Nitro Games (OSTO:NITRO) 3-Year ROIIC % : -174.02% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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OSTO:NITRO Nitro Games PLC OSTO:NITRO
52 GF Score
Price kr2.48
GF Value kr1.42
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nitro Games 3-Year ROIIC %?

Nitro Games OSTO:NITRO -0.40% 52 3-Year ROIIC % is -174.02 as of Dec. 2025. GuruFocus rates OSTO:NITRO with a GF Score™ of 52/100 and a GF Value™ of kr1.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 531 Interactive Media companies, Nitro Games ranks worse than 90.77% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Nitro Games's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -174.02%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Nitro Games's 3-Year ROIIC % or its related term are showing as below:

OSTO:NITRO's 3-Year ROIIC % is ranked worse than
90.77% of 531 companies
in the Interactive Media industry
Industry Median: 3.45 vs OSTO:NITRO: -174.02

Nitro Games  (OSTO:NITRO) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Nitro Games 3-Year ROIIC % Related Terms


Nitro Games 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Nitro Games's 3-Year ROIIC % 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 3-Year ROIIC % Chart

Nitro Games Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.24 -9.53 -4.73 107.74 -174.02

Nitro Games Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 -174.02 0.00

OSTO:NITRO vs NTES, EA, TTWO: 3-Year ROIIC % Comparison

For the Electronic Gaming & Multimedia subindustry, Nitro Games's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nitro Games's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Nitro Games's 3-Year ROIIC % falls into.


OSTO:NITRO
52GF Score
Nitro Games PLC OSTO:NITRO
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitro Games 3-Year ROIIC % Calculation

Nitro Games's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 2.557 (Dec. 2025) - -39.896 (Dec. 2022) )/( 50.537 (Dec. 2025) - 74.932 (Dec. 2022) )
=42.453/-24.395
=-174.02%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -174.02 mean?
Nitro Games (OSTO:NITRO) has a 3-Year ROIIC % of -174.02 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nitro Games and its competitors. According to the industry distribution chart, Nitro Games ranks #482 out of 531 companies in the Interactive Media industry, placing it in the top 90.8%.
Is Nitro Games' 3-Year ROIIC % too high?
Nitro Games' current 3-Year ROIIC % is -174.02. Based on the distribution chart, Nitro Games ranks #482 out of 531 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nitro Games has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' 3-Year ROIIC % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #482 out of 531 companies for 3-Year ROIIC %. This places Nitro Games in the lower half of its industry. The industry median 3-Year ROIIC % is 3.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Interactive Media company?
The median 3-Year ROIIC % among Interactive Media companies is 3.45, based on 531 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Nitro Games and its competitors. For the Interactive Media industry, the median 3-Year ROIIC % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current 3-Year ROIIC % is -174.02. 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 kr1.42, compared to a current price of kr2.48 — trading 74.6% above its estimated fair value. The current 3-Year ROIIC % is -174.02. Nitro Games' overall GF Score™ is 52/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Nitro Games (OSTO:NITRO), the current 3-Year ROIIC % is -174.02 as of Dec. 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?

Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued. The current stock price of kr2.48 is trading 74.6% above its estimated GF Value™ of kr1.42. GuruFocus considers Nitro Games to be Significantly Overvalued.

Key valuation signals for OSTO:NITRO:

  • 3-Year ROIIC %: -174.02
  • GF Value™: kr1.42 vs. price of kr2.48 (74.6% above fair value)
  • GF Score™: 52/100 with 8 warning signs

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.
52GF Score

Get the complete analysis for OSTO:NITRO

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

kr2.48
Price
kr1.42
GF Value