PlaySide StudiosASX:PLY 35 Return-on-Tangible-Equity is 113.88% as of Dec. 2025. GuruFocus rates ASX:PLY with a GF Score™ of 35/100 and a GF Value™ of A$0.45 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 490 Interactive Media companies, PlaySide Studios ranks better than 51.63% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PlaySide Studios's annualized net income for the quarter that ended in Dec. 2025 was A$15.88 Mil. PlaySide Studios's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$13.95 Mil. Therefore, PlaySide Studios's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 113.88%.
The historical rank and industry rank for PlaySide Studios's Return-on-Tangible-Equity or its related term are showing as below:
ASX:PLY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -54.13 Med: -19.44 Max: 33.84
Current: 6.58
During the past 6 years, PlaySide Studios's highest Return-on-Tangible-Equity was 33.84%. The lowest was -54.13%. And the median was -19.44%.
ASX:PLY's Return-on-Tangible-Equity is ranked better than 51.63% of 490
companies
in the Interactive Media industry
Industry Median: 5.865
vs ASX:PLY: 6.58
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
PlaySide Studios Return-on-Tangible-Equity Related Terms
PlaySide Studios Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PlaySide Studios's Return-on-Tangible-Equity 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.
ASX:PLY vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, PlaySide Studios's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
PlaySide Studios Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, PlaySide Studios's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PlaySide Studios's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 113.88% mean?
PlaySide Studios (ASX:PLY) has a Return-on-Tangible-Equity of 113.88% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PlaySide Studios and its competitors. According to the industry distribution chart, PlaySide Studios ranks #237 out of 490 companies in the Interactive Media industry, placing it in the top 48.4%.
Is PlaySide Studios' Return-on-Tangible-Equity too high?
PlaySide Studios' current Return-on-Tangible-Equity is 113.88%. The Interactive Media industry median Return-on-Tangible-Equity is 5.87. PlaySide Studios' value of 113.88% is 1841.7% above this industry median. Based on the distribution chart, PlaySide Studios ranks #237 out of 490 companies in the Interactive Media industry, which is above the industry midpoint. Overall, PlaySide Studios has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PlaySide Studios' Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, PlaySide Studios ranks #237 out of 490 companies for Return-on-Tangible-Equity. This puts PlaySide Studios in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.87. PlaySide Studios' value of 113.88% is 1841.7% 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 Return-on-Tangible-Equity for an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.87, based on 490 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PlaySide Studios's current Return-on-Tangible-Equity of 113.88% is 1841.7% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PlaySide Studios and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PlaySide Studios's current Return-on-Tangible-Equity is 113.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlaySide Studios stock overvalued right now?
Based on GuruFocus' analysis, PlaySide Studios (ASX:PLY) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.45, compared to a current price of A$0.14 — trading 70% below its estimated fair value. The current Return-on-Tangible-Equity is 113.88% and 1841.7% above the Interactive Media industry median of 5.87. PlaySide Studios' overall GF Score™ is 35/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For PlaySide Studios (ASX:PLY), the current Return-on-Tangible-Equity is 113.88% 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 PlaySide Studios (ASX:PLY) Overvalued in 2026?
Based on GuruFocus' analysis, PlaySide Studios stock appears to be undervalued.
The current stock price of A$0.14 is trading 70% below its estimated GF Value™ of A$0.45.
GuruFocus considers PlaySide Studios to be Possible Value Trap.
Key valuation signals for ASX:PLY:
Return-on-Tangible-Equity: 113.88%
GF Value™: A$0.45 vs. price of A$0.14 (70% below fair value)
Industry Position: 1841.7% above the Interactive Media median (#237 of 490)
No single metric tells the full story. See the ASX:PLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PlaySide Studios Ltd is a video game developer in Australia. The company delivers games across four platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR), and PC. Some of its games include Ghost Pop, Flush Force, Defend the Bits, Dumb Ways to Dash, and many others. The company has one reportable segment, the development and monetization of mobile, PC, and console video games.
35GF Score
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