Road StudioWAR:RST +8.16%48 3-Year ROIIC % is 34.66 as of Dec. 2025, which is 182% above its 10-year median of 12.31. GuruFocus rates WAR:RST with a GF Score™ of 48/100 and a GF Value™ of zł19.36 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 530 Interactive Media companies, Road Studio ranks better than 73.02% 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.
Road Studio's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 34.66%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Road Studio's 3-Year ROIIC % or its related term are showing as below:
WAR:RST's 3-Year ROIIC % is ranked better than 73.02% of 530
companies
in the Interactive Media industry
Industry Median: 3.465
vs WAR:RST: 34.66
Road Studio (WAR:RST) 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.
Road Studio 3-Year ROIIC % Related Terms
Road Studio 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Road Studio'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.
WAR:RST vs NTES, EA, TTWO: 3-Year ROIIC % Comparison
For the Electronic Gaming & Multimedia subindustry, Road Studio'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.
Road Studio 3-Year ROIIC % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Road Studio's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Road Studio's 3-Year ROIIC % falls into.
Road Studio'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**
=
( -0.9988979 (Dec. 2025) - -0.706 (Dec. 2022) )
/
( 4.888 (Dec. 2025) - 5.733 (Dec. 2022) )
=
-0.2928979
/
-0.845
=
34.66%***
* 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.
Road Studio (WAR:RST) has a 3-Year ROIIC % of 34.66 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 Road Studio and its competitors. This is 182% above median its historical median of 12.31. According to the industry distribution chart, Road Studio ranks #143 out of 530 companies in the Interactive Media industry, placing it in the top 27%.
Is Road Studio's 3-Year ROIIC % too high?
Road Studio's current 3-Year ROIIC % of 34.66 is 182% above median its 10-year median of 12.31. The Interactive Media industry median 3-Year ROIIC % is 3.47. Road Studio's value of 34.66 is 900.3% above this industry median. Based on the distribution chart, Road Studio ranks #143 out of 530 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Road Studio has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Road Studio's 3-Year ROIIC % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Road Studio ranks #143 out of 530 companies for 3-Year ROIIC %. This puts Road Studio in the upper half of its industry. The industry median 3-Year ROIIC % is 3.47. Road Studio's value of 34.66 is 900.3% above this benchmark. While the company's 10-year median is 12.31 vs. the industry median of 3.47, Road Studio has consistently been above the industry average. 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 3.47, based on 530 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. Road Studio's current 3-Year ROIIC % of 34.66 is 900.3% 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 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 Road Studio and its competitors. For the Interactive Media industry, the median 3-Year ROIIC % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Road Studio's current 3-Year ROIIC % is 34.66, which is 182% above median its own 10-year median of 12.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Road Studio stock overvalued right now?
Based on GuruFocus' analysis, Road Studio (WAR:RST) is currently considered Possible Value Trap. The stock's GF Value™ is zł19.36, compared to a current price of zł5.30 — trading 72.6% below its estimated fair value. The current 3-Year ROIIC % is 34.66, which is 182% above median its 10-year median of 12.31 and 900.3% above the Interactive Media industry median of 3.47. Road Studio's overall GF Score™ is 48/100 with 1 warning sign 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 Road Studio (WAR:RST), the current 3-Year ROIIC % is 34.66 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 Road Studio (WAR:RST) Overvalued in 2026?
Based on GuruFocus' analysis, Road Studio stock appears to be undervalued.
The current stock price of zł5.30 is trading 72.6% below its estimated GF Value™ of zł19.36.
GuruFocus considers Road Studio to be Possible Value Trap.
Key valuation signals for WAR:RST:
3-Year ROIIC %: 34.66 (182% above median its 10-year median of 12.31)
GF Value™: zł19.36 vs. price of zł5.30 (72.6% below fair value)
Industry Position: 900.3% above the Interactive Media median (#143 of 530)
No single metric tells the full story. See the WAR:RST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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