Nitro Games (OSTO:NITRO) ROE %: 11.41% (As of Mar. 2026)


OSTO:NITRO Nitro Games PLC OSTO:NITRO
59 GF Score
Price kr2.00
GF Value kr1.44
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nitro Games ROE %?

Nitro Games OSTO:NITRO -6.10% 59 ROE % is 11.41% as of Mar. 2026. GuruFocus rates OSTO:NITRO with a GF Score™ of 59/100 and a GF Value™ of kr1.44 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 534 Interactive Media companies, Nitro Games ranks better than 59.74% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nitro Games's annualized net income for the quarter that ended in Mar. 2026 was kr3.32 Mil. Nitro Games's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr29.05 Mil. Therefore, Nitro Games's annualized ROE % for the quarter that ended in Mar. 2026 was 11.41%.

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

OSTO:NITRO' s ROE % Range Over the Past 10 Years
Min: -273.98   Med: -151.39   Max: 23.61
Current: 6.22

During the past 11 years, Nitro Games's highest ROE % was 23.61%. The lowest was -273.98%. And the median was -151.39%.

OSTO:NITRO's ROE % is ranked better than
59.74% of 534 companies
in the Interactive Media industry
Industry Median: 2.345 vs OSTO:NITRO: 6.22

Nitro Games  (OSTO:NITRO) 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
=3.316/29.0505
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.316 / 64.54)*(64.54 / 70.636)*(70.636 / 29.0505)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.14 %*0.9137*2.4315
=ROA %*Equity Multiplier
=4.7 %*2.4315
=11.41 %

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
=3.316/29.0505
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3.316 / 3.316) * (3.316 / 4.396) * (4.396 / 64.54) * (64.54 / 70.636) * (70.636 / 29.0505)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.7543 * 6.81 % * 0.9137 * 2.4315
=11.41 %

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.


Nitro Games ROE % Related Terms


Nitro Games ROE % Historical Data

* Premium members only.

The historical data trend for Nitro Games'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.

Nitro Games ROE % Chart

Nitro Games Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -107.43 -169.84 -273.98 23.61 5.32

Nitro Games 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 9.30 -81.44 27.93 64.04 11.41

OSTO:NITRO vs NTES, EA, TTWO: ROE % Comparison

For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.


Nitro Games ROE % vs Interactive Media Industry

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

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


OSTO:NITRO
59GF Score
Nitro Games PLC OSTO:NITRO
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitro Games ROE % Calculation

Nitro Games'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 )
=1.491/( (27.422+28.62)/ 2 )
=1.491/28.021
=5.32 %

Nitro Games'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 )
=3.316/( (28.62+29.481)/ 2 )
=3.316/29.0505
=11.41 %

* 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 11.41% mean?
Nitro Games (OSTO:NITRO) has a ROE % of 11.41% 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 Nitro Games and its competitors. According to the industry distribution chart, Nitro Games ranks #215 out of 534 companies in the Interactive Media industry, placing it in the top 40.3%.
Is Nitro Games' ROE % too high?
Nitro Games' current ROE % is 11.41%. The Interactive Media industry median ROE % is 2.35. Nitro Games' value of 11.41% is 386.6% above this industry median. Based on the distribution chart, Nitro Games ranks #215 out of 534 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Nitro Games has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' ROE % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #215 out of 534 companies for ROE %. This puts Nitro Games in the upper half of its industry. The industry median ROE % is 2.35. Nitro Games' value of 11.41% is 386.6% 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 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. Nitro Games's current ROE % of 11.41% is 386.6% 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 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 Nitro Games 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. Nitro Games's current ROE % is 11.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.44, compared to a current price of kr2.00 — trading 38.9% above its estimated fair value. The current ROE % is 11.41% and 386.6% above the Interactive Media industry median of 2.35. Nitro Games' overall GF Score™ is 59/100 with 8 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 Nitro Games (OSTO:NITRO), the current ROE % is 11.41% 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?

Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued. The current stock price of kr2.00 is trading 38.9% above its estimated GF Value™ of kr1.44. GuruFocus considers Nitro Games to be Significantly Overvalued.

Key valuation signals for OSTO:NITRO:

  • ROE %: 11.41%
  • GF Value™: kr1.44 vs. price of kr2.00 (38.9% above fair value)
  • GF Score™: 59/100 with 8 warning signs
  • Industry Position: 386.6% above the Interactive Media median (#215 of 534)

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


Nitro Games Business Description

Address Juha Vainion katu 2, Kotka, FIN, 48100
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
59GF Score

Get the complete analysis for OSTO:NITRO

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

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