Forever EntertainmentWAR:FOR +0.40%74 Return-on-Tangible-Asset is 21.90% as of Mar. 2026, which is 56% above its 10-year median of 14.05. GuruFocus rates WAR:FOR with a GF Score™ of 74/100 and a GF Value™ of zł3.17 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 569 Interactive Media companies, Forever Entertainment ranks better than 84.18% 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. Forever Entertainment's annualizedNet Income for the quarter that ended in Mar. 2026 was zł8.52 Mil. Forever Entertainment's average total tangible assets for the quarter that ended in Mar. 2026 was zł38.92 Mil. Therefore, Forever Entertainment's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.90%.
The historical rank and industry rank for Forever Entertainment's Return-on-Tangible-Asset or its related term are showing as below:
WAR:FOR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.66 Med: 14.05 Max: 60.18
Current: 15.44
During the past 13 years, Forever Entertainment's highest Return-on-Tangible-Asset was 60.18%. The lowest was -31.66%. And the median was 14.05%.
WAR:FOR's Return-on-Tangible-Asset is ranked better than 84.18% of 569
companies
in the Interactive Media industry
Industry Median: 0.85
vs WAR:FOR: 15.44
Forever Entertainment (WAR:FOR) 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.
Forever Entertainment Return-on-Tangible-Asset Related Terms
Forever Entertainment Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Forever Entertainment'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.
Forever Entertainment Return-on-Tangible-Asset Chart
WAR:FOR vs NTES, EA, TTWO: Return-on-Tangible-Asset Comparison
For the Electronic Gaming & Multimedia subindustry, Forever Entertainment'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.
Forever Entertainment Return-on-Tangible-Asset vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Forever Entertainment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Forever Entertainment'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 21.90% mean?
Forever Entertainment (WAR:FOR) has a Return-on-Tangible-Asset of 21.90% 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 Forever Entertainment and its competitors. This is 56% above median its historical median of 14.05. According to the industry distribution chart, Forever Entertainment ranks #90 out of 569 companies in the Interactive Media industry, placing it in the top 15.8%.
Is Forever Entertainment's Return-on-Tangible-Asset too high?
Forever Entertainment's current Return-on-Tangible-Asset of 21.90% is 56% above median its 10-year median of 14.05. The Interactive Media industry median Return-on-Tangible-Asset is 0.85. Forever Entertainment's value of 21.90% is 2476.5% above this industry median. Based on the distribution chart, Forever Entertainment ranks #90 out of 569 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Forever Entertainment has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's Return-on-Tangible-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Forever Entertainment ranks #90 out of 569 companies for Return-on-Tangible-Asset. This places Forever Entertainment in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.85. Forever Entertainment's value of 21.90% is 2476.5% above this benchmark. While the company's 10-year median is 14.05 vs. the industry median of 0.85, Forever Entertainment 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 0.85, based on 569 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. Forever Entertainment's current Return-on-Tangible-Asset of 21.90% is 2476.5% 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 Forever Entertainment and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forever Entertainment's current Return-on-Tangible-Asset is 21.90%, which is 56% above median its own 10-year median of 14.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forever Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Forever Entertainment (WAR:FOR) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.17, compared to a current price of zł2.49 — trading 21.5% below its estimated fair value. The current Return-on-Tangible-Asset is 21.90%, which is 56% above median its 10-year median of 14.05 and 2476.5% above the Interactive Media industry median of 0.85. Forever Entertainment's overall GF Score™ is 74/100 with 3 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 Forever Entertainment (WAR:FOR), the current Return-on-Tangible-Asset is 21.90% 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 Forever Entertainment (WAR:FOR) Overvalued in 2026?
Based on GuruFocus' analysis, Forever Entertainment stock appears to be undervalued.
The current stock price of zł2.49 is trading 21.5% below its estimated GF Value™ of zł3.17.
GuruFocus considers Forever Entertainment to be Modestly Undervalued.
Key valuation signals for WAR:FOR:
Return-on-Tangible-Asset: 21.90% (56% above median its 10-year median of 14.05)
GF Value™: zł3.17 vs. price of zł2.49 (21.5% below fair value)
Industry Position: 2476.5% above the Interactive Media median (#90 of 569)
No single metric tells the full story. See the WAR:FOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forever Entertainment SA is an entertainment company that designs and manufactures computer game for different platforms. The company's games, such as Startioe, Not Dying Today, The Final Take, Zombillie, Teddy Floppy Ear, among others.
74GF Score
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