Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 1/6 |
Past Performance | 2/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
DEVO Stock Overview
Devolver Digital Inc. develops video games for release on PC and mobile in the United States and internationally.
Devolver Digital Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | UK£0.61 |
52 Week High | UK£2.22 |
52 Week Low | UK£0.50 |
Beta | 0 |
1 Month Change | -1.61% |
3 Month Change | -57.04% |
1 Year Change | n/a |
3 Year Change | n/a |
5 Year Change | n/a |
Change since IPO | -67.03% |
Recent News & Updates
Devolver Digital, Inc.'s (LON:DEVO) Intrinsic Value Is Potentially 80% Above Its Share Price
In this article we are going to estimate the intrinsic value of Devolver Digital, Inc. ( LON:DEVO ) by estimating the...
Shareholder Returns
DEVO | GB Entertainment | GB Market | |
---|---|---|---|
7D | -1.6% | 3.0% | 0.4% |
1Y | n/a | -39.1% | -9.0% |
Return vs Industry: Insufficient data to determine how DEVO performed against the UK Entertainment industry.
Return vs Market: Insufficient data to determine how DEVO performed against the UK Market.
Price Volatility
DEVO volatility | |
---|---|
DEVO Average Weekly Movement | 15.3% |
Entertainment Industry Average Movement | 6.1% |
Market Average Movement | 5.4% |
10% most volatile stocks in GB Market | 10.8% |
10% least volatile stocks in GB Market | 2.7% |
Stable Share Price: DEVO is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: DEVO's weekly volatility has increased from 9% to 15% over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2008 | 200 | n/a | https://www.devolverdigital.com |
Devolver Digital Inc. develops video games for release on PC and mobile in the United States and internationally. It publishes video games. The company was founded in 2008 and is based in Wilmington, Delaware.
Devolver Digital Fundamentals Summary
DEVO fundamental statistics | |
---|---|
Market Cap | US$325.81m |
Earnings (TTM) | US$32.37m |
Revenue (TTM) | US$98.15m |
10.1x
P/E Ratio3.3x
P/S RatioIs DEVO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
DEVO income statement (TTM) | |
---|---|
Revenue | US$98.15m |
Cost of Revenue | US$58.92m |
Gross Profit | US$39.23m |
Other Expenses | US$6.86m |
Earnings | US$32.37m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Sep 26, 2022
Earnings per share (EPS) | 0.073 |
Gross Margin | 39.97% |
Net Profit Margin | 32.98% |
Debt/Equity Ratio | 0.0% |
How did DEVO perform over the long term?
See historical performance and comparisonValuation
Is DEVO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DEVO?
Other financial metrics that can be useful for relative valuation.
What is DEVO's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$325.81m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 2.5x |
Enterprise Value/EBITDA | 4.3x |
PEG Ratio | -0.6x |
Price to Earnings Ratio vs Peers
How does DEVO's PE Ratio compare to its peers?
DEVO PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 44.4x | ||
TBLD tinyBuild | 35x | 22.3% | UK£239.4m |
FDEV Frontier Developments | 45x | 60.5% | UK£634.9m |
TM17 Team17 Group | 27.7x | 11.4% | UK£658.0m |
GMR Gaming Realms | 69.8x | n/a | UK£87.6m |
DEVO Devolver Digital | 10.1x | -15.7% | UK£269.8m |
Price-To-Earnings vs Peers: DEVO is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (44.4x).
Price to Earnings Ratio vs Industry
How does DEVO's PE Ratio compare vs other companies in the European Entertainment Industry?
Price-To-Earnings vs Industry: DEVO is good value based on its Price-To-Earnings Ratio (10.1x) compared to the UK Entertainment industry average (26.4x)
Price to Earnings Ratio vs Fair Ratio
What is DEVO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 10.1x |
Fair PE Ratio | 14.1x |
Price-To-Earnings vs Fair Ratio: DEVO is good value based on its Price-To-Earnings Ratio (10.1x) compared to the estimated Fair Price-To-Earnings Ratio (14.1x).
Share Price vs Fair Value
What is the Fair Price of DEVO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DEVO (£0.61) is trading below our estimate of fair value (£2.76)
Significantly Below Fair Value: DEVO is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
Discover undervalued companies
Future Growth
How is Devolver Digital forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-15.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DEVO's earnings are forecast to decline over the next 3 years (-15.7% per year).
Earnings vs Market: DEVO's earnings are forecast to decline over the next 3 years (-15.7% per year).
High Growth Earnings: DEVO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DEVO's revenue (16.9% per year) is forecast to grow faster than the UK market (4.4% per year).
High Growth Revenue: DEVO's revenue (16.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DEVO's Return on Equity is forecast to be low in 3 years time (7.6%).
Discover growth companies
Past Performance
How has Devolver Digital performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-49.5%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: DEVO has high quality earnings.
Growing Profit Margin: DEVO's current net profit margins (33%) are higher than last year (30.1%).
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if DEVO's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare DEVO's past year earnings growth to its 5-year average as it has been trading publicly for less than 3 years.
Earnings vs Industry: DEVO had negative earnings growth (-49.5%) over the past year, making it difficult to compare to the Entertainment industry average (10.9%).
Return on Equity
High ROE: DEVO's Return on Equity (13.2%) is considered low.
Discover strong past performing companies
Financial Health
How is Devolver Digital's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: DEVO's short term assets ($113.1M) exceed its short term liabilities ($32.1M).
Long Term Liabilities: DEVO's short term assets ($113.1M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: DEVO is debt free.
Reducing Debt: DEVO had no debt 5 years ago.
Debt Coverage: DEVO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DEVO has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Dividend
What is Devolver Digital current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DEVO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DEVO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DEVO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DEVO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as DEVO has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Devolver Digital has no CEO, or we have no data on them.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: DEVO only recently listed within the past 12 months.
Top Shareholders
Company Information
Devolver Digital, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Devolver Digital, Inc.
- Ticker: DEVO
- Exchange: AIM
- Founded: 2008
- Industry: Interactive Home Entertainment
- Sector: Media
- Implied Market Cap: UK£269.777m
- Shares outstanding: 442.26m
- Website: https://www.devolverdigital.com
Number of Employees
Location
- Devolver Digital, Inc.
- 251 Little Falls Drive
- New Castle County
- Wilmington
- Delaware
- 19808
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/08/15 00:00 |
End of Day Share Price | 2022/08/15 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.