GDEV vs GRVY vs GLXZ Stock Comparison

Gdev, Gravity and Galaxy Gaming 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
3 wins
GRVY GRAVITY Co., Ltd.
$66.64 +0.2% 1M +12.0% 1Y
Market cap
$463.56M
P/E
7,830x
Revenue (TTM)
$397.44K
Div. yield
–
Video Games Technology
4 wins
GLXZ Galaxy Gaming, Inc.
$1.62 +1.2% 1M -42.1% 1Y
Market cap
$42.60M
P/E
8.7x
Revenue (TTM)
$31.16M
Div. yield
–
Video Games Technology
1 win

Head to Head

8 decided of 12

Gravity leads on 4 of the 12 questions below (Gravity 4, Gdev 3, Galaxy Gaming 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGDEVGRVYGLXZLeader
Larger companyMarket capitalisation $182.22M $463.56M $42.60M GRVY
Cheaper on earningsLower P/E, profitable companies only 2.4x 7,830x 8.7x GDEV
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months -10.6% -1.8% +2.1% GLXZ
More profitableNet margin, trailing twelve months 19.7% 14.9% 15.8% GDEV
Better return on capitalReturn on invested capital — — 36.2% –
Less leveragedLower net debt / EBITDA — — 2.8x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -60.3% +12.0% -42.1% GRVY
Better 5-year returnAnnualised price return, 5 years -36.0%/yr -8.2%/yr -18.3%/yr GRVY
Less volatileAnnualised volatility, 1 year 88.8% 32.5% 48.9% GRVY
Higher overall scoreMean of the five percentile scores vs peers 67/100 52/100 62/100 GDEV

Percentile Scorecard

GDEVGRVYGLXZ

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

AxisGDEVGRVYGLXZ
Valuation 99 #2 of 167 4 #161 of 167 88 #21 of 167
Growth 71 #45 of 153 35 #100 of 153 70 #47 of 153
Profitability 76 #37 of 153 78 #35 of 153 97 #5 of 153
Financial Health 22 #140 of 179 93 #13 of 179 28 #130 of 179
Shareholder Returns – – 27 #69 of 94
Overall 67 52 62
  • GDEV ranked among 185 companies in Internet Platforms
  • GRVY ranked among 185 companies in Internet Platforms
  • GLXZ ranked among 185 companies in Internet Platforms

Price Performance

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

Returns

PeriodGDEVGRVYGLXZSPY
1 month -10.9%+0.2%+1.2% -0.8%
3 months -19.1%+7.6%+0.6% +3.5%
6 months -41.8%+9.2%-10.0% +7.0%
Year to date -35.3%+15.2%-43.4% +12.2%
1 year -60.3%+12.0%-42.1% +13.0%
3 years -57.6%+10.9%-38.6% +86.3%
3 years, per year -24.9%+3.5%-15.0% +23.1%
5 years -89.3%-34.6%-63.5% +68.6%
5 years, per year -36.0%-8.2%-18.3% +11.0%
10 years —+2,482.9%+211.5% +258.0%
10 years, per year —+38.4%+12.0% +13.6%

Risk

MeasureGDEVGRVYGLXZSPY
Volatility, 1Y 88.8%32.5%48.9% 12.7%
Downside volatility, 1Y 84.6%26.1%54.2% 12.7%
Beta vs S&P 500, 1Y 0.190.510.26 1.00
Return / volatility, 1Y -0.680.37-0.86 1.02
Max drawdown, 5Y -89.6%-67.0%-76.0% -25.4%
From 52-week high -60.7%-11.3%-45.1% -1.8%
52-week high $24.71$75.16$2.95 $779.14
52-week low $9.57$55.70$1.50 $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.

MultipleGDEVGRVYGLXZ
P/E now vs peer median 2.3xmedian 17.5x 7,822xmedian 17.5x 8.6xmedian 17.5x
P/S now vs peer median 0.5xmedian 1.4x 1,165xmedian 1.4x 1.3xmedian 1.4x
EV/EBITDA now vs peer median 1.2xmedian 14.5x —median 14.5x 6.2xmedian 14.5x
P/FCF now vs peer median 3.7xmedian 12.1x —median 12.1x 5.5xmedian 12.1x
P/B now vs peer median -3.4xmedian 1.7x 1,019xmedian 1.7x -2.7xmedian 1.7x
PEG now vs peer median 0.04median 0.41 —median 0.41 0.04median 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 monthsGDEVGRVYGLXZ
Revenue $380.57M $397.44K $31.16M
Gross profit – $133.70K $30.61M
Operating income $75.99M $62.95K $8.33M
Net income $74.94M $46.60M $4.92M
Free cash flow $48.00M – $7.41M
R&D – $5.30K $605.98K
EPS (diluted) $4.07 – $0.19
Cash & equivalents $78.24M $136.25K $4.76M
Total debt – – $155.53M
Shares (diluted) 18.40M – 26.13M
Enterprise value -$111.54M $317.69M $25.34M

