Artifex MundiWAR:ART 98 Return-on-Tangible-Equity is 15.47% as of Mar. 2026, which is 33% below its 10-year median of 22.99. GuruFocus rates WAR:ART with a GF Score™ of 98/100 and a GF Value™ of zł19.63 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 491 Interactive Media companies, Artifex Mundi ranks better than 70.47% 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. Artifex Mundi's annualized net income for the quarter that ended in Mar. 2026 was zł21.20 Mil. Artifex Mundi's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł137.00 Mil. Therefore, Artifex Mundi's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.47%.
The historical rank and industry rank for Artifex Mundi's Return-on-Tangible-Equity or its related term are showing as below:
WAR:ART'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -49.53 Med: 22.99 Max: 36.72
Current: 17.28
During the past 11 years, Artifex Mundi's highest Return-on-Tangible-Equity was 36.72%. The lowest was -49.53%. And the median was 22.99%.
WAR:ART's Return-on-Tangible-Equity is ranked better than 70.47% of 491
companies
in the Interactive Media industry
Industry Median: 5.8
vs WAR:ART: 17.28
Artifex Mundi (WAR:ART) 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.
Artifex Mundi Return-on-Tangible-Equity Related Terms
Artifex Mundi Return-on-Tangible-Equity Historical Data
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The historical data trend for Artifex Mundi'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.
WAR:ART vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Artifex Mundi'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.
Artifex Mundi Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Artifex Mundi's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Artifex Mundi'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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.47% mean?
Artifex Mundi (WAR:ART) has a Return-on-Tangible-Equity of 15.47% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Artifex Mundi and its competitors. This is 33% below median its historical median of 22.99. According to the industry distribution chart, Artifex Mundi ranks #145 out of 491 companies in the Interactive Media industry, placing it in the top 29.5%.
Is Artifex Mundi's Return-on-Tangible-Equity too high?
Artifex Mundi's current Return-on-Tangible-Equity of 15.47% is 33% below median its 10-year median of 22.99. The Interactive Media industry median Return-on-Tangible-Equity is 5.80. Artifex Mundi's value of 15.47% is 166.7% above this industry median. Based on the distribution chart, Artifex Mundi ranks #145 out of 491 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Artifex Mundi has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Artifex Mundi's Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Artifex Mundi ranks #145 out of 491 companies for Return-on-Tangible-Equity. This puts Artifex Mundi in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.80. Artifex Mundi's value of 15.47% is 166.7% above this benchmark. While the company's 10-year median is 22.99 vs. the industry median of 5.80, Artifex Mundi 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. Artifex Mundi's current Return-on-Tangible-Equity of 15.47% is 166.7% 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 Artifex Mundi 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. Artifex Mundi's current Return-on-Tangible-Equity is 15.47%, which is 33% below median its own 10-year median of 22.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artifex Mundi stock overvalued right now?
Based on GuruFocus' analysis, Artifex Mundi (WAR:ART) is currently considered Modestly Overvalued. The stock's GF Value™ is zł19.63, compared to a current price of zł21.85 — trading 11.3% above its estimated fair value. The current Return-on-Tangible-Equity is 15.47%, which is 33% below median its 10-year median of 22.99 and 166.7% above the Interactive Media industry median of 5.80. Artifex Mundi's overall GF Score™ is 98/100 with 9 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 Artifex Mundi (WAR:ART), the current Return-on-Tangible-Equity is 15.47% 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 Artifex Mundi (WAR:ART) Overvalued in 2026?
Based on GuruFocus' analysis, Artifex Mundi stock appears to be overvalued.
The current stock price of zł21.85 is trading 11.3% above its estimated GF Value™ of zł19.63.
GuruFocus considers Artifex Mundi to be Modestly Overvalued.
Key valuation signals for WAR:ART:
Return-on-Tangible-Equity: 15.47% (33% below median its 10-year median of 22.99)
GF Value™: zł19.63 vs. price of zł21.85 (11.3% above fair value)
Industry Position: 166.7% above the Interactive Media median (#145 of 491)
No single metric tells the full story. See the WAR:ART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artifex Mundi SA is a producer, co-producer and publisher of games for platforms including Android, iOS, Windows Phone, PC, Mac, Linux, Xbox One and PlayStation 4. Its business segments include Game segment premium, which includes the production of games monetyzowanych model try-before- you-buy and publishing activities and investment in the field of games monetyzowanych model try-before- you-buy.
98GF Score
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