Games Workshop GroupGMWKF -1.33%97 EV-to-FCF is 28.30 as of Jul. 07, 2026, which is 10% above its 10-year median of 25.69. GuruFocus rates GMWKF with a GF Score™ of 97/100 and a GF Value™ of $199.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 571 Travel & Leisure companies, Games Workshop Group ranks worse than 70.75% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Games Workshop Group's Enterprise Value is $8,887.2 Mil.
Games Workshop Group's Free Cash Flow for the trailing twelve months (TTM) ended in Nov. 2025 was $314.0 Mil. Therefore, Games Workshop Group's EV-to-FCF for today is 28.30.
The historical rank and industry rank for Games Workshop Group's EV-to-FCF or its related term are showing as below:
GMWKF'
s EV-to-FCF Range Over the Past 10 Years
Min: 10.77 Med: 25.69 Max: 51.71
Current: 28.93
During the past 13 years, the highest EV-to-FCF of Games Workshop Group was 51.71. The lowest was 10.77. And the median was 25.69.
GMWKF's EV-to-FCF is ranked worse than 70.75% of 571
companies
in the Travel & Leisure industry
Industry Median: 15.8
vs GMWKF: 28.93
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.
Games Workshop Group (OTCPK:GMWKF) EV-to-FCF Explanation
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.
Games Workshop Group's PE Ratio (TTM) for today is calculated as:
Games Workshop Group's share price for today is $280.05.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Games Workshop Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2025 was $8.269.
* 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.
Games Workshop Group EV-to-FCF Related Terms
Games Workshop Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Games Workshop Group'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 Leisure subindustry, Games Workshop Group'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.
Games Workshop Group EV-to-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Games Workshop Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Games Workshop Group's EV-to-FCF falls into.
Games Workshop Group's current Enterprise Value is $8,887.2 Mil.
For company reported semi-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 $314.0 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 (GMWKF) has a EV-to-FCF of 28.30 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Games Workshop Group and its competitors. This is 10% above median its historical median of 25.69. Over the past decade, Games Workshop Group's EV-to-FCF has ranged from 10.77 to 51.71. According to the industry distribution chart, Games Workshop Group ranks #404 out of 571 companies in the Travel & Leisure industry, placing it in the top 70.8%.
Is Games Workshop Group's EV-to-FCF too high?
Games Workshop Group's current EV-to-FCF of 28.30 is 10% above median its 10-year median of 25.69. Over the past 10 years, this metric has ranged from a low of 10.77 to a high of 51.71. The Travel & Leisure industry median EV-to-FCF is 15.80. Games Workshop Group's value of 28.30 is 79.1% above this industry median. Based on the distribution chart, Games Workshop Group ranks #404 out of 571 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Games Workshop Group has a GF Score™ of 97/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Games Workshop Group's EV-to-FCF compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Games Workshop Group ranks #404 out of 571 companies for EV-to-FCF. This places Games Workshop Group in the lower half of its industry. The industry median EV-to-FCF is 15.80. Games Workshop Group's value of 28.30 is 79.1% above this benchmark. Historically, Games Workshop Group's own EV-to-FCF has ranged from 10.77 to 51.71 over the past decade. While the company's 10-year median is 25.69 vs. the industry median of 15.80, Games Workshop Group 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-FCF for a Travel & Leisure company?
The median EV-to-FCF among Travel & Leisure companies is 15.80, based on 571 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. Games Workshop Group's current EV-to-FCF of 28.30 is 79.1% 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-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 Games Workshop Group and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Games Workshop Group's current EV-to-FCF is 28.30, which is 10% above median its own 10-year median of 25.69. 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 (GMWKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $199.08, compared to a current price of $280.05 — trading 40.7% above its estimated fair value. The current EV-to-FCF is 28.30, which is 10% above median its 10-year median of 25.69 and 79.1% above the Travel & Leisure industry median of 15.80. Games Workshop Group's overall GF Score™ is 97/100 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 Games Workshop Group (GMWKF), the current EV-to-FCF is 28.30 as of Jul. 07, 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 (GMWKF) Overvalued in 2026?
Based on GuruFocus' analysis, Games Workshop Group stock appears to be overvalued.
The current stock price of $280.05 is trading 40.7% above its estimated GF Value™ of $199.08.
GuruFocus considers Games Workshop Group to be Significantly Overvalued.
Key valuation signals for GMWKF:
EV-to-FCF: 28.30 (10% above median its 10-year median of 25.69)
GF Value™: $199.08 vs. price of $280.05 (40.7% above fair value)
Industry Position: 79.1% above the Travel & Leisure median (#404 of 571)
No single metric tells the full story. See the GMWKF 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.
97GF Score
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