GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Baked Games SA (WAR:BKD) » Definitions » Return-on-Tangible-Equity

Baked Games (WAR:BKD) Return-on-Tangible-Equity : 52.00% (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Baked Games Return-on-Tangible-Equity?

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. Baked Games's annualized net income for the quarter that ended in Dec. 2024 was zł1.72 Mil. Baked Games's average shareholder tangible equity for the quarter that ended in Dec. 2024 was zł3.31 Mil. Therefore, Baked Games's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 52.00%.

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

WAR:BKD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.8   Med: 0.75   Max: 33.51
Current: 2.43

During the past 6 years, Baked Games's highest Return-on-Tangible-Equity was 33.51%. The lowest was -25.80%. And the median was 0.75%.

WAR:BKD's Return-on-Tangible-Equity is ranked worse than
53.13% of 495 companies
in the Interactive Media industry
Industry Median: 3.73 vs WAR:BKD: 2.43

Baked Games Return-on-Tangible-Equity Historical Data

The historical data trend for Baked Games'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.

* Premium members only.

Baked Games Return-on-Tangible-Equity Chart

Baked Games Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial -13.89 -25.80 33.51 22.78 2.35

Baked Games Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.70 3.70 -13.34 -32.98 52.00

Competitive Comparison of Baked Games's Return-on-Tangible-Equity

For the Electronic Gaming & Multimedia subindustry, Baked Games'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.


Baked Games's Return-on-Tangible-Equity Distribution in the Interactive Media Industry

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

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


;
;

Baked Games Return-on-Tangible-Equity Calculation

Baked Games's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=0.082/( (3.447+3.523 )/ 2 )
=0.082/3.485
=2.35 %

Baked Games's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=1.72/( (3.093+3.523)/ 2 )
=1.72/3.308
=52.00 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Baked Games  (WAR:BKD) 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.


Baked Games Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Baked Games's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Baked Games Business Description

Traded in Other Exchanges
N/A
Address
Ul. Henryka Sienkiewicza 16, Czeladz, POL, 41-250
Baked Games SA is a gaming studio. It acts as a producer (developer) of games published by third parties (publishers), with the proviso that the company has released its own games for mobile platforms (App Store and Google Play). In this model, after creating the game, the developer hands it over to the publisher, who commercializes it and incurs the related expenses. Some of its games are Prison Simulator, Alaska Gold Fever, and Security Guard among others.