Ultimate Games (WAR:ULG) ROE % Adjusted to Book Value: 21.57% (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 ROE % Adjusted to Book Value?

Ultimate Games WAR:ULG +2.03% 91 ROE % Adjusted to Book Value is 21.57% 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.

Ultimate Games's ROE % for the quarter that ended in Sep. 2025 was 47.46%. Ultimate Games's PB Ratio for the quarter that ended in Sep. 2025 was 2.20. Ultimate Games's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2025 was 21.57%.

Ultimate Games ROE % Adjusted to Book Value Related Terms

Ultimate Games ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Ultimate Games's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Ultimate Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 33.64 5.01 -7.93 -6.27 6.60

Ultimate Games Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
ROE % Adjusted to Book Value 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 6.52 1.37 14.14 10.43 21.57

WAR:ULG vs NTES, EA, TTWO: ROE % Adjusted to Book Value Comparison

For the Electronic Gaming & Multimedia subindustry, Ultimate Games's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Ultimate Games ROE % Adjusted to Book Value vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ultimate Games's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ultimate Games's ROE % Adjusted to Book Value falls into.


WAR:ULG
91GF Score
Ultimate Games SA WAR:ULG
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultimate Games ROE % Adjusted to Book Value Calculation

Ultimate Games's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.88% / 1.80
=6.60%

Ultimate Games's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=47.46% / 2.20
=21.57%

* 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.

What does a ROE % Adjusted to Book Value of 21.57% mean?
Ultimate Games (WAR:ULG) has a ROE % Adjusted to Book Value of 21.57% as of Sep. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ultimate Games and its competitors.
Is Ultimate Games' ROE % Adjusted to Book Value too high?
Ultimate Games' current ROE % Adjusted to Book Value is 21.57%. 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' ROE % Adjusted to Book Value compare to NTES and EA?
Ultimate Games' ROE % Adjusted to Book Value of 21.57% can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Interactive Media company?
A good ROE % Adjusted to Book Value depends on the Interactive Media industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ultimate Games and its competitors. Ultimate Games's current ROE % Adjusted to Book Value is 21.57%. 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 ROE % Adjusted to Book Value is 21.57%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Ultimate Games (WAR:ULG), the current ROE % Adjusted to Book Value is 21.57% 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:

  • ROE % Adjusted to Book Value: 21.57%
  • GF Value™: zł16.87 vs. price of zł15.10 (10.5% below fair value)
  • GF Score™: 91/100 with 5 warning signs

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

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

zł15.10
Price
zł16.87
GF Value