(GDYN) Grid Dynamics Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US39813G1094

Digital, Engineering, Consulting, Cloud, AI

GDYN EPS (Earnings per Share)

EPS (Earnings per Share) of GDYN over the last years for every Quarter: "2020-09": 0.05, "2020-12": 0.04, "2021-03": 0.05, "2021-06": 0.1, "2021-09": 0.11, "2021-12": 0.1, "2022-03": 0.1, "2022-06": 0.12, "2022-09": 0.15, "2022-12": 0.14, "2023-03": 0.08, "2023-06": 0.09, "2023-09": 0.08, "2023-12": 0.07, "2024-03": 0.07, "2024-06": 0.08, "2024-09": 0.1, "2024-12": 0.12, "2025-03": 0.11, "2025-06": 0.1, "2025-09": 0.09,

GDYN Revenue

Revenue of GDYN over the last years for every Quarter: 2020-09: 26.332, 2020-12: 30.126, 2021-03: 39.134, 2021-06: 47.676, 2021-09: 57.933, 2021-12: 66.537, 2022-03: 71.41, 2022-06: 77.335, 2022-09: 81.161, 2022-12: 80.576, 2023-03: 80.08, 2023-06: 77.342, 2023-09: 77.419, 2023-12: 78.069, 2024-03: 79.817, 2024-06: 83.037, 2024-09: 87.435, 2024-12: 100.282, 2025-03: 100.415, 2025-06: 101.095, 2025-09: 104.163,

Description: GDYN Grid Dynamics Holdings August 21, 2025

Grid Dynamics Holdings Inc (NASDAQ:GDYN) is a US-based company operating in the Internet Services & Infrastructure sub-industry. To evaluate its stock performance, we need to examine key financial metrics and drivers.

The companys market capitalization stands at $647.73 million, indicating a mid-cap status. Its price-to-earnings (P/E) ratio is 38.25, suggesting that the stock might be overvalued relative to its earnings. The forward P/E ratio is significantly higher at 131.58, implying expected earnings growth. Return on Equity (RoE) is 3.45%, a relatively low figure that may indicate inefficient use of shareholder capital.

To further assess GDYNs performance, we should consider key performance indicators (KPIs) such as revenue growth rate, gross margin, and operating cash flow margin. Additionally, key economic drivers for the company include the growth of cloud computing, digital transformation, and the increasing demand for data analytics services. The companys ability to capitalize on these trends will be crucial to its future success.

From a trading perspective, GDYNs stock has shown significant volatility, with a beta of 1.053 indicating that it is slightly more volatile than the overall market. The stocks current price is near its 52-week low, suggesting potential for a rebound if market sentiment improves. However, the short-term and long-term moving averages (SMA20, SMA50, SMA200) indicate a downtrend, and the Average True Range (ATR) suggests that the stocks price movements are relatively contained.

To make an informed investment decision, it is essential to analyze the companys financial statements, assess its competitive position within the industry, and evaluate its growth prospects. A thorough examination of these factors will help determine whether GDYNs stock is an attractive investment opportunity.

GDYN Stock Overview

Market Cap in USD 792m
Sub-Industry Internet Services & Infrastructure
IPO / Inception 2018-10-30

GDYN Stock Ratings

Growth Rating -56.3%
Fundamental 52.1%
Dividend Rating -
Return 12m vs S&P 500 -53.0%
Analyst Rating 4.60 of 5

GDYN Dividends

Currently no dividends paid

GDYN Growth Ratios

Growth Correlation 3m 19.6%
Growth Correlation 12m -90.6%
Growth Correlation 5y -37.5%
CAGR 5y -7.34%
CAGR/Max DD 3y (Calmar Ratio) -0.11
CAGR/Mean DD 3y (Pain Ratio) -0.31
Sharpe Ratio 12m -1.20
Alpha -65.52
Beta 1.042
Volatility 52.92%
Current Volume 2004.4k
Average Volume 20d 986.8k
Stop Loss 8.3 (-5.8%)
Signal 0.20

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income (13.9m TTM) > 0 and > 6% of Revenue (6% = 24.4m TTM)
FCFTA 0.04 (>2.0%) and ΔFCFTA -0.19pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 94.32% (prev 81.85%; Δ 12.47pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.04 (>3.0%) and CFO 27.4m > Net Income 13.9m (YES >=105%, WARN >=100%)
Net Debt (-324.9m) to EBITDA (16.8m) ratio: -19.33 <= 3.0 (WARN <= 3.5)
Current Ratio 7.63 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (85.8m) change vs 12m ago 8.88% (target <= -2.0% for YES)
Gross Margin 35.29% (prev 35.96%; Δ -0.67pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 74.46% (prev 68.80%; Δ 5.66pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -0.05 (EBITDA TTM 16.8m / Interest Expense TTM -19.6m) >= 6 (WARN >= 3)

