Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ultimate GamesWAR:ULG +2.03%90 Interest Coverage is 108.79 as of Sep. 2025, which is 97% below its 10-year median of 3,359.63. GuruFocus rates WAR:ULG with a GF Score™ of 90/100 and a GF Value™ of zł16.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 313 Interactive Media companies, Ultimate Games ranks worse than 319488.5% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Ultimate Games's
Operating Income
for the
three
months ended in Sep. 2025 was zł3.70 Mil. Ultimate Games's Interest Expense for the
three
months ended in Sep. 2025 was zł-0.03 Mil.
Ultimate Games's interest coverage for the quarter that ended in Sep. 2025 was 108.79.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ultimate Games SA has no debt.
The historical rank and industry rank for Ultimate Games's Interest Coverage or its related term are showing as below:
WAR:ULG's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 38.34 * Ranked among companies with meaningful Interest Coverage only.
Ultimate Games (WAR:ULG) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Ultimate Games Interest Coverage Related Terms
Ultimate Games Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ultimate Games's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
WAR:ULG vs NTES, EA, TTWO: Interest Coverage Comparison
For the Electronic Gaming & Multimedia subindustry, Ultimate Games's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
Ultimate Games Interest Coverage vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Ultimate Games's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ultimate Games's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Ultimate Games (WAR:ULG) has a Interest Coverage of 108.79 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ultimate Games and its competitors. This is 97% below median its historical median of 3,359.63. Over the past decade, Ultimate Games' Interest Coverage has ranged from 232.42 to 10,000.00. According to the industry distribution chart, Ultimate Games ranks #999999 out of 313 companies in the Interactive Media industry.
Is Ultimate Games' Interest Coverage too high?
Ultimate Games' current Interest Coverage of 108.79 is 97% below median its 10-year median of 3,359.63. Over the past 10 years, this metric has ranged from a low of 232.42 to a high of 10,000.00. The Interactive Media industry median Interest Coverage is 38.34. Ultimate Games' value of 108.79 is 183.8% above this industry median. Based on the distribution chart, Ultimate Games ranks #999999 out of 313 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Ultimate Games has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Games' Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ultimate Games ranks #999999 out of 313 companies for Interest Coverage. This places Ultimate Games in the lower half of its industry. The industry median Interest Coverage is 38.34. Ultimate Games' value of 108.79 is 183.8% above this benchmark. Historically, Ultimate Games' own Interest Coverage has ranged from 232.42 to 10,000.00 over the past decade. While the company's 10-year median is 3,359.63 vs. the industry median of 38.34, Ultimate Games 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 Interest Coverage for an Interactive Media company?
The median Interest Coverage among Interactive Media companies is 38.34, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultimate Games's current Interest Coverage of 108.79 is 183.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ultimate Games and its competitors. For the Interactive Media industry, the median Interest Coverage is 38.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultimate Games's current Interest Coverage is 108.79, which is 97% below median its own 10-year median of 3,359.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Games stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Games (WAR:ULG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł16.87, compared to a current price of zł15.10 — trading 10.5% below its estimated fair value. The current Interest Coverage is 108.79, which is 97% below median its 10-year median of 3,359.63 and 183.8% above the Interactive Media industry median of 38.34. Ultimate Games' overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ultimate Games (WAR:ULG), the current Interest Coverage is 108.79 as of Sep. 2025. 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 Ultimate Games (WAR:ULG) Overvalued in 2026?
Based on GuruFocus' analysis, Ultimate Games stock appears to be undervalued.
The current stock price of zł15.10 is trading 10.5% below its estimated GF Value™ of zł16.87.
GuruFocus considers Ultimate Games to be Modestly Undervalued.
Key valuation signals for WAR:ULG:
Interest Coverage: 108.79 (97% below median its 10-year median of 3,359.63)
GF Value™: zł16.87 vs. price of zł15.10 (10.5% below fair value)
Industry Position: 183.8% above the Interactive Media median (#999999 of 313)
No single metric tells the full story. See the WAR:ULG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultimate Games SA is a Polish company that operates in the video games market. It is engaged in the production and distribution of games for desktops, mobile devices, and consoles. It develops games on fishing, hunting, and hobby including Ultimate fishing simulator, Pro 2018 Fishing, Priest, Bouncy BOB, Darkest hunters, Earthworms, and The Worst Day Ever.
90GF Score
Get the complete analysis for WAR:ULG
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:ULG has been successfully added to your 
