N

Nexters Inc
NASDAQ:GDEV

Watchlist Manager
Nexters Inc
NASDAQ:GDEV
Watchlist
Price: 16.06 USD -1.76% Market Closed
Market Cap: 291.2m USD

Relative Value

The Relative Value of one GDEV stock under the Base Case scenario is 24.06 USD. Compared to the current market price of 16.06 USD, Nexters Inc is Undervalued by 33%.

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.

GDEV Relative Value
Base Case
24.06 USD
Undervaluation 33%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
81
vs Industry
70
Median 3Y
1.2
Median 5Y
7
Industry
1.5
Forward
0.7
vs History
22
vs Industry
43
Median 3Y
10.4
Median 5Y
-10.1
Industry
18.3
Forward
7.2
vs History
84
vs Industry
37
Median 3Y
22.7
Median 5Y
24.3
Industry
11.4
vs History
84
vs Industry
33
Median 3Y
27.2
Median 5Y
28.6
Industry
16
vs History
vs Industry
Median 3Y
-4.5
Median 5Y
-84.5
Industry
1.8
vs History
84
vs Industry
77
Median 3Y
0.9
Median 5Y
7
Industry
1.6
Forward
0.4
vs History
84
vs Industry
78
Median 3Y
1.4
Median 5Y
10.8
Industry
3.5
vs History
44
vs Industry
53
Median 3Y
5.9
Median 5Y
3
Industry
9
Forward
3.2
vs History
44
vs Industry
48
Median 3Y
7.1
Median 5Y
3.5
Industry
12.8
Forward
3.6
vs History
84
vs Industry
45
Median 3Y
15.9
Median 5Y
16.1
Industry
10.9
vs History
84
vs Industry
42
Median 3Y
16.6
Median 5Y
16.8
Industry
13.5
vs History
74
vs Industry
51
Median 3Y
2.5
Median 5Y
2.8
Industry
1.5

Multiples Across Competitors

GDEV Competitors Multiples
Nexters Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
VG
Nexters Inc
NASDAQ:GDEV
290.9m USD 0.7 11.4 3.3 3.9
JP
Nintendo Co Ltd
TSE:7974
15.2T JPY 13 54.5 44.1 46.5
SG
Sea Ltd
NYSE:SE
88.1B USD 4.9 101.2 59.7 81.9
CN
NetEase Inc
NASDAQ:NTES
85.9B USD 5.7 19 14 15
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
US
Roblox Corp
NYSE:RBLX
71.1B USD 18.5 -80.8 -87.9 -68.3
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
42.6B USD 7.6 -9.5 65.1 -89.9
US
Electronic Arts Inc
NASDAQ:EA
38.5B USD 5.2 34.3 19.5 23.9
JP
Konami Holdings Corp
TSE:9766
2.8T JPY 6.6 37.2 19.4 24.8
JP
Nexon Co Ltd
TSE:3659
2.3T JPY 5.1 18.3 11.5 12.4
CN
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
93.5B CNY 3.5 48.9 24.5 24.5
P/E Multiple
Earnings Growth PEG
VG
N
Nexters Inc
NASDAQ:GDEV
Average P/E: 39.9
11.4
N/A N/A
JP
Nintendo Co Ltd
TSE:7974
54.5
N/A N/A
SG
Sea Ltd
NYSE:SE
101.2
98%
1
CN
NetEase Inc
NASDAQ:NTES
19
16%
1.2
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -80.8 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -9.5 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
34.3
N/A N/A
JP
Konami Holdings Corp
TSE:9766
37.2
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
18.3
-4%
N/A
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
48.9
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
VG
N
Nexters Inc
NASDAQ:GDEV
Average EV/EBITDA: 28.6
3.3
N/A N/A
JP
Nintendo Co Ltd
TSE:7974
44.1
34%
1.3
SG
Sea Ltd
NYSE:SE
59.7
77%
0.8
CN
NetEase Inc
NASDAQ:NTES
14
14%
1
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -87.9 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
65.1
N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
19.5
19%
1
JP
Konami Holdings Corp
TSE:9766
19.4
13%
1.5
JP
N
Nexon Co Ltd
TSE:3659
11.5
1%
11.5
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
24.5
37%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
VG
N
Nexters Inc
NASDAQ:GDEV
Average EV/EBIT: 29.1
3.9
N/A N/A
JP
Nintendo Co Ltd
TSE:7974
46.5
N/A N/A
SG
Sea Ltd
NYSE:SE
81.9
92%
0.9
CN
NetEase Inc
NASDAQ:NTES
15
16%
0.9
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -68.3 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -89.9 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
23.9
N/A N/A
JP
Konami Holdings Corp
TSE:9766
24.8
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
12.4
N/A N/A
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
24.5
29%
0.8