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Baked Games (WAR:BKD) ROE % : 3.70% (As of Mar. 2024)


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What is Baked Games ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Baked Games's annualized net income for the quarter that ended in Mar. 2024 was zł0.13 Mil. Baked Games's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was zł3.46 Mil. Therefore, Baked Games's annualized ROE % for the quarter that ended in Mar. 2024 was 3.70%.

The historical rank and industry rank for Baked Games's ROE % or its related term are showing as below:

WAR:BKD' s ROE % Range Over the Past 10 Years
Min: -25.8   Med: -0.86   Max: 33.51
Current: 11.25

During the past 5 years, Baked Games's highest ROE % was 33.51%. The lowest was -25.80%. And the median was -0.86%.

WAR:BKD's ROE % is ranked better than
74.27% of 548 companies
in the Interactive Media industry
Industry Median: -0.31 vs WAR:BKD: 11.25

Baked Games ROE % Historical Data

The historical data trend for Baked Games's ROE % 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.

* Premium members only.

Baked Games ROE % Chart

Baked Games Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
-0.86 -13.89 -25.80 33.51 22.78

Baked Games Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % 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 48.51 51.27 -4.69 -3.70 3.70

Competitive Comparison of Baked Games's ROE %

For the Electronic Gaming & Multimedia subindustry, Baked Games's ROE %, along with its competitors' market caps and ROE % 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.


Baked Games's ROE % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baked Games's ROE % distribution charts can be found below:

* The bar in red indicates where Baked Games's ROE % falls into.



Baked Games ROE % Calculation

Baked Games's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=0.705/( (2.742+3.447)/ 2 )
=0.705/3.0945
=22.78 %

Baked Games's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=0.128/( (3.447+3.479)/ 2 )
=0.128/3.463
=3.70 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


Baked Games  (WAR:BKD) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=0.128/3.463
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.128 / 1.78)*(1.78 / 3.614)*(3.614 / 3.463)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.19 %*0.4925*1.0436
=ROA %*Equity Multiplier
=3.54 %*1.0436
=3.70 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=0.128/3.463
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.128 / 0.188) * (0.188 / 0.088) * (0.088 / 1.78) * (1.78 / 3.614) * (3.614 / 3.463)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6809 * 2.1364 * 4.94 % * 0.4925 * 1.0436
=3.70 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Baked Games ROE % Related Terms

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Baked Games (WAR:BKD) Business Description

Traded in Other Exchanges
Address
Ul. Henryka Sienkiewicza 16, Czeladz, POL, 41-250
Baked Games SA is a gaming studio. It acts as a producer (developer) of games published by third parties (publishers), with the proviso that the company has released its own games for mobile platforms (App Store and Google Play). In this model, after creating the game, the developer hands it over to the publisher, who commercializes it and incurs the related expenses. Some of its games are Prison Simulator, Alaska Gold Fever, and Security Guard among others.

Baked Games (WAR:BKD) Headlines