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Nexters (GDEV) Competitors

Nexters logo

GDEV vs. FORTY, RGTI, PRO, CINT, PERI, TBRG, XTIA, ATGL, RMBL, and ISSC

Should you be buying Nexters stock or one of its competitors? The main competitors of Nexters include Formula Systems (1985) (FORTY), Rigetti Computing (RGTI), PROS (PRO), CI&T (CINT), Perion Network (PERI), TruBridge (TBRG), XTI Aerospace (XTIA), Alpha Technology Group (ATGL), RumbleOn (RMBL), and Innovative Solutions and Support (ISSC). These companies are all part of the "custom computer programming services" industry.

Nexters vs.

Nexters (NASDAQ:GDEV) and Formula Systems (1985) (NASDAQ:FORTY) are both small-cap consumer discretionary companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, community ranking, earnings, profitability, institutional ownership, dividends and risk.

Nexters has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500. Comparatively, Formula Systems (1985) has a beta of 1.07, suggesting that its share price is 7% more volatile than the S&P 500.

Formula Systems (1985) has higher revenue and earnings than Nexters. Nexters is trading at a lower price-to-earnings ratio than Formula Systems (1985), indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nexters$464.55M0.74$46.12M$2.008.68
Formula Systems (1985)$2.62B0.53$64.01M$4.8218.63

Nexters has a net margin of 9.13% compared to Formula Systems (1985)'s net margin of 2.78%. Formula Systems (1985)'s return on equity of 5.68% beat Nexters' return on equity.

Company Net Margins Return on Equity Return on Assets
Nexters9.13% -36.13% 13.08%
Formula Systems (1985) 2.78%5.68%2.70%

15.2% of Nexters shares are owned by institutional investors. Comparatively, 34.8% of Formula Systems (1985) shares are owned by institutional investors. 86.6% of Nexters shares are owned by company insiders. Comparatively, 23.3% of Formula Systems (1985) shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Formula Systems (1985) received 79 more outperform votes than Nexters when rated by MarketBeat users. However, 75.00% of users gave Nexters an outperform vote while only 60.29% of users gave Formula Systems (1985) an outperform vote.

CompanyUnderperformOutperform
NextersOutperform Votes
3
75.00%
Underperform Votes
1
25.00%
Formula Systems (1985)Outperform Votes
82
60.29%
Underperform Votes
54
39.71%

Nexters currently has a consensus target price of $255.00, indicating a potential upside of 1,368.89%. Given Nexters' stronger consensus rating and higher probable upside, equities research analysts plainly believe Nexters is more favorable than Formula Systems (1985).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nexters
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
Formula Systems (1985)
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

In the previous week, Formula Systems (1985) had 2 more articles in the media than Nexters. MarketBeat recorded 3 mentions for Formula Systems (1985) and 1 mentions for Nexters. Formula Systems (1985)'s average media sentiment score of 0.87 beat Nexters' score of 0.00 indicating that Formula Systems (1985) is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nexters
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Formula Systems (1985)
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Formula Systems (1985) beats Nexters on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GDEV vs. The Competition

MetricNextersCustom computer programming services IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$370.45M$7.43B$8.71B$9.24B
Dividend YieldN/A2.46%2.85%3.99%
P/E Ratio8.7917.1614.8817.52
Price / Sales0.7414.266.6579.25
Price / Cash6.7821.8429.6036.96
Price / Book-3.436.616.034.72
Net Income$46.12M$196.50M$274.20M$224.61M

Nexters Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GDEV
Nexters
3.5166 of 5 stars
$17.36
-6.7%
$255.00
+1,368.9%
-92.4%$370.45M$464.55M8.791,044News Coverage
FORTY
Formula Systems (1985)
1.688 of 5 stars
$82.99
-3.5%
N/A+40.7%$1.27B$2.71B17.2221,900News Coverage
Positive News
Gap Down
High Trading Volume
RGTI
Rigetti Computing
0.9156 of 5 stars
$6.05
-32.3%
$4.80
-20.7%
+1,284.2%$1.16B$11.89M-15.92160
PRO
PROS
2.9074 of 5 stars
$21.61
-1.4%
$31.88
+47.5%
-33.6%$1.02B$322.89M-34.851,530
CINT
CI&T
3.7482 of 5 stars
$5.65
-3.7%
$7.92
+40.2%
+35.7%$759.43M$2.23B43.466,111News Coverage
PERI
Perion Network
4.0094 of 5 stars
$8.62
+0.2%
$12.13
+40.7%
-69.0%$414.86M$602.94M9.27420Analyst Forecast
News Coverage
TBRG
TruBridge
2.3033 of 5 stars
$21.08
-1.5%
$14.50
-31.2%
N/A$314.62M$337.67M-5.153,219Positive News
XTIA
XTI Aerospace
N/A$6.87
-6.0%
N/A-99.6%$243.06M$6.73M0.0012
ATGL
Alpha Technology Group
N/A$14.56
-15.1%
N/A+18.5%$218.40M$9.17M0.0023News Coverage
Positive News
RMBL
RumbleOn
1.3845 of 5 stars
$4.57
-3.4%
$6.67
+45.9%
-38.2%$161.65M$1.25B-0.542,412
ISSC
Innovative Solutions and Support
1.7075 of 5 stars
$8.49
+0.5%
N/A+33.1%$148.88M$47.20M22.9580Insider Trade
News Coverage

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This page (NASDAQ:GDEV) was last updated on 1/22/2025 by MarketBeat.com Staff
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