GDEV Inc. (GDEV)

GDEV Inc. (GDEV) — VMCI valuation read

GDEV screens at VMCI 65/100, a 15-point gap above the Technology sector median (50). For a mid-cap GDEV Inc. share, that placement says the multi-pillar composite is cheaper or higher quality than the typical peer on a like-for-like basis.

GDEV has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: GDEV trades at 20.0x earnings, 11% above the Technology median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Technology group. Quality: ROIC of 8.0% trails the Technology median (10.0%) by 2.0pp, the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of 0.7x leaves covenant headroom, which sets the rate-cycle exposure for GDEV Inc..

GDEV rose 3.8% over the trailing 7 days, with a -6.2% read on a 30-day basis.