Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Madmind Studio's Debt-to-EBITDA or its related term are showing as below:
WAR:MMS'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.12 Med: -0.08 Max: 0.71
Current: 0.71
During the past 5 years, the highest Debt-to-EBITDA Ratio of Madmind Studio was 0.71. The lowest was -0.12. And the median was -0.08.
WAR:MMS's Debt-to-EBITDA is ranked worse than 51.15% of 305
companies
in the Interactive Media industry
Industry Median: 0.67
vs WAR:MMS: 0.71
Madmind Studio (WAR:MMS) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Madmind Studio Debt-to-EBITDA Related Terms
Madmind Studio Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Madmind Studio's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WAR:MMS vs NTES, EA, TTWO: Debt-to-EBITDA Comparison
For the Electronic Gaming & Multimedia subindustry, Madmind Studio's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Madmind Studio Debt-to-EBITDA vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Madmind Studio's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Madmind Studio's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Madmind Studio (WAR:MMS) has a Debt-to-EBITDA of 0.54 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Madmind Studio. According to the industry distribution chart, Madmind Studio ranks #156 out of 305 companies in the Interactive Media industry, placing it in the top 51.1%.
Is Madmind Studio's Debt-to-EBITDA too high?
Madmind Studio's current Debt-to-EBITDA is 0.54. The Interactive Media industry median Debt-to-EBITDA is 0.67. Madmind Studio's value of 0.54 is 19.4% below this industry median. Based on the distribution chart, Madmind Studio ranks #156 out of 305 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Madmind Studio has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madmind Studio's Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Madmind Studio ranks #156 out of 305 companies for Debt-to-EBITDA. This places Madmind Studio in the lower half of its industry. The industry median Debt-to-EBITDA is 0.67. Madmind Studio's value of 0.54 is 19.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Interactive Media company?
The median Debt-to-EBITDA among Interactive Media companies is 0.67, based on 305 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madmind Studio's current Debt-to-EBITDA of 0.54 is 19.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Madmind Studio. For the Interactive Media industry, the median Debt-to-EBITDA is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madmind Studio's current Debt-to-EBITDA is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madmind Studio stock overvalued right now?
Based on GuruFocus' analysis, Madmind Studio (WAR:MMS) is currently considered Significantly Undervalued. The stock's GF Value™ is zł1.33, compared to a current price of zł0.38 — trading 71.2% below its estimated fair value. The current Debt-to-EBITDA is 0.54 and 19.4% below the Interactive Media industry median of 0.67. Madmind Studio's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Madmind Studio (WAR:MMS), the current Debt-to-EBITDA is 0.54 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Madmind Studio (WAR:MMS) Overvalued in 2026?
Based on GuruFocus' analysis, Madmind Studio stock appears to be undervalued.
The current stock price of zł0.38 is trading 71.2% below its estimated GF Value™ of zł1.33.
GuruFocus considers Madmind Studio to be Significantly Undervalued.
Key valuation signals for WAR:MMS:
Debt-to-EBITDA: 0.54
GF Value™: zł1.33 vs. price of zł0.38 (71.2% below fair value)
Industry Position: 19.4% below the Interactive Media median (#156 of 305)
No single metric tells the full story. See the WAR:MMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madmind Studio SA is a video game development company. The studio comprises veteran game developers, who have worked on AAA titles such as The Division, Witcher 3, Sniper: Ghost Warrior 2, Alien Rage, Enemy Front, Real Boxing 2, Godfire: Rise of the Prometheus etc.
48GF Score
Get the complete analysis for WAR:MMS
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:MMS has been successfully added to your 
