Road Studio (WAR:RST) Gross Margin %: 99.61% (As of Mar. 2026) — Near Median


WAR:RST Road Studio SA WAR:RST
48 GF Score
Price zł5.10
GF Value zł19.25
Valuation Possible Value Trap
! 1 Warning Sign
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What is Road Studio Gross Margin %?

Road Studio WAR:RST -3.77% 48 Gross Margin % is 99.61% as of Mar. 2026, which is 1% above its 10-year median of 98.37. GuruFocus rates WAR:RST with a GF Score™ of 48/100 and a GF Value™ of zł19.25 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 497 Interactive Media companies, Road Studio ranks better than 88.33% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Road Studio's Gross Profit for the three months ended in Mar. 2026 was zł0.26 Mil. Road Studio's Revenue for the three months ended in Mar. 2026 was zł0.26 Mil. Therefore, Road Studio's Gross Margin % for the quarter that ended in Mar. 2026 was 99.61%.


The historical rank and industry rank for Road Studio's Gross Margin % or its related term are showing as below:

WAR:RST' s Gross Margin % Range Over the Past 10 Years
Min: 91.71   Med: 98.37   Max: 4011.63
Current: 99.04


During the past 5 years, the highest Gross Margin % of Road Studio was 4011.63%. The lowest was 91.71%. And the median was 98.37%.

WAR:RST's Gross Margin % is ranked better than
88.33% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs WAR:RST: 99.04

Road Studio had a gross margin of 99.61% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Road Studio was 0.00% per year.


Road Studio  (WAR:RST) 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

Road Studio had a gross margin of 99.61% for the quarter that ended in Mar. 2026 => Durable 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.


Road Studio Gross Margin % Related Terms


Road Studio Gross Margin % Historical Data

* Premium members only.

The historical data trend for Road Studio'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.

Road Studio Gross Margin % Chart

Road Studio Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
4,011.63 91.71 97.22 0.00 99.52

Road Studio Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 0.00 99.60 96.52 0.00 99.61

WAR:RST vs NTES, EA, TTWO: Gross Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Road Studio'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.


Road Studio Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Road Studio's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Road Studio's Gross Margin % falls into.


WAR:RST
48GF Score
Road Studio SA WAR:RST
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Road Studio Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Road Studio's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1.2 / 1.249
=(Revenue - Cost of Goods Sold) / Revenue
=(1.249 - 0.006) / 1.249
=99.52 %

Road Studio's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.3 / 0.257
=(Revenue - Cost of Goods Sold) / Revenue
=(0.257 - 0.001) / 0.257
=99.61 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 99.61% mean?
Road Studio (WAR:RST) has a Gross Margin % of 99.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Road Studio and its competitors. This is near median its historical median of 98.37. Over the past decade, Road Studio's Gross Margin % has ranged from 91.71 to 4,011.63. According to the industry distribution chart, Road Studio ranks #58 out of 497 companies in the Interactive Media industry, placing it in the top 11.7%.
Is Road Studio's Gross Margin % too high?
Road Studio's current Gross Margin % of 99.61% is near median its 10-year median of 98.37. Over the past 10 years, this metric has ranged from a low of 91.71 to a high of 4,011.63. The Interactive Media industry median Gross Margin % is 62.58. Road Studio's value of 99.61% is 59.2% above this industry median. Based on the distribution chart, Road Studio ranks #58 out of 497 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Road Studio has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Road Studio's Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Road Studio ranks #58 out of 497 companies for Gross Margin %. This places Road Studio in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 62.58. Road Studio's value of 99.61% is 59.2% above this benchmark. Historically, Road Studio's own Gross Margin % has ranged from 91.71 to 4,011.63 over the past decade. While the company's 10-year median is 98.37 vs. the industry median of 62.58, Road Studio 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 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. Road Studio's current Gross Margin % of 99.61% is 59.2% 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 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 Road Studio 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. Road Studio's current Gross Margin % is 99.61%, which is near median its own 10-year median of 98.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Road Studio stock overvalued right now?
Based on GuruFocus' analysis, Road Studio (WAR:RST) is currently considered Possible Value Trap. The stock's GF Value™ is zł19.25, compared to a current price of zł5.10 — trading 73.5% below its estimated fair value. The current Gross Margin % is 99.61%, which is near median its 10-year median of 98.37 and 59.2% above the Interactive Media industry median of 62.58. Road Studio's overall GF Score™ is 48/100 with 1 warning sign 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 Road Studio (WAR:RST), the current Gross Margin % is 99.61% as of Mar. 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 Road Studio (WAR:RST) Overvalued in 2026?

Based on GuruFocus' analysis, Road Studio stock appears to be undervalued. The current stock price of zł5.10 is trading 73.5% below its estimated GF Value™ of zł19.25. GuruFocus considers Road Studio to be Possible Value Trap.

Key valuation signals for WAR:RST:

  • Gross Margin %: 99.61% (near median its 10-year median of 98.37)
  • GF Value™: zł19.25 vs. price of zł5.10 (73.5% below fair value)
  • GF Score™: 48/100 with 1 warning sign
  • Industry Position: 59.2% above the Interactive Media median (#58 of 497)

No single metric tells the full story. See the WAR:RST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Road Studio Business Description

Address Ulica Wernyhory 29A, Warsaw, POL, 02-727
Road Studio SA is a developer of automotive and survival themed simulation video games, which at the same time are travel-themed.
48GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł5.10
Price
zł19.25
GF Value