Ovid Works (WAR:OVI) Debt-to-EBITDA : -0.51 (As of Mar. 2026)

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WAR:OVI Ovid Works SA WAR:OVI
41 GF Score
Price zł0.33
GF Value zł0.54
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ovid Works Debt-to-EBITDA?

Ovid Works WAR:OVI -2.98% 41 Debt-to-EBITDA is -0.51 as of Mar. 2026. GuruFocus rates WAR:OVI with a GF Score™ of 41/100 and a GF Value™ of zł0.54 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 296 Interactive Media companies, Ovid Works ranks worse than 337837.5% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Ovid Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł0.85 Mil. Ovid Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł0.00 Mil. Ovid Works's annualized EBITDA for the quarter that ended in Mar. 2026 was zł-1.68 Mil. Ovid Works's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.51.

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 Ovid Works's Debt-to-EBITDA or its related term are showing as below:

WAR:OVI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.54   Med: -0.14   Max: 2.88
Current: -1.6

During the past 8 years, the highest Debt-to-EBITDA Ratio of Ovid Works was 2.88. The lowest was -2.54. And the median was -0.14.

WAR:OVI's Debt-to-EBITDA is ranked worse than
100% of 296 companies
in the Interactive Media industry
Industry Median: 0.625 vs WAR:OVI: -1.60

Ovid Works  (WAR:OVI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Ovid Works Debt-to-EBITDA Related Terms


Ovid Works Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ovid Works'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.

Ovid Works Debt-to-EBITDA Chart

Ovid Works Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.14 2.88 2.45 0.00 -2.54

Ovid Works Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.11 -4.84 -0.51

WAR:OVI vs NTES, EA, TTWO: Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Ovid Works'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.


Ovid Works Debt-to-EBITDA vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ovid Works's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ovid Works's Debt-to-EBITDA falls into.


WAR:OVI
41GF Score
Ovid Works SA WAR:OVI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ovid Works Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Ovid Works's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.172 + 0.506) / -0.267
=-2.54

Ovid Works's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.854 + 0) / -1.684
=-0.51

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.51 mean?
Ovid Works (WAR:OVI) has a Debt-to-EBITDA of -0.51 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 Ovid Works. According to the industry distribution chart, Ovid Works ranks #999999 out of 296 companies in the Interactive Media industry.
Is Ovid Works' Debt-to-EBITDA too high?
Ovid Works' current Debt-to-EBITDA is -0.51. Based on the distribution chart, Ovid Works ranks #999999 out of 296 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Ovid Works has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ovid Works' Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ovid Works ranks #999999 out of 296 companies for Debt-to-EBITDA. This places Ovid Works in the lower half of its industry. The industry median Debt-to-EBITDA is 0.63. 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 0.63, based on 296 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. 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 Ovid Works. For the Interactive Media industry, the median Debt-to-EBITDA is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovid Works's current Debt-to-EBITDA is -0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovid Works stock overvalued right now?
Based on GuruFocus' analysis, Ovid Works (WAR:OVI) is currently considered Possible Value Trap. The stock's GF Value™ is zł0.54, compared to a current price of zł0.33 — trading 39.6% below its estimated fair value. The current Debt-to-EBITDA is -0.51. Ovid Works' overall GF Score™ is 41/100 with 6 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 Ovid Works (WAR:OVI), the current Debt-to-EBITDA is -0.51 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 Ovid Works (WAR:OVI) Overvalued in 2026?

Based on GuruFocus' analysis, Ovid Works stock appears to be undervalued. The current stock price of zł0.33 is trading 39.6% below its estimated GF Value™ of zł0.54. GuruFocus considers Ovid Works to be Possible Value Trap.

Key valuation signals for WAR:OVI:

  • Debt-to-EBITDA: -0.51
  • GF Value™: zł0.54 vs. price of zł0.33 (39.6% below fair value)
  • GF Score™: 41/100 with 6 warning signs

No single metric tells the full story. See the WAR:OVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ovid Works Business Description

Address ul. Dobra 4 m.10, Warsaw, POL, 00-388
Ovid Works SA is an independent video game studio. The firm is engaged in producing games for PC, consoles, and VR. Some of its games are Interkosmos and Metamorphosis among others.
41GF Score

Get the complete analysis for WAR:OVI

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł0.33
Price
zł0.54
GF Value