Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Games Workshop Group's Enterprise Value is £7,016.3 Mil.
Games Workshop Group's EBIT for the trailing twelve months (TTM) ended in Nov. 2025 was £278.3 Mil. Therefore, Games Workshop Group's EV-to-EBIT ratio for today is 25.21.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Games Workshop Group's Enterprise Value is £7,016.3 Mil.
Games Workshop Group's EBITDA for the trailing twelve months (TTM) ended in Nov. 2025 was £323.4 Mil. Therefore, Games Workshop Group's EV-to-EBITDA ratio for today is 21.70.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Games Workshop Group (LSE:GAW) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Games Workshop Group's current Enterprise Value is £7,016.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Games Workshop Group's EBIT for the trailing twelve months (TTM) ended in Nov. 2025 was £278.3 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Games Workshop Group's current Enterprise Value is £7,016.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Games Workshop Group's EBITDA for the trailing twelve months (TTM) ended in Nov. 2025 was £323.4 Mil.
Games Workshop Group's current Enterprise Value is £7,016.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Games Workshop Group's Revenue for the trailing twelve months (TTM) ended in Nov. 2025 was £650.1 Mil.
Games Workshop Group's current Enterprise Value is £7,016.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Games Workshop Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Nov. 2025 was £280.5 Mil.
Games Workshop Group's current Enterprise Value is £7,016.3 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Games Workshop Group's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2025 was £237.0 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 Workshop Group Enterprise Value Related Terms
Games Workshop Group Enterprise Value Historical Data
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The historical data trend for Games Workshop Group's Enterprise Value 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.
LSE:GAW vs AS, HAS, LTH: Enterprise Value Comparison
For the Leisure subindustry, Games Workshop Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Workshop Group Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Games Workshop Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Games Workshop Group's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Games Workshop Group's Enterprise Value for the fiscal year that ended in May. 2025 is calculated as
* 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.
What does a Enterprise Value of £7,016.3 Mil mean?
Games Workshop Group (LSE:GAW) has a Enterprise Value of £7,016.3 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Games Workshop Group and its competitors.
Is Games Workshop Group's Enterprise Value too high?
Games Workshop Group's current Enterprise Value is £7,016.3 Mil. Overall, Games Workshop Group has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Games Workshop Group's Enterprise Value compare to AS and HAS?
Games Workshop Group's Enterprise Value of £7,016.3 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Games Workshop Group and its competitors. Games Workshop Group's current Enterprise Value is £7,016.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Workshop Group stock overvalued right now?
Based on GuruFocus' analysis, Games Workshop Group (LSE:GAW) is currently considered Significantly Overvalued. The stock's GF Value™ is £147.35, compared to a current price of £216.00 — trading 46.6% above its estimated fair value. The current Enterprise Value is £7,016.3 Mil. Games Workshop Group's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Games Workshop Group (LSE:GAW), the current Enterprise Value is £7,016.3 Mil as of Jul. 01, 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 Workshop Group (LSE:GAW) Overvalued in 2026?
Based on GuruFocus' analysis, Games Workshop Group stock appears to be overvalued.
The current stock price of £216.00 is trading 46.6% above its estimated GF Value™ of £147.35.
GuruFocus considers Games Workshop Group to be Significantly Overvalued.
Key valuation signals for LSE:GAW:
Enterprise Value: £7,016.3 Mil
GF Value™: £147.35 vs. price of £216.00 (46.6% above fair value)
No single metric tells the full story. See the LSE:GAW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Games Workshop Group PLC designs, manufactures and sells fantasy miniatures and games related products. It carries the manufacturing activity in the UK and sells the same in the different region of the countries such as Continental Europe, North America, and Asia Pacific. It operates through two segments Core and Licensing . The core segment includes all revenue and expenditure relating to the design, manufacture and sales of their fantasy miniatures and related products. The licensing segment includes all revenue and expenditure relating to licences granted to external partners. The company generates majority of its revenue from the core segment.
95GF Score
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