Ice Code Games (WAR:ICG) OCF Margin %: 144.44% (As of Mar. 2026) — 1136% Above Median


What is Ice Code Games OCF Margin %?

Ice Code Games WAR:ICG -12.61% OCF Margin % is 144.44% as of Mar. 2026, which is 1136% above its 10-year median of 11.69. The stock has 5 warning signs investors should review. Among 551 Interactive Media companies, Ice Code Games ranks better than 98% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Ice Code Games's Cash Flow from Operations for the three months ended in Mar. 2026 was zł0.01 Mil. Ice Code Games's Revenue for the three months ended in Mar. 2026 was zł0.01 Mil. Therefore, Ice Code Games's OCF Margin % for the quarter that ended in Mar. 2026 was 144.44%.

As of today, Ice Code Games's current OCF Yield % is 16.99%.

The historical rank and industry rank for Ice Code Games's OCF Margin % or its related term are showing as below:

WAR:ICG' s OCF Margin % Range Over the Past 10 Years
Min: -27.58   Med: 11.69   Max: 98.38
Current: 80.88


During the past 13 years, the highest OCF Margin % of Ice Code Games was 98.38%. The lowest was -27.58%. And the median was 11.69%.

WAR:ICG's OCF Margin % is ranked better than
98% of 551 companies
in the Interactive Media industry
Industry Median: 8.84 vs WAR:ICG: 80.88


Ice Code Games OCF Margin % Related Terms


Ice Code Games OCF Margin % Historical Data

* Premium members only.

The historical data trend for Ice Code Games's OCF 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.

Ice Code Games OCF Margin % Chart

Ice Code Games Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -15.51 98.38 -27.58 58.98

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
OCF 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 763.11 -783.72 22.68 643.40 144.44

WAR:ICG vs NTES, EA, TTWO: OCF Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Ice Code Games's OCF Margin %, along with its competitors' market caps and OCF 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.


Ice Code Games OCF Margin % vs Interactive Media Industry

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

* The bar in red indicates where Ice Code Games's OCF Margin % falls into.



Ice Code Games OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2.194/3.72
=58.98 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0.013/0.009
=144.44 %

* 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 OCF Margin % →
What does a OCF Margin % of 144.44% mean?
Ice Code Games (WAR:ICG) has a OCF Margin % of 144.44% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Ice Code Games and its competitors. This is 1136% above median its historical median of 11.69. According to the industry distribution chart, Ice Code Games ranks #11 out of 551 companies in the Interactive Media industry, placing it in the top 2%.
Is Ice Code Games' OCF Margin % too high?
Ice Code Games' current OCF Margin % of 144.44% is 1136% above median its 10-year median of 11.69. The Interactive Media industry median OCF Margin % is 8.84. Ice Code Games' value of 144.44% is 1533.9% above this industry median. Based on the distribution chart, Ice Code Games ranks #11 out of 551 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers.
How does Ice Code Games' OCF Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ice Code Games ranks #11 out of 551 companies for OCF Margin %. This places Ice Code Games in the top 2% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 8.84. Ice Code Games' value of 144.44% is 1533.9% above this benchmark. While the company's 10-year median is 11.69 vs. the industry median of 8.84, Ice Code Games 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 OCF Margin % for an Interactive Media company?
The median OCF Margin % among Interactive Media companies is 8.84, based on 551 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ice Code Games's current OCF Margin % of 144.44% is 1533.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Ice Code Games and its competitors. For the Interactive Media industry, the median OCF Margin % is 8.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ice Code Games's current OCF Margin % is 144.44%, which is 1136% above median its own 10-year median of 11.69. 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 zł0.10 — trading 53.8% below its estimated fair value. The current OCF Margin % is 144.44%, which is 1136% above median its 10-year median of 11.69 and 1533.9% above the Interactive Media industry median of 8.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Ice Code Games (WAR:ICG), the current OCF Margin % is 144.44% 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.

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.