Game Digital (GMD)

Business description

Game Digital is the leading omni-channel specialist retailer of video games in the UK and Spain, with 311 stores in the UK, 270 stores in Spain and over 30% market share.

Stock data

Market cap.£77.7m
Last close45.50p
High / Low (52 weeks)115.0p / 38.9p
Stock market listingLN
Forecast net cash (£m)49.4
Forecast gearing ratio (%)N/A
TeamConsumer
SectorFood & Drink

Price performance

%1m3m12m
Actual17.0(15.7)(60.4)
Relative *16.9(17.4)(65.5)

* % Relative to local index

Other companies in sector Show

Investment summary

Game Digital (GMD) is a market leader in video gaming with an enviable 32% average share of its two markets. It is executing a major change of strategy aimed at a fuller, experience-based relationship with its customer group, which should bring reduced dependence on the cyclicality of the games market. For the moment management is focused on the transition, while the balance sheet, and hence the dividend yield, is well protected.

Last updated on 19/04/2017

Y/E Dec Revenue (£m) EBITDA (£m) PBT (£m) EPS (p) P/E (x) P/CF (x)
2015A 866.6 46.9 38.0 18.5 2.5 1.7
2016A 822.5 28.0 16.4 8.8 5.2 12.4
2017E 812.6 17.9 5.9 2.7 16.9 4.8
2018E 813.2 19.0 6.4 2.9 15.7 N/A

Last updated on 19/04/2017

Latest research

The long game

Initiation | Food & Drink | 19/04/2017

Latest video

Bitesize Briefing - Game Digital

Key management

Martyn Gibbs, CEO
Mark Gifford, CFO

Company address

Unity House
Telford Road, Basingstoke
RG21 6YJ
United Kingdom
+44 (0)1256 784000
View website