Enghouse Systems (TSX:ENGH) Research & Development: C$92.6 Mil (TTM As of Apr. 2026)


TSX:ENGH Enghouse Systems Ltd TSX:ENGH
60 GF Score
Price C$15.94
GF Value C$26.90
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Enghouse Systems Research & Development?

Enghouse Systems TSX:ENGH +3.31% 60 Research & Development is C$92.6 Mil as of Apr. 2026. GuruFocus rates TSX:ENGH with a GF Score™ of 60/100 and a GF Value™ of C$26.90 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Enghouse Systems's Research & Development for the three months ended in Apr. 2026 was C$22.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 was C$92.6 Mil.

Enghouse Systems  (TSX:ENGH) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Enghouse Systems Research & Development Related Terms

Enghouse Systems Research & Development Historical Data

* Premium members only.

The historical data trend for Enghouse Systems's Research & Development 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.

Enghouse Systems Research & Development Chart

Enghouse Systems Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.20 72.26 79.33 88.83 96.07

Enghouse Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Research & Development 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 25.29 24.17 23.83 21.93 22.64
TSX:ENGH
60GF Score
Enghouse Systems Ltd TSX:ENGH
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enghouse Systems Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$92.6 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of C$92.6 Mil mean?
Enghouse Systems (TSX:ENGH) has a Research & Development of C$92.6 Mil as of Apr. 2026. Research and development expense is the total cost for research and development activities. View historical data on Enghouse Systems and its competitors.
Is Enghouse Systems' Research & Development too high?
Enghouse Systems' current Research & Development is C$92.6 Mil. Overall, Enghouse Systems has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enghouse Systems' Research & Development compare to CRM and SHOP?
Enghouse Systems' Research & Development of C$92.6 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 Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Enghouse Systems and its competitors. Enghouse Systems's current Research & Development is C$92.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enghouse Systems stock overvalued right now?
Based on GuruFocus' analysis, Enghouse Systems (TSX:ENGH) is currently considered Significantly Undervalued. The stock's GF Value™ is C$26.90, compared to a current price of C$15.94 — trading 40.7% below its estimated fair value. The current Research & Development is C$92.6 Mil. Enghouse Systems' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Enghouse Systems (TSX:ENGH), the current Research & Development is C$92.6 Mil as of Apr. 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 Enghouse Systems (TSX:ENGH) Overvalued in 2026?

Based on GuruFocus' analysis, Enghouse Systems stock appears to be undervalued. The current stock price of C$15.94 is trading 40.7% below its estimated GF Value™ of C$26.90. GuruFocus considers Enghouse Systems to be Significantly Undervalued.

Key valuation signals for TSX:ENGH:

  • Research & Development: C$92.6 Mil
  • GF Value™: C$26.90 vs. price of C$15.94 (40.7% below fair value)
  • GF Score™: 60/100 with 4 warning signs

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

Enghouse Systems Business Description

Other Exchanges EGHSF:USA3E4:Germany
Address 80 Tiverton Court, Suite 800, Investor Relations, Markham, ON, CAN, L3R 0G4
Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm's operations are organized in two segments, namely, the Interactive Management Group (IMG) and the Asset Management Group (AMG). It earns the majority of its revenue from Interactive Management Group. IMG specializes in contact center and video software and services designed to enhance customer service by increasing efficiency and managing customer communications across multiple types of interactions, including voice, email, social channels, web chats, text, and videos. The firm has operations in Canada, the United States, the United Kingdom, Europe, excluding Scandinavia, Germany, Asia-Pacific, and other regions, with maximum revenue from the USA.
60GF Score

Get the complete analysis for TSX:ENGH

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

C$15.94
Price
C$26.90
GF Value