Nitro Games (OSTO:NITRO) EV-to-FCF: 2.31 (As of Aug. 27, 2026)

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OSTO:NITRO Nitro Games PLC OSTO:NITRO
61 GF Score
Price kr2.08
GF Value kr1.32
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nitro Games EV-to-FCF?

Nitro Games OSTO:NITRO +4.26% 61 EV-to-FCF is 2.31 as of Aug. 27, 2026. GuruFocus rates OSTO:NITRO with a GF Score™ of 61/100 and a GF Value™ of kr1.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 334 Interactive Media companies, Nitro Games ranks better than 83.83% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nitro Games's Enterprise Value is kr49.21 Mil. Nitro Games's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was kr21.31 Mil. Therefore, Nitro Games's EV-to-FCF for today is 2.31.

The historical rank and industry rank for Nitro Games's EV-to-FCF or its related term are showing as below:

OSTO:NITRO' s EV-to-FCF Range Over the Past 10 Years
Min: -37.7   Med: -3.45   Max: 32.13
Current: 2.21

During the past 11 years, the highest EV-to-FCF of Nitro Games was 32.13. The lowest was -37.70. And the median was -3.45.

OSTO:NITRO's EV-to-FCF is ranked better than
83.83% of 334 companies
in the Interactive Media industry
Industry Median: 10.78 vs OSTO:NITRO: 2.21

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.

As of today (2026-08-27), Nitro Games's stock price is kr2.08. Nitro Games's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr-0.111. Therefore, Nitro Games's PE Ratio (TTM) for today is At Loss.


Nitro Games  (OSTO:NITRO) 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.

Nitro Games's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.08/-0.111
=At Loss

Nitro Games's share price for today is kr2.08.
Nitro Games's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.111.

* 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.


Nitro Games EV-to-FCF Related Terms


Nitro Games EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Nitro Games'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.

Nitro Games EV-to-FCF Chart

Nitro Games Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.33 -4.31 -2.30 -8.78 16.04

Nitro Games Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF 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 -8.59 -34.90 16.04 3.49 2.54

OSTO:NITRO vs NTES, EA, TTWO: EV-to-FCF Comparison

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


Nitro Games EV-to-FCF vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nitro Games's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Nitro Games's EV-to-FCF falls into.


OSTO:NITRO
61GF Score
Nitro Games PLC OSTO:NITRO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitro Games EV-to-FCF Calculation

Nitro Games's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=49.207/21.311
=2.31

Nitro Games's current Enterprise Value is kr49.21 Mil.
Nitro Games's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr21.31 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 2.31 mean?
Nitro Games (OSTO:NITRO) has a EV-to-FCF of 2.31 as of Aug. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nitro Games and its competitors. According to the industry distribution chart, Nitro Games ranks #54 out of 334 companies in the Interactive Media industry, placing it in the top 16.2%.
Is Nitro Games' EV-to-FCF too high?
Nitro Games' current EV-to-FCF is 2.31. The Interactive Media industry median EV-to-FCF is 10.78. Nitro Games' value of 2.31 is 78.6% below this industry median. Based on the distribution chart, Nitro Games ranks #54 out of 334 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Nitro Games has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' EV-to-FCF compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #54 out of 334 companies for EV-to-FCF. This places Nitro Games in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 10.78. Nitro Games' value of 2.31 is 78.6% below this benchmark. 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 10.78, based on 334 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. Nitro Games's current EV-to-FCF of 2.31 is 78.6% 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 Nitro Games and its competitors. For the Interactive Media industry, the median EV-to-FCF is 10.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current EV-to-FCF is 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.32, compared to a current price of kr2.08 — trading 57.6% above its estimated fair value. The current EV-to-FCF is 2.31 and 78.6% below the Interactive Media industry median of 10.78. Nitro Games' overall GF Score™ is 61/100 with 4 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 Nitro Games (OSTO:NITRO), the current EV-to-FCF is 2.31 as of Aug. 27, 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?

Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued. The current stock price of kr2.08 is trading 57.6% above its estimated GF Value™ of kr1.32. GuruFocus considers Nitro Games to be Significantly Overvalued.

Key valuation signals for OSTO:NITRO:

  • EV-to-FCF: 2.31
  • GF Value™: kr1.32 vs. price of kr2.08 (57.6% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 78.6% below the Interactive Media median (#54 of 334)

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


Nitro Games Business Description

Address Juha Vainion katu 2, Kotka, FIN, 48100
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
61GF Score

Get the complete analysis for OSTO:NITRO

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

kr2.08
Price
kr1.32
GF Value