Devolver Digital (FRA:8CO) EV-to-EBITDA: 0.39 (As of Sep. 22, 2026) — 92% Below Median

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What is Devolver Digital EV-to-EBITDA?

Devolver Digital FRA:8CO EV-to-EBITDA is 0.39 as of Sep. 22, 2026, which is 92% below its 10-year median of 4.86. The stock has 3 warning signs investors should review. Among 379 Interactive Media companies, Devolver Digital ranks better than 92.35% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Devolver Digital's enterprise value is €8.64 Mil. Devolver Digital's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €22.31 Mil. Therefore, Devolver Digital's EV-to-EBITDA for today is 0.39.

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

FRA:8CO' s EV-to-EBITDA Range Over the Past 10 Years
Min: -19.4   Med: 4.86   Max: 45.65
Current: 0.44

During the past 6 years, the highest EV-to-EBITDA of Devolver Digital was 45.65. The lowest was -19.40. And the median was 4.86.

FRA:8CO's EV-to-EBITDA is ranked better than
92.35% of 379 companies
in the Interactive Media industry
Industry Median: 7.26 vs FRA:8CO: 0.44

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 (2026-09-22), Devolver Digital's stock price is €0.083. Devolver Digital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.030. Therefore, Devolver Digital's PE Ratio (TTM) for today is At Loss.

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


Devolver Digital  (FRA:8CO) 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.

Devolver Digital's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.083/-0.030
=At Loss

Devolver Digital's share price for today is €0.083.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Devolver Digital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.030.

* 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?


Devolver Digital EV-to-EBITDA Related Terms


Devolver Digital EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Devolver Digital'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.

Devolver Digital EV-to-EBITDA Chart

Devolver Digital Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 19.28 -3.16 16.48 5.49 5.04

Devolver Digital Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA Get a 7-Day Free Trial 8.21 9.63 5.78 6.18 4.41

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

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


Devolver Digital EV-to-EBITDA vs Interactive Media Industry

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

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



Devolver Digital EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8.635/22.311881467361
=0.39

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 EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €22.31 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 0.39 mean?
Devolver Digital (FRA:8CO) has a EV-to-EBITDA of 0.39 as of Sep. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Devolver Digital. This is 92% below median its historical median of 4.86. According to the industry distribution chart, Devolver Digital ranks #29 out of 379 companies in the Interactive Media industry, placing it in the top 7.7%.
Is Devolver Digital's EV-to-EBITDA too high?
Devolver Digital's current EV-to-EBITDA of 0.39 is 92% below median its 10-year median of 4.86. The Interactive Media industry median EV-to-EBITDA is 7.26. Devolver Digital's value of 0.39 is 94.6% below this industry median. Based on the distribution chart, Devolver Digital ranks #29 out of 379 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers.
How does Devolver Digital's EV-to-EBITDA compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Devolver Digital ranks #29 out of 379 companies for EV-to-EBITDA. This places Devolver Digital in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 7.26. Devolver Digital's value of 0.39 is 94.6% below this benchmark. While the company's 10-year median is 4.86 vs. the industry median of 7.26, Devolver Digital has consistently been below 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 an Interactive Media company?
The median EV-to-EBITDA among Interactive Media companies is 7.26, based on 379 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. Devolver Digital's current EV-to-EBITDA of 0.39 is 94.6% below 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 Devolver Digital. For the Interactive Media industry, the median EV-to-EBITDA is 7.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devolver Digital's current EV-to-EBITDA is 0.39, which is 92% below median its own 10-year median of 4.86. 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-EBITDA is 0.39, which is 92% below median its 10-year median of 4.86 and 94.6% below the Interactive Media industry median of 7.26. 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 Devolver Digital (FRA:8CO), the current EV-to-EBITDA is 0.39 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.