Enechange (TSE:4169) ROCE %: 4.74% (As of Mar. 2026)


TSE:4169 Enechange Ltd TSE:4169
41 GF Score
Price 円213.00
GF Value 円591.44
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Enechange ROCE %?

Enechange TSE:4169 +4.93% 41 ROCE % is 4.74% as of Mar. 2026. GuruFocus rates TSE:4169 with a GF Score™ of 41/100 and a GF Value™ of 円591.44 (Significantly Undervalued). The stock has 2 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. Enechange's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.74%.

Enechange  (TSE:4169) 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.

Enechange ROCE % Related Terms

Enechange ROCE % Historical Data

* Premium members only.

The historical data trend for Enechange'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.

Enechange ROCE % Chart

Enechange Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 0.37 -23.13 -146.27 0.00 -2.02

Enechange Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 -275.40 -125.33 0.00 -8.94 4.74
TSE:4169
41GF Score
Enechange Ltd TSE:4169
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Enechange ROCE % Calculation

Enechange'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 )
=-101.834/( ( (7411.744 - 2393.447) + (7657.775 - 2615.059) )/ 2 )
=-101.834/( (5018.297+5042.716)/ 2 )
=-101.834/5030.5065
=-2.02 %

Enechange'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 )
=231.368/( ( (6532.6 - 1822.031) + (7657.775 - 2615.059) )/ 2 )
=231.368/( ( 4710.569 + 5042.716 )/ 2 )
=231.368/4876.6425
=4.74 %

(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 4.74% mean?
Enechange (TSE:4169) has a ROCE % of 4.74% as of Mar. 2026.
Is Enechange's ROCE % too high?
Enechange's current ROCE % is 4.74%. The Software industry median ROCE % is 5.28. Enechange's value of 4.74% is 10.2% below this industry median. Overall, Enechange has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enechange's ROCE % compare to UBER and SHOP?
Enechange's ROCE % of 4.74% can be compared against companies in the Software industry. The industry median ROCE % is 5.28. Enechange's value of 4.74% is 10.2% below 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 5.28, based on 2,719 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. Enechange's current ROCE % of 4.74% is 10.2% below 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 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enechange's current ROCE % is 4.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enechange stock overvalued right now?
Based on GuruFocus' analysis, Enechange (TSE:4169) is currently considered Significantly Undervalued. The stock's GF Value™ is 円591.44, compared to a current price of 円213.00 — trading 64% below its estimated fair value. The current ROCE % is 4.74% and 10.2% below the Software industry median of 5.28. Enechange's overall GF Score™ is 41/100 with 2 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 Enechange (TSE:4169), the current ROCE % is 4.74% 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 Enechange (TSE:4169) Overvalued in 2026?

Based on GuruFocus' analysis, Enechange stock appears to be undervalued. The current stock price of 円213.00 is trading 64% below its estimated GF Value™ of 円591.44. GuruFocus considers Enechange to be Significantly Undervalued.

Key valuation signals for TSE:4169:

  • ROCE %: 4.74%
  • GF Value™: 円591.44 vs. price of 円213.00 (64% below fair value)
  • GF Score™: 41/100 with 2 warning signs
  • Industry Position: 10.2% below the Software median

No single metric tells the full story. See the TSE:4169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Enechange Business Description

Address 2-6-2 Otemachi, 3rd Floor, Nihon Building, Chiyoda-ku, Tokyo, JPN, 100-0004
Enechange Ltd is a energy switching platform for consumers, and cloud based SaaS applications namely EMAP (digital marketing), SMAP (AI-based smart meter analytics) for energy companies.
41GF Score

Get the complete analysis for TSE:4169

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

円213.00
Price
円591.44
GF Value