GDEV (FRA:YI4) Return-on-Tangible-Asset: 34.96% (As of Dec. 2025) — 523% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:YI4 GDEV Inc FRA:YI4
68 GF Score
Price €9.35
GF Value €16.96
Valuation Possible Value Trap
! 5 Warning Signs
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What is GDEV Return-on-Tangible-Asset?

GDEV FRA:YI4 -8.33% 68 Return-on-Tangible-Asset is 34.96% as of Dec. 2025, which is 523% above its 10-year median of 5.61. GuruFocus rates FRA:YI4 with a GF Score™ of 68/100 and a GF Value™ of €16.96 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 567 Interactive Media companies, GDEV ranks better than 93.83% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. GDEV's annualized Net Income for the quarter that ended in Dec. 2025 was €65.7 Mil. GDEV's average total tangible assets for the quarter that ended in Dec. 2025 was €187.8 Mil. Therefore, GDEV's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 34.96%.

The historical rank and industry rank for GDEV's Return-on-Tangible-Asset or its related term are showing as below:

FRA:YI4' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -44.94   Med: 5.61   Max: 29.6
Current: 29.6

During the past 7 years, GDEV's highest Return-on-Tangible-Asset was 29.60%. The lowest was -44.94%. And the median was 5.61%.

FRA:YI4's Return-on-Tangible-Asset is ranked better than
93.83% of 567 companies
in the Interactive Media industry
Industry Median: 0.69 vs FRA:YI4: 29.60

GDEV  (FRA:YI4) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


GDEV Return-on-Tangible-Asset Related Terms


GDEV Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for GDEV's Return-on-Tangible-Asset 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.

GDEV Return-on-Tangible-Asset Chart

GDEV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -46.28 2.44 14.72 9.06 26.26

GDEV Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.12 6.41 12.18 24.76 34.96

FRA:YI4 vs CTW, FIRY, SOHU: Return-on-Tangible-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, GDEV's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


GDEV Return-on-Tangible-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GDEV's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where GDEV's Return-on-Tangible-Asset falls into.


FRA:YI4
68GF Score
GDEV Inc FRA:YI4
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GDEV Return-on-Tangible-Asset Calculation

GDEV's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=59.209/( (253.974+196.956)/ 2 )
=59.209/225.465
=26.26 %

GDEV's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=65.656/( (178.662+196.956)/ 2 )
=65.656/187.809
=34.96 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 34.96% mean?
GDEV (FRA:YI4) has a Return-on-Tangible-Asset of 34.96% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on GDEV and its competitors. This is 523% above median its historical median of 5.61. According to the industry distribution chart, GDEV ranks #35 out of 567 companies in the Interactive Media industry, placing it in the top 6.2%.
Is GDEV's Return-on-Tangible-Asset too high?
GDEV's current Return-on-Tangible-Asset of 34.96% is 523% above median its 10-year median of 5.61. The Interactive Media industry median Return-on-Tangible-Asset is 0.69. GDEV's value of 34.96% is 4966.7% above this industry median. Based on the distribution chart, GDEV ranks #35 out of 567 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, GDEV has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GDEV's Return-on-Tangible-Asset compare to CTW and FIRY?
According to the Interactive Media industry distribution chart, GDEV ranks #35 out of 567 companies for Return-on-Tangible-Asset. This places GDEV in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.69. GDEV's value of 34.96% is 4966.7% above this benchmark. While the company's 10-year median is 5.61 vs. the industry median of 0.69, GDEV 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 Return-on-Tangible-Asset for an Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.69, based on 567 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GDEV's current Return-on-Tangible-Asset of 34.96% is 4966.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on GDEV and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDEV's current Return-on-Tangible-Asset is 34.96%, which is 523% above median its own 10-year median of 5.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDEV stock overvalued right now?
Based on GuruFocus' analysis, GDEV (FRA:YI4) is currently considered Possible Value Trap. The stock's GF Value™ is €16.96, compared to a current price of €9.35 — trading 44.9% below its estimated fair value. The current Return-on-Tangible-Asset is 34.96%, which is 523% above median its 10-year median of 5.61 and 4966.7% above the Interactive Media industry median of 0.69. GDEV's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For GDEV (FRA:YI4), the current Return-on-Tangible-Asset is 34.96% as of Dec. 2025. 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 GDEV (FRA:YI4) Overvalued in 2026?

Based on GuruFocus' analysis, GDEV stock appears to be undervalued. The current stock price of €9.35 is trading 44.9% below its estimated GF Value™ of €16.96. GuruFocus considers GDEV to be Possible Value Trap.

Key valuation signals for FRA:YI4:

  • Return-on-Tangible-Asset: 34.96% (523% above median its 10-year median of 5.61)
  • GF Value™: €16.96 vs. price of €9.35 (44.9% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 4966.7% above the Interactive Media median (#35 of 567)

No single metric tells the full story. See the FRA:YI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GDEV Business Description

Other Exchanges GDEV:USA
Address 55, Griva Digeni, Limassol, CYP, 3101
GDEV Inc is a gaming and entertainment holding company that oversees a portfolio of studios focused on developing and publishing live-service games across a range of platforms and genres. Its portfolio includes studios specializing in mobile, browser, and PC games, as well as captivating IPs spanning various genres.
68GF Score

Get the complete analysis for FRA:YI4

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.35
Price
€16.96
GF Value