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
MetricGDEVGRVYGLXZ
P/E 2.3x 7,822x 8.6x
P/FCF 3.7x – 5.5x
P/Operating cash flow 3.7x – 5.5x
P/S 0.5x 1,165x 1.3x
P/B -3.4x 1,019x -2.7x
P/Tangible book -3.4x 1,019x -1.6x
EV/EBITDA 1.2x – 6.2x
EV/EBIT 1.2x 7,349x 8.9x
EV/Revenue 0.3x 1,164x 2.4x
EV/FCF 2.0x – 10.0x
EV/Operating cash flow 2.0x – 9.9x
PEG (3Y EPS CAGR) 0.04 – 0.04

Growth

14 metrics
MetricGDEVGRVYGLXZ
Revenue growth (1Y) -10.6% -1.8% 2.1%
Revenue CAGR (3Y) -6.2% -8.4% 5.2%
Gross profit growth (1Y) – -10.0% 3.2%
Gross profit CAGR (3Y) – -9.4% 5.8%
Operating income growth (1Y) 7.9% 0.0% 67.8%
Operating income CAGR (3Y) 41.7% -19.1% 0.4%
Net income growth (1Y) 43.7% 80,576% 218.5%
Net income CAGR (3Y) 61.6% 677.0% 210.5%
EPS growth (1Y) 23.9% – 218.8%
EPS CAGR (3Y) 63.3% – 208.1%
Operating cash flow growth (1Y) 276.1% – 64.5%
Operating cash flow CAGR (3Y) – – 3.2%
Free cash flow growth (1Y) 276.1% – 65.6%
Free cash flow CAGR (3Y) – – 3.3%

Profitability

14 metrics
MetricGDEVGRVYGLXZ
Gross margin – 33.6% 98.2%
EBITDA margin 22.2% – 38.6%
Operating margin 20.0% 15.8% 26.7%
Pretax margin 21.2% 19.9% 16.1%
Net margin 19.7% 14.9% 15.8%
FCF margin 12.6% – 23.8%
Operating cash flow margin 12.6% – 24.1%
Return on equity – 13.2% –
Return on assets – 11.2% 18.2%
Return on invested capital – – 36.2%
Return on capital employed – 13.8% 41.7%
Asset turnover – 0.8x 1.2x
Cash conversion (OCF / net income) 0.6x – 1.5x
Stock comp / revenue – – 1.1%

Financial Health

11 metrics
MetricGDEVGRVYGLXZ
Debt / assets – – 140.6%
Debt / equity – – -2.5x
Net debt / EBITDA – – 2.8x
Debt / FCF – – 5.1x
Liabilities / assets 121.5% 14.1% 156.2%
Equity / assets -21.5% 85.9% -56.2%
Interest coverage 6.9x 25.1x 2.6x
Current ratio 0.7x 7.2x 1.5x
Quick ratio 0.6x 6.9x 1.7x
Cash ratio 0.4x 6.2x 0.7x
Altman Z-score 1.58 3,735 1.07

Shareholder Returns

7 metrics
MetricGDEVGRVYGLXZ
Dividend yield – – –
Net buyback yield – – -0.1%
Shareholder yield 0.0% – -0.1%
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.

ConsensusGDEVGRVYGLXZ

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGDEVGRVYGLXZ
Held by institutions 2.2% 16.6% 0.9%
Institutions holding 7 57 2
Change in shares held, QoQ -0.6% +17.9% –
Institutions buying 2 36 0
Institutions selling 3 11 0
Buyers to sellers 0.67 3.27 –

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.

GDEVGRVYGLXZ
GDEV 1.00 0.02 -0.07
GRVY 0.02 1.00 0.02
GLXZ -0.07 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GDEV, GRVY and GLXZ?

Gravity (GRVY) is the largest by market capitalisation: Gdev (GDEV) $182.22M, Gravity (GRVY) $463.56M, Galaxy Gaming (GLXZ) $42.60M.

Which stock is cheaper, GDEV, GRVY and GLXZ?

Gdev (GDEV) trades on the lowest price-to-earnings ratio (Gdev (GDEV) 2.4x, Gravity (GRVY) 7,830x, Galaxy Gaming (GLXZ) 8.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Galaxy Gaming (GLXZ) grew revenue fastest over the trailing twelve months: Gdev (GDEV) -10.6%, Gravity (GRVY) -1.8%, Galaxy Gaming (GLXZ) +2.1%.

Which company is more profitable?

Gdev (GDEV) has the highest net margin (Gdev (GDEV) 19.7%, Gravity (GRVY) 14.9%, Galaxy Gaming (GLXZ) 15.8%).

Which stock has performed better?

Over the past year Gravity (GRVY) returned the most: Gdev (GDEV) -60.3%, Gravity (GRVY) +12.0%, Galaxy Gaming (GLXZ) -42.1%. Over five years, Gravity (GRVY) compounded fastest (Gdev (GDEV) -36.0%/yr, Gravity (GRVY) -8.2%/yr, Galaxy Gaming (GLXZ) -18.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Gravity (GRVY) has been the steadiest (Gdev (GDEV) 88.8%, Gravity (GRVY) 32.5%, Galaxy Gaming (GLXZ) 48.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GDEV, GRVY and GLXZ?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Gravity (GRVY) leads on 4. 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.