GameStop (HAM:GS2C) EV-to-EBITDA: 13.60 (As of Jul. 27, 2026) — 1302% Above Median

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:GS2C GameStop Corp HAM:GS2C
56 GF Score
Price €18.83
GF Value €11.23
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is GameStop EV-to-EBITDA?

GameStop HAM:GS2C +0.86% 56 EV-to-EBITDA is 13.60 as of Jul. 27, 2026, which is 1302% above its 10-year median of 0.97. GuruFocus rates HAM:GS2C with a GF Score™ of 56/100 and a GF Value™ of €11.23 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 947 Retail - Cyclical companies, GameStop ranks worse than 69.06% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, GameStop's enterprise value is €4,808 Mil. GameStop's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was €353 Mil. Therefore, GameStop's EV-to-EBITDA for today is 13.60.

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

HAM:GS2C' s EV-to-EBITDA Range Over the Past 10 Years
Min: -213.65   Med: 0.97   Max: 708.93
Current: 13.22

During the past 13 years, the highest EV-to-EBITDA of GameStop was 708.93. The lowest was -213.65. And the median was 0.97.

HAM:GS2C's EV-to-EBITDA is ranked worse than
69.06% of 947 companies
in the Retail - Cyclical industry
Industry Median: 8.82 vs HAM:GS2C: 13.22

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 (2026-07-27), GameStop's stock price is €18.83. GameStop's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was €1.129. Therefore, GameStop's PE Ratio (TTM) for today is 16.68.

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


GameStop  (HAM:GS2C) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=18.83/1.129
=16.68

GameStop's share price for today is €18.83.
GameStop's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.129.

* 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?


GameStop EV-to-EBITDA Related Terms


GameStop EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for GameStop'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.

GameStop EV-to-EBITDA Chart

GameStop Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.86 -23.82 141.65 341.73 20.14

GameStop Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 90.61 33.97 22.84 20.14 17.32

HAM:GS2C vs FIVE, MUSA, BBWI: EV-to-EBITDA Comparison

For the Specialty Retail subindustry, GameStop'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.


GameStop EV-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, GameStop's EV-to-EBITDA distribution charts can be found below:

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


HAM:GS2C
56GF Score
GameStop Corp HAM:GS2C
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GameStop EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4808.058/353.498
=13.60

GameStop's current Enterprise Value is €4,808 Mil.
GameStop's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €353 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 13.60 mean?
GameStop (HAM:GS2C) has a EV-to-EBITDA of 13.60 as of Jul. 27, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on GameStop. This is 1302% above median its historical median of 0.97. According to the industry distribution chart, GameStop ranks #654 out of 947 companies in the Retail - Cyclical industry, placing it in the top 69.1%.
Is GameStop's EV-to-EBITDA too high?
GameStop's current EV-to-EBITDA of 13.60 is 1302% above median its 10-year median of 0.97. The Retail - Cyclical industry median EV-to-EBITDA is 8.82. GameStop's value of 13.60 is 54.2% above this industry median. Based on the distribution chart, GameStop ranks #654 out of 947 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, GameStop has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GameStop's EV-to-EBITDA compare to FIVE and MUSA?
According to the Retail - Cyclical industry distribution chart, GameStop ranks #654 out of 947 companies for EV-to-EBITDA. This places GameStop in the lower half of its industry. The industry median EV-to-EBITDA is 8.82. GameStop's value of 13.60 is 54.2% above this benchmark. While the company's 10-year median is 0.97 vs. the industry median of 8.82, GameStop 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 Retail - Cyclical company?
The median EV-to-EBITDA among Retail - Cyclical companies is 8.82, based on 947 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. GameStop's current EV-to-EBITDA of 13.60 is 54.2% 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 GameStop. For the Retail - Cyclical industry, the median EV-to-EBITDA is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GameStop's current EV-to-EBITDA is 13.60, which is 1302% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameStop stock overvalued right now?
Based on GuruFocus' analysis, GameStop (HAM:GS2C) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.23, compared to a current price of €18.83 — trading 67.7% above its estimated fair value. The current EV-to-EBITDA is 13.60, which is 1302% above median its 10-year median of 0.97 and 54.2% above the Retail - Cyclical industry median of 8.82. GameStop's overall GF Score™ is 56/100 with 5 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 GameStop (HAM:GS2C), the current EV-to-EBITDA is 13.60 as of Jul. 27, 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 GameStop (HAM:GS2C) Overvalued in 2026?

Based on GuruFocus' analysis, GameStop stock appears to be overvalued. The current stock price of €18.83 is trading 67.7% above its estimated GF Value™ of €11.23. GuruFocus considers GameStop to be Significantly Overvalued.

Key valuation signals for HAM:GS2C:

  • EV-to-EBITDA: 13.60 (1302% above median its 10-year median of 0.97)
  • GF Value™: €11.23 vs. price of €18.83 (67.7% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 54.2% above the Retail - Cyclical median (#654 of 947)

No single metric tells the full story. See the HAM:GS2C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameStop Business Description

Address 625 Westport Parkway, Grapevine, TX, USA, 76051
GameStop Corp offers games, collectibles, and entertainment products through its stores and ecommerce platforms. Its products include Hardware and accessories offering new and pre-owned gaming platforms from the console manufacturers, Software offering new and pre-owned gaming software for current and certain prior generation consoles and sell a wide range of in-game digital currency, digital downloadable content and full-game downloads, and Collectibles consist of apparel, toys, trading cards, gadgets and other retail products for pop culture and technology enthusiasts and collectibles related services, such as submission services for the authentication and grading of trading cards. The company operates its business in three geographic segments: the United States, Australia, and Europe.
56GF Score

Get the complete analysis for HAM:GS2C

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

€18.83
Price
€11.23
GF Value