Frontier Developments PLC
LSE:FDEV

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Frontier Developments PLC
LSE:FDEV
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Price: 320.5 GBX 2.72% Market Closed
Market Cap: 126.5m GBX

Relative Value

The Relative Value of one FDEV stock under the Base Case scenario is 289.13 GBX. Compared to the current market price of 320.5 GBX, Frontier Developments PLC is Overvalued by 10%.

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.

FDEV Relative Value
Base Case
289.13 GBX
Overvaluation 10%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
63
vs Industry
55
Median 3Y
1.2
Median 5Y
3.7
Industry
1.5
Forward
1.4
vs History
58
vs Industry
43
Median 3Y
4.9
Median 5Y
24.9
Industry
18.3
Forward
52.5
vs History
66
vs Industry
57
Median 3Y
3
Median 5Y
6.9
Industry
11.2
vs History
49
vs Industry
27
Median 3Y
12.3
Median 5Y
18.7
Industry
15.7
vs History
61
vs Industry
54
Median 3Y
1.4
Median 5Y
3.5
Industry
1.8
vs History
61
vs Industry
55
Median 3Y
1.1
Median 5Y
3.5
Industry
1.6
Forward
1.3
vs History
63
vs Industry
62
Median 3Y
1.6
Median 5Y
5.4
Industry
3.5
vs History
71
vs Industry
54
Median 3Y
3.5
Median 5Y
9.2
Industry
9
Forward
5.4
vs History
52
vs Industry
33
Median 3Y
8.3
Median 5Y
24.8
Industry
12.7
Forward
208.6
vs History
66
vs Industry
57
Median 3Y
2.8
Median 5Y
6.6
Industry
10.8
vs History
69
vs Industry
36
Median 3Y
17.1
Median 5Y
68.5
Industry
13.3
vs History
61
vs Industry
48
Median 3Y
1.3
Median 5Y
3.8
Industry
1.5

Multiples Across Competitors

FDEV Competitors Multiples
Frontier Developments PLC Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Frontier Developments PLC
LSE:FDEV
126.5m GBP 1.4 7.9 3.5 14.1
JP
Nintendo Co Ltd
TSE:7974
14.8T JPY 12.7 53.2 42.8 45.2
SG
Sea Ltd
NYSE:SE
90.6B USD 5.1 104.1 61.4 84.3
CN
NetEase Inc
NASDAQ:NTES
82.9B USD 5.5 18.4 13.4 14.3
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
US
Roblox Corp
NYSE:RBLX
69.2B USD 18 -78.6 -85.5 -66.4
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
42.2B USD 7.5 -9.4 64.5 -89.1
US
Electronic Arts Inc
NASDAQ:EA
37.9B USD 5.1 33.8 19.2 23.6
JP
Konami Holdings Corp
TSE:9766
3T JPY 7 39.5 20.7 26.5
JP
Nexon Co Ltd
TSE:3659
2.3T JPY 5.1 18.4 11.6 12.5
JP
Capcom Co Ltd
TSE:9697
2T JPY 11.6 40.7 25.7 27.5
P/E Multiple
Earnings Growth PEG
UK
Frontier Developments PLC
LSE:FDEV
Average P/E: 38.9
7.9
N/A N/A
JP
Nintendo Co Ltd
TSE:7974
53.2
N/A N/A
SG
Sea Ltd
NYSE:SE
104.1
98%
1.1
CN
NetEase Inc
NASDAQ:NTES
18.4
16%
1.1
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -78.6 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -9.4 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
33.8
32%
1.1
JP
Konami Holdings Corp
TSE:9766
39.5
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
18.4
-4%
N/A
JP
Capcom Co Ltd
TSE:9697
40.7
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Frontier Developments PLC
LSE:FDEV
Average EV/EBITDA: 28.8
3.5
-4%
N/A
JP
Nintendo Co Ltd
TSE:7974
42.8
34%
1.3
SG
Sea Ltd
NYSE:SE
61.4
77%
0.8
CN
NetEase Inc
NASDAQ:NTES
13.4
14%
1
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -85.5 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
64.5
56%
1.2
US
Electronic Arts Inc
NASDAQ:EA
19.2
19%
1
JP
Konami Holdings Corp
TSE:9766
20.7
13%
1.6
JP
N
Nexon Co Ltd
TSE:3659
11.6
1%
11.6
JP
Capcom Co Ltd
TSE:9697
25.7
13%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
Frontier Developments PLC
LSE:FDEV
Average EV/EBIT: 30.8
14.1
N/A N/A
JP
Nintendo Co Ltd
TSE:7974
45.2
N/A N/A
SG
Sea Ltd
NYSE:SE
84.3
92%
0.9
CN
NetEase Inc
NASDAQ:NTES
14.3
16%
0.9
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -66.4 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -89.1 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
23.6
23%
1
JP
Konami Holdings Corp
TSE:9766
26.5
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
12.5
N/A N/A
JP
Capcom Co Ltd
TSE:9697
27.5
N/A N/A