Ultimate Games (WAR:ULG) ROCE %: 50.34% (As of Sep. 2025)

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WAR:ULG Ultimate Games SA WAR:ULG
91 GF Score
Price zł15.10
GF Value zł16.87
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ultimate Games ROCE %?

Ultimate Games WAR:ULG +2.03% 91 ROCE % is 50.34% as of Sep. 2025. GuruFocus rates WAR:ULG with a GF Score™ of 91/100 and a GF Value™ of zł16.87 (Modestly Undervalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ultimate Games's annualized ROCE % for the quarter that ended in Sep. 2025 was 50.34%.

Ultimate Games  (WAR:ULG) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ultimate Games ROCE % Related Terms

Ultimate Games ROCE % Historical Data

* Premium members only.

The historical data trend for Ultimate Games's ROCE % 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.

Ultimate Games ROCE % Chart

Ultimate Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial 131.93 14.35 -22.96 -14.18 12.30

Ultimate Games Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
ROCE % 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 24.66 -14.03 34.87 30.17 50.34
WAR:ULG
91GF Score
Ultimate Games SA WAR:ULG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultimate Games ROCE % Calculation

Ultimate Games's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=3.251/( ( (28.372 - 1.858) + (29.205 - 2.873) )/ 2 )
=3.251/( (26.514+26.332)/ 2 )
=3.251/26.423
=12.30 %

Ultimate Games's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=14.804/( ( (33.456 - 6.029) + (33.715 - 2.33) )/ 2 )
=14.804/( ( 27.427 + 31.385 )/ 2 )
=14.804/29.406
=50.34 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

* 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 ROCE % →
What does a ROCE % of 50.34% mean?
Ultimate Games (WAR:ULG) has a ROCE % of 50.34% as of Sep. 2025.
Is Ultimate Games' ROCE % too high?
Ultimate Games' current ROCE % is 50.34%. The Interactive Media industry median ROCE % is 3.00. Ultimate Games' value of 50.34% is 1580.8% above this industry median. Overall, Ultimate Games has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultimate Games' ROCE % compare to NTES and EA?
Ultimate Games' ROCE % of 50.34% can be compared against companies in the Interactive Media industry. The industry median ROCE % is 3.00. Ultimate Games' value of 50.34% is 1580.8% 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 ROCE % for an Interactive Media company?
The median ROCE % among Interactive Media companies is 3.00, based on 544 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultimate Games's current ROCE % of 50.34% is 1580.8% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median ROCE % is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultimate Games's current ROCE % is 50.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Games stock overvalued right now?
Based on GuruFocus' analysis, Ultimate Games (WAR:ULG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł16.87, compared to a current price of zł15.10 — trading 10.5% below its estimated fair value. The current ROCE % is 50.34% and 1580.8% above the Interactive Media industry median of 3.00. Ultimate Games' overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ultimate Games (WAR:ULG), the current ROCE % is 50.34% as of Sep. 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 Ultimate Games (WAR:ULG) Overvalued in 2026?

Based on GuruFocus' analysis, Ultimate Games stock appears to be undervalued. The current stock price of zł15.10 is trading 10.5% below its estimated GF Value™ of zł16.87. GuruFocus considers Ultimate Games to be Modestly Undervalued.

Key valuation signals for WAR:ULG:

  • ROCE %: 50.34%
  • GF Value™: zł16.87 vs. price of zł15.10 (10.5% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 1580.8% above the Interactive Media median

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

Ultimate Games Business Description

Address ul. Marszalkowska 87/102, Warsaw, POL, 00-683
Ultimate Games SA is a Polish company that operates in the video games market. It is engaged in the production and distribution of games for desktops, mobile devices, and consoles. It develops games on fishing, hunting, and hobby including Ultimate fishing simulator, Pro 2018 Fishing, Priest, Bouncy BOB, Darkest hunters, Earthworms, and The Worst Day Ever.
91GF Score

Get the complete analysis for WAR:ULG

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

zł15.10
Price
zł16.87
GF Value