Trophy Games Development AS (OCSE:TGAMES) Return-on-Tangible-Equity: 67.14% (As of Dec. 2025) — 176% Above Median


OCSE:TGAMES Trophy Games Development AS OCSE:TGAMES
94 GF Score
Price kr14.15
GF Value kr13.66
Valuation Fairly Valued
! 2 Warning Signs
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What is Trophy Games Development AS Return-on-Tangible-Equity?

Trophy Games Development AS OCSE:TGAMES 94 Return-on-Tangible-Equity is 67.14% as of Dec. 2025, which is 176% above its 10-year median of 24.32. GuruFocus rates OCSE:TGAMES with a GF Score™ of 94/100 and a GF Value™ of kr13.66 (Fairly Valued). The stock has 2 warning signs investors should review. Among 491 Interactive Media companies, Trophy Games Development AS ranks better than 83.5% 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. Trophy Games Development AS's annualized net income for the quarter that ended in Dec. 2025 was kr23.4 Mil. Trophy Games Development AS's average shareholder tangible equity for the quarter that ended in Dec. 2025 was kr34.8 Mil. Therefore, Trophy Games Development AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 67.14%.

The historical rank and industry rank for Trophy Games Development AS's Return-on-Tangible-Equity or its related term are showing as below:

OCSE:TGAMES' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -36.06   Med: 24.32   Max: 820.39
Current: 37.35

During the past 7 years, Trophy Games Development AS's highest Return-on-Tangible-Equity was 820.39%. The lowest was -36.06%. And the median was 24.32%.

OCSE:TGAMES's Return-on-Tangible-Equity is ranked better than
83.5% of 491 companies
in the Interactive Media industry
Industry Median: 5.8 vs OCSE:TGAMES: 37.35

Trophy Games Development AS  (OCSE:TGAMES) 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.


Trophy Games Development AS Return-on-Tangible-Equity Related Terms


Trophy Games Development AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Trophy Games Development AS'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.

Trophy Games Development AS Return-on-Tangible-Equity Chart

Trophy Games Development AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial -5.00 -36.06 8.63 24.32 35.46

Trophy Games Development AS Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.17 72.95 -21.62 5.57 67.14

OCSE:TGAMES vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, Trophy Games Development AS'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.


Trophy Games Development AS Return-on-Tangible-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trophy Games Development AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Trophy Games Development AS's Return-on-Tangible-Equity falls into.


OCSE:TGAMES
94GF Score
Trophy Games Development AS OCSE:TGAMES
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trophy Games Development AS Return-on-Tangible-Equity Calculation

Trophy Games Development AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=12.539/( (31.08+39.644 )/ 2 )
=12.539/35.362
=35.46 %

Trophy Games Development AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=23.376/( (29.985+39.644)/ 2 )
=23.376/34.8145
=67.14 %

* 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 67.14% mean?
Trophy Games Development AS (OCSE:TGAMES) has a Return-on-Tangible-Equity of 67.14% 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 Trophy Games Development AS and its competitors. This is 176% above median its historical median of 24.32. According to the industry distribution chart, Trophy Games Development AS ranks #81 out of 491 companies in the Interactive Media industry, placing it in the top 16.5%.
Is Trophy Games Development AS's Return-on-Tangible-Equity too high?
Trophy Games Development AS's current Return-on-Tangible-Equity of 67.14% is 176% above median its 10-year median of 24.32. The Interactive Media industry median Return-on-Tangible-Equity is 5.80. Trophy Games Development AS's value of 67.14% is 1057.6% above this industry median. Based on the distribution chart, Trophy Games Development AS ranks #81 out of 491 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Trophy Games Development AS has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trophy Games Development AS's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Trophy Games Development AS ranks #81 out of 491 companies for Return-on-Tangible-Equity. This places Trophy Games Development AS in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.80. Trophy Games Development AS's value of 67.14% is 1057.6% above this benchmark. While the company's 10-year median is 24.32 vs. the industry median of 5.80, Trophy Games Development AS 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-Equity for an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.80, based on 491 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. Trophy Games Development AS's current Return-on-Tangible-Equity of 67.14% is 1057.6% 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 Trophy Games Development AS and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trophy Games Development AS's current Return-on-Tangible-Equity is 67.14%, which is 176% above median its own 10-year median of 24.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trophy Games Development AS stock overvalued right now?
Based on GuruFocus' analysis, Trophy Games Development AS (OCSE:TGAMES) is currently considered Fairly Valued. The stock's GF Value™ is kr13.66, compared to a current price of kr14.15 — trading 3.6% above its estimated fair value. The current Return-on-Tangible-Equity is 67.14%, which is 176% above median its 10-year median of 24.32 and 1057.6% above the Interactive Media industry median of 5.80. Trophy Games Development AS's overall GF Score™ is 94/100 with 2 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 Trophy Games Development AS (OCSE:TGAMES), the current Return-on-Tangible-Equity is 67.14% 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 Trophy Games Development AS (OCSE:TGAMES) Overvalued in 2026?

Based on GuruFocus' analysis, Trophy Games Development AS stock appears to be overvalued. The current stock price of kr14.15 is trading 3.6% above its estimated GF Value™ of kr13.66. GuruFocus considers Trophy Games Development AS to be Fairly Valued.

Key valuation signals for OCSE:TGAMES:

  • Return-on-Tangible-Equity: 67.14% (176% above median its 10-year median of 24.32)
  • GF Value™: kr13.66 vs. price of kr14.15 (3.6% above fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 1057.6% above the Interactive Media median (#81 of 491)

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


Trophy Games Development AS Business Description

Other Exchanges 4H7:Germany
Address Mikkel Bryggers Gade 4, 2nd Floor, Copenhagen, DNK, 1460
Trophy Games Development AS is a Denmark-based company that develops and publishes mobile and pc games. Its game studio provides endless entertainment and challenging gameplay for all players. The company offers games for mobile, Steam, and browser.
94GF Score

Get the complete analysis for OCSE:TGAMES

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

kr14.15
Price
kr13.66
GF Value