FDEV Stock Overview
Frontier Developments plc develops and publishes video games for personal computers and videogame consoles in the United Kingdom.
Frontier Developments Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£12.32|
|52 Week High||UK£29.00|
|52 Week Low||UK£10.80|
|1 Month Change||-2.53%|
|3 Month Change||-1.91%|
|1 Year Change||-51.40%|
|3 Year Change||23.45%|
|5 Year Change||203.45%|
|Change since IPO||697.41%|
Recent News & Updates
Frontier Developments plc's (LON:FDEV) Intrinsic Value Is Potentially 75% Above Its Share Price
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Frontier Developments...
Frontier Developments (LON:FDEV) Will Be Hoping To Turn Its Returns On Capital Around
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
|FDEV||GB Entertainment||GB Market|
Return vs Industry: FDEV underperformed the UK Entertainment industry which returned -41.1% over the past year.
Return vs Market: FDEV underperformed the UK Market which returned -4% over the past year.
|FDEV Average Weekly Movement||6.0%|
|Entertainment Industry Average Movement||6.1%|
|Market Average Movement||6.2%|
|10% most volatile stocks in GB Market||11.6%|
|10% least volatile stocks in GB Market||3.2%|
Stable Share Price: FDEV is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: FDEV's weekly volatility (6%) has been stable over the past year.
About the Company
Frontier Developments plc develops and publishes video games for personal computers and videogame consoles in the United Kingdom. The company develops games across various platforms using its cross-platform technology, Cobra. It also publishes games developed by selected partner studios under its Frontier Foundry games label.
Frontier Developments Fundamentals Summary
|FDEV fundamental statistics|
Is FDEV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FDEV income statement (TTM)|
|Cost of Revenue||UK£35.12m|
Last Reported Earnings
Nov 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.36|
|Net Profit Margin||13.70%|
How did FDEV perform over the long term?See historical performance and comparison
Is Frontier Developments undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FDEV (£12.32) is trading below our estimate of fair value (£19.31)
Significantly Below Fair Value: FDEV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FDEV is poor value based on its PE Ratio (34x) compared to the UK Entertainment industry average (26.9x).
PE vs Market: FDEV is poor value based on its PE Ratio (34x) compared to the UK market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: FDEV is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: FDEV is overvalued based on its PB Ratio (4.2x) compared to the GB Entertainment industry average (2.9x).
How is Frontier Developments forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FDEV's forecast earnings growth (55.1% per year) is above the savings rate (0.9%).
Earnings vs Market: FDEV's earnings (55.1% per year) are forecast to grow faster than the UK market (11.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FDEV's revenue (19.3% per year) is forecast to grow faster than the UK market (4% per year).
High Growth Revenue: FDEV's revenue (19.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FDEV's Return on Equity is forecast to be low in 3 years time (17.6%).
How has Frontier Developments performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FDEV has high quality earnings.
Growing Profit Margin: FDEV's current net profit margins (13.7%) are lower than last year (22.3%).
Past Earnings Growth Analysis
Earnings Trend: FDEV's earnings have grown significantly by 23.4% per year over the past 5 years.
Accelerating Growth: FDEV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FDEV had negative earnings growth (-22.1%) over the past year, making it difficult to compare to the Entertainment industry average (8.2%).
Return on Equity
High ROE: FDEV's Return on Equity (12.4%) is considered low.
How is Frontier Developments's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FDEV's short term assets (£63.9M) exceed its short term liabilities (£22.9M).
Long Term Liabilities: FDEV's short term assets (£63.9M) exceed its long term liabilities (£28.9M).
Debt to Equity History and Analysis
Debt Level: FDEV is debt free.
Reducing Debt: FDEV has not had any debt for past 5 years.
Debt Coverage: FDEV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FDEV has no debt, therefore coverage of interest payments is not a concern.
What is Frontier Developments's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FDEV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FDEV'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 FDEV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FDEV'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 FDEV has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Braben (57 yo)
Mr. David John Braben, O.B.E. founded Frontier Developments Plc in January 1994 and serves as its Chief Executive Officer and has been its Executive Director since January 1994. At Frontier, he has achieve...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD626.16K) is below average for companies of similar size in the UK market ($USD1.38M).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Board: FDEV's board of directors are considered experienced (8 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Frontier Developments plc's employee growth, exchange listings and data sources
- Name: Frontier Developments plc
- Ticker: FDEV
- Exchange: AIM
- Founded: 1994
- Industry: Interactive Home Entertainment
- Sector: Media
- Implied Market Cap: UK£479.852m
- Shares outstanding: 38.95m
- Website: https://www.frontier.co.uk
Number of Employees
- Frontier Developments plc
- 26 Science Park
- Milton Road
- CB4 0FP
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/23 00:00|
|End of Day Share Price||2022/05/23 00:00|
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.