| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
GDYN Stock Overview
Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services in the areas of search, analytics, and release automation for Fortune 1000 corporations in North America, Europe, and internationally.
Grid Dynamics Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.29 |
| 52 Week High | US$42.81 |
| 52 Week Low | US$9.09 |
| Beta | 1.22 |
| 1 Month Change | 14.16% |
| 3 Month Change | -13.40% |
| 1 Year Change | 2.97% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 39.11% |
Recent News & Updates
Shareholder Returns
| GDYN | US IT | US Market | |
|---|---|---|---|
| 7D | 3.1% | -1.2% | -2.7% |
| 1Y | 3.0% | -28.1% | -12.9% |
Return vs Industry: GDYN exceeded the US IT industry which returned -28.1% over the past year.
Return vs Market: GDYN exceeded the US Market which returned -12.9% over the past year.
Price Volatility
| GDYN volatility | |
|---|---|
| GDYN Average Weekly Movement | 18.1% |
| IT Industry Average Movement | 10.3% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: GDYN is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: GDYN's weekly volatility has increased from 13% to 18% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 3,671 | Leonard Livschitz | https://www.griddynamics.com |
Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services in the areas of search, analytics, and release automation for Fortune 1000 corporations in North America, Europe, and internationally. It works in collaboration with its clients on digital transformation initiatives that cover strategy consulting, early prototypes, and enterprise-scale delivery of new digital platforms. The company offers technical consulting, software design, development, testing, and internet service operations services.
Grid Dynamics Holdings Fundamentals Summary
| GDYN fundamental statistics | |
|---|---|
| Market Cap | US$1.09b |
| Earnings (TTM) | -US$8.30m |
| Revenue (TTM) | US$243.56m |
4.5x
P/S Ratio-131.6x
P/E RatioIs GDYN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GDYN income statement (TTM) | |
|---|---|
| Revenue | US$243.56m |
| Cost of Revenue | US$144.39m |
| Gross Profit | US$99.17m |
| Other Expenses | US$107.48m |
| Earnings | -US$8.30m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.12 |
| Gross Margin | 40.72% |
| Net Profit Margin | -3.41% |
| Debt/Equity Ratio | 2.1% |
How did GDYN perform over the long term?
See historical performance and comparisonValuation
Is Grid Dynamics Holdings undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
9.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GDYN ($16.29) is trading below our estimate of fair value ($18.04)
Significantly Below Fair Value: GDYN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: GDYN is unprofitable, so we can't compare its PE Ratio to the US IT industry average.
PE vs Market: GDYN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GDYN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GDYN is overvalued based on its PB Ratio (4.7x) compared to the US IT industry average (3.1x).
Future Growth
How is Grid Dynamics Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
108.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GDYN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: GDYN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GDYN's is expected to become profitable in the next 3 years.
Revenue vs Market: GDYN's revenue (22.2% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: GDYN's revenue (22.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GDYN's Return on Equity is forecast to be low in 3 years time (8.2%).
Past Performance
How has Grid Dynamics Holdings performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-73.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GDYN is currently unprofitable.
Growing Profit Margin: GDYN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GDYN is unprofitable, and losses have increased over the past 5 years at a rate of 73% per year.
Accelerating Growth: Unable to compare GDYN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GDYN is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (21.4%).
Return on Equity
High ROE: GDYN has a negative Return on Equity (-3.59%), as it is currently unprofitable.
Financial Health
How is Grid Dynamics Holdings's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: GDYN's short term assets ($206.6M) exceed its short term liabilities ($32.7M).
Long Term Liabilities: GDYN's short term assets ($206.6M) exceed its long term liabilities ($11.9M).
Debt to Equity History and Analysis
Debt Level: GDYN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if GDYN's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GDYN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GDYN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.1% per year.
Dividend
What is Grid Dynamics Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GDYN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GDYN'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 GDYN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GDYN'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 GDYN has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Leonard Livschitz (54 yo)
8.33yrs
Tenure
US$6,822,033
Compensation
Mr. Leonard Livschitz has been the Chief Executive Officer at Grid Dynamics Holdings, Inc. since 2014. Prior to joining Grid Dynamics, Mr. Livschitz co-founded the LED solutions company Luxera, serving as...
CEO Compensation Analysis
Compensation vs Market: Leonard's total compensation ($USD6.82M) is above average for companies of similar size in the US market ($USD3.94M).
Compensation vs Earnings: Leonard's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: GDYN's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: GDYN's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GDYN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.8%.
Top Shareholders
Company Information
Grid Dynamics Holdings, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Grid Dynamics Holdings, Inc.
- Ticker: GDYN
- Exchange: NasdaqCM
- Founded: 2006
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: US$1.092b
- Shares outstanding: 67.06m
- Website: https://www.griddynamics.com
Number of Employees
Location
- Grid Dynamics Holdings, Inc.
- 5000 Executive Parkway
- Suite 520
- San Ramon
- California
- 94583
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/22 00:00 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2022/03/31 |
| 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.