Circlace (TSE:5029) ROCE %: 44.73% (As of Mar. 2026)

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TSE:5029 Circlace Inc TSE:5029
64 GF Score
Price 円748.00
GF Value 円1,084.62
Valuation Possible Value Trap
! 6 Warning Signs
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What is Circlace ROCE %?

Circlace TSE:5029 +6.40% 64 ROCE % is 44.73% as of Mar. 2026. GuruFocus rates TSE:5029 with a GF Score™ of 64/100 and a GF Value™ of 円1,084.62 (Possible Value Trap). The stock has 6 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. Circlace's annualized ROCE % for the quarter that ended in Mar. 2026 was 44.73%.

Circlace  (TSE:5029) 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.

Circlace ROCE % Related Terms

Circlace ROCE % Historical Data

* Premium members only.

The historical data trend for Circlace'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.

Circlace ROCE % Chart

Circlace Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial 50.27 8.92 -5.40 17.07 22.92

Circlace Semi-Annual Data
Mar20 Mar21 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 -4.94 -4.15 38.47 2.38 44.73
TSE:5029
64GF Score
Circlace Inc TSE:5029
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Circlace ROCE % Calculation

Circlace'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 )
=266.242/( ( (1822.576 - 833.769) + (1868.276 - 534.229) )/ 2 )
=266.242/( (988.807+1334.047)/ 2 )
=266.242/1161.427
=22.92 %

Circlace'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 )
=509.504/( ( (1586.43 - 642.442) + (1868.276 - 534.229) )/ 2 )
=509.504/( ( 943.988 + 1334.047 )/ 2 )
=509.504/1139.0175
=44.73 %

(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 44.73% mean?
Circlace (TSE:5029) has a ROCE % of 44.73% as of Mar. 2026.
Is Circlace's ROCE % too high?
Circlace's current ROCE % is 44.73%. The Software industry median ROCE % is 5.29. Circlace's value of 44.73% is 745.6% above this industry median. Overall, Circlace has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Circlace's ROCE % compare to UBER and SHOP?
Circlace's ROCE % of 44.73% can be compared against companies in the Software industry. The industry median ROCE % is 5.29. Circlace's value of 44.73% is 745.6% 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 5.29, 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. Circlace's current ROCE % of 44.73% is 745.6% 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 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Circlace's current ROCE % is 44.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Circlace stock overvalued right now?
Based on GuruFocus' analysis, Circlace (TSE:5029) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,084.62, compared to a current price of 円748.00 — trading 31% below its estimated fair value. The current ROCE % is 44.73% and 745.6% above the Software industry median of 5.29. Circlace's overall GF Score™ is 64/100 with 6 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 Circlace (TSE:5029), the current ROCE % is 44.73% 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 Circlace (TSE:5029) Overvalued in 2026?

Based on GuruFocus' analysis, Circlace stock appears to be undervalued. The current stock price of 円748.00 is trading 31% below its estimated GF Value™ of 円1,084.62. GuruFocus considers Circlace to be Possible Value Trap.

Key valuation signals for TSE:5029:

  • ROCE %: 44.73%
  • GF Value™: 円1,084.62 vs. price of 円748.00 (31% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 745.6% above the Software median

No single metric tells the full story. See the TSE:5029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Circlace Business Description

Address 2-1-3 Nihonbashi, 6th Floor, Urbannet Nihonbashi 2-chome Building, Chuo-ku, Tokyo, JPN, 103-0027
Circlace Inc is engaged in multiple businesses that promote corporate digital transformation by utilizing IT technologies, such as Salesforce, Anaplan, ServiceNow, AWS, and Microsoft, and the development of its own SaaS cloud service AGAVE. The company's reportable segments are the Consulting business and the AoraNow business. The majority of its revenue is generated from the Consulting business, which provides comprehensive support to client companies in areas such as business design, system construction, data utilization, organizational reform, and human resource development through the introduction and utilization of cloud technologies such as Salesforce, Anaplan, AGAVE, AWS, and Microsoft. The AoraNow business supports the introduction and operation of ServiceNow.
64GF Score

Get the complete analysis for TSE:5029

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

円748.00
Price
円1,084.62
GF Value