Incuvo (WAR:IVO) EV-to-FCF: 2.64 (As of Jul. 12, 2026)


WAR:IVO Incuvo SA WAR:IVO
59 GF Score
Price zł0.62
GF Value zł0.61
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Incuvo EV-to-FCF?

Incuvo WAR:IVO 59 EV-to-FCF is 2.64 as of Jul. 12, 2026. GuruFocus rates WAR:IVO with a GF Score™ of 59/100 and a GF Value™ of zł0.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 338 Interactive Media companies, Incuvo ranks better than 81.66% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Incuvo's Enterprise Value is zł3.21 Mil. Incuvo's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was zł1.22 Mil. Therefore, Incuvo's EV-to-FCF for today is 2.64.

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

WAR:IVO' s EV-to-FCF Range Over the Past 10 Years
Min: -394.18   Med: -1.51   Max: 33.09
Current: 2.64

During the past 7 years, the highest EV-to-FCF of Incuvo was 33.09. The lowest was -394.18. And the median was -1.51.

WAR:IVO's EV-to-FCF is ranked better than
81.66% of 338 companies
in the Interactive Media industry
Industry Median: 10.325 vs WAR:IVO: 2.64

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 (2026-07-12), Incuvo's stock price is zł0.622. Incuvo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł-0.181. Therefore, Incuvo's PE Ratio (TTM) for today is At Loss.


Incuvo  (WAR:IVO) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.622/-0.181
=At Loss

Incuvo's share price for today is zł0.622.
Incuvo's Earnings per Share (Diluted) 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-0.181.

* 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.


Incuvo EV-to-FCF Related Terms


Incuvo EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Incuvo'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.

Incuvo EV-to-FCF Chart

Incuvo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial 0.00 -58.61 10.01 -2.04 2.67

Incuvo Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -4.48 -2.69 -3.70 2.67 2.52

WAR:IVO vs NTES, EA, TTWO: EV-to-FCF Comparison

For the Electronic Gaming & Multimedia subindustry, Incuvo'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.


Incuvo EV-to-FCF vs Interactive Media Industry

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

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


WAR:IVO
59GF Score
Incuvo SA WAR:IVO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Incuvo EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3.208/1.217
=2.64

Incuvo's current Enterprise Value is zł3.21 Mil.
Incuvo'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 zł1.22 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 2.64 mean?
Incuvo (WAR:IVO) has a EV-to-FCF of 2.64 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Incuvo and its competitors. According to the industry distribution chart, Incuvo ranks #62 out of 338 companies in the Interactive Media industry, placing it in the top 18.3%.
Is Incuvo's EV-to-FCF too high?
Incuvo's current EV-to-FCF is 2.64. The Interactive Media industry median EV-to-FCF is 10.33. Incuvo's value of 2.64 is 74.4% below this industry median. Based on the distribution chart, Incuvo ranks #62 out of 338 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Incuvo has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Incuvo's EV-to-FCF compare to NTES and EA?
According to the Interactive Media industry distribution chart, Incuvo ranks #62 out of 338 companies for EV-to-FCF. This places Incuvo in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 10.33. Incuvo's value of 2.64 is 74.4% 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 10.33, 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. Incuvo's current EV-to-FCF of 2.64 is 74.4% 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 Incuvo 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. Incuvo's current EV-to-FCF is 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incuvo stock overvalued right now?
Based on GuruFocus' analysis, Incuvo (WAR:IVO) is currently considered Fairly Valued. The stock's GF Value™ is zł0.61, compared to a current price of zł0.62 — trading 2% above its estimated fair value. The current EV-to-FCF is 2.64 and 74.4% below the Interactive Media industry median of 10.33. Incuvo's overall GF Score™ is 59/100 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 Incuvo (WAR:IVO), the current EV-to-FCF is 2.64 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.

Is Incuvo (WAR:IVO) Overvalued in 2026?

Based on GuruFocus' analysis, Incuvo stock appears to be overvalued. The current stock price of zł0.62 is trading 2% above its estimated GF Value™ of zł0.61. GuruFocus considers Incuvo to be Fairly Valued.

Key valuation signals for WAR:IVO:

  • EV-to-FCF: 2.64
  • GF Value™: zł0.61 vs. price of zł0.62 (2% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 74.4% below the Interactive Media median (#62 of 338)

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


Incuvo Business Description

Address Ligocka 103, Katowice, POL, 40-568
Incuvo SA is engaged in the game development business. It ports and produces VR games on a work for hire basis. Some of the games offered by the company include Blair Witch, Layers of Fear, Super Hero Fight Club, Createrria 2, and Crowdy Farm Puzzle.
59GF Score

Get the complete analysis for WAR:IVO

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

zł0.62
Price
zł0.61
GF Value