N

Nexters Inc
NASDAQ:GDEV

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Nexters Inc
NASDAQ:GDEV
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Price: 16.49 USD 2.65% Market Closed
Market Cap: 299m USD

Relative Value

The Relative Value of one GDEV stock under the Base Case scenario is 25.7 USD. Compared to the current market price of 16.49 USD, Nexters Inc is Undervalued by 36%.

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
25.7 USD
Undervaluation 36%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
82
vs Industry
70
Median 3Y
1
Median 5Y
6.2
Industry
1.5
Forward
0.7
vs History
44
vs Industry
43
Median 3Y
9.6
Median 5Y
6.1
Industry
17.2
Forward
4.3
vs History
55
vs Industry
37
Median 3Y
22.4
Median 5Y
24.8
Industry
11
vs History
53
vs Industry
33
Median 3Y
25.7
Median 5Y
29.2
Industry
15.5
vs History
vs Industry
Median 3Y
-4.2
Median 5Y
-77.8
Industry
1.8
vs History
80
vs Industry
77
Median 3Y
0.8
Median 5Y
6.2
Industry
1.6
Forward
0.5
vs History
80
vs Industry
78
Median 3Y
1.2
Median 5Y
9.4
Industry
3.5
vs History
46
vs Industry
53
Median 3Y
5.9
Median 5Y
3.1
Industry
8.9
Forward
2.7
vs History
47
vs Industry
48
Median 3Y
7.1
Median 5Y
3.4
Industry
12.7
Forward
3
vs History
49
vs Industry
45
Median 3Y
15.7
Median 5Y
16.7
Industry
10.6
vs History
49
vs Industry
42
Median 3Y
16.4
Median 5Y
17.2
Industry
12.6
vs History
73
vs Industry
51
Median 3Y
2.2
Median 5Y
2.8
Industry
1.4

Multiples Across Competitors

GDEV Competitors Multiples
Nexters 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
VG
Nexters Inc
NASDAQ:GDEV
299m USD 0.7 6.9 3.4 3.7
CN
NetEase Inc
NASDAQ:NTES
86.3B USD 5.5 16.9 12.5 13.3
JP
Nintendo Co Ltd
TSE:7974
13T JPY 7.5 35.3 33.8 35.6
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
SG
Sea Ltd
NYSE:SE
70.4B USD 3.4 50.1 39.1 39.1
US
Roblox Corp
NYSE:RBLX
60.3B USD 13.5 -63.1 -65.6 -53
US
Electronic Arts Inc
NASDAQ:EA
50.7B USD 7 57.5 32.7 41
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
44.4B USD 7.3 -11.3 52.5 -124.6
JP
Nexon Co Ltd
TSE:3659
3T JPY 6.9 26.4 17.9 19.6
JP
Konami Holdings Corp
TSE:9766
2.9T JPY 6.3 34.4 17.9 23.1
CN
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
124.7B CNY 3.6 33.1 20.6 20.6
P/E Multiple
Earnings Growth PEG
VG
N
Nexters Inc
NASDAQ:GDEV
Average P/E: 32.8
6.9
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
16.9
17%
1
JP
Nintendo Co Ltd
TSE:7974
35.3
32%
1.1
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
SG
Sea Ltd
NYSE:SE
50.1
97%
0.5
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -63.1 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
57.5
33%
1.7
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -11.3 N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
26.4
0%
N/A
JP
Konami Holdings Corp
TSE:9766
34.4
21%
1.6
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
33.1
94%
0.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
VG
N
Nexters Inc
NASDAQ:GDEV
Average EV/EBITDA: 25.5
3.4
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
12.5
16%
0.8
JP
Nintendo Co Ltd
TSE:7974
33.8
37%
0.9
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
SG
Sea Ltd
NYSE:SE
39.1
76%
0.5
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -65.6 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
32.7
20%
1.6
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
52.5
60%
0.9
JP
N
Nexon Co Ltd
TSE:3659
17.9
5%
3.6
JP
Konami Holdings Corp
TSE:9766
17.9
15%
1.2
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
20.6
54%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
VG
N
Nexters Inc
NASDAQ:GDEV
Average EV/EBIT: 25
3.7
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
13.3
16%
0.8
JP
Nintendo Co Ltd
TSE:7974
35.6
N/A N/A
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
SG
Sea Ltd
NYSE:SE
39.1
88%
0.4
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -53 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
41
24%
1.7
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -124.6 N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
19.6
N/A N/A
JP
Konami Holdings Corp
TSE:9766
23.1
N/A N/A
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
20.6
48%
0.4