Starward Industries (WAR:STA) EBIT: zł-1.35 Mil (TTM As of Mar. 2026)


WAR:STA Starward Industries SA WAR:STA
31 GF Score
Price zł6.96
! 4 Warning Signs
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What is Starward Industries EBIT?

Starward Industries WAR:STA 31 EBIT is zł-1.35 Mil as of Mar. 2026. GuruFocus rates WAR:STA with a GF Score™ of 31/100. The stock has 4 warning signs investors should review.

Starward Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was zł-0.29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was zł-1.35 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Starward Industries's annualized ROC % for the quarter that ended in Mar. 2026 was -14.10%. Starward Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Starward Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9.31%.

Starward Industries  (WAR:STA) EBIT Explanation

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

Starward Industries'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 )
=-1.228 * ( 1 - 0% )/( (8.728 + 8.693)/ 2 )
=-1.228/8.7105
=-14.10 %

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))
=9.181 - 0.226 - ( 0.227 - max(0, 0.504 - 8.861+0.227))
=8.728

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))
=9.06 - 0 - ( 0.367 - max(0, 0.623 - 8.749+0.367))
=8.693

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

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

Starward Industries'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 )
=-1.172/( ( (0.026 + max(8.048, 0)) + (0.017 + max(7.594, 0)) )/ 2 )
=-1.172/( ( 8.074 + 7.611 )/ 2 )
=-1.172/7.8425
=-14.94 %

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)
=(0.249 + 8.138 + 0.0050000000000008) - (0.226 + 0 + 0.118)
=8.048

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.376 + 7.841 + 1.7763568394003E-15) - (0 + 0 + 0.623)
=7.594

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:

Starward Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-1.353/14.537
=-9.31 %

* 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.

Starward Industries EBIT Related Terms

Starward Industries EBIT Historical Data

* Premium members only.

The historical data trend for Starward Industries'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.

Starward Industries EBIT Chart

Starward Industries Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial -1.17 -1.81 -1.78 -1.92 -1.09

Starward Industries 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 -0.40 -0.40 -0.33 -0.33 -0.29

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

For the Electronic Gaming & Multimedia subindustry, Starward Industries'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.

Starward Industries EV-to-EBIT vs Interactive Media Industry

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

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


WAR:STA
31GF Score
Starward Industries SA WAR:STA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Starward Industries 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 zł-1.35 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-1.35 Mil mean?
Starward Industries (WAR:STA) has a EBIT of zł-1.35 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Starward Industries.
Is Starward Industries' EBIT too high?
Starward Industries' current EBIT is zł-1.35 Mil. Overall, Starward Industries has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Starward Industries' EBIT compare to NTES and EA?
Starward Industries' EBIT of zł-1.35 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 Starward Industries. Starward Industries's current EBIT is zł-1.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starward Industries stock overvalued right now?
Starward Industries (WAR:STA) has a current EBIT of zł-1.35 Mil. The current EBIT is zł-1.35 Mil. Starward Industries' overall GF Score™ is 31/100 with 4 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 Starward Industries (WAR:STA), the current EBIT is zł-1.35 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.

Starward Industries Business Description

Address Przemyslowa 12, Krakow, POL, 30-701
Starward Industries SA is an independent game developer. It operates in game industry intended for personal computers and game consoles.
31GF Score

Get the complete analysis for WAR:STA

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

zł6.96
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