WallStSmart

Doubledown Interactive Co Ltd (DDI)vsGDEV Inc. (GDEV)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

GDEV Inc. generates 9% more annual revenue ($404.35M vs $370.57M). DDI leads profitability with a 30.8% profit margin vs 17.2%. GDEV trades at a lower P/E of 3.3x. DDI earns a higher WallStSmart Score of 70/100 (B).

DDI

Strong Buy

70

out of 100

Grade: B

Growth: 6.7Profit: 8.5Value: 6.3Quality: 8.5
Piotroski: 3/9Altman Z: 8.44

GDEV

Buy

54

out of 100

Grade: C-

Growth: 4.7Profit: 7.5Value: 6.7Quality: 4.5
Piotroski: 4/9Altman Z: 0.96
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DDIOvervalued (-7.2%)

Margin of Safety

-7.2%

Fair Value

$7.88

Current Price

$11.62

$3.74 premium

UndervaluedFair: $7.88Overvalued
GDEVSignificantly Overvalued (-29.4%)

Margin of Safety

-29.4%

Fair Value

$12.23

Current Price

$12.85

$0.62 premium

UndervaluedFair: $12.23Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

DDI6 strengths · Avg: 10.0/10
P/E RatioValuation
5.0x10/10

Attractively priced relative to earnings

Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Profit MarginProfitability
30.8%10/10

Keeps 31 of every $100 in revenue as profit

Operating MarginProfitability
37.6%10/10

Strong operational efficiency at 37.6%

Debt/EquityHealth
0.0410/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
8.4410/10

Safe zone — low bankruptcy risk

GDEV3 strengths · Avg: 9.3/10
P/E RatioValuation
3.3x10/10

Attractively priced relative to earnings

EPS GrowthGrowth
67.1%10/10

Earnings expanding 67.1% YoY

PEG RatioValuation
0.748/10

Growing faster than its price suggests

Areas to Watch

DDI2 concerns · Avg: 3.0/10
Market CapQuality
$575.81M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

GDEV4 concerns · Avg: 2.5/10
Market CapQuality
$224.88M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Revenue GrowthGrowth
-7.9%2/10

Revenue declined 7.9%

Altman Z-ScoreHealth
0.962/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : DDI

The strongest argument for DDI centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 30.8% and operating margin at 37.6%. Revenue growth of 12.7% demonstrates continued momentum.

Bull Case : GDEV

The strongest argument for GDEV centers on P/E Ratio, EPS Growth, PEG Ratio. Profitability is solid with margins at 17.2% and operating margin at 15.2%. PEG of 0.74 suggests the stock is reasonably priced for its growth.

Bear Case : DDI

The primary concerns for DDI are Market Cap, Piotroski F-Score.

Bear Case : GDEV

The primary concerns for GDEV are Market Cap, Return on Equity, Revenue Growth.

Key Dynamics to Monitor

DDI profiles as a mature stock while GDEV is a declining play — different risk/reward profiles.

GDEV carries more volatility with a beta of 1.24 — expect wider price swings.

DDI is growing revenue faster at 12.7% — sustainability is the question.

DDI generates stronger free cash flow (46M), providing more financial flexibility.

Bottom Line

DDI scores higher overall (70/100 vs 54/100), backed by strong 30.8% margins and 12.7% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Doubledown Interactive Co Ltd

COMMUNICATION SERVICES · ELECTRONIC GAMING & MULTIMEDIA · USA

DoubleDown Interactive Co., Ltd. is engaged in the development and publication of digital games on mobile and web-based platforms for casual gamers in South Korea. The company is headquartered in Seoul, South Korea.

GDEV Inc.

COMMUNICATION SERVICES · ELECTRONIC GAMING & MULTIMEDIA · USA

GDEV Inc. is a premier player in the gaming and digital entertainment industry, specializing in the development and distribution of cutting-edge gaming experiences across various platforms. Utilizing advanced technologies and a diverse portfolio of successful titles, GDEV not only engages players but also cultivates strong community ties and brand loyalty. The company's strategic emphasis on partnerships and collaborations positions it to effectively navigate and leverage emerging trends within the dynamic gaming landscape. With a steadfast commitment to innovation, GDEV continues to lead in delivering captivating content to a growing global audience, driving sustainable growth in a competitive market.

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