Enthusiast Gaming Holdings (TSX:EGLX) ROE %: -537.40% (As of Mar. 2026)


What is Enthusiast Gaming Holdings ROE %?

Enthusiast Gaming Holdings TSX:EGLX ROE % is -537.40% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 533 Interactive Media companies, Enthusiast Gaming Holdings ranks worse than 97.75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Enthusiast Gaming Holdings's annualized net income for the quarter that ended in Mar. 2026 was C$-6.17 Mil. Enthusiast Gaming Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$1.15 Mil. Therefore, Enthusiast Gaming Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was -537.40%.

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

TSX:EGLX' s ROE % Range Over the Past 10 Years
Min: -320.52   Med: -59.23   Max: -20.61
Current: -320.52

During the past 8 years, Enthusiast Gaming Holdings's highest ROE % was -20.61%. The lowest was -320.52%. And the median was -59.23%.

TSX:EGLX's ROE % is ranked worse than
97.75% of 533 companies
in the Interactive Media industry
Industry Median: 2.37 vs TSX:EGLX: -320.52

Enthusiast Gaming Holdings  (TSX:EGLX) 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
=-6.172/1.1485
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.172 / 37.78)*(37.78 / 64.366)*(64.366 / 1.1485)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.34 %*0.587*56.0435
=ROA %*Equity Multiplier
=-9.59 %*56.0435
=-537.40 %

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
=-6.172/1.1485
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.172 / -2.64) * (-2.64 / 3.78) * (3.78 / 37.78) * (37.78 / 64.366) * (64.366 / 1.1485)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 2.3379 * -0.6984 * 10.01 % * 0.587 * 56.0435
=-537.40 %

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.


Enthusiast Gaming Holdings ROE % Related Terms


Enthusiast Gaming Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Enthusiast Gaming Holdings'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.

Enthusiast Gaming Holdings ROE % Chart

Enthusiast Gaming Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -25.73 -29.70 -59.23 -98.71 -164.84

Enthusiast Gaming Holdings 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 -49.63 -607.25 405.23 -488.91 -537.40

TSX:EGLX vs GOOGL, META, SPOT: ROE % Comparison

For the Internet Content & Information subindustry, Enthusiast Gaming Holdings'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.


Enthusiast Gaming Holdings ROE % vs Interactive Media Industry

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

* The bar in red indicates where Enthusiast Gaming Holdings's ROE % falls into.



Enthusiast Gaming Holdings ROE % Calculation

Enthusiast Gaming Holdings'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 )
=-44.119/( (51.749+1.782)/ 2 )
=-44.119/26.7655
=-164.84 %

Enthusiast Gaming Holdings'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 )
=-6.172/( (1.782+0.515)/ 2 )
=-6.172/1.1485
=-537.40 %

* 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 -537.40% mean?
Enthusiast Gaming Holdings (TSX:EGLX) has a ROE % of -537.40% 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 Enthusiast Gaming Holdings and its competitors. According to the industry distribution chart, Enthusiast Gaming Holdings ranks #521 out of 533 companies in the Interactive Media industry, placing it in the top 97.7%.
Is Enthusiast Gaming Holdings' ROE % too high?
Enthusiast Gaming Holdings' current ROE % is -537.40%. Based on the distribution chart, Enthusiast Gaming Holdings ranks #521 out of 533 companies in the Interactive Media industry, which is in the bottom quartile relative to peers.
How does Enthusiast Gaming Holdings' ROE % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Enthusiast Gaming Holdings ranks #521 out of 533 companies for ROE %. This places Enthusiast Gaming Holdings in the lower half of its industry. The industry median ROE % is 2.37. 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 2.37, based on 533 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 Enthusiast Gaming Holdings and its competitors. For the Interactive Media industry, the median ROE % is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enthusiast Gaming Holdings's current ROE % is -537.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enthusiast Gaming Holdings stock overvalued right now?
Based on GuruFocus' analysis, Enthusiast Gaming Holdings (TSX:EGLX) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.05, compared to a current price of C$0.06 — trading 20% above its estimated fair value. The current ROE % is -537.40%. 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 Enthusiast Gaming Holdings (TSX:EGLX), the current ROE % is -537.40% 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.

Enthusiast Gaming Holdings Business Description

Other Exchanges EGLXF:USA2AV:Germany
Address 2 St. Clair West, Suite 1000, Toronto, ON, CAN, M4V 1L5
Enthusiast Gaming Holdings Inc operates in the digital media products and events industry segment. The company's principal business activities include media and content, events and subscriptions. Its digital media platform is centered around a portfolio of flagship video gaming related products, including owned and operated websites and casual games, through which the company derives its media and content revenue. The company's events business is comprised of Pocket Gamer Connects, a mobile gaming events series. Its subscription revenue includes owned and operated video gaming related products such as The Sims Resource. The company operates in four geographic locations, namely the USA, England and Wales, Canada and all other countries, with the maximum revenue derived from the USA.