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Devolver DigitalFRA:8CO -6.09%36 Return-on-Tangible-Equity is -51.19% as of Dec. 2025. GuruFocus rates FRA:8CO with a GF Score™ of 36/100 and a GF Value™ of €0.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 490 Interactive Media companies, Devolver Digital ranks worse than 87.76% 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. Devolver Digital's annualized net income for the quarter that ended in Dec. 2025 was €-8.42 Mil. Devolver Digital's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €16.45 Mil. Therefore, Devolver Digital's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -51.19%.
The historical rank and industry rank for Devolver Digital's Return-on-Tangible-Equity or its related term are showing as below:
FRA:8CO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -113.67 Med: 20.5 Max: 463.48
Current: -63.93
During the past 9 years, Devolver Digital's highest Return-on-Tangible-Equity was 463.48%. The lowest was -113.67%. And the median was 20.50%.
FRA:8CO's Return-on-Tangible-Equity is ranked worse than 87.76% of 490
companies
in the Interactive Media industry
Industry Median: 5.225
vs FRA:8CO: -63.93
Devolver Digital (FRA:8CO) Return-on-Tangible-Equity Explanation
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.
Devolver Digital Return-on-Tangible-Equity Related Terms
Devolver Digital Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Devolver Digital'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.
FRA:8CO vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Devolver Digital'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.
Devolver Digital Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Devolver Digital's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Devolver Digital'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 -51.19% mean?
Devolver Digital (FRA:8CO) has a Return-on-Tangible-Equity of -51.19% 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 Devolver Digital and its competitors. According to the industry distribution chart, Devolver Digital ranks #430 out of 490 companies in the Interactive Media industry, placing it in the top 87.8%.
Is Devolver Digital's Return-on-Tangible-Equity too high?
Devolver Digital's current Return-on-Tangible-Equity is -51.19%. Based on the distribution chart, Devolver Digital ranks #430 out of 490 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Devolver Digital has a GF Score™ of 36/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devolver Digital's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Devolver Digital ranks #430 out of 490 companies for Return-on-Tangible-Equity. This places Devolver Digital in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.23. 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 5.23, 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. 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 Devolver Digital and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devolver Digital's current Return-on-Tangible-Equity is -51.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devolver Digital stock overvalued right now?
Based on GuruFocus' analysis, Devolver Digital (FRA:8CO) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.26, compared to a current price of €0.19 — trading 28.8% below its estimated fair value. The current Return-on-Tangible-Equity is -51.19%. Devolver Digital's overall GF Score™ is 36/100 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 Devolver Digital (FRA:8CO), the current Return-on-Tangible-Equity is -51.19% 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 Devolver Digital (FRA:8CO) Overvalued in 2026?
Based on GuruFocus' analysis, Devolver Digital stock appears to be undervalued.
The current stock price of €0.19 is trading 28.8% below its estimated GF Value™ of €0.26.
GuruFocus considers Devolver Digital to be Modestly Undervalued.
Key valuation signals for FRA:8CO:
Return-on-Tangible-Equity: -51.19%
GF Value™: €0.26 vs. price of €0.19 (28.8% below fair value)
No single metric tells the full story. See the FRA:8CO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Devolver Digital Inc is engaged in the business of developing video games. Some of its games include Look Outside, Shotgun Cop Man, Forestrike, Minos, Shroom and Gloom, and others. The company operates in the USA, Croatia, the UK, the Netherlands, and Poland.
36GF Score
Get the complete analysis for FRA:8CO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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