INC (WAR:INC) EV-to-EBIT: 16.49 (As of Aug. 15, 2026) — 7070% Above Median

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WAR:INC INC SA WAR:INC
50 GF Score
Price zł1.49
GF Value zł3.96
Valuation Possible Value Trap
! 4 Warning Signs
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What is INC EV-to-EBIT?

INC WAR:INC +1.02% 50 EV-to-EBIT is 16.49 as of Aug. 15, 2026, which is 7070% above its 10-year median of 0.23. GuruFocus rates WAR:INC with a GF Score™ of 50/100 and a GF Value™ of zł3.96 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 499 Capital Markets companies, INC ranks worse than 67.13% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, INC's Enterprise Value is zł11.40 Mil. INC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł0.69 Mil. Therefore, INC's EV-to-EBIT for today is 16.49.

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

WAR:INC' s EV-to-EBIT Range Over the Past 10 Years
Min: -54.38   Med: 0.23   Max: 65.31
Current: 16.49

During the past 13 years, the highest EV-to-EBIT of INC was 65.31. The lowest was -54.38. And the median was 0.23.

WAR:INC's EV-to-EBIT is ranked worse than
67.13% of 499 companies
in the Capital Markets industry
Industry Median: 9.9 vs WAR:INC: 16.49

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. INC's Enterprise Value for the quarter that ended in Mar. 2026 was zł16.67 Mil. INC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł0.69 Mil. INC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.14%.


INC  (WAR:INC) 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) %.

INC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=0.691/16.6748
=4.14 %

INC's Enterprise Value for the quarter that ended in Mar. 2026 was zł16.67 Mil.
INC's 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 zł0.69 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.


INC EV-to-EBIT Related Terms


INC EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for INC'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.

INC EV-to-EBIT Chart

INC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.38 -0.70 -1.80 -1.02 5.06

INC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-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 -51.70 18.84 65.57 5.06 24.13

WAR:INC vs MS, GS, SCHW: EV-to-EBIT Comparison

For the Capital Markets subindustry, INC'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.


INC EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, INC's EV-to-EBIT distribution charts can be found below:

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


WAR:INC
50GF Score
INC SA WAR:INC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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INC EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11.397/0.691
=16.49

INC's current Enterprise Value is zł11.40 Mil.
INC's 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 zł0.69 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 16.49 mean?
INC (WAR:INC) has a EV-to-EBIT of 16.49 as of Aug. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on INC and its competitors. This is 7070% above median its historical median of 0.23. According to the industry distribution chart, INC ranks #335 out of 499 companies in the Capital Markets industry, placing it in the top 67.1%.
Is INC's EV-to-EBIT too high?
INC's current EV-to-EBIT of 16.49 is 7070% above median its 10-year median of 0.23. The Capital Markets industry median EV-to-EBIT is 9.90. INC's value of 16.49 is 66.6% above this industry median. Based on the distribution chart, INC ranks #335 out of 499 companies in the Capital Markets industry, which is below the industry midpoint. Overall, INC has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does INC's EV-to-EBIT compare to MS and GS?
According to the Capital Markets industry distribution chart, INC ranks #335 out of 499 companies for EV-to-EBIT. This places INC in the lower half of its industry. The industry median EV-to-EBIT is 9.90. INC's value of 16.49 is 66.6% above this benchmark. While the company's 10-year median is 0.23 vs. the industry median of 9.90, INC has consistently been above the industry average. 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 a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 9.90, based on 499 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. INC's current EV-to-EBIT of 16.49 is 66.6% above the industry median. 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 INC and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 9.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INC's current EV-to-EBIT is 16.49, which is 7070% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INC stock overvalued right now?
Based on GuruFocus' analysis, INC (WAR:INC) is currently considered Possible Value Trap. The stock's GF Value™ is zł3.96, compared to a current price of zł1.49 — trading 62.5% below its estimated fair value. The current EV-to-EBIT is 16.49, which is 7070% above median its 10-year median of 0.23 and 66.6% above the Capital Markets industry median of 9.90. INC's overall GF Score™ is 50/100 with 4 warning signs to review. 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 INC (WAR:INC), the current EV-to-EBIT is 16.49 as of Aug. 15, 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 INC (WAR:INC) Overvalued in 2026?

Based on GuruFocus' analysis, INC stock appears to be undervalued. The current stock price of zł1.49 is trading 62.5% below its estimated GF Value™ of zł3.96. GuruFocus considers INC to be Possible Value Trap.

Key valuation signals for WAR:INC:

  • EV-to-EBIT: 16.49 (7070% above median its 10-year median of 0.23)
  • GF Value™: zł3.96 vs. price of zł1.49 (62.5% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 66.6% above the Capital Markets median (#335 of 499)

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


INC Business Description

Address ul. Abpa A. Baraniaka 6, Poznan, POL, 61-131
INC SA operates in the area of investment and advisory services in the Polish capital market. The company supports the development of small and medium-sized enterprises, as well as local government units.
50GF Score

Get the complete analysis for WAR:INC

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

zł1.49
Price
zł3.96
GF Value