WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

GDEV Inc. generates 0% more annual revenue ($380.39M vs $380.04M). DDI leads profitability with a 32.9% profit margin vs 19.9%. GDEV trades at a lower P/E of 2.9x. 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: 4.0Profit: 7.5Value: 6.7Quality: 5.0
Piotroski: 4/9Altman Z: 0.96
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

DDIFair Value (-4.3%)

Margin of Safety

-4.3%

Fair Value

$8.10

Current Price

$12.68

$4.58 premium

UndervaluedFair: $8.10Overvalued
GDEVSignificantly Overvalued (-40.5%)

Margin of Safety

-40.5%

Fair Value

$11.26

Current Price

$10.98

$0.28 premium

UndervaluedFair: $11.26Overvalued

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
32.9%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
38.7%10/10

Strong operational efficiency at 38.7%

EPS GrowthGrowth
50.5%10/10

Earnings expanding 50.5% YoY

Debt/EquityHealth
0.0410/10

Conservative balance sheet, low leverage

GDEV5 strengths · Avg: 8.8/10
P/E RatioValuation
2.9x10/10

Attractively priced relative to earnings

Debt/EquityHealth
-0.0310/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.748/10

Growing faster than its price suggests

Operating MarginProfitability
21.7%8/10

Strong operational efficiency at 21.7%

EPS GrowthGrowth
20.0%8/10

Earnings expanding 20.0% YoY

Areas to Watch

DDI2 concerns · Avg: 3.0/10
Market CapQuality
$628.34M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

GDEV4 concerns · Avg: 2.5/10
Market CapQuality
$215.99M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
0.0%3/10

ROE of 0.0% — below average capital efficiency

Revenue GrowthGrowth
-22.0%2/10

Revenue declined 22.0%

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 32.9% and operating margin at 38.7%. Revenue growth of 11.2% demonstrates continued momentum.

Bull Case : GDEV

The strongest argument for GDEV centers on P/E Ratio, Debt/Equity, PEG Ratio. Profitability is solid with margins at 19.9% and operating margin at 21.7%. 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 1.27 — expect wider price swings.

DDI is growing revenue faster at 11.2% — sustainability is the question.

DDI generates stronger free cash flow (25M), providing more financial flexibility.

Bottom Line

DDI scores higher overall (70/100 vs 54/100), backed by strong 32.9% margins and 11.2% 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 prominent player in the gaming and digital entertainment industry, specializing in the creation and distribution of immersive gaming experiences across various platforms. By harnessing next-generation technologies and maintaining a strong portfolio of successful titles, the company amplifies player engagement and cultivates community loyalty. Its strategic partnerships allow GDEV to swiftly adapt to and capitalize on emerging trends in the dynamic gaming landscape. Committed to continuous innovation, GDEV is strategically positioned to provide captivating content to a growing global audience, supporting its long-term growth in a competitive market.

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