THQQF (Embracer Group AB) EBIT: $-719 Mil (TTM As of Mar. 2026)


THQQF Embracer Group AB THQQF
66 GF Score
Price $6.10
GF Value $4.39
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Embracer Group AB EBIT?

Embracer Group AB THQQF 66 EBIT is $-719 Mil as of Mar. 2026. GuruFocus rates THQQF with a GF Score™ of 66/100 and a GF Value™ of $4.39 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Embracer Group AB's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-740 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-719 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Embracer Group AB's annualized ROC % for the quarter that ended in Mar. 2026 was -113.12%. Embracer Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2,998.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Embracer Group AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -68.79%.


Embracer Group AB  (OTCPK:THQQF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Embracer Group AB's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-3101.36 * ( 1 - 0.69% )/( (3101.737 + 2343.945)/ 2 )
=-3079.960616/2722.841
=-113.12 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3744.875 - 180.879 - ( 524.668 - max(0, 620.864 - 1083.123+524.668))
=3101.737

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2876.186 - 145.323 - ( 532.027 - max(0, 588.482 - 975.4+532.027))
=2343.945

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Embracer Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2960.116/( ( (99.64 + max(-108.14, 0)) + (97.776 + max(-122.57, 0)) )/ 2 )
=-2960.116/( ( 99.64 + 97.776 )/ 2 )
=-2960.116/98.708
=-2,998.86 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(277.721 + 88.449 + 31.743) - (180.879 + 0 + 325.174)
=-108.14

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(198.128 + 84.253 + 80.603) - (145.323 + 0 + 340.231)
=-122.57

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Embracer Group AB's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-718.53/1044.466
=-68.79 %

* 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.


Embracer Group AB EBIT Related Terms


Embracer Group AB EBIT Historical Data

* Premium members only.

The historical data trend for Embracer Group AB's EBIT 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.

Embracer Group AB EBIT Chart

Embracer Group AB Annual Data
Trend Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 189.44 571.19 -1,174.59 307.71 -725.86

Embracer Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 383.80 -52.79 8.11 66.18 -740.03

THQQF vs NTES, EA, TTWO: EBIT Comparison

For the Electronic Gaming & Multimedia subindustry, Embracer Group AB's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Embracer Group AB EV-to-EBIT vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Embracer Group AB's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Embracer Group AB's EV-to-EBIT falls into.


THQQF
66GF Score
Embracer Group AB THQQF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Embracer Group AB EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-719 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-719 Mil mean?
Embracer Group AB (THQQF) has a EBIT of $-719 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Embracer Group AB.
Is Embracer Group AB's EBIT too high?
Embracer Group AB's current EBIT is $-719 Mil. Overall, Embracer Group AB has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Embracer Group AB's EBIT compare to NTES and EA?
Embracer Group AB's EBIT of $-719 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Interactive Media company?
A good EBIT depends on the Interactive Media industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Embracer Group AB. Embracer Group AB's current EBIT is $-719 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Embracer Group AB stock overvalued right now?
Based on GuruFocus' analysis, Embracer Group AB (THQQF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.39, compared to a current price of $6.10 — trading 39% above its estimated fair value. The current EBIT is $-719 Mil. Embracer Group AB's overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Embracer Group AB (THQQF), the current EBIT is $-719 Mil 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 Embracer Group AB (THQQF) Overvalued in 2026?

Based on GuruFocus' analysis, Embracer Group AB stock appears to be overvalued. The current stock price of $6.10 is trading 39% above its estimated GF Value™ of $4.39. GuruFocus considers Embracer Group AB to be Significantly Overvalued.

Key valuation signals for THQQF:

  • EBIT: $-719 Mil
  • GF Value™: $4.39 vs. price of $6.10 (39% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Embracer Group AB Business Description

Address Tullhusgatan 1B, Karlstad, SWE, 652 09
Embracer Group AB is a parent company of businesses led by entrepreneurs in PC, console, mobile, and board games and other related media. The Group has an extensive catalog of several owned or controlled franchises and has a presence in various regions through its operative groups, namely THQ Nordic, Plaion, Coffee Stain, Amplifier Game Invest, and others. Its operating segments are: PC/Console Games, Mobile Games, and Entertainment & Services. Maximum revenue is derived from the Entertainment & Services segment, which is engaged in the development, publishing, and distribution of comic books, wholesale of publishing titles of games for console and PC, as well as films, and externally distributes films and TV series. Geographically, the Group generates maximum revenue from the USA.
66GF Score

Get the complete analysis for THQQF

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

$6.10
Price
$4.39
GF Value