BTC Studios (WAR:BTC) Return-on-Tangible-Equity: 0.00% (As of Dec. 2025)


WAR:BTC BTC Studios SA WAR:BTC
12 GF Score
Price zł0.11
GF Value zł0.05
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BTC Studios Return-on-Tangible-Equity?

BTC Studios WAR:BTC 12 Return-on-Tangible-Equity is 0.00% as of Dec. 2025. GuruFocus rates WAR:BTC with a GF Score™ of 12/100 and a GF Value™ of zł0.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 490 Interactive Media companies, BTC Studios ranks worse than 204081.43% 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. BTC Studios's annualized net income for the quarter that ended in Dec. 2025 was zł-0.33 Mil. BTC Studios's average shareholder tangible equity for the quarter that ended in Dec. 2025 was zł-2.29 Mil. Therefore, BTC Studios's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was N/A%.

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

During the past 13 years, BTC Studios's highest Return-on-Tangible-Equity was 35.54%. The lowest was -1,674.00%. And the median was -175.80%.

WAR:BTC's Return-on-Tangible-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 5.795
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

BTC Studios  (WAR:BTC) 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.


BTC Studios Return-on-Tangible-Equity Related Terms


BTC Studios Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for BTC Studios'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.

BTC Studios Return-on-Tangible-Equity Chart

BTC Studios Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 11.54 -621.52 0.00 0.00

BTC Studios Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

WAR:BTC vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, BTC Studios'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.


BTC Studios Return-on-Tangible-Equity vs Interactive Media Industry

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

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


WAR:BTC
12GF Score
BTC Studios SA WAR:BTC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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BTC Studios Return-on-Tangible-Equity Calculation

BTC Studios'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 )
=-0.402/( (-2.034+-2.378 )/ 2 )
=-0.402/-2.206
=N/A %

BTC Studios'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: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-0.332/( (-2.199+-2.378)/ 2 )
=-0.332/-2.2885
=N/A %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
BTC Studios (WAR:BTC) has a Return-on-Tangible-Equity of 0.00% 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 BTC Studios and its competitors. According to the industry distribution chart, BTC Studios ranks #999999 out of 490 companies in the Interactive Media industry.
Is BTC Studios' Return-on-Tangible-Equity too high?
BTC Studios' current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, BTC Studios ranks #999999 out of 490 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, BTC Studios has a GF Score™ of 12/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTC Studios' Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, BTC Studios ranks #999999 out of 490 companies for Return-on-Tangible-Equity. This places BTC Studios in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.80. 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 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 BTC Studios 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. BTC Studios's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTC Studios stock overvalued right now?
Based on GuruFocus' analysis, BTC Studios (WAR:BTC) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.05, compared to a current price of zł0.11 — trading 120% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. BTC Studios' overall GF Score™ is 12/100 with 5 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 BTC Studios (WAR:BTC), the current Return-on-Tangible-Equity is 0.00% 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 BTC Studios (WAR:BTC) Overvalued in 2026?

Based on GuruFocus' analysis, BTC Studios stock appears to be overvalued. The current stock price of zł0.11 is trading 120% above its estimated GF Value™ of zł0.05. GuruFocus considers BTC Studios to be Significantly Overvalued.

Key valuation signals for WAR:BTC:

  • Return-on-Tangible-Equity: 0.00%
  • GF Value™: zł0.05 vs. price of zł0.11 (120% above fair value)
  • GF Score™: 12/100 with 5 warning signs

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


BTC Studios Business Description

Address ul. Emilii Plater 28, Warszawa, POL, 00-688
BTC Studios SA is a game development company. Its portfolio of games include Taffy: Feed the Kitty; Sadie Sparks Magic Match; and Pirates Next Door: The Mad Chase.
12GF Score

Get the complete analysis for WAR:BTC

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

zł0.11
Price
zł0.05
GF Value