PlayWay (WAR:PLW) ROC %: 62.30% (As of Mar. 2026)


WAR:PLW PlayWay SA WAR:PLW
86 GF Score
Price zł246.00
GF Value zł325.32
Valuation Modestly Undervalued
! 7 Warning Signs
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What is PlayWay ROC %?

PlayWay WAR:PLW 86 ROC % is 62.30% as of Mar. 2026. GuruFocus rates WAR:PLW with a GF Score™ of 86/100 and a GF Value™ of zł325.32 (Modestly Undervalued). The stock has 7 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 %. PlayWay's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 62.30%.

As of today (2026-06-26), PlayWay's WACC % is 8.93%. PlayWay's ROC % is 47.85% (calculated using TTM income statement data). PlayWay 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.


PlayWay  (WAR:PLW) 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, PlayWay's WACC % is 8.93%. PlayWay's ROC % is 47.85% (calculated using TTM income statement data). PlayWay 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.


PlayWay ROC % Related Terms


PlayWay ROC % Historical Data

* Premium members only.

The historical data trend for PlayWay'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.

PlayWay ROC % Chart

PlayWay Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.06 49.70 52.28 52.97 60.17

PlayWay Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 57.81 55.84 96.59 41.68 62.30
WAR:PLW
86GF Score
PlayWay SA WAR:PLW
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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PlayWay ROC % Calculation

PlayWay's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=186.949 * ( 1 - 10.74% )/( (290.749 + 263.947)/ 2 )
=166.8706774/277.348
=60.17 %

where

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=534.946 - 12.236 - ( 231.961 - max(0, 21.098 - 399.424+231.961))
=290.749

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=551.734 - 22.614 - ( 265.173 - max(0, 28.698 - 432.521+265.173))
=263.947

PlayWay'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=169.308 * ( 1 - 9.71% )/( (267.56 + 223.169)/ 2 )
=152.8681932/245.3645
=62.30 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=483.298 - 17.306 - ( 198.432 - max(0, 19.187 - 371.161+198.432))
=267.56

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=517.07 - 14.715 - ( 279.186 - max(0, 17.753 - 333.048+279.186))
=223.169

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 62.30% mean?
PlayWay (WAR:PLW) has a ROC % of 62.30% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on PlayWay and its competitors.
Is PlayWay's ROC % too high?
PlayWay's current ROC % is 62.30%. The Interactive Media industry median ROC % is 1.88. PlayWay's value of 62.30% is 3213.8% above this industry median. Overall, PlayWay has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PlayWay's ROC % compare to NTES and EA?
PlayWay's ROC % of 62.30% can be compared against companies in the Interactive Media industry. The industry median ROC % is 1.88. PlayWay's value of 62.30% is 3213.8% 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 1.88, based on 560 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. PlayWay's current ROC % of 62.30% is 3213.8% 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 PlayWay and its competitors. For the Interactive Media industry, the median ROC % is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PlayWay's current ROC % is 62.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlayWay stock overvalued right now?
Based on GuruFocus' analysis, PlayWay (WAR:PLW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł325.32, compared to a current price of zł246.00 — trading 24.4% below its estimated fair value. The current ROC % is 62.30% and 3213.8% above the Interactive Media industry median of 1.88. PlayWay's overall GF Score™ is 86/100 with 7 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 PlayWay (WAR:PLW), the current ROC % is 62.30% 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 PlayWay (WAR:PLW) Overvalued in 2026?

Based on GuruFocus' analysis, PlayWay stock appears to be undervalued. The current stock price of zł246.00 is trading 24.4% below its estimated GF Value™ of zł325.32. GuruFocus considers PlayWay to be Modestly Undervalued.

Key valuation signals for WAR:PLW:

  • ROC %: 62.30%
  • GF Value™: zł325.32 vs. price of zł246.00 (24.4% below fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 3213.8% above the Interactive Media median

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


PlayWay Business Description

Other Exchanges 6P5:Germany
Address ul. Minsk, 69, Warsaw, POL, 03-828
PlayWay SA is a producer and publisher of computer and mobile games in Poland. The company provides with various games including Out of Reach: Treasure Royale, Car Manufacture, Schizm 3: Nemezis And Split among others.
86GF Score

Get the complete analysis for WAR:PLW

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

zł246.00
Price
zł325.32
GF Value