Subscribe

Frontier Developments plc (FDEV.L)

GBp425.00 -15.50 (-3.52%)
GB LSE Technology Electronic Gaming & Multimedia
Address 26 Science Park CB4 0FP
Cambridge, GB
CEO Johanna Mair Cooke
IPO 2013-07-15
ISIN GB00BBT32N39

Explore sections of this company profile

Also trades on London Stock Exchange · FDEV.L (GBp) Other OTC · FRRDF (USD)
Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
GBp425.00 -15.50 (-3.52%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
191.1K
Beta
-0.08
Float Shares
18.35M
Free Float %
52.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.33% +7.08% +41.45% +10.45% -17.88% -1.02% +76.10% -21.27% -82.60% +116.54% +183.82%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
425.00
DCF (Unlevered) 937.20 +120.5%
DCF (Levered) 1,961.97 +361.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 6 -1
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.41
Safe zone
Piotroski F-Score
8 / 9
Strong
MOAT Score
1 / 10
No MOAT
Composite Rating
A+
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Electronic Gaming & Multimedia: +4.1%
    +1.5% Q4'25: +25.1% (vs Q4'23)
  • EPS growth Electronic Gaming & Multimedia: +20.0%
    +173.2% Q4'25: +123.3% (vs Q4'23)
  • FCF margin FCF growth · Electronic Gaming & Multimedia: +41.4%
    +44.9% Q4'25: +37.8% (vs Q4'23)
  • EBIT margin Electronic Gaming & Multimedia: +10.3%
    +14.9% Q4'25: +14.2% (vs Q4'23)
  • ROIC Electronic Gaming & Multimedia: +6.6%
    +18.7% Q4'25: +46.6% (vs Q4'23)
  • Share dilution Electronic Gaming & Multimedia: +0.0%
    +4.3% Q4'25: +2.7% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Electronic Gaming & Multimedia: -1.53×
    0.53× Q4'25: 0.21× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.19) × ERP
WACC = 90% × Ke + 10% × Kd (5.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 937.20 Current price: 425.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric May 2016
actual
May 2017
actual
May 2018
actual
May 2019
actual
May 2020
actual
May 2021
actual
May 2022
actual
May 2023
actual
May 2024
actual
May 2025
actual
May 2026
6 Rev. Ana.
4 EPS Ana.
May 2027
6 Rev. Ana.
4 EPS Ana.
May 2028
5 Rev. Ana.
4 EPS Ana.
Revenue
21.36M
est: 19.30M (+10.7%)
37.36M
est: 37.30M (+0.2%)
34.19M
est: 33.55M (+1.9%)
89.67M
est: 87.26M (+2.8%)
76.09M
est: 75.98M (+0.1%)
90.69M
est: 91.00M (-0.3%)
114.03M
est: 114.00M (+0.0%)
104.58M
est: 104.00M (+0.6%)
89.27M
est: 89.00M (+0.3%)
90.60M
est: 90.60M (+0.0%)
101.86M
97.14M – 103.45M
+12.4% YoY
102.71M
97.51M – 105.19M
+0.8% YoY
95.20M
94.82M – 95.58M
-7.3% YoY
EBITDA
4.88M
est: 5.31M (-8.2%)
12.66M
est: 10.17M (+24.4%)
9.37M
est: 11.40M (-17.8%)
28.97M
est: 24.73M (+17.1%)
31.49M
est: 25.62M (+22.9%)
38.08M
est: 38.09M (0.0%)
33.74M
est: 57.64M (-41.5%)
14.86M
est: 69.27M (-78.5%)
9.88M
est: 24.49M (-59.6%)
36.89M
est: 24.93M (+48.0%)
28.03M
26.73M – 28.46M
+12.4% YoY
28.26M
26.83M – 28.94M
+0.8% YoY
26.19M
26.09M – 26.30M
-7.3% YoY
EBIT
1.24M
est: -676.2K (+283.1%)
7.79M
est: -1.30M (+701.6%)
2.80M
est: 6.99M (-60.0%)
19.37M
est: 7.27M (+166.5%)
16.62M
est: 16.79M (-1.0%)
19.92M
est: 20.63M (-3.5%)
1.54M
est: 31.22M (-95.1%)
-26.58M
est: 37.52M (-170.8%)
-27.01M
est: 49.42M (-154.7%)
13.45M
est: -3.17M (+524.2%)
-3.57M
-3.62M – -3.40M
-12.5% YoY
-3.60M
-3.69M – -3.42M
-0.8% YoY
-3.34M
-3.35M – -3.32M
+7.3% YoY
Net Income
1.43M
est: -7.73M (+118.5%)
7.71M
est: 10.03M (-23.1%)
3.59M
est: 6.92M (-48.1%)
17.41M
est: 9.33M (+86.6%)
15.89M
est: 15.09M (+5.3%)
21.56M
est: 19.73M (+9.3%)
9.63M
est: 29.85M (-67.7%)
-20.91M
est: -20.91M (+0.0%)
-21.47M
est: -21.47M (+0.0%)
16.39M
est: 10.48M (+56.3%)
11.55M
10.90M – 12.54M
+10.2% YoY
10.53M
9.97M – 15.05M
-8.9% YoY
8.48M
7.41M – 15.20M
-19.5% YoY
SGA
8.04M
est: 4.66M (+72.6%)
11.93M
est: 8.93M (+33.7%)
12.80M
est: 10.71M (+19.5%)
20.39M
est: 32.88M (-38.0%)
18.92M
