Trophy Games Development AS (OCSE:TGAMES) EV-to-EBITDA: 10.94 (As of Aug. 07, 2026) — 18% Below Median

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OCSE:TGAMES Trophy Games Development AS OCSE:TGAMES
85 GF Score
Price kr13.75
GF Value kr13.87
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Trophy Games Development AS EV-to-EBITDA?

Trophy Games Development AS OCSE:TGAMES -2.14% 85 EV-to-EBITDA is 10.94 as of Aug. 07, 2026, which is 18% below its 10-year median of 13.32. GuruFocus rates OCSE:TGAMES with a GF Score™ of 85/100 and a GF Value™ of kr13.87 (Fairly Valued). The stock has 2 warning signs investors should review. Among 374 Interactive Media companies, Trophy Games Development AS ranks worse than 64.44% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Trophy Games Development AS's enterprise value is kr341.8 Mil. Trophy Games Development AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr31.3 Mil. Therefore, Trophy Games Development AS's EV-to-EBITDA for today is 10.94.

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

OCSE:TGAMES' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.52   Med: 13.32   Max: 77.62
Current: 10.94

During the past 7 years, the highest EV-to-EBITDA of Trophy Games Development AS was 77.62. The lowest was 5.52. And the median was 13.32.

OCSE:TGAMES's EV-to-EBITDA is ranked worse than
64.44% of 374 companies
in the Interactive Media industry
Industry Median: 7.57 vs OCSE:TGAMES: 10.94

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 (2026-08-07), Trophy Games Development AS's stock price is kr13.75. Trophy Games Development AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was kr0.473. Therefore, Trophy Games Development AS's PE Ratio (TTM) for today is 29.07.

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


Trophy Games Development AS  (OCSE:TGAMES) 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.

Trophy Games Development AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.75/0.473
=29.07

Trophy Games Development AS's share price for today is kr13.75.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Trophy Games Development AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was kr0.473.

* 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?


Trophy Games Development AS EV-to-EBITDA Related Terms


Trophy Games Development AS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Trophy Games Development AS'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.

Trophy Games Development AS EV-to-EBITDA Chart

Trophy Games Development AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 56.33 10.47 6.93 5.46 10.64

Trophy Games Development AS Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.93 0.00 5.46 0.00 10.64

OCSE:TGAMES vs NTES, EA, TTWO: EV-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Trophy Games Development AS'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.


Trophy Games Development AS EV-to-EBITDA vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trophy Games Development AS's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Trophy Games Development AS's EV-to-EBITDA falls into.


OCSE:TGAMES
85GF Score
Trophy Games Development AS OCSE:TGAMES
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trophy Games Development AS EV-to-EBITDA Calculation

Trophy Games Development AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=341.763/31.252
=10.94

Trophy Games Development AS's current Enterprise Value is kr341.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Trophy Games Development AS's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was kr31.3 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 10.94 mean?
Trophy Games Development AS (OCSE:TGAMES) has a EV-to-EBITDA of 10.94 as of Aug. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Trophy Games Development AS. This is 18% below median its historical median of 13.32. Over the past decade, Trophy Games Development AS's EV-to-EBITDA has ranged from 5.52 to 77.62. According to the industry distribution chart, Trophy Games Development AS ranks #241 out of 374 companies in the Interactive Media industry, placing it in the top 64.4%.
Is Trophy Games Development AS's EV-to-EBITDA too high?
Trophy Games Development AS's current EV-to-EBITDA of 10.94 is 18% below median its 10-year median of 13.32. Over the past 10 years, this metric has ranged from a low of 5.52 to a high of 77.62. The Interactive Media industry median EV-to-EBITDA is 7.57. Trophy Games Development AS's value of 10.94 is 44.5% above this industry median. Based on the distribution chart, Trophy Games Development AS ranks #241 out of 374 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Trophy Games Development AS has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trophy Games Development AS's EV-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Trophy Games Development AS ranks #241 out of 374 companies for EV-to-EBITDA. This places Trophy Games Development AS in the lower half of its industry. The industry median EV-to-EBITDA is 7.57. Trophy Games Development AS's value of 10.94 is 44.5% above this benchmark. Historically, Trophy Games Development AS's own EV-to-EBITDA has ranged from 5.52 to 77.62 over the past decade. While the company's 10-year median is 13.32 vs. the industry median of 7.57, Trophy Games Development AS 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 an Interactive Media company?
The median EV-to-EBITDA among Interactive Media companies is 7.57, based on 374 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. Trophy Games Development AS's current EV-to-EBITDA of 10.94 is 44.5% 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 Trophy Games Development AS. For the Interactive Media industry, the median EV-to-EBITDA is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trophy Games Development AS's current EV-to-EBITDA is 10.94, which is 18% below median its own 10-year median of 13.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trophy Games Development AS stock overvalued right now?
Based on GuruFocus' analysis, Trophy Games Development AS (OCSE:TGAMES) is currently considered Fairly Valued. The stock's GF Value™ is kr13.87, compared to a current price of kr13.75 — trading 0.9% below its estimated fair value. The current EV-to-EBITDA is 10.94, which is 18% below median its 10-year median of 13.32 and 44.5% above the Interactive Media industry median of 7.57. Trophy Games Development AS's overall GF Score™ is 85/100 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 Trophy Games Development AS (OCSE:TGAMES), the current EV-to-EBITDA is 10.94 as of Aug. 07, 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 Trophy Games Development AS (OCSE:TGAMES) Overvalued in 2026?

Based on GuruFocus' analysis, Trophy Games Development AS stock appears to be undervalued. The current stock price of kr13.75 is trading 0.9% below its estimated GF Value™ of kr13.87. GuruFocus considers Trophy Games Development AS to be Fairly Valued.

Key valuation signals for OCSE:TGAMES:

  • EV-to-EBITDA: 10.94 (18% below median its 10-year median of 13.32)
  • GF Value™: kr13.87 vs. price of kr13.75 (0.9% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 44.5% above the Interactive Media median (#241 of 374)

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


Trophy Games Development AS Business Description

Other Exchanges 4H7:Germany
Address Mikkel Bryggers Gade 4, 2nd Floor, Copenhagen, DNK, 1460
Trophy Games Development AS is a Denmark-based company that develops and publishes mobile and pc games. Its game studio provides endless entertainment and challenging gameplay for all players. The company offers games for mobile, Steam, and browser.
85GF Score

Get the complete analysis for OCSE:TGAMES

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

kr13.75
Price
kr13.87
GF Value