PlayWay (WAR:PLW) EV-to-EBITDA: 10.13 (As of Aug. 03, 2026) — 28% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

WAR:PLW PlayWay SA WAR:PLW
88 GF Score
Price zł243.00
GF Value zł313.20
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is PlayWay EV-to-EBITDA?

PlayWay WAR:PLW +0.41% 88 EV-to-EBITDA is 10.13 as of Aug. 03, 2026, which is 28% below its 10-year median of 14.02. GuruFocus rates WAR:PLW with a GF Score™ of 88/100 and a GF Value™ of zł313.20 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 376 Interactive Media companies, PlayWay ranks worse than 61.97% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, PlayWay's enterprise value is zł1,438.6 Mil. PlayWay's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł141.9 Mil. Therefore, PlayWay's EV-to-EBITDA for today is 10.13.

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

WAR:PLW' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.98   Med: 14.02   Max: 60.99
Current: 10.14

During the past 11 years, the highest EV-to-EBITDA of PlayWay was 60.99. The lowest was 5.98. And the median was 14.02.

WAR:PLW's EV-to-EBITDA is ranked worse than
61.97% of 376 companies
in the Interactive Media industry
Industry Median: 7.61 vs WAR:PLW: 10.14

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 (2026-08-03), PlayWay's stock price is zł243.00. PlayWay's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł11.350. Therefore, PlayWay's PE Ratio (TTM) for today is 21.41.

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


PlayWay  (WAR:PLW) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=243.00/11.350
=21.41

PlayWay's share price for today is zł243.00.
PlayWay'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 zł11.350.

* 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?


PlayWay EV-to-EBITDA Related Terms


PlayWay EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PlayWay'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.

PlayWay EV-to-EBITDA Chart

PlayWay 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 15.87 12.69 14.47 6.44 11.59

PlayWay 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 6.27 7.81 8.63 11.59 10.30

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

For the Electronic Gaming & Multimedia subindustry, PlayWay'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.


PlayWay EV-to-EBITDA vs Interactive Media Industry

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

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


WAR:PLW
88GF Score
PlayWay SA WAR:PLW
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PlayWay EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1438.621/141.946
=10.13

PlayWay's current Enterprise Value is zł1,438.6 Mil.
PlayWay'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 zł141.9 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 10.13 mean?
PlayWay (WAR:PLW) has a EV-to-EBITDA of 10.13 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on PlayWay. This is 28% below median its historical median of 14.02. Over the past decade, PlayWay's EV-to-EBITDA has ranged from 5.98 to 60.99. According to the industry distribution chart, PlayWay ranks #233 out of 376 companies in the Interactive Media industry, placing it in the top 62%.
Is PlayWay's EV-to-EBITDA too high?
PlayWay's current EV-to-EBITDA of 10.13 is 28% below median its 10-year median of 14.02. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 60.99. The Interactive Media industry median EV-to-EBITDA is 7.61. PlayWay's value of 10.13 is 33.1% above this industry median. Based on the distribution chart, PlayWay ranks #233 out of 376 companies in the Interactive Media industry, which is below the industry midpoint. Overall, PlayWay has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PlayWay's EV-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, PlayWay ranks #233 out of 376 companies for EV-to-EBITDA. This places PlayWay in the lower half of its industry. The industry median EV-to-EBITDA is 7.61. PlayWay's value of 10.13 is 33.1% above this benchmark. Historically, PlayWay's own EV-to-EBITDA has ranged from 5.98 to 60.99 over the past decade. While the company's 10-year median is 14.02 vs. the industry median of 7.61, PlayWay 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 7.61, based on 376 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. PlayWay's current EV-to-EBITDA of 10.13 is 33.1% 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 PlayWay. For the Interactive Media industry, the median EV-to-EBITDA is 7.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PlayWay's current EV-to-EBITDA is 10.13, which is 28% below median its own 10-year median of 14.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlayWay stock overvalued right now?
Based on GuruFocus' analysis, PlayWay (WAR:PLW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł313.20, compared to a current price of zł243.00 — trading 22.4% below its estimated fair value. The current EV-to-EBITDA is 10.13, which is 28% below median its 10-year median of 14.02 and 33.1% above the Interactive Media industry median of 7.61. PlayWay's overall GF Score™ is 88/100 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 PlayWay (WAR:PLW), the current EV-to-EBITDA is 10.13 as of Aug. 03, 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 PlayWay (WAR:PLW) Overvalued in 2026?

Based on GuruFocus' analysis, PlayWay stock appears to be undervalued. The current stock price of zł243.00 is trading 22.4% below its estimated GF Value™ of zł313.20. GuruFocus considers PlayWay to be Modestly Undervalued.

Key valuation signals for WAR:PLW:

  • EV-to-EBITDA: 10.13 (28% below median its 10-year median of 14.02)
  • GF Value™: zł313.20 vs. price of zł243.00 (22.4% below fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 33.1% above the Interactive Media median (#233 of 376)

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


PlayWay Business Description

Other Exchanges 6P5:Germany
Address ul. Minsk, 69, Warsaw, POL, 03-828
PlayWay SA is a producer and publisher of computer and mobile games in Poland. The company provides with various games including Out of Reach: Treasure Royale, Car Manufacture, Schizm 3: Nemezis And Split among others.
88GF Score

Get the complete analysis for WAR:PLW

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

zł243.00
Price
zł313.20
GF Value