Devolver Digital (FRA:8CO) EV-to-EBIT: -3.76 (As of Sep. 22, 2026)

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What is Devolver Digital EV-to-EBIT?

Devolver Digital FRA:8CO EV-to-EBIT is -3.76 as of Sep. 22, 2026. The stock has 3 warning signs investors should review. Among 327 Interactive Media companies, Devolver Digital ranks worse than 305810.09% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Devolver Digital's Enterprise Value is €8.64 Mil. Devolver Digital's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.30 Mil. Therefore, Devolver Digital's EV-to-EBIT for today is -3.76.

The historical rank and industry rank for Devolver Digital's EV-to-EBIT or its related term are showing as below:

FRA:8CO' s EV-to-EBIT Range Over the Past 10 Years
Min: -52.23   Med: -9.75   Max: 14.37
Current: -4.21

During the past 6 years, the highest EV-to-EBIT of Devolver Digital was 14.37. The lowest was -52.23. And the median was -9.75.

FRA:8CO's EV-to-EBIT is ranked worse than
100% of 327 companies
in the Interactive Media industry
Industry Median: 8.22 vs FRA:8CO: -4.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Devolver Digital's Enterprise Value for the quarter that ended in Dec. 2025 was €98.37 Mil. Devolver Digital's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.30 Mil. Devolver Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2.34%.


Devolver Digital  (FRA:8CO) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Devolver Digital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-2.2990883416629/98.373119873234
=-2.34 %

Devolver Digital's Enterprise Value for the quarter that ended in Dec. 2025 was €98.37 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Devolver Digital's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.30 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.


Devolver Digital EV-to-EBIT Related Terms


Devolver Digital EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Devolver Digital's EV-to-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.

Devolver Digital EV-to-EBIT Chart

Devolver Digital Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 22.75 -2.53 -5.79 -16.15 -46.68

Devolver Digital Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial -3.01 -17.70 -17.02 -19.12 -42.79

FRA:8CO vs NTES, TTWO, RBLX: EV-to-EBIT Comparison

For the Electronic Gaming & Multimedia subindustry, Devolver Digital'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.


Devolver Digital EV-to-EBIT vs Interactive Media Industry

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

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



Devolver Digital EV-to-EBIT Calculation

Devolver Digital's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8.635/-2.2990883416629
=-3.76

Devolver Digital's current Enterprise Value is €8.64 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Devolver Digital's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €-2.30 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 EV-to-EBIT →
What does a EV-to-EBIT of -3.76 mean?
Devolver Digital (FRA:8CO) has a EV-to-EBIT of -3.76 as of Sep. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Devolver Digital and its competitors. According to the industry distribution chart, Devolver Digital ranks #999999 out of 327 companies in the Interactive Media industry.
Is Devolver Digital's EV-to-EBIT too high?
Devolver Digital's current EV-to-EBIT is -3.76. Based on the distribution chart, Devolver Digital ranks #999999 out of 327 companies in the Interactive Media industry, which is in the bottom quartile relative to peers.
How does Devolver Digital's EV-to-EBIT compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Devolver Digital ranks #999999 out of 327 companies for EV-to-EBIT. This places Devolver Digital in the lower half of its industry. The industry median EV-to-EBIT is 8.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Interactive Media company?
The median EV-to-EBIT among Interactive Media companies is 8.22, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Devolver Digital and its competitors. For the Interactive Media industry, the median EV-to-EBIT is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devolver Digital's current EV-to-EBIT is -3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devolver Digital stock overvalued right now?
Based on GuruFocus' analysis, Devolver Digital (FRA:8CO) is currently considered Possible Value Trap. The stock's GF Value™ is €0.24, compared to a current price of €0.08 — trading 65.4% below its estimated fair value. The current EV-to-EBIT is -3.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Devolver Digital (FRA:8CO), the current EV-to-EBIT is -3.76 as of Sep. 22, 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.

Devolver Digital Business Description

Other Exchanges DEVO:UK
Address 251 Little Falls Drive, Wilmington, New Castle County, DE, USA, 19808
Devolver Digital Inc is engaged in the business of developing video games. Some of its games include Look Outside, Shotgun Cop Man, Forestrike, Minos, Shroom and Gloom, and others. The company operates in the USA, Croatia, the UK, the Netherlands, and Poland.