Firy (FIRY) ROE %: -40.91% (As of Mar. 2026)


FIRY Firy Inc FIRY
68 GF Score
Price $8.36
GF Value $7.00
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Firy ROE %?

Firy FIRY -8.33% 68 ROE % is -40.91% as of Mar. 2026. GuruFocus rates FIRY with a GF Score™ of 68/100 and a GF Value™ of $7.00 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 534 Interactive Media companies, Firy ranks worse than 86.14% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Firy's annualized net income for the quarter that ended in Mar. 2026 was $-43.8 Mil. Firy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $107.0 Mil. Therefore, Firy's annualized ROE % for the quarter that ended in Mar. 2026 was -40.91%.

The historical rank and industry rank for Firy's ROE % or its related term are showing as below:

FIRY' s ROE % Range Over the Past 10 Years
Min: -395.16   Med: -56.44   Max: -24.4
Current: -50.29

During the past 8 years, Firy's highest ROE % was -24.40%. The lowest was -395.16%. And the median was -56.44%.

FIRY's ROE % is ranked worse than
86.14% of 534 companies
in the Interactive Media industry
Industry Median: 2.345 vs FIRY: -50.29

Firy  (NYSE:FIRY) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-43.78/107.0165
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-43.78 / 116.42)*(116.42 / 290.4015)*(290.4015 / 107.0165)
=Net Margin %*Asset Turnover*Equity Multiplier
=-37.61 %*0.4009*2.7136
=ROA %*Equity Multiplier
=-15.08 %*2.7136
=-40.91 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-43.78/107.0165
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-43.78 / -43.484) * (-43.484 / -65) * (-65 / 116.42) * (116.42 / 290.4015) * (290.4015 / 107.0165)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0068 * 0.669 * -55.83 % * 0.4009 * 2.7136
=-40.91 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Firy ROE % Related Terms


Firy ROE % Historical Data

* Premium members only.

The historical data trend for Firy's ROE % 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.

Firy ROE % Chart

Firy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -56.44 -98.89 -41.47 -24.40 -49.43

Firy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 -41.58 -48.25 -52.16 -59.92 -40.91

FIRY vs MRDN, CTW, MYPS: ROE % Comparison

For the Electronic Gaming & Multimedia subindustry, Firy's ROE %, along with its competitors' market caps and ROE % 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.


Firy ROE % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Firy's ROE % distribution charts can be found below:

* The bar in red indicates where Firy's ROE % falls into.


FIRY
68GF Score
Firy Inc FIRY
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firy ROE % Calculation

Firy's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-70.408/( (173.036+111.82)/ 2 )
=-70.408/142.428
=-49.43 %

Firy's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-43.78/( (111.82+102.213)/ 2 )
=-43.78/107.0165
=-40.91 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -40.91% mean?
Firy (FIRY) has a ROE % of -40.91% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Firy and its competitors. According to the industry distribution chart, Firy ranks #460 out of 534 companies in the Interactive Media industry, placing it in the top 86.1%.
Is Firy's ROE % too high?
Firy's current ROE % is -40.91%. Based on the distribution chart, Firy ranks #460 out of 534 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Firy has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firy's ROE % compare to MRDN and CTW?
According to the Interactive Media industry distribution chart, Firy ranks #460 out of 534 companies for ROE %. This places Firy in the lower half of its industry. The industry median ROE % is 2.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Interactive Media company?
The median ROE % among Interactive Media companies is 2.35, based on 534 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Firy and its competitors. For the Interactive Media industry, the median ROE % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firy's current ROE % is -40.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firy stock overvalued right now?
Based on GuruFocus' analysis, Firy (FIRY) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.00, compared to a current price of $8.36 — trading 19.4% above its estimated fair value. The current ROE % is -40.91%. Firy's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Firy (FIRY), the current ROE % is -40.91% 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 Firy (FIRY) Overvalued in 2026?

Based on GuruFocus' analysis, Firy stock appears to be overvalued. The current stock price of $8.36 is trading 19.4% above its estimated GF Value™ of $7.00. GuruFocus considers Firy to be Modestly Overvalued.

Key valuation signals for FIRY:

  • ROE %: -40.91%
  • GF Value™: $7.00 vs. price of $8.36 (19.4% above fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Firy Business Description

Other Exchanges SKLZ:Mexico
Address 6625 Badura Avenue, Las Vegas, NV, USA, 89118
Firy Inc, formerly Skillz Inc is a two-sided mobile gaming platform that connects developers with competitive players. Its reportable segments are: the Skillz segment and the RZR segment. Skillz segment's highlights include Monetize Through Competitions, Player Matching, Cross-Platform Support, Comprehensive Analytics, and Focus on Game Development. Aarki is a performance marketing platform that enables advertisers to acquire, retain, and monetize users across mobile, connected television (CTV), and other digital channels. Some of the games available on its platform are Dominoes Gold, Blackout Bingo, 21 Blitz, and Solitaire Cube, among others. It generates the majority of its revenue from the Skillz segment. Geographically, the company derives its key revenue from the United States.
68GF Score

Get the complete analysis for FIRY

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

$8.36
Price
$7.00
GF Value