Forever Entertainment (WAR:FOR) EBIT: zł8.86 Mil (TTM As of Mar. 2026)


WAR:FOR Forever Entertainment SA WAR:FOR
74 GF Score
Price zł2.51
GF Value zł3.19
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Forever Entertainment EBIT?

Forever Entertainment WAR:FOR 74 EBIT is zł8.86 Mil as of Mar. 2026. GuruFocus rates WAR:FOR with a GF Score™ of 74/100 and a GF Value™ of zł3.19 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Forever Entertainment's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was zł2.67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was zł8.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Forever Entertainment's annualized ROC % for the quarter that ended in Mar. 2026 was 19.48%. Forever Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 213.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Forever Entertainment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.59%.


Forever Entertainment  (WAR:FOR) EBIT Explanation

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

Forever Entertainment'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 )
=10.484 * ( 1 - 19.46% )/( (44.338 + 42.353)/ 2 )
=8.4438136/43.3455
=19.48 %

where

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

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

Forever Entertainment'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 )
=10.668/( ( (0.225 + max(4.491, 0)) + (0.283 + max(4.989, 0)) )/ 2 )
=10.668/( ( 4.716 + 5.272 )/ 2 )
=10.668/4.994
=213.62 %

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)
=(3.631 + 3.603 + 1.944) - (3.471 + 0 + 1.216)
=4.491

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.705 + 3.702 + 0.064999999999998) - (1.041 + 0 + 3.442)
=4.989

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:

Forever Entertainment's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=8.861/70.408
=12.59 %

* 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.


Forever Entertainment EBIT Related Terms


Forever Entertainment EBIT Historical Data

* Premium members only.

The historical data trend for Forever Entertainment'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.

Forever Entertainment EBIT Chart

Forever Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 12.12 7.55 8.18 8.78

Forever Entertainment 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 2.59 2.72 3.10 0.38 2.67

WAR:FOR vs NTES, EA, TTWO: EBIT Comparison

For the Electronic Gaming & Multimedia subindustry, Forever Entertainment'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.


Forever Entertainment EV-to-EBIT vs Interactive Media Industry

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

* The bar in red indicates where Forever Entertainment's EV-to-EBIT falls into.


WAR:FOR
74GF Score
Forever Entertainment SA WAR:FOR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Forever Entertainment 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 zł8.86 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 zł8.86 Mil mean?
Forever Entertainment (WAR:FOR) has a EBIT of zł8.86 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Forever Entertainment.
Is Forever Entertainment's EBIT too high?
Forever Entertainment's current EBIT is zł8.86 Mil. Overall, Forever Entertainment has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's EBIT compare to NTES and EA?
Forever Entertainment's EBIT of zł8.86 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 Forever Entertainment. Forever Entertainment's current EBIT is zł8.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forever Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Forever Entertainment (WAR:FOR) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.19, compared to a current price of zł2.51 — trading 21.3% below its estimated fair value. The current EBIT is zł8.86 Mil. Forever Entertainment's overall GF Score™ is 74/100 with 3 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 Forever Entertainment (WAR:FOR), the current EBIT is zł8.86 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 Forever Entertainment (WAR:FOR) Overvalued in 2026?

Based on GuruFocus' analysis, Forever Entertainment stock appears to be undervalued. The current stock price of zł2.51 is trading 21.3% below its estimated GF Value™ of zł3.19. GuruFocus considers Forever Entertainment to be Modestly Undervalued.

Key valuation signals for WAR:FOR:

  • EBIT: zł8.86 Mil
  • GF Value™: zł3.19 vs. price of zł2.51 (21.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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


Forever Entertainment Business Description

Address Al. Zwyciestwa 96/98, Gdynia, POL, 81-451
Forever Entertainment SA is an entertainment company that designs and manufactures computer game for different platforms. The company's games, such as Startioe, Not Dying Today, The Final Take, Zombillie, Teddy Floppy Ear, among others.
74GF Score

Get the complete analysis for WAR:FOR

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

zł2.51
Price
zł3.19
GF Value