GDEV Cash And Equivalents vs. Current Valuation
| GDEV Stock | USD 22.32 0.12 0.54% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.5 | 0.6541 |
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For GDEV profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GDEV to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GDEV Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GDEV's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GDEV Inc over time as well as its relative position and ranking within its peers.
GDEV |
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GDEV. If investors know GDEV will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GDEV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Earnings Share 2.45 | Revenue Per Share 23.298 | Quarterly Revenue Growth (0.08) | Return On Assets 0.1071 |
The market value of GDEV Inc is measured differently than its book value, which is the value of GDEV that is recorded on the company's balance sheet. Investors also form their own opinion of GDEV's value that differs from its market value or its book value, called intrinsic value, which is GDEV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GDEV's market value can be influenced by many factors that don't directly affect GDEV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GDEV's value and its price as these two are different measures arrived at by different means. Investors typically determine if GDEV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GDEV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
GDEV Inc Current Valuation vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GDEV's current stock value. Our valuation model uses many indicators to compare GDEV value to that of its competitors to determine the firm's financial worth. GDEV Inc is rated # 5 in cash and equivalents category among its peers. It is rated # 2 in current valuation category among its peers reporting about 2.10 of Current Valuation per Cash And Equivalents. Comparative valuation analysis is a catch-all technique that is used if you cannot value GDEV by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.GDEV Current Valuation vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
GDEV |
| = | 145.26 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
GDEV |
| = | 305.58 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
GDEV Current Valuation vs Competition
GDEV Inc is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is currently estimated at about 611.16 Million. GDEV totals roughly 305.58 Million in current valuation claiming about 50% of stocks in Communication Services industry.
GDEV Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GDEV, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GDEV will eventually generate negative long term returns. The profitability progress is the general direction of GDEV's change in net profit over the period of time. It can combine multiple indicators of GDEV, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 148.7 M | 74.5 M | |
| Net Interest Income | 1.5 M | 2.5 M | |
| Operating Income | 38.4 M | 52.1 M | |
| Net Loss | -41.9 M | -44 M | |
| Income Before Tax | 50 M | 52.5 M | |
| Total Other Income Expense Net | 11.6 M | 12.2 M | |
| Net Income Applicable To Common Shares | 8.4 M | 8.8 M | |
| Net Income | 46.1 M | 48.4 M | |
| Income Tax Expense | 3.9 M | 2.1 M | |
| Interest Income | 3.9 M | 4.6 M | |
| Change To Netincome | 129.2 M | 65.5 M | |
| Net Income Per Share | 2.30 | 2.42 | |
| Income Quality | 0.39 | 0.41 | |
| Net Income Per E B T | 0.92 | 0.97 |
GDEV Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GDEV. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of GDEV position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the GDEV's important profitability drivers and their relationship over time.
Use GDEV in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GDEV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GDEV will appreciate offsetting losses from the drop in the long position's value.GDEV Pair Trading
GDEV Inc Pair Trading Analysis
The ability to find closely correlated positions to GDEV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GDEV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GDEV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GDEV Inc to buy it.
The correlation of GDEV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GDEV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GDEV Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GDEV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your GDEV position
In addition to having GDEV in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
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Additional Tools for GDEV Stock Analysis
When running GDEV's price analysis, check to measure GDEV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GDEV is operating at the current time. Most of GDEV's value examination focuses on studying past and present price action to predict the probability of GDEV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GDEV's price. Additionally, you may evaluate how the addition of GDEV to your portfolios can decrease your overall portfolio volatility.