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Ten Square GamesWAR:TEN +1.68%83 3-Year ROIIC % is 19.35 as of Dec. 2025, which is 21% below its 10-year median of 24.64. GuruFocus rates WAR:TEN with a GF Score™ of 83/100 and a GF Value™ of zł85.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 531 Interactive Media companies, Ten Square Games ranks better than 62.71% 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.
Ten Square Games's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 19.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ten Square Games's 3-Year ROIIC % or its related term are showing as below:
WAR:TEN's 3-Year ROIIC % is ranked better than 62.71% of 531
companies
in the Interactive Media industry
Industry Median: 3.45
vs WAR:TEN: 19.35
Ten Square Games (WAR:TEN) 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.
Ten Square Games 3-Year ROIIC % Related Terms
Ten Square Games 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Ten Square 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.
WAR:TEN vs NTES, EA, TTWO: 3-Year ROIIC % Comparison
For the Electronic Gaming & Multimedia subindustry, Ten Square 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.
Ten Square Games 3-Year ROIIC % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Ten Square Games's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ten Square Games's 3-Year ROIIC % falls into.
* 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.
Ten Square Games (WAR:TEN) has a 3-Year ROIIC % of 19.35 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 Ten Square Games and its competitors. This is 21% below median its historical median of 24.64. According to the industry distribution chart, Ten Square Games ranks #198 out of 531 companies in the Interactive Media industry, placing it in the top 37.3%.
Is Ten Square Games' 3-Year ROIIC % too high?
Ten Square Games' current 3-Year ROIIC % of 19.35 is 21% below median its 10-year median of 24.64. The Interactive Media industry median 3-Year ROIIC % is 3.45. Ten Square Games' value of 19.35 is 460.9% above this industry median. Based on the distribution chart, Ten Square Games ranks #198 out of 531 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Ten Square Games has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ten Square Games' 3-Year ROIIC % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ten Square Games ranks #198 out of 531 companies for 3-Year ROIIC %. This puts Ten Square Games in the upper half of its industry. The industry median 3-Year ROIIC % is 3.45. Ten Square Games' value of 19.35 is 460.9% above this benchmark. While the company's 10-year median is 24.64 vs. the industry median of 3.45, Ten Square Games 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 3.45, 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. Ten Square Games's current 3-Year ROIIC % of 19.35 is 460.9% 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 Ten Square 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. Ten Square Games's current 3-Year ROIIC % is 19.35, which is 21% below median its own 10-year median of 24.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Square Games stock overvalued right now?
Based on GuruFocus' analysis, Ten Square Games (WAR:TEN) is currently considered Fairly Valued. The stock's GF Value™ is zł85.55, compared to a current price of zł90.90 — trading 6.3% above its estimated fair value. The current 3-Year ROIIC % is 19.35, which is 21% below median its 10-year median of 24.64 and 460.9% above the Interactive Media industry median of 3.45. Ten Square Games' overall GF Score™ is 83/100 with 5 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 Ten Square Games (WAR:TEN), the current 3-Year ROIIC % is 19.35 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 Ten Square Games (WAR:TEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ten Square Games stock appears to be overvalued.
The current stock price of zł90.90 is trading 6.3% above its estimated GF Value™ of zł85.55.
GuruFocus considers Ten Square Games to be Fairly Valued.
Key valuation signals for WAR:TEN:
3-Year ROIIC %: 19.35 (21% below median its 10-year median of 24.64)
GF Value™: zł85.55 vs. price of zł90.90 (6.3% above fair value)
Industry Position: 460.9% above the Interactive Media median (#198 of 531)
No single metric tells the full story. See the WAR:TEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ten Square Games SA is a developer of free-to-play mobile games with a focus on hobby genres, including fishing, hunting, and aviation. The company's portfolio includes popular titles such as Fishing Clash, Hunting Clash, Real Flight Simulator, Trophy Hunter, Let's Fish, and Wings of Heroes. The company's source of revenue includes micro-payments, subscriptions, advertisement, and licenses. The company generates the majority of its revenue from the micro-payments.
83GF Score
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