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Frozen WayWAR:FRW 86 Debt-to-Equity is 0.00 as of Jun. 2026. GuruFocus rates WAR:FRW with a GF Score™ of 86/100 and a GF Value™ of zł29.46 (Fairly Valued). The stock has 8 warning signs investors should review. Among 413 Interactive Media companies, Frozen Way ranks worse than 242130.51% 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 Frozen Way's Debt-to-Equity or its related term are showing as below:
WAR:FRW's Debt-to-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 0.13 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Frozen Way Debt-to-Equity Related Terms
Frozen Way Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Frozen Way'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.
WAR:FRW vs NTES, TTWO, RBLX: Debt-to-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Frozen Way'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.
Frozen Way Debt-to-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Frozen Way's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Frozen Way'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.
Frozen Way (WAR:FRW) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Frozen Way and its competitors. According to the industry distribution chart, Frozen Way ranks #999999 out of 413 companies in the Interactive Media industry.
Is Frozen Way's Debt-to-Equity too high?
Frozen Way's current Debt-to-Equity is 0.00. Based on the distribution chart, Frozen Way ranks #999999 out of 413 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Frozen Way has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frozen Way's Debt-to-Equity compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Frozen Way ranks #999999 out of 413 companies for Debt-to-Equity. This places Frozen Way in the lower half of its industry. The industry median Debt-to-Equity is 0.13. 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 413 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. 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 Frozen Way 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. Frozen Way's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frozen Way stock overvalued right now?
Based on GuruFocus' analysis, Frozen Way (WAR:FRW) is currently considered Fairly Valued. The stock's GF Value™ is zł29.46, compared to a current price of zł27.00 — trading 8.4% below its estimated fair value. The current Debt-to-Equity is 0.00. Frozen Way's overall GF Score™ is 86/100 with 8 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 Frozen Way (WAR:FRW), the current Debt-to-Equity is 0.00 as of Jun. 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 Frozen Way (WAR:FRW) Overvalued in 2026?
Based on GuruFocus' analysis, Frozen Way stock appears to be undervalued.
The current stock price of zł27.00 is trading 8.4% below its estimated GF Value™ of zł29.46.
GuruFocus considers Frozen Way to be Fairly Valued.
Key valuation signals for WAR:FRW:
Debt-to-Equity: 0.00
GF Value™: zł29.46 vs. price of zł27.00 (8.4% below fair value)
No single metric tells the full story. See the WAR:FRW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frozen Way SA is a Poland-based developer of video games. It is an independent game development studio and publisher. Its game portfolio comprises House Flipper Pets, House Flipper VR, and Builder Simulator.
86GF Score
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