GDEV (GDEV) EV-to-OCF: 1.74 (As of Aug. 27, 2026) — 82% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GDEV GDEV Inc GDEV
69 GF Score
Price $10.99
GF Value $19.70
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is GDEV EV-to-OCF?

GDEV GDEV +1.76% 69 EV-to-OCF is 1.74 as of Aug. 27, 2026, which is 82% below its 10-year median of 9.76. GuruFocus rates GDEV with a GF Score™ of 69/100 and a GF Value™ of $19.70 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 562 Interactive Media companies, GDEV ranks better than 57.47% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, GDEV's Enterprise Value is $83.7 Mil. GDEV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $48.0 Mil. Therefore, GDEV's EV-to-OCF for today is 1.74.

The historical rank and industry rank for GDEV's EV-to-OCF or its related term are showing as below:

GDEV' s EV-to-OCF Range Over the Past 10 Years
Min: 1.62   Med: 9.76   Max: 33.95
Current: 1.74

During the past 7 years, the highest EV-to-OCF of GDEV was 33.95. The lowest was 1.62. And the median was 9.76.

GDEV's EV-to-OCF is ranked better than
57.47% of 562 companies
in the Interactive Media industry
Industry Median: 3.405 vs GDEV: 1.74

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-27), GDEV's stock price is $10.99. GDEV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $4.110. Therefore, GDEV's PE Ratio (TTM) for today is 2.67.


GDEV  (NAS:GDEV) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

GDEV's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.99/4.110
=2.67

GDEV's share price for today is $10.99.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GDEV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $4.110.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


GDEV EV-to-OCF Related Terms


GDEV EV-to-OCF Historical Data

* Premium members only.

The historical data trend for GDEV's EV-to-OCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GDEV EV-to-OCF Chart

GDEV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial 13.68 9.66 15.77 7.60 5.74

GDEV Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 7.60 0.00 5.74 0.00

GDEV vs CTW, FIRY, SOHU: EV-to-OCF Comparison

For the Electronic Gaming & Multimedia subindustry, GDEV's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GDEV EV-to-OCF vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GDEV's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where GDEV's EV-to-OCF falls into.


GDEV
69GF Score
GDEV Inc GDEV
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GDEV EV-to-OCF Calculation

GDEV's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=83.720/48
=1.74

GDEV's current Enterprise Value is $83.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GDEV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $48.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 1.74 mean?
GDEV (GDEV) has a EV-to-OCF of 1.74 as of Aug. 27, 2026. This is 82% below median its historical median of 9.76. Over the past decade, GDEV's EV-to-OCF has ranged from 1.62 to 33.95. According to the industry distribution chart, GDEV ranks #239 out of 562 companies in the Interactive Media industry, placing it in the top 42.5%.
Is GDEV's EV-to-OCF too high?
GDEV's current EV-to-OCF of 1.74 is 82% below median its 10-year median of 9.76. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 33.95. The Interactive Media industry median EV-to-OCF is 3.41. GDEV's value of 1.74 is 48.9% below this industry median. Based on the distribution chart, GDEV ranks #239 out of 562 companies in the Interactive Media industry, which is above the industry midpoint. Overall, GDEV has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GDEV's EV-to-OCF compare to CTW and FIRY?
According to the Interactive Media industry distribution chart, GDEV ranks #239 out of 562 companies for EV-to-OCF. This puts GDEV in the upper half of its industry. The industry median EV-to-OCF is 3.41. GDEV's value of 1.74 is 48.9% below this benchmark. Historically, GDEV's own EV-to-OCF has ranged from 1.62 to 33.95 over the past decade. While the company's 10-year median is 9.76 vs. the industry median of 3.41, GDEV has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Interactive Media company?
The median EV-to-OCF among Interactive Media companies is 3.41, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GDEV's current EV-to-OCF of 1.74 is 48.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median EV-to-OCF is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDEV's current EV-to-OCF is 1.74, which is 82% below median its own 10-year median of 9.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDEV stock overvalued right now?
Based on GuruFocus' analysis, GDEV (GDEV) is currently considered Possible Value Trap. The stock's GF Value™ is $19.70, compared to a current price of $10.99 — trading 44.2% below its estimated fair value. The current EV-to-OCF is 1.74, which is 82% below median its 10-year median of 9.76 and 48.9% below the Interactive Media industry median of 3.41. GDEV's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For GDEV (GDEV), the current EV-to-OCF is 1.74 as of Aug. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GDEV (GDEV) Overvalued in 2026?

Based on GuruFocus' analysis, GDEV stock appears to be undervalued. The current stock price of $10.99 is trading 44.2% below its estimated GF Value™ of $19.70. GuruFocus considers GDEV to be Possible Value Trap.

Key valuation signals for GDEV:

  • EV-to-OCF: 1.74 (82% below median its 10-year median of 9.76)
  • GF Value™: $19.70 vs. price of $10.99 (44.2% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 48.9% below the Interactive Media median (#239 of 562)

No single metric tells the full story. See the GDEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDEV Business Description

Other Exchanges YI4:Germany
Address 55, Griva Digeni, Limassol, CYP, 3101
GDEV Inc is a gaming and entertainment holding company that oversees a portfolio of studios focused on developing and publishing live-service games across a range of platforms and genres. Its portfolio includes studios specializing in mobile, browser, and PC games, as well as captivating IPs spanning various genres.
69GF Score

Get the complete analysis for GDEV

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.99
Price
$19.70
GF Value