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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.
Forever EntertainmentWAR:FOR 76 EV-to-OCF is 7.95 as of Jul. 25, 2026, which is 72% below its 10-year median of 28.19. GuruFocus rates WAR:FOR with a GF Score™ of 76/100 and a GF Value™ of zł3.15 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 566 Interactive Media companies, Forever Entertainment ranks worse than 65.19% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Forever Entertainment's Enterprise Value is zł69.30 Mil.
Forever Entertainment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was zł8.71 Mil. Therefore, Forever Entertainment's EV-to-OCF for today is 7.95.
The historical rank and industry rank for Forever Entertainment's EV-to-OCF or its related term are showing as below:
WAR:FOR'
s EV-to-OCF Range Over the Past 10 Years
Min: -493.08 Med: 28.19 Max: 1013.17
Current: 8.05
During the past 13 years, the highest EV-to-OCF of Forever Entertainment was 1013.17. The lowest was -493.08. And the median was 28.19.
WAR:FOR's EV-to-OCF is ranked worse than 65.19% of 566
companies
in the Interactive Media industry
Industry Median: 3.555
vs WAR:FOR: 8.05
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Forever Entertainment (WAR:FOR) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Forever Entertainment's PE Ratio (TTM) for today is calculated as:
Forever Entertainment's share price for today is zł2.47.
Forever Entertainment'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 zł0.265.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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.
For the Electronic Gaming & Multimedia subindustry, Forever Entertainment's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Forever Entertainment EV-to-OCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Forever Entertainment's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Forever Entertainment's EV-to-OCF falls into.
Forever Entertainment's current Enterprise Value is zł69.30 Mil.
Forever Entertainment's Cash Flow from Operations 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 zł8.71 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.
Forever Entertainment (WAR:FOR) has a EV-to-OCF of 7.95 as of Jul. 25, 2026. This is 72% below median its historical median of 28.19. According to the industry distribution chart, Forever Entertainment ranks #369 out of 566 companies in the Interactive Media industry, placing it in the top 65.2%.
Is Forever Entertainment's EV-to-OCF too high?
Forever Entertainment's current EV-to-OCF of 7.95 is 72% below median its 10-year median of 28.19. The Interactive Media industry median EV-to-OCF is 3.56. Forever Entertainment's value of 7.95 is 123.6% above this industry median. Based on the distribution chart, Forever Entertainment ranks #369 out of 566 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Forever Entertainment has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's EV-to-OCF compare to NTES and EA?
According to the Interactive Media industry distribution chart, Forever Entertainment ranks #369 out of 566 companies for EV-to-OCF. This places Forever Entertainment in the lower half of its industry. The industry median EV-to-OCF is 3.56. Forever Entertainment's value of 7.95 is 123.6% above this benchmark. While the company's 10-year median is 28.19 vs. the industry median of 3.56, Forever Entertainment 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-OCF for an Interactive Media company?
The median EV-to-OCF among Interactive Media companies is 3.56, based on 566 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forever Entertainment's current EV-to-OCF of 7.95 is 123.6% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median EV-to-OCF is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forever Entertainment's current EV-to-OCF is 7.95, which is 72% below median its own 10-year median of 28.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forever Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Forever Entertainment (WAR:FOR) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.15, compared to a current price of zł2.47 — trading 21.6% below its estimated fair value. The current EV-to-OCF is 7.95, which is 72% below median its 10-year median of 28.19 and 123.6% above the Interactive Media industry median of 3.56. Forever Entertainment's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Forever Entertainment (WAR:FOR), the current EV-to-OCF is 7.95 as of Jul. 25, 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 Forever Entertainment (WAR:FOR) Overvalued in 2026?
Based on GuruFocus' analysis, Forever Entertainment stock appears to be undervalued.
The current stock price of zł2.47 is trading 21.6% below its estimated GF Value™ of zł3.15.
GuruFocus considers Forever Entertainment to be Modestly Undervalued.
Key valuation signals for WAR:FOR:
EV-to-OCF: 7.95 (72% below median its 10-year median of 28.19)
GF Value™: zł3.15 vs. price of zł2.47 (21.6% below fair value)
Industry Position: 123.6% above the Interactive Media median (#369 of 566)
No single metric tells the full story. See the WAR:FOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forever Entertainment SA is an entertainment company that designs and manufactures computer game for different platforms. The company's games, such as Startioe, Not Dying Today, The Final Take, Zombillie, Teddy Floppy Ear, among others.
76GF Score
Get the complete analysis for WAR:FOR
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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