Square Enix Holdings Co (TSE:9684) ROCE %: 10.44% (As of Mar. 2026)


TSE:9684 Square Enix Holdings Co Ltd TSE:9684
66 GF Score
Price 円2,344.50
GF Value 円1,850.35
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Square Enix Holdings Co ROCE %?

Square Enix Holdings Co TSE:9684 -0.76% 66 ROCE % is 10.44% as of Mar. 2026. GuruFocus rates TSE:9684 with a GF Score™ of 66/100 and a GF Value™ of 円1,850.35 (Modestly Overvalued). The stock has 1 warning sign 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. Square Enix Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.44%.

Square Enix Holdings Co  (TSE:9684) 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.

Square Enix Holdings Co ROCE % Related Terms

Square Enix Holdings Co ROCE % Historical Data

* Premium members only.

The historical data trend for Square Enix Holdings Co'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.

Square Enix Holdings Co ROCE % Chart

Square Enix Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.46 18.72 5.51 11.73 14.17

Square Enix Holdings Co 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 2.28 7.88 13.56 25.52 10.44
TSE:9684
66GF Score
Square Enix Holdings Co Ltd TSE:9684
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Square Enix Holdings Co ROCE % Calculation

Square Enix Holdings Co'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 )
=50441/( ( (416160 - 67357) + (438018 - 74728) )/ 2 )
=50441/( (348803+363290)/ 2 )
=50441/356046.5
=14.17 %

Square Enix Holdings Co'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 )
=37592/( ( (423370 - 66427) + (438018 - 74728) )/ 2 )
=37592/( ( 356943 + 363290 )/ 2 )
=37592/360116.5
=10.44 %

(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 10.44% mean?
Square Enix Holdings Co (TSE:9684) has a ROCE % of 10.44% as of Mar. 2026.
Is Square Enix Holdings Co's ROCE % too high?
Square Enix Holdings Co's current ROCE % is 10.44%. The Interactive Media industry median ROCE % is 3.15. Square Enix Holdings Co's value of 10.44% is 231.4% above this industry median. Overall, Square Enix Holdings Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Square Enix Holdings Co's ROCE % compare to NTES and EA?
Square Enix Holdings Co's ROCE % of 10.44% can be compared against companies in the Interactive Media industry. The industry median ROCE % is 3.15. Square Enix Holdings Co's value of 10.44% is 231.4% 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 an Interactive Media company?
The median ROCE % among Interactive Media companies is 3.15, based on 545 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. Square Enix Holdings Co's current ROCE % of 10.44% is 231.4% 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 Interactive Media industry, the median ROCE % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Square Enix Holdings Co's current ROCE % is 10.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Square Enix Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Square Enix Holdings Co (TSE:9684) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,850.35, compared to a current price of 円2,344.50 — trading 26.7% above its estimated fair value. The current ROCE % is 10.44% and 231.4% above the Interactive Media industry median of 3.15. Square Enix Holdings Co's overall GF Score™ is 66/100 with 1 warning sign 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 Square Enix Holdings Co (TSE:9684), the current ROCE % is 10.44% 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 Square Enix Holdings Co (TSE:9684) Overvalued in 2026?

Based on GuruFocus' analysis, Square Enix Holdings Co stock appears to be overvalued. The current stock price of 円2,344.50 is trading 26.7% above its estimated GF Value™ of 円1,850.35. GuruFocus considers Square Enix Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:9684:

  • ROCE %: 10.44%
  • GF Value™: 円1,850.35 vs. price of 円2,344.50 (26.7% above fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 231.4% above the Interactive Media median

No single metric tells the full story. See the TSE:9684 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Square Enix Holdings Co Business Description

Address 6-27-30 Shinjuku, Shinjuku East Side Square, Shinjuku-ku, Tokyo, JPN, 160-8430
Square Enix is a Japanese video game publisher and entertainment company that was formed in 2003 through the merger between Square and Enix. The company is best known for its role-playing game franchises such as Final Fantasy, Dragon Quest, Kingdom Hearts, and Nier. The company also operates publishing, merchandise, and amusement businesses.
66GF Score

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

円2,344.50
Price
円1,850.35
GF Value