Ultimate Games (WAR:ULG) EBIT: zł7.22 Mil (TTM As of Sep. 2025)

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WAR:ULG Ultimate Games SA WAR:ULG
91 GF Score
Price zł15.10
GF Value zł16.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ultimate Games EBIT?

Ultimate Games WAR:ULG +2.03% 91 EBIT is zł7.22 Mil as of Sep. 2025. GuruFocus rates WAR:ULG with a GF Score™ of 91/100 and a GF Value™ of zł16.87 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Ultimate Games's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2025 was zł3.70 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was zł7.22 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ultimate Games's annualized ROC % for the quarter that ended in Sep. 2025 was 54.75%. Ultimate Games's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 71.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ultimate Games's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 9.73%.


Ultimate Games  (WAR:ULG) EBIT Explanation

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

Ultimate Games's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=14.796 * ( 1 - 19.96% )/( (19.928 + 23.331)/ 2 )
=11.8427184/21.6295
=54.75 %

where

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

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

Ultimate Games's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=14.804/( ( (0.253 + max(18.71, 0)) + (0.264 + max(22.165, 0)) )/ 2 )
=14.804/( ( 18.963 + 22.429 )/ 2 )
=14.804/20.696
=71.53 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.498 + 17.083 + 2.158) - (6.029 + 0 + 0)
=18.71

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.051 + 17.126 + 2.318) - (2.33 + 0 + 0)
=22.165

When net working capital is negative, 0 is used.

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

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

Ultimate Games's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2025 )
=7.216/74.151
=9.73 %

* 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.


Ultimate Games EBIT Related Terms


Ultimate Games EBIT Historical Data

* Premium members only.

The historical data trend for Ultimate Games'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.

Ultimate Games EBIT Chart

Ultimate Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial 41.14 7.77 -10.46 -4.50 3.25

Ultimate Games Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.62 -0.93 2.36 2.08 3.70

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

For the Electronic Gaming & Multimedia subindustry, Ultimate Games'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.


Ultimate Games EV-to-EBIT vs Interactive Media Industry

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

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


WAR:ULG
91GF Score
Ultimate Games SA WAR:ULG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultimate Games 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was zł7.22 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 zł7.22 Mil mean?
Ultimate Games (WAR:ULG) has a EBIT of zł7.22 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ultimate Games.
Is Ultimate Games' EBIT too high?
Ultimate Games' current EBIT is zł7.22 Mil. Overall, Ultimate Games has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Games' EBIT compare to NTES and EA?
Ultimate Games' EBIT of zł7.22 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 Ultimate Games. Ultimate Games's current EBIT is zł7.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Games stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Games (WAR:ULG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł16.87, compared to a current price of zł15.10 — trading 10.5% below its estimated fair value. The current EBIT is zł7.22 Mil. Ultimate Games' overall GF Score™ is 91/100 with 5 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 Ultimate Games (WAR:ULG), the current EBIT is zł7.22 Mil as of Sep. 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.

Is Ultimate Games (WAR:ULG) Overvalued in 2026?

Based on GuruFocus' analysis, Ultimate Games stock appears to be undervalued. The current stock price of zł15.10 is trading 10.5% below its estimated GF Value™ of zł16.87. GuruFocus considers Ultimate Games to be Modestly Undervalued.

Key valuation signals for WAR:ULG:

  • EBIT: zł7.22 Mil
  • GF Value™: zł16.87 vs. price of zł15.10 (10.5% below fair value)
  • GF Score™: 91/100 with 5 warning signs

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


Ultimate Games Business Description

Address ul. Marszalkowska 87/102, Warsaw, POL, 00-683
Ultimate Games SA is a Polish company that operates in the video games market. It is engaged in the production and distribution of games for desktops, mobile devices, and consoles. It develops games on fishing, hunting, and hobby including Ultimate fishing simulator, Pro 2018 Fishing, Priest, Bouncy BOB, Darkest hunters, Earthworms, and The Worst Day Ever.
91GF Score

Get the complete analysis for WAR:ULG

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

zł15.10
Price
zł16.87
GF Value