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Nitro GamesOSTO:NITRO +6.81%52 Return-on-Tangible-Asset is 9.88% as of Mar. 2026. GuruFocus rates OSTO:NITRO with a GF Score™ of 52/100 and a GF Value™ of kr1.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 568 Interactive Media companies, Nitro Games ranks better than 64.61% 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. Nitro Games's annualizedNet Income for the quarter that ended in Mar. 2026 was kr3.32 Mil. Nitro Games's average total tangible assets for the quarter that ended in Mar. 2026 was kr33.55 Mil. Therefore, Nitro Games's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.88%.
The historical rank and industry rank for Nitro Games's Return-on-Tangible-Asset or its related term are showing as below:
OSTO:NITRO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -199.72 Med: -107.92 Max: 10.5
Current: 5.32
During the past 11 years, Nitro Games's highest Return-on-Tangible-Asset was 10.50%. The lowest was -199.72%. And the median was -107.92%.
OSTO:NITRO's Return-on-Tangible-Asset is ranked better than 64.61% of 568
companies
in the Interactive Media industry
Industry Median: 0.735
vs OSTO:NITRO: 5.32
Nitro Games (OSTO:NITRO) 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 companys 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 companys 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.
Nitro Games Return-on-Tangible-Asset Related Terms
Nitro Games Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nitro Games'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.
OSTO:NITRO vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison
For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.
Nitro Games Return-on-Tangible-Asset vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Nitro Games's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nitro Games's Return-on-Tangible-Asset falls into.
* 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.88% mean?
Nitro Games (OSTO:NITRO) has a Return-on-Tangible-Asset of 9.88% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Nitro Games and its competitors. According to the industry distribution chart, Nitro Games ranks #201 out of 568 companies in the Interactive Media industry, placing it in the top 35.4%.
Is Nitro Games' Return-on-Tangible-Asset too high?
Nitro Games' current Return-on-Tangible-Asset is 9.88%. The Interactive Media industry median Return-on-Tangible-Asset is 0.74. Nitro Games' value of 9.88% is 1244.2% above this industry median. Based on the distribution chart, Nitro Games ranks #201 out of 568 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Nitro Games has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #201 out of 568 companies for Return-on-Tangible-Asset. This puts Nitro Games in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.74. Nitro Games' value of 9.88% is 1244.2% 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 Return-on-Tangible-Asset for an Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.74, based on 568 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. Nitro Games's current Return-on-Tangible-Asset of 9.88% is 1244.2% 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 Nitro Games and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current Return-on-Tangible-Asset is 9.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.42, compared to a current price of kr2.51 — trading 76.8% above its estimated fair value. The current Return-on-Tangible-Asset is 9.88% and 1244.2% above the Interactive Media industry median of 0.74. Nitro Games' overall GF Score™ is 52/100 with 8 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 Nitro Games (OSTO:NITRO), the current Return-on-Tangible-Asset is 9.88% 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?
Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued.
The current stock price of kr2.51 is trading 76.8% above its estimated GF Value™ of kr1.42.
GuruFocus considers Nitro Games to be Significantly Overvalued.
Key valuation signals for OSTO:NITRO:
Return-on-Tangible-Asset: 9.88%
GF Value™: kr1.42 vs. price of kr2.51 (76.8% above fair value)
Industry Position: 1244.2% above the Interactive Media median (#201 of 568)
No single metric tells the full story. See the OSTO:NITRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
52GF Score
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