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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Circlace's Enterprise Value is 円2,857 Mil.
Circlace's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円266 Mil. Therefore, Circlace's EV-to-EBIT ratio for today is 10.73.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Circlace's Enterprise Value is 円2,857 Mil.
Circlace's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円330 Mil. Therefore, Circlace's EV-to-EBITDA ratio for today is 8.65.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Circlace's Enterprise Value is 円2,857 Mil.
Circlace's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,540 Mil. Therefore, Circlace's EV-to-Revenue ratio for today is 0.63.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Circlace's Enterprise Value is 円2,857 Mil.
Circlace's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円-306 Mil. Therefore, Circlace's EV-to-FCF ratio for today is -9.34.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Circlace (TSE:5029) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Circlace's current Enterprise Value is 円2,857 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Circlace's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円266 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Circlace's current Enterprise Value is 円2,857 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Circlace's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円330 Mil.
Circlace's current Enterprise Value is 円2,857 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Circlace's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,540 Mil.
Circlace's current Enterprise Value is 円2,857 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Circlace's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 円-57 Mil.
Circlace's current Enterprise Value is 円2,857 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Circlace's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was 円-306 Mil.
* 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.
Circlace Enterprise Value Related Terms
Circlace Enterprise Value Historical Data
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The historical data trend for Circlace's Enterprise Value 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.
TSE:5029 vs UBER, SHOP, CRM: Enterprise Value Comparison
For the Software - Application subindustry, Circlace's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Circlace Enterprise Value vs Software Industry
For the Software industry and Technology sector, Circlace's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Circlace's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Circlace's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Circlace (TSE:5029) has a Enterprise Value of 円2,857 Mil as of Jul. 14, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Circlace and its competitors.
Is Circlace's Enterprise Value too high?
Circlace's current Enterprise Value is 円2,857 Mil. Overall, Circlace has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Circlace's Enterprise Value compare to UBER and SHOP?
Circlace's Enterprise Value of 円2,857 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Circlace and its competitors. Circlace's current Enterprise Value is 円2,857 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circlace stock overvalued right now?
Based on GuruFocus' analysis, Circlace (TSE:5029) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,084.62, compared to a current price of 円748.00 — trading 31% below its estimated fair value. The current Enterprise Value is 円2,857 Mil. Circlace's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Circlace (TSE:5029), the current Enterprise Value is 円2,857 Mil as of Jul. 14, 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 Circlace (TSE:5029) Overvalued in 2026?
Based on GuruFocus' analysis, Circlace stock appears to be undervalued.
The current stock price of 円748.00 is trading 31% below its estimated GF Value™ of 円1,084.62.
GuruFocus considers Circlace to be Possible Value Trap.
Key valuation signals for TSE:5029:
Enterprise Value: 円2,857 Mil
GF Value™: 円1,084.62 vs. price of 円748.00 (31% below fair value)
No single metric tells the full story. See the TSE:5029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Circlace Inc is engaged in multiple businesses that promote corporate digital transformation by utilizing IT technologies, such as Salesforce, Anaplan, ServiceNow, AWS, and Microsoft, and the development of its own SaaS cloud service AGAVE. The company's reportable segments are the Consulting business and the AoraNow business. The majority of its revenue is generated from the Consulting business, which provides comprehensive support to client companies in areas such as business design, system construction, data utilization, organizational reform, and human resource development through the introduction and utilization of cloud technologies such as Salesforce, Anaplan, AGAVE, AWS, and Microsoft. The AoraNow business supports the introduction and operation of ServiceNow.
64GF Score
Get the complete analysis for TSE:5029
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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