DLE (TSE:3686) ROCE %: -51.62% (As of Mar. 2026)


TSE:3686 DLE Inc TSE:3686
47 GF Score
Price 円72.00
GF Value 円104.94
Valuation Significantly Undervalued
! 5 Warning Signs
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What is DLE ROCE %?

DLE TSE:3686 +2.86% 47 ROCE % is -51.62% as of Mar. 2026. GuruFocus rates TSE:3686 with a GF Score™ of 47/100 and a GF Value™ of 円104.94 (Significantly Undervalued). The stock has 5 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. DLE's annualized ROCE % for the quarter that ended in Mar. 2026 was -51.62%.

DLE  (TSE:3686) 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.

DLE ROCE % Related Terms

DLE ROCE % Historical Data

* Premium members only.

The historical data trend for DLE'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.

DLE ROCE % Chart

DLE Annual Data
Trend Jun17 Jun18 Jun19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.63 -18.60 -19.84 -27.92 -26.72

DLE Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -23.58 -21.89 -34.48 -5.74 -51.62
TSE:3686
47GF Score
DLE Inc TSE:3686
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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DLE ROCE % Calculation

DLE's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-515.139/( ( (2630.624 - 458.856) + (1829.48 - 144.704) )/ 2 )
=-515.139/( (2171.768+1684.776)/ 2 )
=-515.139/1928.272
=-26.72 %

DLE's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-914.516/( ( (2565.602 - 706.911) + (1829.48 - 144.704) )/ 2 )
=-914.516/( ( 1858.691 + 1684.776 )/ 2 )
=-914.516/1771.7335
=-51.62 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 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 -51.62% mean?
DLE (TSE:3686) has a ROCE % of -51.62% as of Mar. 2026.
Is DLE's ROCE % too high?
DLE's current ROCE % is -51.62%. Overall, DLE has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DLE's ROCE % compare to NFLX and DIS?
DLE's ROCE % of -51.62% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.08, based on 981 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 Media - Diversified industry, the median ROCE % is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DLE's current ROCE % is -51.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DLE stock overvalued right now?
Based on GuruFocus' analysis, DLE (TSE:3686) is currently considered Significantly Undervalued. The stock's GF Value™ is 円104.94, compared to a current price of 円72.00 — trading 31.4% below its estimated fair value. The current ROCE % is -51.62%. DLE's overall GF Score™ is 47/100 with 5 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 DLE (TSE:3686), the current ROCE % is -51.62% as of Mar. 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 DLE (TSE:3686) Overvalued in 2026?

Based on GuruFocus' analysis, DLE stock appears to be undervalued. The current stock price of 円72.00 is trading 31.4% below its estimated GF Value™ of 円104.94. GuruFocus considers DLE to be Significantly Undervalued.

Key valuation signals for TSE:3686:

  • ROCE %: -51.62%
  • GF Value™: 円104.94 vs. price of 円72.00 (31.4% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the TSE:3686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

DLE Business Description

Address 3-3-4 Kojimachi, 7th Floor, KDX Kojimachi Building, Chiyoda-ku, Tokyo, JPN, 102-0083
DLE Inc is engaged in the entertainment business. It provides advertising and marketing services in Japan. The company's activities include animation, live entertainment, music, mobile apps, game development, and event planning. Further, it is also involved in the operation of in-house studios.
47GF Score

Get the complete analysis for TSE:3686

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

円72.00
Price
円104.94
GF Value