Frontier Developments plc develops and publishes video games for personal computers and videogame consoles in the United Kingdom. More Details
Flawless balance sheet with moderate growth potential.
Share Price & News
How has Frontier Developments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FDEV is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FDEV's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: FDEV exceeded the UK Entertainment industry which returned -1.9% over the past year.
Return vs Market: FDEV exceeded the UK Market which returned -6.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Frontier Developments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Frontier Developments (LON:FDEV) Share Price Is Up 851% And Shareholders Are Delighted
3 weeks ago | Simply Wall StAt UK£23.50, Is Frontier Developments plc (LON:FDEV) Worth Looking At Closely?
1 month ago | Simply Wall StFrontier Developments plc's (LON:FDEV) Stock Is Going Strong: Is the Market Following Fundamentals?
Is Frontier Developments undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FDEV (£25.1) is trading above our estimate of fair value (£15.44)
Significantly Below Fair Value: FDEV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FDEV is poor value based on its PE Ratio (60.8x) compared to the GB Entertainment industry average (48.8x).
PE vs Market: FDEV is poor value based on its PE Ratio (60.8x) compared to the UK market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: FDEV is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: FDEV is overvalued based on its PB Ratio (10.1x) compared to the GB Entertainment industry average (2.1x).
How is Frontier Developments forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FDEV's forecast earnings growth (21.7% per year) is above the savings rate (1.2%).
Earnings vs Market: FDEV's earnings (21.7% per year) are forecast to grow slower than the UK market (27% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FDEV's revenue (19.8% per year) is forecast to grow faster than the UK market (6.8% per year).
High Growth Revenue: FDEV's revenue (19.8% 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 (14.9%).
How has Frontier Developments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FDEV has high quality earnings.
Growing Profit Margin: FDEV's current net profit margins (20.9%) are higher than last year (20%).
Past Earnings Growth Analysis
Earnings Trend: FDEV's earnings have grown significantly by 34.1% 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 (-11.3%) over the past year, making it difficult to compare to the Entertainment industry average (95.6%).
Return on Equity
High ROE: FDEV's Return on Equity (16.4%) is considered low.
How is Frontier Developments's financial position?
Financial Position Analysis
Short Term Liabilities: FDEV's short term assets (£60.4M) exceed its short term liabilities (£16.4M).
Long Term Liabilities: FDEV's short term assets (£60.4M) exceed its long term liabilities (£34.7M).
Debt to Equity History and Analysis
Debt Level: FDEV is debt free.
Reducing Debt: FDEV had no debt 5 years ago.
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?
Forecast Dividend Yield
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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FDEV's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
David Braben (56 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 ($USD520.33K) is below average for companies of similar size in the UK market ($USD1.84M).
Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Founder||no data||UK£390.00k||33.25% |
|CFO, Company Secretary & Executive Director||3.67yrs||UK£391.00k||0.044% |
|Chief Creative Officer & Executive Director||8.83yrs||UK£423.00k||0.052% |
|Independent Non-Executive Director||4.42yrs||UK£38.00k||0.40% |
|Independent Non-Executive Chairman||8.5yrs||UK£69.00k||0.75% |
|Independent Non-Executive Director||3.25yrs||no data||0.31% |
|Independent Non-Executive Director||19.25yrs||UK£58.00k||0% |
Experienced Board: FDEV's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FDEV insiders have only sold shares 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 company bio, employee growth, exchange listings and data sources
- Name: Frontier Developments plc
- Ticker: FDEV
- Exchange: AIM
- Founded: 1994
- Industry: Interactive Home Entertainment
- Sector: Media
- Market Cap: UK£973.664m
- Shares outstanding: 38.79m
- Website: https://www.frontier.co.uk
Number of Employees
- Frontier Developments plc
- 26 Science Park
- Milton Road
- CB4 0FP
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FDEV||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Jul 2013|
Frontier Developments plc develops and publishes video games for personal computers and videogame consoles in the United Kingdom. It develops games across various platforms using its cross platform technol...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 19:58|
|End of Day Share Price||2020/12/02 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.