Intelligent WaveTSE:4847 +0.32%83 ROE % is 19.83% as of Dec. 2025, which is 73% above its 10-year median of 11.49. GuruFocus rates TSE:4847 with a GF Score™ of 83/100 and a GF Value™ of 円1,188.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,677 Software companies, Intelligent Wave ranks better than 70.75% on this metric.
The historical rank and industry rank for Intelligent Wave's ROE % or its related term are showing as below:
TSE:4847'
s ROE % Range Over the Past 10 Years
Min: 6.64 Med: 11.49 Max: 15.77
Current: 13.57
During the past 13 years, Intelligent Wave's highest ROE % was 15.77%. The lowest was 6.64%. And the median was 11.49%.
TSE:4847's ROE % is ranked better than 70.75% of 2677
companies
in the Software industry
Industry Median: 4.69
vs TSE:4847: 13.57
Intelligent Wave (TSE:4847) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Intelligent Wave ROE % Related Terms
Intelligent Wave ROE % Historical Data
* Premium members only.
The historical data trend for Intelligent Wave's ROE % 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.
For the Software - Infrastructure subindustry, Intelligent Wave's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Intelligent Wave ROE % vs Software Industry
For the Software industry and Technology sector, Intelligent Wave's ROE % distribution charts can be found below:
* The bar in red indicates where Intelligent Wave's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Intelligent Wave (TSE:4847) has a ROE % of 19.83% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Intelligent Wave and its competitors. This is 73% above median its historical median of 11.49. Over the past decade, Intelligent Wave's ROE % has ranged from 6.64 to 15.77. According to the industry distribution chart, Intelligent Wave ranks #783 out of 2677 companies in the Software industry, placing it in the top 29.2%.
Is Intelligent Wave's ROE % too high?
Intelligent Wave's current ROE % of 19.83% is 73% above median its 10-year median of 11.49. Over the past 10 years, this metric has ranged from a low of 6.64 to a high of 15.77. The Software industry median ROE % is 4.69. Intelligent Wave's value of 19.83% is 322.8% above this industry median. Based on the distribution chart, Intelligent Wave ranks #783 out of 2677 companies in the Software industry, which is above the industry midpoint. Overall, Intelligent Wave has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intelligent Wave's ROE % compare to MSFT and ORCL?
According to the Software industry distribution chart, Intelligent Wave ranks #783 out of 2677 companies for ROE %. This puts Intelligent Wave in the upper half of its industry. The industry median ROE % is 4.69. Intelligent Wave's value of 19.83% is 322.8% above this benchmark. Historically, Intelligent Wave's own ROE % has ranged from 6.64 to 15.77 over the past decade. While the company's 10-year median is 11.49 vs. the industry median of 4.69, Intelligent Wave has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Software company?
The median ROE % among Software companies is 4.69, based on 2,677 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Intelligent Wave's current ROE % of 19.83% is 322.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Intelligent Wave and its competitors. For the Software industry, the median ROE % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intelligent Wave's current ROE % is 19.83%, which is 73% above median its own 10-year median of 11.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intelligent Wave stock overvalued right now?
Based on GuruFocus' analysis, Intelligent Wave (TSE:4847) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,188.03, compared to a current price of 円952.00 — trading 19.9% below its estimated fair value. The current ROE % is 19.83%, which is 73% above median its 10-year median of 11.49 and 322.8% above the Software industry median of 4.69. Intelligent Wave's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Intelligent Wave (TSE:4847), the current ROE % is 19.83% as of Dec. 2025. 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 Intelligent Wave (TSE:4847) Overvalued in 2026?
Based on GuruFocus' analysis, Intelligent Wave stock appears to be undervalued.
The current stock price of 円952.00 is trading 19.9% below its estimated GF Value™ of 円1,188.03.
GuruFocus considers Intelligent Wave to be Modestly Undervalued.
Key valuation signals for TSE:4847:
ROE %: 19.83% (73% above median its 10-year median of 11.49)
GF Value™: 円1,188.03 vs. price of 円952.00 (19.9% below fair value)
Industry Position: 322.8% above the Software median (#783 of 2677)
No single metric tells the full story. See the TSE:4847 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intelligent Wave Inc is engaged in sales of system development services and system products, including hardware and software. It operates in two business segments including the Financial Systems Solutions business, and the Product Solutions business. In the Financial Systems Solutions business, it offers value-added system development, through software and hardware integration, and maintenance services for customers operating primarily in the financial services industry. In the Product Solutions business, it deploys and maintains high value-added systems for data security and other solutions based on the in-house developed product as well as system software procured from third parties for customers operating in a range of industries and fields.
83GF Score
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