Black Rose Projects (WAR:BRP) Net Margin %: -190.59% (As of Mar. 2026)


WAR:BRP Black Rose Projects SA WAR:BRP
36 GF Score
Price zł0.48
GF Value zł0.53
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Black Rose Projects Net Margin %?

Black Rose Projects WAR:BRP -0.21% 36 Net Margin % is -190.59% as of Mar. 2026. GuruFocus rates WAR:BRP with a GF Score™ of 36/100 and a GF Value™ of zł0.53 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 553 Interactive Media companies, Black Rose Projects ranks worse than 95.12% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Black Rose Projects's Net Income for the three months ended in Mar. 2026 was zł-0.32 Mil. Black Rose Projects's Revenue for the three months ended in Mar. 2026 was zł0.17 Mil. Therefore, Black Rose Projects's net margin for the quarter that ended in Mar. 2026 was -190.59%.

The historical rank and industry rank for Black Rose Projects's Net Margin % or its related term are showing as below:

WAR:BRP' s Net Margin % Range Over the Past 10 Years
Min: -418.63   Med: -22.77   Max: 53.66
Current: -322.21


WAR:BRP's Net Margin % is ranked worse than
95.12% of 553 companies
in the Interactive Media industry
Industry Median: 1.65 vs WAR:BRP: -322.21

Black Rose Projects  (WAR:BRP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Black Rose Projects Net Margin % Related Terms


Black Rose Projects Net Margin % Historical Data

* Premium members only.

The historical data trend for Black Rose Projects's Net 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.

Black Rose Projects Net Margin % Chart

Black Rose Projects Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial 50.81 -7.13 -38.41 -101.73 -418.63

Black Rose Projects Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 -38.65 25.00 -33.33 -708.82 -190.59

WAR:BRP vs NTES, EA, TTWO: Net Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Black Rose Projects's Net Margin %, along with its competitors' market caps and Net 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.


Black Rose Projects Net Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Black Rose Projects's Net Margin % distribution charts can be found below:

* The bar in red indicates where Black Rose Projects's Net Margin % falls into.


WAR:BRP
36GF Score
Black Rose Projects SA WAR:BRP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Rose Projects Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Black Rose Projects's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-3.416/0.816
=-418.63 %

Black Rose Projects's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-0.324/0.17
=-190.59 %

* 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 Net Margin % →
What does a Net Margin % of -190.59% mean?
Black Rose Projects (WAR:BRP) has a Net Margin % of -190.59% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Black Rose Projects and its competitors. According to the industry distribution chart, Black Rose Projects ranks #526 out of 553 companies in the Interactive Media industry, placing it in the top 95.1%.
Is Black Rose Projects' Net Margin % too high?
Black Rose Projects' current Net Margin % is -190.59%. Based on the distribution chart, Black Rose Projects ranks #526 out of 553 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Black Rose Projects has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Black Rose Projects' Net Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Black Rose Projects ranks #526 out of 553 companies for Net Margin %. This places Black Rose Projects in the lower half of its industry. The industry median Net Margin % is 1.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Interactive Media company?
The median Net Margin % among Interactive Media companies is 1.65, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Black Rose Projects and its competitors. For the Interactive Media industry, the median Net Margin % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Rose Projects's current Net Margin % is -190.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Rose Projects stock overvalued right now?
Based on GuruFocus' analysis, Black Rose Projects (WAR:BRP) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.53, compared to a current price of zł0.48 — trading 9.6% below its estimated fair value. The current Net Margin % is -190.59%. Black Rose Projects' overall GF Score™ is 36/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Black Rose Projects (WAR:BRP), the current Net Margin % is -190.59% 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 Black Rose Projects (WAR:BRP) Overvalued in 2026?

Based on GuruFocus' analysis, Black Rose Projects stock appears to be undervalued. The current stock price of zł0.48 is trading 9.6% below its estimated GF Value™ of zł0.53. GuruFocus considers Black Rose Projects to be Modestly Undervalued.

Key valuation signals for WAR:BRP:

  • Net Margin %: -190.59%
  • GF Value™: zł0.53 vs. price of zł0.48 (9.6% below fair value)
  • GF Score™: 36/100 with 7 warning signs

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


Black Rose Projects Business Description

Address Tysiaclecia 1A, Dabrowa Gornicza, POL, 41-300
Black Rose Projects SA develops porting computer and mobile games. It offers porting games for the PC platforms, Nintendo Switch, and PlayStation 4 consoles. Its services include porting, publishing, and managing the sales of given projects.
36GF Score

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

zł0.48
Price
zł0.53
GF Value