Angler Gaming (FRA:0QM) ROIC %: 79.67% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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FRA:0QM Angler Gaming PLC FRA:0QM
58 GF Score
Price €0.33
GF Value €0.23
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Angler Gaming ROIC %?

Angler Gaming FRA:0QM 58 ROIC % is 79.67% as of Mar. 2026. GuruFocus rates FRA:0QM with a GF Score™ of 58/100 and a GF Value™ of €0.23 (Significantly Overvalued). The stock has 7 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Angler Gaming's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 79.67%.

As of today (2026-07-14), Angler Gaming's WACC % is 5.02%. Angler Gaming's ROIC % is 64.17% (calculated using TTM income statement data). Angler Gaming generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Angler Gaming  (FRA:0QM) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Angler Gaming's WACC % is 5.02%. Angler Gaming's ROIC % is 64.17% (calculated using TTM income statement data). Angler Gaming generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Angler Gaming ROIC % Related Terms


Angler Gaming ROIC % Historical Data

* Premium members only.

The historical data trend for Angler Gaming's ROIC % 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.

Angler Gaming ROIC % Chart

Angler Gaming Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.61 -20.43 41.96 42.76 49.09

Angler Gaming Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 67.54 39.74 72.04 59.52 79.67

FRA:0QM vs FLUT, DKNG, SGHC: ROIC % Comparison

For the Gambling subindustry, Angler Gaming's ROIC %, along with its competitors' market caps and ROIC % 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.


Angler Gaming ROIC % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Angler Gaming's ROIC % distribution charts can be found below:

* The bar in red indicates where Angler Gaming's ROIC % falls into.


FRA:0QM
58GF Score
Angler Gaming PLC FRA:0QM
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Angler Gaming ROIC % Calculation

Angler Gaming's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=6.479 * ( 1 - 0.21% )/( (11.322 + 15.021)/ 2 )
=6.4653941/13.1715
=49.09 %

where

Angler Gaming's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=11.644 * ( 1 - 0% )/( (15.021 + 14.211)/ 2 )
=11.644/14.616
=79.67 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 79.67% mean?
Angler Gaming (FRA:0QM) has a ROIC % of 79.67% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Angler Gaming and its competitors.
Is Angler Gaming's ROIC % too high?
Angler Gaming's current ROIC % is 79.67%. The Travel & Leisure industry median ROIC % is 3.77. Angler Gaming's value of 79.67% is 2013.3% above this industry median. Overall, Angler Gaming has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Angler Gaming's ROIC % compare to FLUT and DKNG?
Angler Gaming's ROIC % of 79.67% can be compared against companies in the Travel & Leisure industry. The industry median ROIC % is 3.77. Angler Gaming's value of 79.67% is 2013.3% 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 ROIC % for a Travel & Leisure company?
The median ROIC % among Travel & Leisure companies is 3.77, based on 833 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Angler Gaming's current ROIC % of 79.67% is 2013.3% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Angler Gaming and its competitors. For the Travel & Leisure industry, the median ROIC % is 3.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angler Gaming's current ROIC % is 79.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angler Gaming stock overvalued right now?
Based on GuruFocus' analysis, Angler Gaming (FRA:0QM) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.23, compared to a current price of €0.33 — trading 44.8% above its estimated fair value. The current ROIC % is 79.67% and 2013.3% above the Travel & Leisure industry median of 3.77. Angler Gaming's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Angler Gaming (FRA:0QM), the current ROIC % is 79.67% 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 Angler Gaming (FRA:0QM) Overvalued in 2026?

Based on GuruFocus' analysis, Angler Gaming stock appears to be overvalued. The current stock price of €0.33 is trading 44.8% above its estimated GF Value™ of €0.23. GuruFocus considers Angler Gaming to be Significantly Overvalued.

Key valuation signals for FRA:0QM:

  • ROIC %: 79.67%
  • GF Value™: €0.23 vs. price of €0.33 (44.8% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 2013.3% above the Travel & Leisure median

No single metric tells the full story. See the FRA:0QM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Angler Gaming Business Description

Other Exchanges ANGL:Sweden
Address The Strand, ST Business Centre 120, Level 4, Gzira, MLT
Angler Gaming PLC is a holding company in Malta that invests in companies that offer gaming services over the Internet. The core business activities of the company are to own and administer shareholding in internet gambling companies which directly or through partners offer games to end-users via the Internet. The revenue of the company is generated from Casino revenue, Marketing, and SEO revenue, and Dividend received.
58GF Score

Get the complete analysis for FRA:0QM

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

€0.33
Price
€0.23
GF Value