enX Group (JSE:ENX) ROCE %: -1.10% (As of Feb. 2026)


JSE:ENX enX Group Ltd JSE:ENX
40 GF Score
Price R2.49
GF Value R0.68
Valuation Significantly Overvalued
! 8 Warning Signs
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What is enX Group ROCE %?

enX Group JSE:ENX 40 ROCE % is -1.10% as of Feb. 2026. GuruFocus rates JSE:ENX with a GF Score™ of 40/100 and a GF Value™ of R0.68 (Significantly Overvalued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. enX Group's annualized ROCE % for the quarter that ended in Feb. 2026 was -1.10%.

enX Group  (JSE:ENX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

enX Group ROCE % Related Terms

enX Group ROCE % Historical Data

* Premium members only.

The historical data trend for enX Group's ROCE % 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.

enX Group ROCE % Chart

enX Group Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 5.48 9.62 1.09 1.14

enX Group Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROCE % 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 6.46 -5.59 1.93 -0.14 -1.10
JSE:ENX
40GF Score
enX Group Ltd JSE:ENX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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enX Group ROCE % Calculation

enX Group's annualized ROCE % for the fiscal year that ended in Aug. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=15.616/( ( (2847.094 - 1060.76) + (1554.243 - 600.985) )/ 2 )
=15.616/( (1786.334+953.258)/ 2 )
=15.616/1369.796
=1.14 %

enX Group's ROCE % of for the quarter that ended in Feb. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=-10.516/( ( (1554.243 - 600.985) + (1507.571 - 551.849) )/ 2 )
=-10.516/( ( 953.258 + 955.722 )/ 2 )
=-10.516/954.49
=-1.10 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of -1.10% mean?
enX Group (JSE:ENX) has a ROCE % of -1.10% as of Feb. 2026.
Is enX Group's ROCE % too high?
enX Group's current ROCE % is -1.10%. Overall, enX Group has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does enX Group's ROCE % compare to GEV and ETN?
enX Group's ROCE % of -1.10% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.09. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.09, based on 3,027 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. enX Group's current ROCE % is -1.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is enX Group stock overvalued right now?
Based on GuruFocus' analysis, enX Group (JSE:ENX) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.68, compared to a current price of R2.49 — trading 266.2% above its estimated fair value. The current ROCE % is -1.10%. enX Group's overall GF Score™ is 40/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For enX Group (JSE:ENX), the current ROCE % is -1.10% as of Feb. 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 enX Group (JSE:ENX) Overvalued in 2026?

Based on GuruFocus' analysis, enX Group stock appears to be overvalued. The current stock price of R2.49 is trading 266.2% above its estimated GF Value™ of R0.68. GuruFocus considers enX Group to be Significantly Overvalued.

Key valuation signals for JSE:ENX:

  • ROCE %: -1.10%
  • GF Value™: R0.68 vs. price of R2.49 (266.2% above fair value)
  • GF Score™: 40/100 with 8 warning signs

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

enX Group Business Description

Address 1 Park Lane, PostNet Suite X86, 9th Floor, Katherine Towers, Private Bag X7, Aston Manor, Sandton, ZAF, 1630
enX Group Ltd is engaged in the manufacture and distribution of quality branded power equipment and the distribution of chemical products. The Company operates through the enX Power (Power) segment, which includes New Way Power, and designs, manufactures, installs, rents and maintains diesel generators, and distributes a range of industrial engines. It also offers cleaner power through solar hybrid and grid alternatives. The Company operates mainly in South Africa.
40GF Score

Get the complete analysis for JSE:ENX

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

R2.49
Price
R0.68
GF Value