Abalance (TSE:3856) ROCE %: 23.71% (As of Mar. 2026)

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TSE:3856 Abalance Corp TSE:3856
66 GF Score
Price 円233.00
GF Value 円835.13
Valuation Possible Value Trap
! 4 Warning Signs
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What is Abalance ROCE %?

Abalance TSE:3856 -11.72% 66 ROCE % is 23.71% as of Mar. 2026. GuruFocus rates TSE:3856 with a GF Score™ of 66/100 and a GF Value™ of 円835.13 (Possible Value Trap). The stock has 4 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. Abalance's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.71%.

Abalance  (TSE:3856) 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.

Abalance ROCE % Related Terms

Abalance ROCE % Historical Data

* Premium members only.

The historical data trend for Abalance'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.

Abalance ROCE % Chart

Abalance Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 14.83 14.77 43.68 47.76

Abalance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 5.86 37.99 35.34 0.00 23.71
TSE:3856
66GF Score
Abalance Corp TSE:3856
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Abalance ROCE % Calculation

Abalance's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=26328/( ( (143691 - 100356) + (150173 - 83261) )/ 2 )
=26328/( (43335+66912)/ 2 )
=26328/55123.5
=47.76 %

Abalance'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: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=15996/( ( (169239 - 103830) + (168904 - 99369) )/ 2 )
=15996/( ( 65409 + 69535 )/ 2 )
=15996/67472
=23.71 %

(1) Note: The EBIT data used here is four times the quarterly (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 23.71% mean?
Abalance (TSE:3856) has a ROCE % of 23.71% as of Mar. 2026.
Is Abalance's ROCE % too high?
Abalance's current ROCE % is 23.71%. The Software industry median ROCE % is 5.61. Abalance's value of 23.71% is 323% above this industry median. Overall, Abalance has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Abalance's ROCE % compare to CRM and SHOP?
Abalance's ROCE % of 23.71% can be compared against companies in the Software industry. The industry median ROCE % is 5.61. Abalance's value of 23.71% is 323% above this benchmark. 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 Software company?
The median ROCE % among Software companies is 5.61, based on 2,720 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. Abalance's current ROCE % of 23.71% is 323% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abalance's current ROCE % is 23.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abalance stock overvalued right now?
Based on GuruFocus' analysis, Abalance (TSE:3856) is currently considered Possible Value Trap. The stock's GF Value™ is 円835.13, compared to a current price of 円233.00 — trading 72.1% below its estimated fair value. The current ROCE % is 23.71% and 323% above the Software industry median of 5.61. Abalance's overall GF Score™ is 66/100 with 4 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 Abalance (TSE:3856), the current ROCE % is 23.71% 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 Abalance (TSE:3856) Overvalued in 2026?

Based on GuruFocus' analysis, Abalance stock appears to be undervalued. The current stock price of 円233.00 is trading 72.1% below its estimated GF Value™ of 円835.13. GuruFocus considers Abalance to be Possible Value Trap.

Key valuation signals for TSE:3856:

  • ROCE %: 23.71%
  • GF Value™: 円835.13 vs. price of 円233.00 (72.1% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 323% above the Software median

No single metric tells the full story. See the TSE:3856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Abalance Business Description

Address Higashi Shinagawa 2 - 4 Shinagawa - ku, Tenkouzu First, Tower 5th Floor, Tokyo, JPN, 140-0002
Abalance Corp is a Japan-based software company. It operates in three business divisions including Information technology (IT) division that provides outsourcing services and consulting, Solar power generation division is engaged in planning, manufacturing, import, export, and sale of products related to solar power generation system, smart grid system, and Construction machine sales business is engaged in the leasing and rental business of construction equipment in the Japan and overseas markets.
66GF Score

Get the complete analysis for TSE:3856

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

円233.00
Price
円835.13
GF Value