GDEV vs GCL vs DDI Stock Comparison

Gdev, GCL Global Holdings and DoubleDown Interactive Prices as of Oct 26, 2026 Peers: Industry group
GDEV GDEV Inc.
$9.71 -10.9% 1M -60.3% 1Y
Market cap
$182.22M
P/E
2.4x
Revenue (TTM)
$380.57M
Div. yield
–
Video Games Technology
1 win

Head to Head

8 decided of 12

DoubleDown Interactive leads on 7 of the 12 questions below (DoubleDown Interactive 7, Gdev 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGDEVGCLDDILeader
Larger companyMarket capitalisation $182.22M $113.73M $669.96M DDI
Cheaper on earningsLower P/E, profitable companies only 2.4x -4.5x 5.4x GDEV
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 5.4x –
Faster revenue growthRevenue growth, trailing twelve months -10.6% — +14.0% DDI
More profitableNet margin, trailing twelve months 19.7% — 32.9% DDI
Better return on capitalReturn on invested capital — — 10.0% –
Less leveragedLower net debt / EBITDA — — -3.6x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -60.3% -50.3% +54.2% DDI
Better 5-year returnAnnualised price return, 5 years -36.0%/yr — -4.2%/yr DDI
Less volatileAnnualised volatility, 1 year 88.8% 121.1% 32.1% DDI
Higher overall scoreMean of the five percentile scores vs peers 67/100 — 87/100 DDI

Percentile Scorecard

GDEVGCLDDI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGDEVGCLDDI
Valuation 99 #2 of 167 36 #108 of 167 96 #7 of 167
Growth 71 #45 of 153 – 68 #50 of 153
Profitability 76 #37 of 153 – 90 #17 of 153
Financial Health 22 #140 of 179 26 #132 of 179 95 #10 of 179
Shareholder Returns – – –
Overall 67 – 87
  • GDEV ranked among 185 companies in Internet Platforms
  • GCL ranked among 185 companies in Internet Platforms
  • DDI ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGDEVGCLDDISPY
1 month -10.9%+22.7%+4.8% -0.8%
3 months -19.1%+100.0%+17.4% +3.5%
6 months -41.8%+73.6%+48.2% +7.0%
Year to date -35.3%-14.0%+57.8% +12.2%
1 year -60.3%-50.3%+54.2% +13.0%
3 years -57.6%-91.4%+71.1% +86.3%
3 years, per year -24.9%-55.9%+19.6% +23.1%
5 years -89.3%—-19.4% +68.6%
5 years, per year -36.0%—-4.2% +11.0%

Risk

MeasureGDEVGCLDDISPY
Volatility, 1Y 88.8%121.1%32.1% 12.7%
Downside volatility, 1Y 84.6%119.0%27.1% 12.7%
Beta vs S&P 500, 1Y 0.192.010.60 1.00
Return / volatility, 1Y -0.68-0.421.69 1.02
Max drawdown, 5Y -89.6%-96.7%-56.9% -25.4%
From 52-week high -60.7%-50.3%-1.9% -1.8%
52-week high $24.71$1.85$13.88 $779.14
52-week low $9.57$0.38$8.25 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGDEVGCLDDI
P/E now vs peer median 2.3xmedian 17.5x -4.5xmedian 17.5x 5.4xmedian 17.5x
P/S now vs peer median 0.5xmedian 1.4x 0.5xmedian 1.4x 1.8xmedian 1.4x
EV/EBITDA now vs peer median 1.2xmedian 14.5x —median 14.5x 1.0xmedian 14.5x
P/FCF now vs peer median 3.7xmedian 12.1x -10.1xmedian 12.1x 4.6xmedian 12.1x
P/B now vs peer median -3.4xmedian 1.7x 2.9xmedian 1.7x 0.7xmedian 1.7x
PEG now vs peer median 0.04median 0.41 —median 0.41 0.14median 0.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGDEVGCLDDI
Revenue $380.57M – $380.04M
Gross profit – – $278.82M
Operating income $75.99M – $136.83M
Net income $74.94M – $125.14M
Free cash flow $48.00M – $146.82M
R&D – – $13.81M
EPS (diluted) $4.07 – $2.52
Cash & equivalents $78.24M $36.58M $455.22M
Total debt – – $32.44M
Shares (diluted) 18.40M 123.23M 49.55M
Enterprise value -$111.54M $31.94M -$1.35B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGDEVGCLDDI
P/E 2.3x -4.5x 5.4x
P/FCF 3.7x -10.1x 4.6x
P/Operating cash flow 3.7x – 4.6x
P/S 0.5x 0.5x 1.8x
P/B -3.4x 2.9x 0.7x
P/Tangible book -3.4x 3.8x 0.7x
EV/EBITDA 1.2x – 1.0x
EV/EBIT 1.2x – 1.1x
EV/Revenue 0.3x – 0.4x
EV/FCF 2.0x – 1.0x
EV/Operating cash flow 2.0x – 1.0x
PEG (3Y EPS CAGR) 0.04 – 0.14

