14.1
vs History
vs Industry
Median 3Y
-41.9
Median 5Y
-41.9
Industry
1.4

Multiples Across Competitors

DEVO Competitors Multiples
Devolver Digital Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Devolver Digital Inc
LSE:DEVO
123.8m GBP 1.6 -22.7 -612.8 338.6
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
JP
Nintendo Co Ltd
TSE:7974
9.2T JPY 6.3 23.5 16.9 17.6
CN
NetEase Inc
NASDAQ:NTES
56.9B USD 3.8 14 9.3 10.1
SG
Sea Ltd
NYSE:SE
57B USD 3.9 -284.1 136.9 -1 859.6
US
Electronic Arts Inc
NASDAQ:EA
38B USD 5.2 33 19.8 25.2
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
27.2B USD 5 -7.1 39.8 -77.3
US
Roblox Corp
NYSE:RBLX
26.9B USD 8.5 -25 -26 -21.3
JP
Nexon Co Ltd
TSE:3659
2.3T JPY 5.3 33.4 12.5 13.4
JP
Konami Holdings Corp
TSE:9766
2T JPY 5.3 30.9 15.9 20.3
KR
Krafton Inc
KRX:259960
15.1T KRW 6.4 16.9 10.7 11.8
P/E Multiple
Earnings Growth
US
Devolver Digital Inc
LSE:DEVO
Average P/E: 26.5
Negative Multiple: -22.7
N/A
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
151%
JP
Nintendo Co Ltd
TSE:7974
23.5
-4%
CN
NetEase Inc
NASDAQ:NTES
14
34%
SG
Sea Ltd
NYSE:SE
Negative Multiple: -284.1
1 129%
US
Electronic Arts Inc
NASDAQ:EA
33
98%
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -7.1 N/A
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -25 N/A
JP
N
Nexon Co Ltd
TSE:3659
33.4
115%
JP
Konami Holdings Corp
TSE:9766
30.9
39%
KR
Krafton Inc
KRX:259960
16.9
80%
EV/EBIT Multiple
EBIT Growth
US
Devolver Digital Inc
LSE:DEVO
Average EV/EBIT: 58.2
338.6
N/A
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
153%
JP
Nintendo Co Ltd
TSE:7974
17.6
N/A
CN
NetEase Inc
NASDAQ:NTES
10.1
37%
SG
Sea Ltd
NYSE:SE
Negative Multiple: -1 859.6
506%
US
Electronic Arts Inc
NASDAQ:EA
25.2
85%
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -77.3 N/A
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -21.3 N/A
JP
N
Nexon Co Ltd
TSE:3659
13.4
N/A
JP
Konami Holdings Corp
TSE:9766
20.3
N/A
KR
Krafton Inc
KRX:259960
11.8
75%

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