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Games OperatorsWAR:GOP +2.20%99 EV-to-EBITDA is 11.95 as of Aug. 09, 2026, which is 22% below its 10-year median of 15.25. GuruFocus rates WAR:GOP with a GF Score™ of 99/100 and a GF Value™ of zł14.84 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 375 Interactive Media companies, Games Operators ranks worse than 68% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Games Operators's enterprise value is zł51.81 Mil.
Games Operators's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł4.33 Mil. Therefore, Games Operators's EV-to-EBITDA for today is 11.95.
The historical rank and industry rank for Games Operators's EV-to-EBITDA or its related term are showing as below:
WAR:GOP'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.18 Med: 15.25 Max: 215.49
Current: 11.95
During the past 10 years, the highest EV-to-EBITDA of Games Operators was 215.49. The lowest was 4.18. And the median was 15.25.
WAR:GOP's EV-to-EBITDA is ranked worse than 68% of 375
companies
in the Interactive Media industry
Industry Median: 7.43
vs WAR:GOP: 11.95
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.
Games Operators (WAR:GOP) 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.
Games Operators's PE Ratio (TTM) for today is calculated as:
Games Operators's share price for today is zł11.60.
Games Operators'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 zł0.780.
* 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).
The historical data trend for Games Operators'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.
WAR:GOP vs NTES, EA, TTWO: EV-to-EBITDA Comparison
For the Electronic Gaming & Multimedia subindustry, Games Operators'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.
Games Operators EV-to-EBITDA vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Games Operators's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Games Operators's EV-to-EBITDA falls into.
Games Operators's current Enterprise Value is zł51.81 Mil.
Games Operators'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 zł4.33 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.
Games Operators (WAR:GOP) has a EV-to-EBITDA of 11.95 as of Aug. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Games Operators. This is 22% below median its historical median of 15.25. Over the past decade, Games Operators' EV-to-EBITDA has ranged from 4.18 to 215.49. According to the industry distribution chart, Games Operators ranks #255 out of 375 companies in the Interactive Media industry, placing it in the top 68%.
Is Games Operators' EV-to-EBITDA too high?
Games Operators' current EV-to-EBITDA of 11.95 is 22% below median its 10-year median of 15.25. Over the past 10 years, this metric has ranged from a low of 4.18 to a high of 215.49. The Interactive Media industry median EV-to-EBITDA is 7.43. Games Operators' value of 11.95 is 60.8% above this industry median. Based on the distribution chart, Games Operators ranks #255 out of 375 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Games Operators has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Games Operators' EV-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Games Operators ranks #255 out of 375 companies for EV-to-EBITDA. This places Games Operators in the lower half of its industry. The industry median EV-to-EBITDA is 7.43. Games Operators' value of 11.95 is 60.8% above this benchmark. Historically, Games Operators' own EV-to-EBITDA has ranged from 4.18 to 215.49 over the past decade. While the company's 10-year median is 15.25 vs. the industry median of 7.43, Games Operators 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 7.43, 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. Games Operators's current EV-to-EBITDA of 11.95 is 60.8% 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 Games Operators. For the Interactive Media industry, the median EV-to-EBITDA is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Operators's current EV-to-EBITDA is 11.95, which is 22% below median its own 10-year median of 15.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Operators stock overvalued right now?
Based on GuruFocus' analysis, Games Operators (WAR:GOP) is currently considered Modestly Undervalued. The stock's GF Value™ is zł14.84, compared to a current price of zł11.60 — trading 21.8% below its estimated fair value. The current EV-to-EBITDA is 11.95, which is 22% below median its 10-year median of 15.25 and 60.8% above the Interactive Media industry median of 7.43. Games Operators' overall GF Score™ is 99/100 with 6 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 Games Operators (WAR:GOP), the current EV-to-EBITDA is 11.95 as of Aug. 09, 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 Games Operators (WAR:GOP) Overvalued in 2026?
Based on GuruFocus' analysis, Games Operators stock appears to be undervalued.
The current stock price of zł11.60 is trading 21.8% below its estimated GF Value™ of zł14.84.
GuruFocus considers Games Operators to be Modestly Undervalued.
Key valuation signals for WAR:GOP:
EV-to-EBITDA: 11.95 (22% below median its 10-year median of 15.25)
GF Value™: zł14.84 vs. price of zł11.60 (21.8% below fair value)
Industry Position: 60.8% above the Interactive Media median (#255 of 375)
No single metric tells the full story. See the WAR:GOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Games Operators SA is a publishing company that produces, distributes and sells pay-to-play games in United States, EU (especially England, France, Germany) and China markets. The company sells its games through online sales platforms such as Steam, Google Play, App Store, Nintendo eShop.
99GF Score
Get the complete analysis for WAR:GOP
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