Growth

14 metrics
MetricGDEVGCLDDI
Revenue growth (1Y) -10.6% – 14.0%
Revenue CAGR (3Y) -6.2% – 7.3%
Gross profit growth (1Y) – – 18.1%
Gross profit CAGR (3Y) – – 10.9%
Operating income growth (1Y) 7.9% – 4.0%
Operating income CAGR (3Y) 41.7% – 37.1%
Net income growth (1Y) 43.7% – 17.3%
Net income CAGR (3Y) 61.6% – 39.8%
EPS growth (1Y) 23.9% – 17.6%
EPS CAGR (3Y) 63.3% – 39.8%
Operating cash flow growth (1Y) 276.1% – 6.0%
Operating cash flow CAGR (3Y) – – 82.2%
Free cash flow growth (1Y) 276.1% – 6.6%
Free cash flow CAGR (3Y) – – 81.8%

Profitability

14 metrics
MetricGDEVGCLDDI
Gross margin – – 73.4%
EBITDA margin 22.2% – 38.6%
Operating margin 20.0% – 36.0%
Pretax margin 21.2% – 43.0%
Net margin 19.7% – 32.9%
FCF margin 12.6% – 38.6%
Operating cash flow margin 12.6% – 38.7%
Return on equity – – 12.6%
Return on assets – – 11.5%
Return on invested capital – – 10.0%
Return on capital employed – – 13.0%
Asset turnover – – 0.3x
Cash conversion (OCF / net income) 0.6x – 1.2x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricGDEVGCLDDI
Debt / assets – 30.1% 2.9%
Debt / equity – 1.3x 0.0x
Net debt / EBITDA – – -3.6x
Debt / FCF – – 0.2x
Liabilities / assets 121.5% 77.7% 8.3%
Equity / assets -21.5% 22.3% 91.7%
Interest coverage 6.9x – 112.1x
Current ratio 0.7x 1.5x 18.7x
Quick ratio 0.6x 0.9x 18.6x
Cash ratio 0.4x 0.4x 17.3x
Altman Z-score 1.58 – 6.62

Shareholder Returns

7 metrics
MetricGDEVGCLDDI
Dividend yield – – –
Net buyback yield – – –
Shareholder yield 0.0% – 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGDEVGCLDDI
Forward P/E – – 5.4xFY2026
EPS, next fiscal year – – $2.51FY2026
EPS growth, next FY – – +21.3%FY2026
EPS growth, the year after – – -7.6%
Revenue, next fiscal year – – $349.27MFY2026
Revenue growth, next FY – – -3.0%FY2026
Revenue growth, the year after – – +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGDEVGCLDDI
Held by institutions 2.2% – 19.0%
Institutions holding 7 – 51
Change in shares held, QoQ -0.6% – +15.4%
Institutions buying 2 – 38
Institutions selling 3 – 11
Buyers to sellers 0.67 – 3.45

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GDEVGCLDDI
GDEV 1.00 -0.03 -0.02
GCL -0.03 1.00 0.00
DDI -0.02 0.00 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GDEV, GCL and DDI?

DoubleDown Interactive (DDI) is the largest by market capitalisation: Gdev (GDEV) $182.22M, GCL Global Holdings (GCL) $113.73M, DoubleDown Interactive (DDI) $669.96M.

Which stock is cheaper, GDEV, GCL and DDI?

Gdev (GDEV) trades on the lowest price-to-earnings ratio (Gdev (GDEV) 2.4x, GCL Global Holdings (GCL) -4.5x, DoubleDown Interactive (DDI) 5.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

DoubleDown Interactive (DDI) grew revenue fastest over the trailing twelve months: Gdev (GDEV) -10.6%, DoubleDown Interactive (DDI) +14.0%.

Which company is more profitable?

DoubleDown Interactive (DDI) has the highest net margin (Gdev (GDEV) 19.7%, DoubleDown Interactive (DDI) 32.9%).

Which stock has performed better?

Over the past year DoubleDown Interactive (DDI) returned the most: Gdev (GDEV) -60.3%, GCL Global Holdings (GCL) -50.3%, DoubleDown Interactive (DDI) +54.2%. Over five years, DoubleDown Interactive (DDI) compounded fastest (Gdev (GDEV) -36.0%/yr, DoubleDown Interactive (DDI) -4.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, DoubleDown Interactive (DDI) has been the steadiest (Gdev (GDEV) 88.8%, GCL Global Holdings (GCL) 121.1%, DoubleDown Interactive (DDI) 32.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GDEV, GCL and DDI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, DoubleDown Interactive (DDI) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.