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Trophy Games Development AS OCSE:TGAMES
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:
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%.
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.
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 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 |
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10.17 | 72.95 | -21.62 | 5.57 | 67.14 | ||
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.
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.
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.
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:
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.
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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