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.
AtariPONGF +0.65%42 Debt-to-Equity is 12.17 as of Sep. 2025, which is 5432% above its 10-year median of 0.22. GuruFocus rates PONGF with a GF Score™ of 42/100 and a GF Value™ of $58.24 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 411 Interactive Media companies, Atari ranks worse than 98.54% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Atari's Debt-to-Equity or its related term are showing as below:
PONGF'
s Debt-to-Equity Range Over the Past 10 Years
Min: -28.27 Med: 0.22 Max: 157
Current: 12.17
During the past 13 years, the highest Debt-to-Equity Ratio of Atari was 157.00. The lowest was -28.27. And the median was 0.22.
PONGF's Debt-to-Equity is ranked worse than 98.54% of 411
companies
in the Interactive Media industry
Industry Median: 0.13
vs PONGF: 12.17
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Atari Debt-to-Equity Related Terms
Atari Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Atari's Debt-to-Equity 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.
PONGF vs NTES, EA, TTWO: Debt-to-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Atari's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Atari Debt-to-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Atari's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Atari's Debt-to-Equity falls into.
* 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.
Atari (PONGF) has a Debt-to-Equity of 12.17 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Atari and its competitors. This is 5432% above median its historical median of 0.22. According to the industry distribution chart, Atari ranks #405 out of 411 companies in the Interactive Media industry, placing it in the top 98.5%.
Is Atari's Debt-to-Equity too high?
Atari's current Debt-to-Equity of 12.17 is 5432% above median its 10-year median of 0.22. The Interactive Media industry median Debt-to-Equity is 0.13. Atari's value of 12.17 is 9261.5% above this industry median. Based on the distribution chart, Atari ranks #405 out of 411 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Atari has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Atari's Debt-to-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Atari ranks #405 out of 411 companies for Debt-to-Equity. This places Atari in the lower half of its industry. The industry median Debt-to-Equity is 0.13. Atari's value of 12.17 is 9261.5% above this benchmark. While the company's 10-year median is 0.22 vs. the industry median of 0.13, Atari 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 Debt-to-Equity for an Interactive Media company?
The median Debt-to-Equity among Interactive Media companies is 0.13, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atari's current Debt-to-Equity of 12.17 is 9261.5% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Atari and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atari's current Debt-to-Equity is 12.17, which is 5432% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atari stock overvalued right now?
Based on GuruFocus' analysis, Atari (PONGF) is currently considered Possible Value Trap. The stock's GF Value™ is $58.24, compared to a current price of $23.15 — trading 60.3% below its estimated fair value. The current Debt-to-Equity is 12.17, which is 5432% above median its 10-year median of 0.22 and 9261.5% above the Interactive Media industry median of 0.13. Atari's overall GF Score™ is 42/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Atari (PONGF), the current Debt-to-Equity is 12.17 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 Atari (PONGF) Overvalued in 2026?
Based on GuruFocus' analysis, Atari stock appears to be undervalued.
The current stock price of $23.15 is trading 60.3% below its estimated GF Value™ of $58.24.
GuruFocus considers Atari to be Possible Value Trap.
Key valuation signals for PONGF:
Debt-to-Equity: 12.17 (5432% above median its 10-year median of 0.22)
GF Value™: $58.24 vs. price of $23.15 (60.3% below fair value)
Industry Position: 9261.5% above the Interactive Media median (#405 of 411)
No single metric tells the full story. See the PONGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atari SA is in the electronic gaming and multimedia business sector. It is engaged in the design, production, publishing, and distribution of all multimedia and audiovisual products and works, including entertainment products in any form, such as software, data processing, and content. It owns and manages a portfolio of more than four hundred special games and franchises, including world-renowned brands like Pong, Breakout, Asteroids, Missile Command, Centipede, and RollerCoaster Tycoon. Atari provides various types of gaming, which include mobile and online arcade games such as roller coaster tycoon, haunted house, pong world, circus Atari, centipede, breakout, and others. The group has three lines of business: Games, which generates maximum revenue, Hardware, and Licensing.
42GF Score
Get the complete analysis for PONGF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PONGF has been successfully added to your 
