CI Games SE (WAR:CIG) EV-to-EBITDA: 19.12 (As of Aug. 18, 2026) — 187% Above Median

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WAR:CIG CI Games SE WAR:CIG
81 GF Score
Price zł2.60
GF Value zł2.01
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is CI Games SE EV-to-EBITDA?

CI Games SE WAR:CIG -1.89% 81 EV-to-EBITDA is 19.12 as of Aug. 18, 2026, which is 187% above its 10-year median of 6.66. GuruFocus rates WAR:CIG with a GF Score™ of 81/100 and a GF Value™ of zł2.01 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 375 Interactive Media companies, CI Games SE ranks worse than 79.47% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, CI Games SE's enterprise value is zł614.87 Mil. CI Games SE's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł32.15 Mil. Therefore, CI Games SE's EV-to-EBITDA for today is 19.12.

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

WAR:CIG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -87.05   Med: 6.66   Max: 392.31
Current: 19.12

During the past 13 years, the highest EV-to-EBITDA of CI Games SE was 392.31. The lowest was -87.05. And the median was 6.66.

WAR:CIG's EV-to-EBITDA is ranked worse than
79.47% of 375 companies
in the Interactive Media industry
Industry Median: 7.31 vs WAR:CIG: 19.12

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 (2026-08-18), CI Games SE's stock price is zł2.60. CI Games SE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł0.060. Therefore, CI Games SE's PE Ratio (TTM) for today is 43.33.

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


CI Games SE  (WAR:CIG) 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.

CI Games SE's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.60/0.060
=43.33

CI Games SE's share price for today is zł2.60.
CI Games SE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was zł0.060.

* 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?


CI Games SE EV-to-EBITDA Related Terms


CI Games SE EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CI Games SE'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.

CI Games SE EV-to-EBITDA Chart

CI Games SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 23.86 4.69 5.92 14.50

CI Games SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.90 13.46 21.75 14.50 18.70

WAR:CIG vs NTES, EA, TTWO: EV-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, CI Games SE'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.


CI Games SE EV-to-EBITDA vs Interactive Media Industry

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

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


WAR:CIG
81GF Score
CI Games SE WAR:CIG
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CI Games SE EV-to-EBITDA Calculation

CI Games SE's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=614.872/32.153
=19.12

CI Games SE's current Enterprise Value is zł614.87 Mil.
CI Games SE's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was zł32.15 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 19.12 mean?
CI Games SE (WAR:CIG) has a EV-to-EBITDA of 19.12 as of Aug. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on CI Games SE. This is 187% above median its historical median of 6.66. According to the industry distribution chart, CI Games SE ranks #298 out of 375 companies in the Interactive Media industry, placing it in the top 79.5%.
Is CI Games SE's EV-to-EBITDA too high?
CI Games SE's current EV-to-EBITDA of 19.12 is 187% above median its 10-year median of 6.66. The Interactive Media industry median EV-to-EBITDA is 7.31. CI Games SE's value of 19.12 is 161.6% above this industry median. Based on the distribution chart, CI Games SE ranks #298 out of 375 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, CI Games SE has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CI Games SE's EV-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, CI Games SE ranks #298 out of 375 companies for EV-to-EBITDA. This places CI Games SE in the lower half of its industry. The industry median EV-to-EBITDA is 7.31. CI Games SE's value of 19.12 is 161.6% above this benchmark. While the company's 10-year median is 6.66 vs. the industry median of 7.31, CI Games SE 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 7.31, based on 375 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. CI Games SE's current EV-to-EBITDA of 19.12 is 161.6% 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 CI Games SE. For the Interactive Media industry, the median EV-to-EBITDA is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CI Games SE's current EV-to-EBITDA is 19.12, which is 187% above median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CI Games SE stock overvalued right now?
Based on GuruFocus' analysis, CI Games SE (WAR:CIG) is currently considered Modestly Overvalued. The stock's GF Value™ is zł2.01, compared to a current price of zł2.60 — trading 29.4% above its estimated fair value. The current EV-to-EBITDA is 19.12, which is 187% above median its 10-year median of 6.66 and 161.6% above the Interactive Media industry median of 7.31. CI Games SE's overall GF Score™ is 81/100 with 8 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 CI Games SE (WAR:CIG), the current EV-to-EBITDA is 19.12 as of Aug. 18, 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 CI Games SE (WAR:CIG) Overvalued in 2026?

Based on GuruFocus' analysis, CI Games SE stock appears to be overvalued. The current stock price of zł2.60 is trading 29.4% above its estimated GF Value™ of zł2.01. GuruFocus considers CI Games SE to be Modestly Overvalued.

Key valuation signals for WAR:CIG:

  • EV-to-EBITDA: 19.12 (187% above median its 10-year median of 6.66)
  • GF Value™: zł2.01 vs. price of zł2.60 (29.4% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 161.6% above the Interactive Media median (#298 of 375)

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


CI Games SE Business Description

Other Exchanges CIGMF:USACI7:Germany
Address Rondo Daszyńskiego 2B, Warszawa, POL, 00-843
CI Games SE is engaged in developing, producing, publishing, and distributing computer games. The company offers various games including Sniper Ghost Warrior, Alien Fear, Dogfight 1942, Farm Frenzy and Enemy Front among others.
81GF Score

Get the complete analysis for WAR:CIG

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

zł2.60
Price
zł2.01
GF Value