Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Frontier Developments plc, a UK-based company, specializes in the creation and distribution of video games for both personal computers and console systems. The firm utilizes its proprietary 'Cobra' technology to develop titles compatible across diverse gaming platforms. Furthermore, it extends its publishing services to selected third-party studios via its 'Frontier Foundry' label. Established in 1994, its principal operations are based in Cambridge, United Kingdom.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced on P/FCF.
Target Price
The average target price of FDEV.L is 644 and suggests 52.6% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc