ManyDev Studio SE (WAR:MAN) EBIT: zł-0.81 Mil (TTM As of Mar. 2025)


WAR:MAN ManyDev Studio SE WAR:MAN
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What is ManyDev Studio SE EBIT?

ManyDev Studio SE WAR:MAN 4 EBIT is zł-0.81 Mil as of Mar. 2025. GuruFocus rates WAR:MAN with a GF Score™ of 4/100.

ManyDev Studio SE's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2025 was zł-0.05 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2025 was zł-0.81 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. ManyDev Studio SE's annualized ROC % for the quarter that ended in Mar. 2025 was -9.27%. ManyDev Studio SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. ManyDev Studio SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -4.55%.

ManyDev Studio SE  (WAR:MAN) EBIT Explanation

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

ManyDev Studio SE's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=-0.196 * ( 1 - 0% )/( (4.07 + 0.157)/ 2 )
=-0.196/2.1135
=-9.27 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=0.186 - 0.084 - ( 0.071 - max(0, 4.154 - 0.186+0.071))
=4.07

Invested Capital(Q: Mar. 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))
=0.144 - 4.088 - ( 0.015 - max(0, 4.245 - 0.144+0.015))
=0.157

Note: The Operating Income data used here is four times the quarterly (Mar. 2025) data.

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

ManyDev Studio SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.196/( ( (0 + max(-3.909, 0)) + (0 + max(-3.958, 0)) )/ 2 )
=-0.196/( ( 0 + 0 )/ 2 )
=-0.196/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.087) - (0.084 + 0 + 3.912)
=-3.909

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.129 + 0 + -2.7755575615629E-17) - (4.088 + 0 + -0.0010000000000003)
=-3.958

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

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

ManyDev Studio SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=-0.808/17.761
=-4.55 %

* 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.

ManyDev Studio SE EBIT Related Terms

ManyDev Studio SE EBIT Historical Data

* Premium members only.

The historical data trend for ManyDev Studio SE'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.

ManyDev Studio SE EBIT Chart

ManyDev Studio SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.56 -3.52 -1.01 -0.79

ManyDev Studio SE Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.04 -0.07 -0.18 -0.51 -0.05

WAR:MAN vs NTES, RBLX, EA: EBIT Comparison

For the Electronic Gaming & Multimedia subindustry, ManyDev Studio SE'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.

ManyDev Studio SE EV-to-EBIT vs Interactive Media Industry

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

* The bar in red indicates where ManyDev Studio SE's EV-to-EBIT falls into.


WAR:MAN
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ManyDev Studio SE WAR:MAN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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ManyDev Studio SE 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-0.81 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 zł-0.81 Mil mean?
ManyDev Studio SE (WAR:MAN) has a EBIT of zł-0.81 Mil as of Mar. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on ManyDev Studio SE.
Is ManyDev Studio SE's EBIT too high?
ManyDev Studio SE's current EBIT is zł-0.81 Mil. Overall, ManyDev Studio SE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does ManyDev Studio SE's EBIT compare to NTES and RBLX?
ManyDev Studio SE's EBIT of zł-0.81 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 ManyDev Studio SE. ManyDev Studio SE's current EBIT is zł-0.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManyDev Studio SE stock overvalued right now?
ManyDev Studio SE (WAR:MAN) has a current EBIT of zł-0.81 Mil. The current EBIT is zł-0.81 Mil. ManyDev Studio SE's overall GF Score™ is 4/100. 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 ManyDev Studio SE (WAR:MAN), the current EBIT is zł-0.81 Mil as of Mar. 2025. 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.

ManyDev Studio SE Business Description

Address ul. Bieniewicka 26, Warsaw, POL, 01-632
ManyDev Studio SE is focused on developing games. Some of its projects include Barbarian Kingdom, Dreamreaper: Gray Skies, and Formula Team.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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