PlayWay (WAR:PLW) Debt-to-EBITDA : 0.03 (As of Mar. 2026) — 50% Above Median

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WAR:PLW PlayWay SA WAR:PLW
87 GF Score
Price zł238.00
GF Value zł313.17
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is PlayWay Debt-to-EBITDA?

PlayWay WAR:PLW +0.21% 87 Debt-to-EBITDA is 0.03 as of Mar. 2026, which is 50% above its 10-year median of 0.02. GuruFocus rates WAR:PLW with a GF Score™ of 87/100 and a GF Value™ of zł313.17 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 305 Interactive Media companies, PlayWay ranks better than 88.85% on this metric.

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

PlayWay's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł2.0 Mil. PlayWay's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł5.0 Mil. PlayWay's annualized EBITDA for the quarter that ended in Mar. 2026 was zł230.5 Mil. PlayWay's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.03.

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

WAR:PLW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.22
Current: 0.05

During the past 11 years, the highest Debt-to-EBITDA Ratio of PlayWay was 0.22. The lowest was 0.01. And the median was 0.02.

WAR:PLW's Debt-to-EBITDA is ranked better than
88.85% of 305 companies
in the Interactive Media industry
Industry Median: 0.67 vs WAR:PLW: 0.05

PlayWay  (WAR:PLW) 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.


PlayWay Debt-to-EBITDA Related Terms


PlayWay Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PlayWay'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.

PlayWay Debt-to-EBITDA Chart

PlayWay Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.02 0.01 0.02

PlayWay 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 0.01 0.01 0.02 0.10 0.03

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

For the Electronic Gaming & Multimedia subindustry, PlayWay'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.


PlayWay Debt-to-EBITDA vs Interactive Media Industry

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

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


WAR:PLW
87GF Score
PlayWay SA WAR:PLW
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PlayWay Debt-to-EBITDA Calculation

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

PlayWay'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
=(1.244 + 1.413) / 135.039
=0.02

PlayWay'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
=(1.985 + 4.975) / 230.508
=0.03

* 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 0.03 mean?
PlayWay (WAR:PLW) has a Debt-to-EBITDA of 0.03 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 PlayWay. This is 50% above median its historical median of 0.02. Over the past decade, PlayWay's Debt-to-EBITDA has ranged from 0.01 to 0.22. According to the industry distribution chart, PlayWay ranks #34 out of 305 companies in the Interactive Media industry, placing it in the top 11.1%.
Is PlayWay's Debt-to-EBITDA too high?
PlayWay's current Debt-to-EBITDA of 0.03 is 50% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.22. The Interactive Media industry median Debt-to-EBITDA is 0.67. PlayWay's value of 0.03 is 95.5% below this industry median. Based on the distribution chart, PlayWay ranks #34 out of 305 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, PlayWay has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PlayWay's Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, PlayWay ranks #34 out of 305 companies for Debt-to-EBITDA. This places PlayWay in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 0.67. PlayWay's value of 0.03 is 95.5% below this benchmark. Historically, PlayWay's own Debt-to-EBITDA has ranged from 0.01 to 0.22 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.67, PlayWay has consistently been below the industry average. 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. PlayWay's current Debt-to-EBITDA of 0.03 is 95.5% 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 PlayWay. 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. PlayWay's current Debt-to-EBITDA is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlayWay stock overvalued right now?
Based on GuruFocus' analysis, PlayWay (WAR:PLW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł313.17, compared to a current price of zł238.00 — trading 24% below its estimated fair value. The current Debt-to-EBITDA is 0.03, which is 50% above median its 10-year median of 0.02 and 95.5% below the Interactive Media industry median of 0.67. PlayWay's overall GF Score™ is 87/100 with 8 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 PlayWay (WAR:PLW), the current Debt-to-EBITDA is 0.03 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 PlayWay (WAR:PLW) Overvalued in 2026?

Based on GuruFocus' analysis, PlayWay stock appears to be undervalued. The current stock price of zł238.00 is trading 24% below its estimated GF Value™ of zł313.17. GuruFocus considers PlayWay to be Modestly Undervalued.

Key valuation signals for WAR:PLW:

  • Debt-to-EBITDA: 0.03 (50% above median its 10-year median of 0.02)
  • GF Value™: zł313.17 vs. price of zł238.00 (24% below fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 95.5% below the Interactive Media median (#34 of 305)

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


PlayWay Business Description

Other Exchanges 6P5:Germany
Address ul. Minsk, 69, Warsaw, POL, 03-828
PlayWay SA is a producer and publisher of computer and mobile games in Poland. The company provides with various games including Out of Reach: Treasure Royale, Car Manufacture, Schizm 3: Nemezis And Split among others.
87GF Score

Get the complete analysis for WAR:PLW

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

zł238.00
Price
zł313.17
GF Value