Varsav Game Studios (WAR:VAR) Pretax Margin %: 38.64% (As of Mar. 2026)


WAR:VAR Varsav Game Studios SA WAR:VAR
53 GF Score
Price zł0.44
GF Value zł0.69
Valuation Possible Value Trap
! 5 Warning Signs
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What is Varsav Game Studios Pretax Margin %?

Varsav Game Studios WAR:VAR 53 Pretax Margin % is 38.64% as of Mar. 2026. GuruFocus rates WAR:VAR with a GF Score™ of 53/100 and a GF Value™ of zł0.69 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 553 Interactive Media companies, Varsav Game Studios ranks better than 96.75% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Varsav Game Studios's Pre-Tax Income for the three months ended in Mar. 2026 was zł0.17 Mil. Varsav Game Studios's Revenue for the three months ended in Mar. 2026 was zł0.43 Mil. Therefore, Varsav Game Studios's pretax margin for the quarter that ended in Mar. 2026 was 38.64%.

The historical rank and industry rank for Varsav Game Studios's Pretax Margin % or its related term are showing as below:

WAR:VAR' s Pretax Margin % Range Over the Past 10 Years
Min: -1329.2   Med: -131.72   Max: 467.9
Current: 62.19


WAR:VAR's Pretax Margin % is ranked better than
96.75% of 553 companies
in the Interactive Media industry
Industry Median: 2.23 vs WAR:VAR: 62.19

Varsav Game Studios  (WAR:VAR) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Varsav Game Studios Pretax Margin % Related Terms


Varsav Game Studios Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Varsav Game Studios's Pretax 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.

Varsav Game Studios Pretax Margin % Chart

Varsav Game Studios Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -150.87 -273.12 -381.55 65.52 -112.57

Varsav Game Studios Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 -300.00 122.10 7.91 68.30 38.64

WAR:VAR vs NTES, EA, TTWO: Pretax Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Varsav Game Studios's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Varsav Game Studios Pretax Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Varsav Game Studios's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Varsav Game Studios's Pretax Margin % falls into.


WAR:VAR
53GF Score
Varsav Game Studios SA WAR:VAR
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Varsav Game Studios Pretax Margin % Calculation

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

Varsav Game Studios's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-1.88/1.67
=-112.57 %

Varsav Game Studios's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0.165/0.427
=38.64 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 38.64% mean?
Varsav Game Studios (WAR:VAR) has a Pretax Margin % of 38.64% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Varsav Game Studios and its competitors. According to the industry distribution chart, Varsav Game Studios ranks #18 out of 553 companies in the Interactive Media industry, placing it in the top 3.3%.
Is Varsav Game Studios' Pretax Margin % too high?
Varsav Game Studios' current Pretax Margin % is 38.64%. The Interactive Media industry median Pretax Margin % is 2.23. Varsav Game Studios' value of 38.64% is 1632.7% above this industry median. Based on the distribution chart, Varsav Game Studios ranks #18 out of 553 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Varsav Game Studios has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Varsav Game Studios' Pretax Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Varsav Game Studios ranks #18 out of 553 companies for Pretax Margin %. This places Varsav Game Studios in the top 3% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.23. Varsav Game Studios' value of 38.64% is 1632.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Interactive Media company?
The median Pretax Margin % among Interactive Media companies is 2.23, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Varsav Game Studios's current Pretax Margin % of 38.64% is 1632.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Varsav Game Studios and its competitors. For the Interactive Media industry, the median Pretax Margin % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varsav Game Studios's current Pretax Margin % is 38.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varsav Game Studios stock overvalued right now?
Based on GuruFocus' analysis, Varsav Game Studios (WAR:VAR) is currently considered Possible Value Trap. The stock's GF Value™ is zł0.69, compared to a current price of zł0.44 — trading 36.2% below its estimated fair value. The current Pretax Margin % is 38.64% and 1632.7% above the Interactive Media industry median of 2.23. Varsav Game Studios' overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Varsav Game Studios (WAR:VAR), the current Pretax Margin % is 38.64% 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 Varsav Game Studios (WAR:VAR) Overvalued in 2026?

Based on GuruFocus' analysis, Varsav Game Studios stock appears to be undervalued. The current stock price of zł0.44 is trading 36.2% below its estimated GF Value™ of zł0.69. GuruFocus considers Varsav Game Studios to be Possible Value Trap.

Key valuation signals for WAR:VAR:

  • Pretax Margin %: 38.64%
  • GF Value™: zł0.69 vs. price of zł0.44 (36.2% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 1632.7% above the Interactive Media median (#18 of 553)

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


Varsav Game Studios Business Description

Address Aleje Jerozolimskie 123A, Warsaw, POL, 02-017
Varsav Game Studios SA is a Poland-based company. It is mainly engaged in the production of PC and mobile games and applications. The company offers various services to the gaming industry, including portfolio building and providing technological and financial support. Games developed by the company include Bee Simulator, AR Kicker, Crowd Dragons, Metamorphosis, and Interkosmos.
53GF Score

Get the complete analysis for WAR:VAR

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

zł0.44
Price
zł0.69
GF Value