Frozen WayWAR:FRW 92 Market Cap is zł29.19 Mil as of Jul. 02, 2026. GuruFocus rates WAR:FRW with a GF Score™ of 92/100 and a GF Value™ of zł30.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 570 Interactive Media companies, Frozen Way ranks worse than 78.77% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Frozen Way's share price for the quarter that ended in Mar. 2026 was zł38.4. Frozen Way's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1.05 Mil. Therefore, Frozen Way's market cap for the quarter that ended in Mar. 2026 was zł40.47 Mil.
Frozen Way's quarterly market cap
declined
from Sep. 2025 (zł43.32 Mil) to Dec. 2025 (zł40.79 Mil) and
declined
from Dec. 2025 (zł40.79 Mil) to Mar. 2026 (zł40.47 Mil).
Frozen Way's annual market cap
declined
from Dec. 2023 (zł71.76 Mil) to Dec. 2024 (zł40.79 Mil) but then
stayed the same
from Dec. 2024 (zł40.79 Mil) to Dec. 2025 (zł40.79 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Frozen Way's Enterprise Value for Today is zł23.79 Mil.
Frozen Way (WAR:FRW) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Frozen Way Market Cap Related Terms
Frozen Way Market Cap Historical Data
* Premium members only.
The historical data trend for Frozen Way's Market Cap 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.
For the Electronic Gaming & Multimedia subindustry, Frozen Way's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Frozen Way's Market Cap distribution charts can be found below:
* The bar in red indicates where Frozen Way's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Frozen Way's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Market Cap of zł29.19 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Frozen Way and its competitors. According to the industry distribution chart, Frozen Way ranks #449 out of 570 companies in the Interactive Media industry, placing it in the top 78.8%.
Is Frozen Way's Market Cap too high?
Frozen Way's current Market Cap is zł29.19 Mil. Based on the distribution chart, Frozen Way ranks #449 out of 570 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Frozen Way has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frozen Way's Market Cap compare to NTES and EA?
According to the Interactive Media industry distribution chart, Frozen Way ranks #449 out of 570 companies for Market Cap. This places Frozen Way in the lower half of its industry. The industry median Market Cap is 51.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Interactive Media company?
The median Market Cap among Interactive Media companies is 51.78, based on 570 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Frozen Way and its competitors. For the Interactive Media industry, the median Market Cap is 51.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frozen Way's current Market Cap is zł29.19 Mil. 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 Modestly Undervalued. The stock's GF Value™ is zł30.65, compared to a current price of zł27.70 — trading 9.6% below its estimated fair value. The current Market Cap is zł29.19 Mil. Frozen Way's overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Frozen Way (WAR:FRW), the current Market Cap is zł29.19 Mil as of Jul. 02, 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 zł27.70 is trading 9.6% below its estimated GF Value™ of zł30.65.
GuruFocus considers Frozen Way to be Modestly Undervalued.
Key valuation signals for WAR:FRW:
Market Cap: zł29.19 Mil
GF Value™: zł30.65 vs. price of zł27.70 (9.6% 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.
92GF Score
Get the complete analysis for WAR:FRW
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:FRW has been successfully added to your 
