GDYN Stock Overview
Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services for Fortune 1000 corporations in the United States, and Central and Eastern European countries.
Grid Dynamics Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$27.84|
|52 Week High||US$42.81|
|52 Week Low||US$12.61|
|1 Month Change||-26.72%|
|3 Month Change||-8.96%|
|1 Year Change||117.16%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||137.75%|
Recent News & Updates
|GDYN||US IT||US Market|
Return vs Industry: GDYN exceeded the US IT industry which returned -6.4% over the past year.
Return vs Market: GDYN exceeded the US Market which returned 7.7% over the past year.
|GDYN Average Weekly Movement||12.5%|
|IT Industry Average Movement||8.2%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: GDYN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: GDYN's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Grid Dynamics Holdings, Inc., together with its subsidiaries, provides enterprise-level digital transformation services for Fortune 1000 corporations in the United States, and Central and Eastern European countries. 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|
Is GDYN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GDYN income statement (TTM)|
|Cost of Revenue||US$102.21m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.14|
|Net Profit Margin||-5.04%|
How did GDYN perform over the long term?See historical performance and comparison
Is Grid Dynamics Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GDYN ($27.84) is trading above our estimate of fair value ($9.32)
Significantly Below Fair Value: GDYN is trading above our estimate of fair value.
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 (6.6x) compared to the US IT industry average (4.3x).
How is Grid Dynamics Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
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 (2%).
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 (23.2% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: GDYN's revenue (23.2% 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 (6.7%).
How has Grid Dynamics Holdings performed over the past 5 years?
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 82% 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 (35.8%).
Return on Equity
High ROE: GDYN has a negative Return on Equity (-3.2%), as it is currently unprofitable.
How is Grid Dynamics Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: GDYN's short term assets ($240.9M) exceed its short term liabilities ($24.2M).
Long Term Liabilities: GDYN's short term assets ($240.9M) exceed its long term liabilities ($4.9M).
Debt to Equity History and Analysis
Debt Level: GDYN is debt free.
Reducing Debt: GDYN has not had any debt for past 5 years.
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 17.5% per year.
What is Grid Dynamics Holdings's current dividend yield, its reliability and sustainability?
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.
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 GDYN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Leonard Livschitz (54 yo)
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 ($USD16.87M) is above average for companies of similar size in the US market ($USD3.72M).
Compensation vs Earnings: Leonard's compensation has increased whilst the company is unprofitable.
Experienced Management: GDYN's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: GDYN's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GDYN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.3%.
Grid Dynamics Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Grid Dynamics Holdings, Inc.
- Ticker: GDYN
- Exchange: NasdaqCM
- Founded: 2006
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: US$1.817b
- Shares outstanding: 65.25m
- Website: https://www.griddynamics.com
Number of Employees
- Grid Dynamics Holdings, Inc.
- 5000 Executive Parkway
- Suite 520
- San Ramon
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 00:08|
|End of Day Share Price||2022/01/20 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.