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Varsav Game Studios (WAR:VAR) 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.
Varsav Game Studios's Enterprise Value for the quarter that ended in Mar. 2026 was zł9.04 Mil.
Varsav Game Studios'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 zł1.30 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.
Varsav Game Studios EV-to-EBIT Related Terms
Varsav Game Studios EV-to-EBIT Historical Data
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The historical data trend for Varsav Game Studios'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.
For the Electronic Gaming & Multimedia subindustry, Varsav Game Studios'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.
Varsav Game Studios EV-to-EBIT vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Varsav Game Studios's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Varsav Game Studios's EV-to-EBIT falls into.
Varsav Game Studios's current Enterprise Value is zł22.78 Mil.
Varsav Game Studios'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 zł1.30 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.
Varsav Game Studios (WAR:VAR) has a EV-to-EBIT of 17.54 as of Aug. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Varsav Game Studios and its competitors. According to the industry distribution chart, Varsav Game Studios ranks #256 out of 331 companies in the Interactive Media industry, placing it in the top 77.3%.
Is Varsav Game Studios' EV-to-EBIT too high?
Varsav Game Studios' current EV-to-EBIT is 17.54. The Interactive Media industry median EV-to-EBIT is 8.92. Varsav Game Studios' value of 17.54 is 96.6% above this industry median. Based on the distribution chart, Varsav Game Studios ranks #256 out of 331 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Varsav Game Studios has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varsav Game Studios' EV-to-EBIT compare to NTES and EA?
According to the Interactive Media industry distribution chart, Varsav Game Studios ranks #256 out of 331 companies for EV-to-EBIT. This places Varsav Game Studios in the lower half of its industry. The industry median EV-to-EBIT is 8.92. Varsav Game Studios' value of 17.54 is 96.6% above this benchmark. 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 8.92, based on 331 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. Varsav Game Studios's current EV-to-EBIT of 17.54 is 96.6% 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 Varsav Game Studios and its competitors. For the Interactive Media industry, the median EV-to-EBIT is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varsav Game Studios's current EV-to-EBIT is 17.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varsav Game Studios stock overvalued right now?
Based on GuruFocus' analysis, Varsav Game Studios (WAR:VAR) is currently considered Modestly Overvalued. The stock's GF Value™ is zł0.70, compared to a current price of zł0.84 — trading 20% above its estimated fair value. The current EV-to-EBIT is 17.54 and 96.6% above the Interactive Media industry median of 8.92. Varsav Game Studios' overall GF Score™ is 53/100 with 8 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 Varsav Game Studios (WAR:VAR), the current EV-to-EBIT is 17.54 as of Aug. 23, 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 Varsav Game Studios (WAR:VAR) Overvalued in 2026?
Based on GuruFocus' analysis, Varsav Game Studios stock appears to be overvalued.
The current stock price of zł0.84 is trading 20% above its estimated GF Value™ of zł0.70.
GuruFocus considers Varsav Game Studios to be Modestly Overvalued.
Key valuation signals for WAR:VAR:
EV-to-EBIT: 17.54
GF Value™: zł0.70 vs. price of zł0.84 (20% above fair value)
Industry Position: 96.6% above the Interactive Media median (#256 of 331)
No single metric tells the full story. See the WAR:VAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varsav Game Studios SA is a Poland-based company. It is mainly engaged in the production of PC and mobile games and applications. The company offers various services to the gaming industry, including portfolio building and providing technological and financial support. Games developed by the company include Bee Simulator, AR Kicker, Crowd Dragons, Metamorphosis, and Interkosmos.
53GF Score
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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