Black Rose Projects (WAR:BRP) EV-to-EBITDA: -1.00 (As of Sep. 22, 2026)

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WAR:BRP Black Rose Projects SA WAR:BRP
33 GF Score
Price zł0.36
GF Value zł0.41
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Black Rose Projects EV-to-EBITDA?

Black Rose Projects WAR:BRP +1.68% 33 EV-to-EBITDA is -1.00 as of Sep. 22, 2026. GuruFocus rates WAR:BRP with a GF Score™ of 33/100 and a GF Value™ of zł0.41 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 379 Interactive Media companies, Black Rose Projects ranks worse than 263851.98% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Black Rose Projects's enterprise value is zł1.04 Mil. Black Rose Projects's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was zł-1.03 Mil. Therefore, Black Rose Projects's EV-to-EBITDA for today is -1.00.

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

WAR:BRP' s EV-to-EBITDA Range Over the Past 10 Years
Min: -131.64   Med: -1.67   Max: 49.35
Current: -1

During the past 6 years, the highest EV-to-EBITDA of Black Rose Projects was 49.35. The lowest was -131.64. And the median was -1.67.

WAR:BRP's EV-to-EBITDA is ranked worse than
100% of 379 companies
in the Interactive Media industry
Industry Median: 7.26 vs WAR:BRP: -1.00

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), Black Rose Projects's stock price is zł0.364. Black Rose Projects's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was zł-1.337. Therefore, Black Rose Projects'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).


Black Rose Projects  (WAR:BRP) 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.

Black Rose Projects's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.364/-1.337
=At Loss

Black Rose Projects's share price for today is zł0.364.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Black Rose Projects's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was zł-1.337.

* 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?


Black Rose Projects EV-to-EBITDA Related Terms


Black Rose Projects EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Black Rose Projects'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.

Black Rose Projects EV-to-EBITDA Chart

Black Rose Projects Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 -110.31 -6.28 -4.45 -1.33

Black Rose Projects Semi-Annual Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 14.66 4.96 -1.33 -1.41 -0.91

WAR:BRP vs NTES, TTWO, RBLX: EV-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Black Rose Projects'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.


Black Rose Projects EV-to-EBITDA vs Interactive Media Industry

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

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


WAR:BRP
33GF Score
Black Rose Projects SA WAR:BRP
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Rose Projects EV-to-EBITDA Calculation

Black Rose Projects's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1.035/-1.033
=-1.00

Black Rose Projects's current Enterprise Value is zł1.04 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Black Rose Projects's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was zł-1.03 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 -1.00 mean?
Black Rose Projects (WAR:BRP) has a EV-to-EBITDA of -1.00 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 Black Rose Projects. According to the industry distribution chart, Black Rose Projects ranks #999999 out of 379 companies in the Interactive Media industry.
Is Black Rose Projects' EV-to-EBITDA too high?
Black Rose Projects' current EV-to-EBITDA is -1.00. Based on the distribution chart, Black Rose Projects ranks #999999 out of 379 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Black Rose Projects has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Black Rose Projects' EV-to-EBITDA compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Black Rose Projects ranks #999999 out of 379 companies for EV-to-EBITDA. This places Black Rose Projects in the lower half of its industry. The industry median EV-to-EBITDA is 7.26. 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. 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 Black Rose Projects. 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. Black Rose Projects's current EV-to-EBITDA is -1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Rose Projects stock overvalued right now?
Based on GuruFocus' analysis, Black Rose Projects (WAR:BRP) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.41, compared to a current price of zł0.36 — trading 11.2% below its estimated fair value. The current EV-to-EBITDA is -1.00. Black Rose Projects' overall GF Score™ is 33/100 with 7 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 Black Rose Projects (WAR:BRP), the current EV-to-EBITDA is -1.00 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.

Is Black Rose Projects (WAR:BRP) Overvalued in 2026?

Based on GuruFocus' analysis, Black Rose Projects stock appears to be undervalued. The current stock price of zł0.36 is trading 11.2% below its estimated GF Value™ of zł0.41. GuruFocus considers Black Rose Projects to be Modestly Undervalued.

Key valuation signals for WAR:BRP:

  • EV-to-EBITDA: -1.00
  • GF Value™: zł0.41 vs. price of zł0.36 (11.2% below fair value)
  • GF Score™: 33/100 with 7 warning signs

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


Black Rose Projects Business Description

Address Tysiaclecia 1A, Dabrowa Gornicza, POL, 41-300
Black Rose Projects SA develops porting computer and mobile games. It offers porting games for the PC platforms, Nintendo Switch, and PlayStation 4 consoles. Its services include porting, publishing, and managing the sales of given projects.
33GF Score

Get the complete analysis for WAR:BRP

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

zł0.36
Price
zł0.41
GF Value