What is Devolver Digital, Inc.'s (DEVO.L) StockRank?

MoatMap's StockRank for Devolver Digital, Inc. (DEVO.L) is 39/100, with a Hold signal. This is a composite score combining Quality (43), Value (42), and Momentum (45) factor ranks across MoatMap's 20,000+ stock universe.

Does Devolver Digital, Inc. have an economic moat?

Devolver Digital, Inc. (DEVO.L) has a Quality factor score of 43/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Devolver Digital, Inc. a buy, hold, or sell?

MoatMap's current signal for Devolver Digital, Inc. (DEVO.L) is Hold, based on a StockRank of 39/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Devolver Digital, Inc. in?

Devolver Digital, Inc. (DEVO.L) operates in the Communication Services sector, specifically the Electronic Gaming & Multimedia industry (United States).

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DEVO.L

HOLDREMOVE

Devolver Digital, Inc. · Communication Services · United States · $129M · Avg Vol: $5K/d

StockRank

P/E (TTM)

—

ROE

-10.0%

D/E

0.0x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Devolver Digital is a micro-cap video game publisher operating in a highly hit-driven industry with no durable economic moat or structural macro tailwinds.

COMPANY DESCRIPTION

Devolver Digital, Inc. is an indie video game publisher that curates, finances, and distributes games from independent developers globally. The company possesses a highly respected, cult-like brand identity among gamers and developers, enabling it to attract top-tier indie talent and secure high-margin digital sales. It is a leading global publisher in the high-growth independent video game sector.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	178.5M	122.5M	139.0M	143.1M	-7.1%
EPS	-0.27	-0.04	-0.02	-0.05	—
Shares	444.7M	499.7M	503.4M	503.4M	+13.2%
Debt	0	1.4M	1.5M	1.2M	-7.5%
Equity	226.4M	209.7M	219.5M	203.8M	-3.4%
Op CF	38.7M	15.6M	29.5M	39.7M	0.8%
Inv CF	-43.4M	-61.0M	-40.7M	-48.4M	—
Fin CF	-1.8M	-7.3M	13.5M	-0.2M	—

PRICE (1Y)-18.6%

SMA 50SMA 200

$0.23

RSI (14)

0.0

52W High

$0.37

From 52W High

0.6%

SCORE BREAKDOWN

Quality

ROIC

-1.5%18.2

ROE

-10.0%14.6

GP/Assets

23.9%48.1

Op. Margin

8.1%47.2

FCF/Assets

-0.3%22.3

Piotroski

652.4

Int. Cover

-15.3x7.4

D/E Ratio

0.01x94.3

Current Ratio

1.78x53.7

Value

P/E (TTM)

—N/A

EV/EBITDA

8.8x51.7

P/FCF

—N/A

P/B

0.9x74.9

P/S

1.0x66.3

Div Yield

—N/A

Momentum

52W High %

63%51.2

RS 6M

-35%44.6

SMA 50/200

0.89x27.2

EPS Rev 4W

-1.4%18.5

EPS Rev 12W

—N/A

EPS Improve

+167%76.8

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$129M

P/E (Forward)

8.7x

Gross Margin

58.1%

SECTOR PEERS

Closest peers in Communication Services, ranked by industry match, size, and score similarity. Cross-listings of DEVO.L are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
DEVO.L	Devolver Digital, Inc.(you)	$129M	39	HOLD
TBLD.L	tinyBuild, Inc.	$45M	43	HOLD
MYPS	PLAYSTUDIOS, Inc.	$68M	58	HOLD
GDC	GD Culture Group Limited	$323M	4	STRONG SELL
HUG.WA	Huuuge, Inc.	$228M	99	STRONG BUY
CURI	CuriosityStream Inc.	$149M	33	SELL
CABO	Cable One, Inc.	$236M	43	HOLD
SSP	The E.W. Scripps Company	$249M	35	SELL
FLNT	Fluent, Inc.	$89M	27	SELL
BZFD	BuzzFeed, Inc.	$117M	22	SELL

Peer medians: ROE 6.5% · P/E 21.7x · Gross margin 57.0%

Devolver Digital, Inc. (DEVO.L) — Stock Score Summary

Devolver Digital, Inc. (DEVO.L) has a MoatMap StockRank of 39/100 based on Quality (43/100), Value (42/100), and Momentum (45/100) factor scores. The current signal is HOLD. Devolver Digital is a micro-cap video game publisher operating in a highly hit-driven industry with no durable economic moat or structural macro tailwinds.

Key Financial Metrics

Price	$0.23
Market Cap	$129M
P/E (Forward)	8.67
Price/Book	0.95
Return on Equity	-10.0%
Return on Invested Capital	-1.5%
Debt/Equity	0.57
Gross Margin	58.1%
Operating Margin	8.1%
Revenue Growth	29.9%
Free Cash Flow	$-958K

Devolver Digital, Inc. operates in the Electronic Gaming & Multimedia industry, part of the Communication Services sector (United States).

Frequently Asked Questions

What is Devolver Digital, Inc.’s (DEVO.L) StockRank?: MoatMap’s StockRank for Devolver Digital, Inc. (DEVO.L) is 39/100, with a Hold signal. It is a composite of Quality (43), Value (42), and Momentum (45) factor ranks across MoatMap’s 20,000+ stock universe.
Does Devolver Digital, Inc. have an economic moat?: Devolver Digital, Inc. (DEVO.L) has a Quality factor score of 43/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Devolver Digital, Inc. a buy, hold, or sell?: MoatMap’s current signal for Devolver Digital, Inc. (DEVO.L) is Hold, based on a StockRank of 39/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Devolver Digital, Inc. in?: Devolver Digital, Inc. (DEVO.L) operates in the Communication Services sector, specifically the Electronic Gaming & Multimedia industry (United States).