Altman Z'' 4.05

(A) 0.62 = (Total Current Assets 440.7m - Total Current Liabilities 57.8m) / Total Assets 613.2m
(B) -0.00 = Retained Earnings (Balance) -2.48m / Total Assets 613.2m
(C) -0.00 = EBIT TTM -899.0k / Avg Total Assets 545.2m
(D) -0.02 = Book Value of Equity -1.39m / Total Liabilities 75.4m
Total Rating: 4.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 52.10

1. Piotroski 3.0pt = -2.0
2. FCF Yield 5.05% = 2.53
3. FCF Margin 5.81% = 1.45
4. Debt/Equity 0.03 = 2.50
5. Debt/Ebitda -19.33 = 2.50
6. ROIC - WACC (= -9.83)% = -12.28
7. RoE 2.64% = 0.22
8. Rev. Trend 88.80% = 6.66
9. EPS Trend 10.53% = 0.53

What is the price of GDYN shares?

As of November 05, 2025, the stock is trading at USD 8.81 with a total of 2,004,402 shares traded.
Over the past week, the price has changed by +7.18%, over one month by +3.40%, over three months by +9.03% and over the past year by -43.60%.

Is Grid Dynamics Holdings a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Grid Dynamics Holdings is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 52.10 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of GDYN is around 7.19 USD . This means that GDYN is currently overvalued and has a potential downside of -18.39%.

Is GDYN a buy, sell or hold?

Grid Dynamics Holdings has received a consensus analysts rating of 4.60. Therefore, it is recommended to buy GDYN.
  • Strong Buy: 3
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the GDYN price?

Issuer Target Up/Down from current
Wallstreet Target Price 12.4 40.7%
Analysts Target Price 12.4 40.7%
ValueRay Target Price 8.1 -8.1%

GDYN Fundamental Data Overview November 02, 2025

Market Cap USD = 791.7m (791.7m USD * 1.0 USD.USD)
P/E Trailing = 54.9412
P/E Forward = 131.5789
P/S = 2.0341
P/B = 1.3252
Beta = 1.042
Revenue TTM = 406.0m USD
EBIT TTM = -899.0k USD
EBITDA TTM = 16.8m USD
Long Term Debt = 12.6m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 5.29m USD (from shortTermDebt, last quarter)
Debt = 13.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -324.9m USD (from netDebt column, last quarter)
Enterprise Value = 466.8m USD (791.7m + Debt 13.6m - CCE 338.6m)
Interest Coverage Ratio = -0.05 (Ebit TTM -899.0k / Interest Expense TTM -19.6m)
FCF Yield = 5.05% (FCF TTM 23.6m / Enterprise Value 466.8m)
FCF Margin = 5.81% (FCF TTM 23.6m / Revenue TTM 406.0m)
Net Margin = 3.42% (Net Income TTM 13.9m / Revenue TTM 406.0m)
Gross Margin = 35.29% ((Revenue TTM 406.0m - Cost of Revenue TTM 262.7m) / Revenue TTM)
Gross Margin QoQ = 33.32% (prev 34.13%)
Tobins Q-Ratio = 0.76 (Enterprise Value 466.8m / Total Assets 613.2m)
Interest Expense / Debt = 12.32% (Interest Expense 1.68m / Debt 13.6m)
Taxrate = 62.31% (1.95m / 3.12m)
NOPAT = -338.8k (EBIT -899.0k * (1 - 62.31%)) [loss with tax shield]
Current Ratio = 7.63 (Total Current Assets 440.7m / Total Current Liabilities 57.8m)
Debt / Equity = 0.03 (Debt 13.6m / totalStockholderEquity, last quarter 537.7m)
Debt / EBITDA = -19.33 (Net Debt -324.9m / EBITDA 16.8m)
Debt / FCF = -13.77 (Net Debt -324.9m / FCF TTM 23.6m)
Total Stockholder Equity = 526.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.26% (Net Income 13.9m / Total Assets 613.2m)
RoE = 2.64% (Net Income TTM 13.9m / Total Stockholder Equity 526.3m)
RoCE = -0.17% (EBIT -899.0k / Capital Employed (Equity 526.3m + L.T.Debt 12.6m))
RoIC = -0.06% (negative operating profit) (NOPAT -338.8k / Invested Capital 522.5m)
WACC = 9.76% (E(791.7m)/V(805.4m) * Re(9.85%) + D(13.6m)/V(805.4m) * Rd(12.32%) * (1-Tc(0.62)))
Discount Rate = 9.85% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 7.68%
[DCF Debug] Terminal Value 75.80% ; FCFE base≈21.9m ; Y1≈27.0m ; Y5≈46.0m
Fair Price DCF = 6.73 (DCF Value 570.9m / Shares Outstanding 84.8m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 10.53 | EPS CAGR: -14.84% | SUE: 0.18 | # QB: 0
Revenue Correlation: 88.80 | Revenue CAGR: 9.79% | SUE: 0.37 | # QB: 0

Additional Sources for GDYN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle