Ice Code Games (WAR:ICG) Market Cap: zł16.82 Mil (As of Jul. 02, 2026)


What is Ice Code Games Market Cap?

Ice Code Games WAR:ICG -5.03% Market Cap is zł16.82 Mil as of Jul. 02, 2026. The stock has 5 warning signs investors should review. Among 570 Interactive Media companies, Ice Code Games ranks worse than 83.16% 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). Ice Code Games's share price for the quarter that ended in Mar. 2026 was zł0.21. Ice Code Games's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 177.96 Mil. Therefore, Ice Code Games's market cap for the quarter that ended in Mar. 2026 was zł37.37 Mil.

Ice Code Games's quarterly market cap declined from Sep. 2025 (zł61.10 Mil) to Dec. 2025 (zł53.39 Mil) and declined from Dec. 2025 (zł53.39 Mil) to Mar. 2026 (zł37.37 Mil).

Ice Code Games's annual market cap declined from Dec. 2023 (zł38.12 Mil) to Dec. 2024 (zł23.64 Mil) but then increased from Dec. 2024 (zł23.64 Mil) to Dec. 2025 (zł53.39 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. Ice Code Games's Enterprise Value for Today is zł17.44 Mil.


Ice Code Games  (WAR:ICG) 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 company’s 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.


Ice Code Games Market Cap Related Terms


Ice Code Games Market Cap Historical Data

* Premium members only.

The historical data trend for Ice Code Games'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.

Ice Code Games Market Cap Chart

Ice Code Games Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.73 46.38 38.12 23.64 53.39

Ice Code Games Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 22.78 17.02 61.10 53.39 37.37

WAR:ICG vs NTES, EA, TTWO: Market Cap Comparison

For the Electronic Gaming & Multimedia subindustry, Ice Code Games'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.


Ice Code Games Market Cap vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ice Code Games's Market Cap distribution charts can be found below:

* The bar in red indicates where Ice Code Games's Market Cap falls into.



Ice Code Games Market Cap Calculation

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.

Ice Code Games's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=zł0.3*177.963
=zł53.39

Ice Code Games's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=zł0.21*177.963
=zł37.37

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of zł16.82 Mil mean?
Ice Code Games (WAR:ICG) has a Market Cap of zł16.82 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 Ice Code Games and its competitors. According to the industry distribution chart, Ice Code Games ranks #474 out of 570 companies in the Interactive Media industry, placing it in the top 83.2%.
Is Ice Code Games' Market Cap too high?
Ice Code Games' current Market Cap is zł16.82 Mil. Based on the distribution chart, Ice Code Games ranks #474 out of 570 companies in the Interactive Media industry, which is in the bottom quartile relative to peers.
How does Ice Code Games' Market Cap compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ice Code Games ranks #474 out of 570 companies for Market Cap. This places Ice Code Games 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 Ice Code Games 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. Ice Code Games's current Market Cap is zł16.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ice Code Games stock overvalued right now?
Based on GuruFocus' analysis, Ice Code Games (WAR:ICG) is currently considered Possible Value Trap. The stock's GF Value™ is zł0.21, compared to a current price of zł0.09 — trading 55% below its estimated fair value. The current Market Cap is zł16.82 Mil. 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 Ice Code Games (WAR:ICG), the current Market Cap is zł16.82 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.

Ice Code Games Business Description

Address Prosta 51 Street, Entrance B, Warsaw, POL, 00-838
Ice Code Games SA is engaged in the business of gaming. Its offers two games including Re-Legion and Deep Blue.