GDEV

GDEV EV/OCF

The EV/OCF (Enterprise Value to Operating Cash Flow) of GDEV (GDEV) as of Nov 12, 2026 is 5.66. In the previous year, EV/OCF (Enterprise Value to Operating Cash Flow) was 4.79 — a change of 18.12% (higher).

EV/OCF

5.66

YoY

18.12%

Last updated:

EV/OCF (Enterprise Value to Operating Cash Flow) of GDEV is 2025 5.66 . EV/OCF (Enterprise Value to Operating Cash Flow) of GDEV was 2024 4.79 . It decreases by 18.12% higher compared to the previous year.

The GDEV EV/OCF history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/OCF
Date
EV/OCF
Jan 1, 2019
17.10 USD
Jan 1, 2020
1.55 USD
Jan 1, 2021
1.22 USD
Jan 1, 2022
1.16 USD
Jan 1, 2023
6.49 USD
Jan 1, 2024
4.79 USD
Jan 1, 2025
5.66 USD
The GDEV EV/OCF history
YEAREV/OCFYoY
5.66+18.12%
4.79-26.21%
6.49+461.50%
1.16-5.61%
1.22-20.90%
1.55-90.94%
17.10—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

GDEV Stock analysis

What does GDEV do? GDEV, Inc. generates revenue through the development and publishing of video games across its portfolio of subsidiaries, including Nexters, Cubic Games, Dragon Machines, and others. The company monetizes its franchises such as Hero Wars, Island Questaway, Pixel Gun 3D, and Throne Rush, which are distributed through mobile and web platforms. Nexters Global Ltd and MX Capital Ltd, the two operational segments, handle development and publishing activities, with Hero Wars featuring mobile gameplay involving hydras and guilds, and Throne Rush offering strategy-based kingdom management. Players purchase in-game content and engage with the games through mobile and web channels. The primary buyers of GDEV's games are mobile and web users who interact with franchises like Hero Wars and Throne Rush, seeking co-op adventures and strategy-based gameplay. Hero Wars attracts players through mobile-based challenges involving hydras and guild collaboration, while Throne Rush appeals to strategy enthusiasts aiming to rule kingdoms and capture enemy wealth. These segments target casual and strategic gamers across mobile and web platforms, driving revenue through in-app purchases and engagement. GDEV's revenue streams are derived from its diverse portfolio of franchises and subsidiaries, with Nexters Global Ltd and MX Capital Ltd managing development and publishing. The company's games, including Pixel Gun 3D and Island Questaway, are monetized through mobile and web platforms, where players engage in co-op adventures and strategy-based activities. The firm's focus on enhancing its studio portfolio ensures continued growth in its gaming segments. GDEV is one of the most popular companies on Eulerpool.

Frequently Asked Questions about GDEV stock

EV/OCF (Enterprise Value to Operating Cash Flow) of GDEV is 5.66 in 2025.

EV/OCF (Enterprise Value to Operating Cash Flow) of GDEV changed from 4.79 to 5.66, representing a 18.12% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/OCF (Enterprise Value to Operating Cash Flow) GDEV since 2006 – with annual values, charts, and detailed analysis.

EV/OCF compares enterprise value to operating cash flow, measuring how much investors pay per unit of cash generated from operations.

To evaluate EV/OCF (Enterprise Value to Operating Cash Flow)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/OCF (Enterprise Value to Operating Cash Flow).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/OCF (Enterprise Value to Operating Cash Flow)'s GDEV with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Valuation — GDEV

All Key Metrics — GDEV