Devolver Digital Inc (DEVO) fair value: what the stock is really worth
As of Sep 15, 2026: fair value of Devolver Digital Inc £0.09, price £0.07, upside +31.2%, quality 62 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 4, 2026.
How to read this chart
58‑month range £0.0610 – £2.19 · fair‑value band £0.0834 – £0.0971 · the £0.0688 price screens below the £0.0902 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 4, 2026.
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Devolver Digital, Inc. develops and publishes digital video games for PC, console, and mobile platforms in Europe, North America, the Asia Pacific, Latin America, the United Kingdom, the Middle East, and North Africa.
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Devolver Digital, Inc. develops and publishes digital video games for PC, console, and mobile platforms in Europe, North America, the Asia Pacific, Latin America, the United Kingdom, the Middle East, and North Africa. It also offers project and lifecycle management; development and production assistance; publishing; and technical and creative support services. The company was incorporated in 2008 and is based in Wilmington, Delaware.
Stock analysis
Devolver Digital Inc (DEVO) currently trades at £0.0688, while our model-based Fair Value estimate is £0.0902, implying the stock looks roughly 23.8% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of £0.4000 per share, and 14 of the 14 models we run sit above the £0.0688 price.
Bear case: the Earnings-Based group reads lowest at £0.0700, and 0 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: £0.0834 (bear) to £0.0971 (bull), the price of £0.0688 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Communication Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Devolver Digital Inc reported revenue of $110M in FY2025 versus $98.2M in FY2021, a compound +2.9%/yr. Reported net income was −$16.3M in FY2025.
Key figures
Market cap 32.6M GBX · P/S ratio 0.81 · EPS (TTM) £−0.0300 · Net margin −14.8% · Return on equity −10.0% · Return on assets (EBIT) −1.1% · Operating margin 8.1% · Revenue (TTM) $108M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 75% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 44% fair-value upside, at 31%, DEVO screens richer than that median.
Fair Value models
Bear £0.0834Fair Value £0.0902Bull £0.0971
Price £0.0688 · Upside +31.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.29/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+5.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−6.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−12.3%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+14.6%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
36.3% (2020) → 1.6% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Gaming & Multimedia · 139 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Devolver Digital Inc Fair Value". https://www.fairvalue-calculator.com/stock/DEVO
Frequently asked questions
Is Devolver Digital Inc (DEVO) overvalued or undervalued?
As of Oct 4, 2026, our model estimates a fair value of £0.0902 versus the last price from Sep 15, 2026 of £0.0688, about +31% upside (undervalued).
What is the fair value of DEVO?
Our model-based fair value for Devolver Digital Inc is £0.0902 (as of Oct 4, 2026), built from audited fundamentals. Last price (from Sep 15, 2026): £0.0688.
What is the quality score of DEVO?
Devolver Digital Inc has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Devolver Digital Inc (DEVO)?
Our model-based price target is the fair value of £0.0902 (as of Oct 4, 2026) from 14 valuation models. Cautious scenario £0.0834, optimistic scenario £0.0971. It is a calculation from audited fundamentals, not an analyst target.
What is the Devolver Digital Inc stock forecast for 2026?
Our models put fair value at £0.0902, about +31% upside versus the last price from Sep 15, 2026 of £0.0688 (undervalued). Cautious scenario £0.0834, optimistic scenario £0.0971. The calculation is refreshed regularly with new filings.
What is the revenue of Devolver Digital Inc (DEVO)?
Devolver Digital Inc reported trailing-twelve-month revenue of about $108M (latest available figure, as of Oct 4, 2026).
What is the intrinsic value of Devolver Digital Inc (DEVO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Devolver Digital Inc it is £0.0902 per share (as of Oct 4, 2026), against a price of £0.0688. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Devolver Digital Inc stock overvalued or undervalued in 2026?
As of Oct 4, 2026, DEVO trades below its calculated fair value: price £0.0688, fair value £0.0902, a gap of about +31% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of DEVO?
No. The price is what the market pays today (£0.0688); the fair value is what the company's own numbers justify (£0.0902). For Devolver Digital Inc the two are £0.0215 per share apart. That gap is exactly why we show both numbers side by side.
How much is Devolver Digital Inc worth?
The market values Devolver Digital Inc at about 32.6M GBX (market capitalisation, as of Oct 4, 2026). Per share that is £0.0688; our models calculate a fair value of £0.0902 per share.
What do the bullish and bearish scenarios say about DEVO?
Our models span a range for Devolver Digital Inc: cautious scenario £0.0834, base £0.0902, optimistic £0.0971 per share (as of Oct 4, 2026, price £0.0688). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Devolver Digital Inc (DEVO)?
Balance-sheet figures for Devolver Digital Inc (as of Oct 4, 2026): return on equity −10.0%. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is DEVO from its 52-week high?
Devolver Digital Inc trades at £0.0688, about 75% below its 52-week high of £0.2800 and 13% above the low of £0.0610 (as of Sep 15, 2026). Distance from the high says nothing about value: that is what the fair value of £0.0902 is for.
Which stocks are comparable to Devolver Digital Inc?
From the same area (Communication Services) we also value NetEase, Inc, Take-Two Interactive Software, Inc, Roblox Corporation, Zhejiang Century Huatong Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Devolver Digital Inc stock attractive at the current price?
The data as of Oct 4, 2026: price £0.0688, calculated fair value £0.0902 (+31%), Quality Score 62/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of DEVO calculated?
We run Devolver Digital Inc through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of £0.0902, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. Devolver Digital Inc currently trades 24 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Devolver Digital Inc (DEVO)?
The latest price we hold is from Sep 15, 2026 and stands at £0.0688. Our model-based fair value is £0.0902, about +31% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Devolver Digital Inc right now?
The price is below even our cautious bear case (£0.0834). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Devolver Digital Inc
How large is the market capitalisation of Devolver Digital Inc (DEVO)?
The market capitalisation of Devolver Digital Inc is 32.6M GBX. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Devolver Digital Inc (DEVO)?
The price-to-sales ratio of Devolver Digital Inc is 0.81 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Devolver Digital Inc (DEVO)?
Earnings per share at Devolver Digital Inc are £−0.0300. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Devolver Digital Inc (DEVO)?
The net margin of Devolver Digital Inc is −14.8% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Devolver Digital Inc (DEVO)?
The return on equity (ROE) of Devolver Digital Inc is −10.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Devolver Digital Inc (DEVO)?
On an EBIT basis the return on assets of Devolver Digital Inc is −1.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Devolver Digital Inc (DEVO)?
The operating margin of Devolver Digital Inc is 8.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Devolver Digital Inc (DEVO)?
Revenue at Devolver Digital Inc is growing +29.9% versus a year earlier (3y avg −6.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Devolver Digital Inc (DEVO) generate?
The free cash flow of Devolver Digital Inc is $30.6M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Devolver Digital Inc (DEVO) hold?
Devolver Digital Inc holds more cash than debt, $35.8M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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