Ten Square Games (STU:1HQ) ROC %: 17.10% (As of Mar. 2026)


STU:1HQ Ten Square Games SA STU:1HQ
76 GF Score
Price €21.22
GF Value €19.37
Valuation Fairly Valued
! 5 Warning Signs
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What is Ten Square Games ROC %?

Ten Square Games STU:1HQ -0.09% 76 ROC % is 17.10% as of Mar. 2026. GuruFocus rates STU:1HQ with a GF Score™ of 76/100 and a GF Value™ of €19.37 (Fairly Valued). The stock has 5 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Ten Square Games's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 17.10%.

As of today (2026-07-03), Ten Square Games's WACC % is 14.04%. Ten Square Games's ROC % is 21.78% (calculated using TTM income statement data). Ten Square Games generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Ten Square Games  (STU:1HQ) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Ten Square Games's WACC % is 14.04%. Ten Square Games's ROC % is 21.78% (calculated using TTM income statement data). Ten Square Games generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Ten Square Games ROC % Related Terms


Ten Square Games ROC % Historical Data

* Premium members only.

The historical data trend for Ten Square Games's ROC % 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.

Ten Square Games ROC % Chart

Ten Square Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only 66.42 25.67 22.19 22.33 25.92

Ten Square Games Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 35.93 27.40 26.85 15.84 17.10
STU:1HQ
76GF Score
Ten Square Games SA STU:1HQ
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ten Square Games ROC % Calculation

Ten Square Games's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=20.733 * ( 1 - 10.11% )/( (74.312 + 69.479)/ 2 )
=18.6368937/71.8955
=25.92 %

where

Ten Square Games's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=13.872 * ( 1 - 14.3% )/( (69.479 + 69.597)/ 2 )
=11.888304/69.538
=17.10 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 17.10% mean?
Ten Square Games (STU:1HQ) has a ROC % of 17.10% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ten Square Games and its competitors.
Is Ten Square Games' ROC % too high?
Ten Square Games' current ROC % is 17.10%. The Interactive Media industry median ROC % is 1.89. Ten Square Games' value of 17.10% is 804.8% above this industry median. Overall, Ten Square Games has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ten Square Games' ROC % compare to NTES and EA?
Ten Square Games' ROC % of 17.10% can be compared against companies in the Interactive Media industry. The industry median ROC % is 1.89. Ten Square Games' value of 17.10% is 804.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Interactive Media company?
The median ROC % among Interactive Media companies is 1.89, based on 559 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ten Square Games's current ROC % of 17.10% is 804.8% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Ten Square Games and its competitors. For the Interactive Media industry, the median ROC % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Square Games's current ROC % is 17.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Square Games stock overvalued right now?
Based on GuruFocus' analysis, Ten Square Games (STU:1HQ) is currently considered Fairly Valued. The stock's GF Value™ is €19.37, compared to a current price of €21.22 — trading 9.6% above its estimated fair value. The current ROC % is 17.10% and 804.8% above the Interactive Media industry median of 1.89. Ten Square Games' overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Ten Square Games (STU:1HQ), the current ROC % is 17.10% 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 Ten Square Games (STU:1HQ) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Square Games stock appears to be overvalued. The current stock price of €21.22 is trading 9.6% above its estimated GF Value™ of €19.37. GuruFocus considers Ten Square Games to be Fairly Valued.

Key valuation signals for STU:1HQ:

  • ROC %: 17.10%
  • GF Value™: €19.37 vs. price of €21.22 (9.6% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 804.8% above the Interactive Media median

No single metric tells the full story. See the STU:1HQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ten Square Games Business Description

Other Exchanges TEN:Poland1HQ:Germany
Address Traugutta 45 Street, Wroclaw, POL, 50-416
Ten Square Games SA is a developer of free-to-play mobile games with a focus on hobby genres, including fishing, hunting, and aviation. The company's portfolio includes popular titles such as Fishing Clash, Hunting Clash, Real Flight Simulator, Trophy Hunter, Let's Fish, and Wings of Heroes. The company's source of revenue includes micro-payments, subscriptions, advertisement, and licenses. The company generates the majority of its revenue from the micro-payments.
76GF Score

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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€21.22
Price
€19.37
GF Value