est: 17.21M (+9.9%)
21.21M
est: 22.70M (-6.6%)
25.90M
est: 34.35M (-24.6%)
26.07M
est: 41.28M (-36.8%)
25.29M
est: 54.37M (-53.5%)
19.35M
est: 21.85M (-11.5%)
24.59M
23.45M – 24.97M
+12.5% YoY
24.80M
23.54M – 25.39M
+0.8% YoY
22.98M
22.89M – 23.07M
-7.3% YoY
EPS
0.04
est: -0.19 (+121.9%)
0.23
est: 0.25 (-8.7%)
0.10
est: 0.06 (+63.7%)
0.45
est: 0.43 (+3.8%)
0.41
est: 0.36 (+13.6%)
0.55
est: 0.44 (+24.4%)
0.25
est: 0.13 (+91.4%)
-0.54
est: -0.08 (-595.2%)
-0.56
est: -0.29 (-91.0%)
0.42
est: 0.27 (+58.3%)
0.29
0.27 – 0.31
+10.6% YoY
0.31
0.25 – 0.37
+4.4% YoY
0.24
0.18 – 0.38
-21.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A+ 4/5 5/5 5/5 5/5 3/5 3/5 3/5
2026-05-28 A+ 4/5 5/5 5/5 5/5 3/5 3/5 3/5
2026-05-27 A+ 4/5 5/5 5/5 5/5 3/5 3/5 3/5
2026-05-26 A+ 4/5 5/5 5/5 5/5 3/5 3/5 3/5
2026-05-22 A+ 4/5 5/5 5/5 5/5 3/5 3/5 3/5
2026-05-21 A+ 5/5 5/5 5/5 5/5 3/5 4/5 3/5
2026-05-20 A+ 5/5 5/5 5/5 5/5 3/5 4/5 3/5
2026-05-19 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-18 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-15 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-14 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-13 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-12 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-11 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-08 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-07 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-06 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-05 A+ 5/5 5/5 5/5 5/5 2/5 4/5 4/5
2026-05-01 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-30 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-29 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-28 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-27 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-24 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-23 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-22 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-21 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-20 A+ 4/5 5/5 4/5 5/5 2/5 4/5 4/5
2026-04-17 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5
2026-04-16 A 4/5 5/5 4/5 5/5 2/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
84.93M
OE per share TTM
2.15
Owner's Yield
51.73%
Maintenance CapEx ratio
34.03%
Maint CapEx / Avg PPE
24.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 8 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 JPMorgan International Dynamic ETF JIDE 0.54% 141.7K 0.55%
2 iShares International Small-Cap Equity Factor ETF ISCF 0.06% 400.5K 0.24%
3 Avantis International Small Cap Value ETF AVDV 0.01% 1.91M 0.36%
4 Avantis International Small Cap Equity ETF AVDS 0.00% 15.1K 0.30%
5 Avantis Global Small Cap Value UCITS ETF AVGS.L 0.00% 23.3K 0.39%
6 Avantis Responsible International Equity ETF AVSD 0.00% 1.8K 0.23%
7 Dimensional - International Small Cap ETF DFIS 0.00% 19.5K 0.39%
8 Avantis International Equity ETF AVDE 0.00% 59.5K 0.23%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
19.2K
Shares Outstanding
34.73M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jonathan Francis Watts Executive Director & Member of Executive Board 321.0K male
David John Braben Founder, President & Executive Director 249.0K male
Alexander Peter Bevis Chief Financial Officer, Executive Director & Member of Executive Board 249.0K male
James Alexander Dixon Chief Operating Officer & Chair of Executive Board 186.0K male
Yvonne Dawes Chief People Officer & Member of Executive Board
Jessica Bourne General Counsel, Company Secretary & Member of Executive Board female
Johanna Mair Cooke CEO, Chief Marketing Officer, Member of Executive Board & Director female
Piers Jackson Chief Development Officer & Member of Executive Board male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits