Vivid Games (WAR:VVD) Enterprise Value: zł41.82 Mil (As of Jul. 01, 2026) ***


WAR:VVD Vivid Games SA WAR:VVD
39 GF Score
Price zł0.60
GF Value zł0.19
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Vivid Games Enterprise Value?

Vivid Games WAR:VVD -2.30% 39 Enterprise Value is zł41.82 Mil as of Jul. 01, 2026. GuruFocus rates WAR:VVD with a GF Score™ of 39/100 and a GF Value™ of zł0.19 (Significantly Overvalued). The stock has 6 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, Vivid Games's Enterprise Value is zł41.82 Mil. Vivid Games's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł-4.42 Mil. Therefore, Vivid Games's EV-to-EBIT ratio for today is -9.46.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Vivid Games's Enterprise Value is zł41.82 Mil. Vivid Games's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was zł-2.74 Mil. Therefore, Vivid Games's EV-to-EBITDA ratio for today is -15.25.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Vivid Games's Enterprise Value is zł41.82 Mil. Vivid Games's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was zł8.49 Mil. Therefore, Vivid Games's EV-to-Revenue ratio for today is 4.93.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Vivid Games's Enterprise Value is zł41.82 Mil. Vivid Games's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was zł-0.90 Mil. Therefore, Vivid Games's EV-to-OCF ratio for today is -46.51.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Vivid Games's Enterprise Value is zł41.82 Mil. Vivid Games's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was zł-7.09 Mil. Therefore, Vivid Games's EV-to-FCF ratio for today is -5.90.

*** 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.


Vivid Games  (WAR:VVD) 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.

Vivid Games's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=41.815/-4.419
=-9.46

Vivid Games's current Enterprise Value is zł41.82 Mil.
Vivid Games'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 zł-4.42 Mil.

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

Vivid Games's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=41.815/-2.742
=-15.25

Vivid Games's current Enterprise Value is zł41.82 Mil.
Vivid Games'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 zł-2.74 Mil.

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

Vivid Games's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=41.815/8.485
=4.93

Vivid Games's current Enterprise Value is zł41.82 Mil.
Vivid Games'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 zł8.49 Mil.

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

Vivid Games's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=41.815/-0.899
=-46.51

Vivid Games's current Enterprise Value is zł41.82 Mil.
Vivid Games'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 zł-0.90 Mil.

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

Vivid Games's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=41.815/-7.092
=-5.90

Vivid Games's current Enterprise Value is zł41.82 Mil.
Vivid Games'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 zł-7.09 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.


Vivid Games Enterprise Value Related Terms


Vivid Games Enterprise Value Historical Data

* Premium members only.

The historical data trend for Vivid Games'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.

Vivid Games Enterprise Value Chart

Vivid Games Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.71 31.93 27.46 18.28 46.04

Vivid Games Quarterly Data
Mar21 Jun21 Sep21 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 39.23 30.37 59.16 46.04 45.87

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

For the Electronic Gaming & Multimedia subindustry, Vivid Games'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.


Vivid Games Enterprise Value vs Interactive Media Industry

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

* The bar in red indicates where Vivid Games's Enterprise Value falls into.


WAR:VVD
39GF Score
Vivid Games SA WAR:VVD
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vivid Games 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.

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

Vivid Games'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 zł41.82 Mil mean?
Vivid Games (WAR:VVD) has a Enterprise Value of zł41.82 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 Vivid Games and its competitors.
Is Vivid Games' Enterprise Value too high?
Vivid Games' current Enterprise Value is zł41.82 Mil. Overall, Vivid Games has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vivid Games' Enterprise Value compare to NTES and EA?
Vivid Games' Enterprise Value of zł41.82 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 Vivid Games and its competitors. Vivid Games's current Enterprise Value is zł41.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vivid Games stock overvalued right now?
Based on GuruFocus' analysis, Vivid Games (WAR:VVD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.19, compared to a current price of zł0.60 — trading 213.2% above its estimated fair value. The current Enterprise Value is zł41.82 Mil. Vivid Games' overall GF Score™ is 39/100 with 6 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 Vivid Games (WAR:VVD), the current Enterprise Value is zł41.82 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 Vivid Games (WAR:VVD) Overvalued in 2026?

Based on GuruFocus' analysis, Vivid Games stock appears to be overvalued. The current stock price of zł0.60 is trading 213.2% above its estimated GF Value™ of zł0.19. GuruFocus considers Vivid Games to be Significantly Overvalued.

Key valuation signals for WAR:VVD:

  • Enterprise Value: zł41.82 Mil
  • GF Value™: zł0.19 vs. price of zł0.60 (213.2% above fair value)
  • GF Score™: 39/100 with 6 warning signs

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


Vivid Games Business Description

Address Gdansk 160, Bydgoszcz, POL, 85674
Vivid Games SA is a leading mobile games development studio in Poland. The company produces top-notch mobile entertainment. It also designs and develops games for Android, iOS, PSP Minis, Mobile, NDS, MAC, PC and DSi operating systems.
39GF Score

Get the complete analysis for WAR:VVD

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

zł0.60
Price
zł0.19
GF Value