GDEV Inc. (GDEV) vs PLAYSTUDIOS, Inc. (MYPS)

GDEV Inc. and PLAYSTUDIOS, Inc. are both Electronic Gaming & Multimedia companies. GDEV Inc. is the larger, with a market value of $198.1M against $53.6M — 3.7× the size. PLAYSTUDIOS, Inc. has negative trailing earnings, so its P/E is not meaningful; GDEV Inc. trades at 2.7×. GDEV Inc. grew revenue faster over the last twelve months: −4.63% against −13.3%. GDEV Inc. has the higher net margin (17.0% vs −20.7%) and the higher return on invested capital (0.00% vs −24.1%). Across the 18 metrics below, GDEV Inc. leads on 13 and PLAYSTUDIOS, Inc. on 5.

Valuation

Metric GDEV MYPS Electronic Gaming & Multimedia median
P/E 2.70 n/m 7.09
P/S 0.45 0.27 1.09
P/B n/m 0.29 1.02
Price to free cash flow 6.55 26.01 6.55
EV/EBITDA 0.90 25.27 3.29
EV/Sales 0.17 (0.18) 0.84
Earnings yield 36.97% (75.00%) (3.08%)
Free cash flow yield 15.27% 3.84% 0.00%

Profitability

Metric GDEV MYPS Electronic Gaming & Multimedia median
Gross margin 87.89% 77.92% 70.26%
Operating margin 18.87% (17.91%) (8.19%)
Net margin 17.01% (20.65%) (9.89%)
Free cash flow margin 6.86% 1.04% 0.00%
Return on equity (87.99%) (20.65%) 0.00%
Return on assets 28.66% (15.92%) (1.43%)
Return on invested capital 0.00% (24.13%) 0.00%

Growth

Metric GDEV MYPS Electronic Gaming & Multimedia median
Revenue growth (TTM) (4.63%) (13.26%) 13.58%
EPS growth (last fiscal year) 173.19% (4.55%) —
Revenue growth, 5-year CAGR 9.16% (2.72%) (2.72%)
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GDEV MYPS Electronic Gaming & Multimedia median
Debt to equity 0.00 0.00 0.00
Current ratio 0.75 2.99 1.61
Net debt to EBITDA (1.39) (7.18) 0.07

Dividend

Metric GDEV MYPS Electronic Gaming & Multimedia median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric GDEV MYPS Electronic Gaming & Multimedia median
Market cap 198.12m 53.60m 53.60m

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