N

Nexters Inc
NASDAQ:GDEV

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Nexters Inc
NASDAQ:GDEV
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Price: 17.9099 USD 5.1% Market Closed
Market Cap: 324.7m USD

Relative Value

The Relative Value of one GDEV stock under the Base Case scenario is 25.661 USD. Compared to the current market price of 17.9099 USD, Nexters Inc is Undervalued by 30%.

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
25.661 USD
Undervaluation 30%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
79
vs Industry
70
Median 3Y
1
Median 5Y
6.2
Industry
1.5
Forward
0.8
vs History
42
vs Industry
43
Median 3Y
9.6
Median 5Y
6.1
Industry
17
Forward
4.6
vs History
49
vs Industry
37
Median 3Y
22.5
Median 5Y
24.8
Industry
11
vs History
47
vs Industry
33
Median 3Y
25.7
Median 5Y
29.5
Industry
15.3
vs History
vs Industry
Median 3Y
-4.2
Median 5Y
-77.8
Industry
1.7
vs History
76
vs Industry
77
Median 3Y
0.8
Median 5Y
6.2
Industry
1.6
Forward
0.6
vs History
76
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
8.7
Forward
3
vs History
46
vs Industry
48
Median 3Y
7.1
Median 5Y
3.4
Industry
12.5
Forward
3.3
vs History
47
vs Industry
45
Median 3Y
15.7
Median 5Y
16.7
Industry
10.5
vs History
47
vs Industry
42
Median 3Y
16.4
Median 5Y
17.2
Industry
12.6
vs History
61
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
324.7m USD 0.8 7.5 3.8 4.2
CN
NetEase Inc
NASDAQ:NTES
88.4B USD 5.6 17.1 12.8 13.6
JP
Nintendo Co Ltd
TSE:7974
12.1T JPY 7 32.9 31.1 32.8
SG
Sea Ltd
NYSE:SE
74.7B USD 3.6 52.7 41.2 41.2
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
US
Roblox Corp
NYSE:RBLX
57.5B USD 12.9 -59.3 -61.5 -49.8
US
Electronic Arts Inc
NASDAQ:EA
51B USD 7 57.6 32.8 41.1
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
46.5B USD 7.5 -11.6 54.1 -128.3
JP
Nexon Co Ltd
TSE:3659
3T JPY 6.9 26.4 17.9 19.7
JP
Konami Holdings Corp
TSE:9766
2.9T JPY 6.2 34 17.7 22.8
CN
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
126.8B CNY 3.7 33.6 21 21
P/E Multiple
Earnings Growth PEG
VG
N
Nexters Inc
NASDAQ:GDEV
Average P/E: 32.9
7.5
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
17.1
17%
1
JP
Nintendo Co Ltd
TSE:7974
32.9
32%
1
SG
Sea Ltd
NYSE:SE
52.7
97%
0.5
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -59.3 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
57.6
33%
1.7
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -11.6 N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
26.4
0%
N/A
JP
Konami Holdings Corp
TSE:9766
34
21%
1.6
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
33.6
94%
0.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
VG
N
Nexters Inc
NASDAQ:GDEV
Average EV/EBITDA: 25.7
3.8
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
12.8
16%
0.8
JP
Nintendo Co Ltd
TSE:7974
31.1
37%
0.8
SG
Sea Ltd
NYSE:SE
41.2
76%
0.5
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -61.5 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
32.8
20%
1.6
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
54.1
60%
0.9
JP
N
Nexon Co Ltd
TSE:3659
17.9
5%
3.6
JP
Konami Holdings Corp
TSE:9766
17.7
15%
1.2
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
21
54%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
VG
N
Nexters Inc
NASDAQ:GDEV
Average EV/EBIT: 25
4.2
N/A N/A
CN
NetEase Inc
NASDAQ:NTES
13.6
16%
0.8
JP
Nintendo Co Ltd
TSE:7974
32.8
N/A N/A
SG
Sea Ltd
NYSE:SE
41.2
88%
0.5
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -49.8 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
41.1
24%
1.7
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -128.3 N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
19.7
N/A N/A
JP
Konami Holdings Corp
TSE:9766
22.8
N/A N/A
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
21
48%
0.4