BTC StudiosWAR:BTC 10 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates WAR:BTC with a GF Score™ of 10/100 and a GF Value™ of zł0.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 497 Interactive Media companies, BTC Studios ranks worse than 201207.04% on this metric.
The historical rank and industry rank for BTC Studios's Gross Margin % or its related term are showing as below:
During the past 13 years, the highestGross Margin % of BTC Studios was 99.67%. The lowest was 99.10%. And the median was 99.63%.
WAR:BTC's Gross Margin % is not ranked *
in the Interactive Media industry.
Industry Median: 62.58 * Ranked among companies with meaningful Gross Margin % only.
BTC Studios had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for BTC Studios was 0.00% per year.
BTC Studios (WAR:BTC) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
BTC Studios had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
BTC Studios Gross Margin % Related Terms
BTC Studios Gross Margin % Historical Data
* Premium members only.
The historical data trend for BTC Studios's Gross Margin % 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:BTC vs NTES, EA, TTWO: Gross Margin % Comparison
For the Electronic Gaming & Multimedia subindustry, BTC Studios's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
BTC Studios Gross Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, BTC Studios's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BTC Studios's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
BTC Studios (WAR:BTC) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on BTC Studios and its competitors. Over the past decade, BTC Studios' Gross Margin % has ranged from 99.10 to 99.67. According to the industry distribution chart, BTC Studios ranks #999999 out of 497 companies in the Interactive Media industry.
Is BTC Studios' Gross Margin % too high?
BTC Studios' current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 99.10 to a high of 99.67. Based on the distribution chart, BTC Studios ranks #999999 out of 497 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, BTC Studios has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTC Studios' Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, BTC Studios ranks #999999 out of 497 companies for Gross Margin %. This places BTC Studios in the lower half of its industry. The industry median Gross Margin % is 62.58. Historically, BTC Studios' own Gross Margin % has ranged from 99.10 to 99.67 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on BTC Studios and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTC Studios's current Gross Margin % 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 BTC Studios stock overvalued right now?
Based on GuruFocus' analysis, BTC Studios (WAR:BTC) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.05, compared to a current price of zł0.11 — trading 120% above its estimated fair value. The current Gross Margin % is 0.00%. BTC Studios' overall GF Score™ is 10/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For BTC Studios (WAR:BTC), the current Gross Margin % is 0.00% as of Dec. 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 BTC Studios (WAR:BTC) Overvalued in 2026?
Based on GuruFocus' analysis, BTC Studios stock appears to be overvalued.
The current stock price of zł0.11 is trading 120% above its estimated GF Value™ of zł0.05.
GuruFocus considers BTC Studios to be Significantly Overvalued.
Key valuation signals for WAR:BTC:
Gross Margin %: 0.00%
GF Value™: zł0.05 vs. price of zł0.11 (120% above fair value)
No single metric tells the full story. See the WAR:BTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BTC Studios SA is a game development company. Its portfolio of games include Taffy: Feed the Kitty; Sadie Sparks Magic Match; and Pirates Next Door: The Mad Chase.
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