Ten Square GamesWAR:TEN -3.50%82 EV-to-FCF is 5.33 as of Jul. 08, 2026, which is 24% below its 10-year median of 6.98. GuruFocus rates WAR:TEN with a GF Score™ of 82/100 and a GF Value™ of zł85.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 339 Interactive Media companies, Ten Square Games ranks better than 67.26% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ten Square Games's Enterprise Value is zł446.1 Mil.
Ten Square Games's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was zł83.8 Mil. Therefore, Ten Square Games's EV-to-FCF for today is 5.33.
The historical rank and industry rank for Ten Square Games's EV-to-FCF or its related term are showing as below:
WAR:TEN'
s EV-to-FCF Range Over the Past 10 Years
Min: 1.53 Med: 6.98 Max: 267.13
Current: 5.37
During the past 9 years, the highest EV-to-FCF of Ten Square Games was 267.13. The lowest was 1.53. And the median was 6.98.
WAR:TEN's EV-to-FCF is ranked better than 67.26% of 339
companies
in the Interactive Media industry
Industry Median: 10.33
vs WAR:TEN: 5.37
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.
Ten Square Games's PE Ratio (TTM) for today is calculated as:
Ten Square Games's share price for today is zł91.00.
Ten Square Games'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 zł6.707.
* 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.
Ten Square Games EV-to-FCF Related Terms
Ten Square Games EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Ten Square 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.
For the Electronic Gaming & Multimedia subindustry, Ten Square 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.
Ten Square Games EV-to-FCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Ten Square Games's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ten Square Games's EV-to-FCF falls into.
Ten Square Games's current Enterprise Value is zł446.1 Mil.
Ten Square 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 zł83.8 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.
Ten Square Games (WAR:TEN) has a EV-to-FCF of 5.33 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ten Square Games and its competitors. This is 24% below median its historical median of 6.98. Over the past decade, Ten Square Games' EV-to-FCF has ranged from 1.53 to 267.13. According to the industry distribution chart, Ten Square Games ranks #111 out of 339 companies in the Interactive Media industry, placing it in the top 32.7%.
Is Ten Square Games' EV-to-FCF too high?
Ten Square Games' current EV-to-FCF of 5.33 is 24% below median its 10-year median of 6.98. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 267.13. The Interactive Media industry median EV-to-FCF is 10.33. Ten Square Games' value of 5.33 is 48.4% below this industry median. Based on the distribution chart, Ten Square Games ranks #111 out of 339 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Ten Square Games has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ten Square Games' EV-to-FCF compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ten Square Games ranks #111 out of 339 companies for EV-to-FCF. This puts Ten Square Games in the upper half of its industry. The industry median EV-to-FCF is 10.33. Ten Square Games' value of 5.33 is 48.4% below this benchmark. Historically, Ten Square Games' own EV-to-FCF has ranged from 1.53 to 267.13 over the past decade. While the company's 10-year median is 6.98 vs. the industry median of 10.33, Ten Square Games 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 339 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. Ten Square Games's current EV-to-FCF of 5.33 is 48.4% 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 Ten Square Games 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. Ten Square Games's current EV-to-FCF is 5.33, which is 24% below median its own 10-year median of 6.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Square Games stock overvalued right now?
Based on GuruFocus' analysis, Ten Square Games (WAR:TEN) is currently considered Fairly Valued. The stock's GF Value™ is zł85.59, compared to a current price of zł91.00 — trading 6.3% above its estimated fair value. The current EV-to-FCF is 5.33, which is 24% below median its 10-year median of 6.98 and 48.4% below the Interactive Media industry median of 10.33. Ten Square Games' overall GF Score™ is 82/100 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 Ten Square Games (WAR:TEN), the current EV-to-FCF is 5.33 as of Jul. 08, 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 Ten Square Games (WAR:TEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ten Square Games stock appears to be overvalued.
The current stock price of zł91.00 is trading 6.3% above its estimated GF Value™ of zł85.59.
GuruFocus considers Ten Square Games to be Fairly Valued.
Key valuation signals for WAR:TEN:
EV-to-FCF: 5.33 (24% below median its 10-year median of 6.98)
GF Value™: zł85.59 vs. price of zł91.00 (6.3% above fair value)
Industry Position: 48.4% below the Interactive Media median (#111 of 339)
No single metric tells the full story. See the WAR:TEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ten Square Games SA is a developer of free-to-play mobile games with a focus on hobby genres, including fishing, hunting, and aviation. The company's portfolio includes popular titles such as Fishing Clash, Hunting Clash, Real Flight Simulator, Trophy Hunter, Let's Fish, and Wings of Heroes. The company's source of revenue includes micro-payments, subscriptions, advertisement, and licenses. The company generates the majority of its revenue from the micro-payments.
82GF Score
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