Winking StudiosFRA:G4D 46 EV-to-FCF is 10.19 as of Jul. 12, 2026, which is 27% below its 10-year median of 13.99. GuruFocus rates FRA:G4D with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 338 Interactive Media companies, Winking Studios ranks better than 50.59% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Winking Studios's Enterprise Value is €39.89 Mil.
Winking Studios's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €3.92 Mil. Therefore, Winking Studios's EV-to-FCF for today is 10.19.
The historical rank and industry rank for Winking Studios's EV-to-FCF or its related term are showing as below:
FRA:G4D'
s EV-to-FCF Range Over the Past 10 Years
Min: 8.44 Med: 13.99 Max: 506.88
Current: 9.95
During the past 6 years, the highest EV-to-FCF of Winking Studios was 506.88. The lowest was 8.44. And the median was 13.99.
FRA:G4D's EV-to-FCF is ranked better than 50.59% of 338
companies
in the Interactive Media industry
Industry Median: 10.325
vs FRA:G4D: 9.95
EV-to-FCF 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.
EV-to-FCF 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.
Winking Studios's PE Ratio (TTM) for today is calculated as:
Winking Studios's share price for today is €0.121.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Winking Studios's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.001.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Winking Studios EV-to-FCF Related Terms
Winking Studios EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Winking Studios's EV-to-FCF 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.
For the Electronic Gaming & Multimedia subindustry, Winking Studios's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Winking Studios EV-to-FCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Winking Studios's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Winking Studios's EV-to-FCF falls into.
Winking Studios's current Enterprise Value is €39.89 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Winking Studios's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €3.92 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.
Winking Studios (FRA:G4D) has a EV-to-FCF of 10.19 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Winking Studios and its competitors. This is 27% below median its historical median of 13.99. Over the past decade, Winking Studios' EV-to-FCF has ranged from 8.44 to 506.88. According to the industry distribution chart, Winking Studios ranks #167 out of 338 companies in the Interactive Media industry, placing it in the top 49.4%.
Is Winking Studios' EV-to-FCF too high?
Winking Studios' current EV-to-FCF of 10.19 is 27% below median its 10-year median of 13.99. Over the past 10 years, this metric has ranged from a low of 8.44 to a high of 506.88. The Interactive Media industry median EV-to-FCF is 10.33. Winking Studios' value of 10.19 is 1.3% below this industry median. Based on the distribution chart, Winking Studios ranks #167 out of 338 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Winking Studios has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Winking Studios' EV-to-FCF compare to NTES and EA?
According to the Interactive Media industry distribution chart, Winking Studios ranks #167 out of 338 companies for EV-to-FCF. This puts Winking Studios in the upper half of its industry. The industry median EV-to-FCF is 10.33. Winking Studios' value of 10.19 is 1.3% below this benchmark. Historically, Winking Studios' own EV-to-FCF has ranged from 8.44 to 506.88 over the past decade. While the company's 10-year median is 13.99 vs. the industry median of 10.33, Winking Studios has consistently been below 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-FCF for an Interactive Media company?
The median EV-to-FCF among Interactive Media companies is 10.33, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Winking Studios's current EV-to-FCF of 10.19 is 1.3% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Winking Studios and its competitors. For the Interactive Media industry, the median EV-to-FCF is 10.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winking Studios's current EV-to-FCF is 10.19, which is 27% below median its own 10-year median of 13.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winking Studios stock overvalued right now?
Winking Studios (FRA:G4D) has a current EV-to-FCF of 10.19. The current EV-to-FCF is 10.19, which is 27% below median its 10-year median of 13.99 and 1.3% below the Interactive Media industry median of 10.33. Winking Studios' overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Winking Studios (FRA:G4D), the current EV-to-FCF is 10.19 as of Jul. 12, 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.
Winking Studios Ltd is an art outsourcing and game development studio providing complete end-to-end art outsourcing and game development services across various platforms. The three primary business segments of the company are the Original Equipment Manufacturer (Art Outsourcing Segment), Original Design Manufacturer (Game Development Segment), and Global Publishing and Others. The company derives maximum revenue from the Art Outsourcing Segment, which creates and develops digital art assets as part of its provision of art outsourcing services. The Group can provide a wide gamut of design services that include 2D concept art, 3D modeling, 2D animation, 3D animation, and visual effects. This art includes environment design and game character design.
46GF Score
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