Forever Entertainment (WAR:FOR) Enterprise Value: zł70.41 Mil (As of Jun. 26, 2026) ***


WAR:FOR Forever Entertainment SA WAR:FOR
74 GF Score
Price zł2.51
GF Value zł3.19
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Forever Entertainment Enterprise Value?

Forever Entertainment WAR:FOR 74 Enterprise Value is zł70.41 Mil as of Jun. 26, 2026. GuruFocus rates WAR:FOR with a GF Score™ of 74/100 and a GF Value™ of zł3.19 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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, Forever Entertainment's Enterprise Value is zł70.41 Mil. Forever Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł8.86 Mil. Therefore, Forever Entertainment's EV-to-EBIT ratio for today is 7.95.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Forever Entertainment's Enterprise Value is zł70.41 Mil. Forever Entertainment's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł10.74 Mil. Therefore, Forever Entertainment's EV-to-EBITDA ratio for today is 6.55.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Forever Entertainment's Enterprise Value is zł70.41 Mil. Forever Entertainment's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was zł28.05 Mil. Therefore, Forever Entertainment's EV-to-Revenue ratio for today is 2.51.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Forever Entertainment's Enterprise Value is zł70.41 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 ratio for today is 8.08.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Forever Entertainment's Enterprise Value is zł70.41 Mil. Forever Entertainment's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was zł7.94 Mil. Therefore, Forever Entertainment's EV-to-FCF ratio for today is 8.87.

*** 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.


Forever Entertainment  (WAR:FOR) 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.

Forever Entertainment's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=70.408/8.861
=7.95

Forever Entertainment's current Enterprise Value is zł70.41 Mil.
Forever Entertainment's EBIT 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 zł8.86 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Forever Entertainment's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=70.408/10.744
=6.55

Forever Entertainment's current Enterprise Value is zł70.41 Mil.
Forever Entertainment'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 zł10.74 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Forever Entertainment's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=70.408/28.054
=2.51

Forever Entertainment's current Enterprise Value is zł70.41 Mil.
Forever Entertainment's Revenue 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 zł28.05 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Forever Entertainment's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=70.408/8.714
=8.08

Forever Entertainment's current Enterprise Value is zł70.41 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.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Forever Entertainment's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=70.408/7.939
=8.87

Forever Entertainment's current Enterprise Value is zł70.41 Mil.
Forever Entertainment's Free Cash Flow 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 zł7.94 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 Enterprise Value Related Terms


Forever Entertainment Enterprise Value Historical Data

* Premium members only.

The historical data trend for Forever Entertainment'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.

Forever Entertainment Enterprise Value Chart

Forever Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.91 134.06 98.26 102.16 72.45

Forever Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 110.76 94.23 74.10 72.45 71.08

WAR:FOR vs NTES, EA, TTWO: Enterprise Value Comparison

For the Electronic Gaming & Multimedia subindustry, Forever Entertainment'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.


Forever Entertainment Enterprise Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Forever Entertainment's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Forever Entertainment's Enterprise Value falls into.


WAR:FOR
74GF Score
Forever Entertainment SA WAR:FOR
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Forever Entertainment Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Forever Entertainment's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Forever Entertainment's Enterprise Value for the quarter that ended in Mar. 2026 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of zł70.41 Mil mean?
Forever Entertainment (WAR:FOR) has a Enterprise Value of zł70.41 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Forever Entertainment and its competitors.
Is Forever Entertainment's Enterprise Value too high?
Forever Entertainment's current Enterprise Value is zł70.41 Mil. Overall, Forever Entertainment has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's Enterprise Value compare to NTES and EA?
Forever Entertainment's Enterprise Value of zł70.41 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Enterprise Value depends on the Interactive Media 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 Forever Entertainment and its competitors. Forever Entertainment's current Enterprise Value is zł70.41 Mil. 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 zł3.19, compared to a current price of zł2.51 — trading 21.3% below its estimated fair value. The current Enterprise Value is zł70.41 Mil. Forever Entertainment's overall GF Score™ is 74/100 with 3 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 Forever Entertainment (WAR:FOR), the current Enterprise Value is zł70.41 Mil as of Jun. 26, 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 zł2.51 is trading 21.3% below its estimated GF Value™ of zł3.19. GuruFocus considers Forever Entertainment to be Modestly Undervalued.

Key valuation signals for WAR:FOR:

  • Enterprise Value: zł70.41 Mil
  • GF Value™: zł3.19 vs. price of zł2.51 (21.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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 Business Description

Address Al. Zwyciestwa 96/98, Gdynia, POL, 81-451
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.
74GF Score

Get the complete analysis for WAR:FOR

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

zł2.51
Price
zł3.19
GF Value