Games Workshop Group (CHIX:GAWL) EV-to-EBITDA: 19.07 (As of Aug. 14, 2026) — 22% Above Median

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CHIX:GAWL Games Workshop Group PLC CHIX:GAWL
91 GF Score
Price £189.70
GF Value £163.98
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Games Workshop Group EV-to-EBITDA?

Games Workshop Group CHIX:GAWL -0.37% 91 EV-to-EBITDA is 19.07 as of Aug. 14, 2026, which is 22% above its 10-year median of 15.68. GuruFocus rates CHIX:GAWL with a GF Score™ of 91/100 and a GF Value™ of £163.98 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 699 Travel & Leisure companies, Games Workshop Group ranks worse than 77.54% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Games Workshop Group's enterprise value is £6,178.1 Mil. Games Workshop Group's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was £324.0 Mil. Therefore, Games Workshop Group's EV-to-EBITDA for today is 19.07.

The historical rank and industry rank for Games Workshop Group's EV-to-EBITDA or its related term are showing as below:

CHIX:GAWl' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.52   Med: 15.68   Max: 33.82
Current: 19.07

During the past 13 years, the highest EV-to-EBITDA of Games Workshop Group was 33.82. The lowest was 5.52. And the median was 15.68.

CHIX:GAWl's EV-to-EBITDA is ranked worse than
77.54% of 699 companies
in the Travel & Leisure industry
Industry Median: 9.71 vs CHIX:GAWl: 19.07

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-14), Games Workshop Group's stock price is £189.70. Games Workshop Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was £6.225. Therefore, Games Workshop Group's PE Ratio (TTM) for today is 30.47.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Games Workshop Group  (CHIX:GAWl) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Games Workshop Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=189.70/6.225
=30.47

Games Workshop Group's share price for today is £189.70.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Games Workshop Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was £6.225.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Games Workshop Group EV-to-EBITDA Related Terms


Games Workshop Group EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Games Workshop Group's EV-to-EBITDA 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.

Games Workshop Group EV-to-EBITDA Chart

Games Workshop Group Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.43 14.57 13.28 16.12 19.86

Games Workshop Group Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
EV-to-EBITDA 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 13.28 0.00 16.12 0.00 19.86

CHIX:GAWL vs AS, HAS, LTH: EV-to-EBITDA Comparison

For the Leisure subindustry, Games Workshop Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Games Workshop Group EV-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Games Workshop Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Games Workshop Group's EV-to-EBITDA falls into.


CHIX:GAWL
91GF Score
Games Workshop Group PLC CHIX:GAWL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Games Workshop Group EV-to-EBITDA Calculation

Games Workshop Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6178.056/324
=19.07

Games Workshop Group's current Enterprise Value is £6,178.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Games Workshop Group's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was £324.0 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-EBITDA →
What does a EV-to-EBITDA of 19.07 mean?
Games Workshop Group (CHIX:GAWL) has a EV-to-EBITDA of 19.07 as of Aug. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Games Workshop Group. This is 22% above median its historical median of 15.68. Over the past decade, Games Workshop Group's EV-to-EBITDA has ranged from 5.52 to 33.82. According to the industry distribution chart, Games Workshop Group ranks #542 out of 699 companies in the Travel & Leisure industry, placing it in the top 77.5%.
Is Games Workshop Group's EV-to-EBITDA too high?
Games Workshop Group's current EV-to-EBITDA of 19.07 is 22% above median its 10-year median of 15.68. Over the past 10 years, this metric has ranged from a low of 5.52 to a high of 33.82. The Travel & Leisure industry median EV-to-EBITDA is 9.71. Games Workshop Group's value of 19.07 is 96.4% above this industry median. Based on the distribution chart, Games Workshop Group ranks #542 out of 699 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Games Workshop Group has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Games Workshop Group's EV-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Games Workshop Group ranks #542 out of 699 companies for EV-to-EBITDA. This places Games Workshop Group in the lower half of its industry. The industry median EV-to-EBITDA is 9.71. Games Workshop Group's value of 19.07 is 96.4% above this benchmark. Historically, Games Workshop Group's own EV-to-EBITDA has ranged from 5.52 to 33.82 over the past decade. While the company's 10-year median is 15.68 vs. the industry median of 9.71, Games Workshop Group 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-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.71, based on 699 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Games Workshop Group's current EV-to-EBITDA of 19.07 is 96.4% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Games Workshop Group. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Workshop Group's current EV-to-EBITDA is 19.07, which is 22% above median its own 10-year median of 15.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Workshop Group stock overvalued right now?
Based on GuruFocus' analysis, Games Workshop Group (CHIX:GAWL) is currently considered Modestly Overvalued. The stock's GF Value™ is £163.98, compared to a current price of £189.70 — trading 15.7% above its estimated fair value. The current EV-to-EBITDA is 19.07, which is 22% above median its 10-year median of 15.68 and 96.4% above the Travel & Leisure industry median of 9.71. Games Workshop Group's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Games Workshop Group (CHIX:GAWL), the current EV-to-EBITDA is 19.07 as of Aug. 14, 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 Games Workshop Group (CHIX:GAWL) Overvalued in 2026?

Based on GuruFocus' analysis, Games Workshop Group stock appears to be overvalued. The current stock price of £189.70 is trading 15.7% above its estimated GF Value™ of £163.98. GuruFocus considers Games Workshop Group to be Modestly Overvalued.

Key valuation signals for CHIX:GAWL:

  • EV-to-EBITDA: 19.07 (22% above median its 10-year median of 15.68)
  • GF Value™: £163.98 vs. price of £189.70 (15.7% above fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 96.4% above the Travel & Leisure median (#542 of 699)

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


Games Workshop Group Business Description

Address Willow Road, Lenton, Nottingham, GBR, NG7 2WS
Games Workshop Group PLC designs, manufactures and sells fantasy miniatures and games related products. It carries the manufacturing activity in the UK and sells the same in the different region of the countries such as Continental Europe, North America, and Asia Pacific. It operates through two segments Core and Licensing . The core segment includes all revenue and expenditure relating to the design, manufacture and sales of their fantasy miniatures and related products. The licensing segment includes all revenue and expenditure relating to licences granted to external partners. The company generates majority of its revenue from the core segment.
91GF Score

Get the complete analysis for CHIX:GAWL

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

£189.70
Price
£163.98
GF Value