Sakata Seed (TSE:1377) ROCE % : 7.23% (As of Feb. 2024)

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What is Sakata Seed ROCE %?

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. Sakata Seed's annualized ROCE % for the quarter that ended in Feb. 2024 was 7.23%.

Sakata Seed ROCE % Historical Data

The historical data trend for Sakata Seed'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.

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Sakata Seed ROCE % Chart

Sakata Seed Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

ROCE %

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8.91

7.66

8.90

13.38

9.08

Sakata Seed Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															7.53	9.42	8.21	6.47	7.23

Sakata Seed ROCE % Calculation

Sakata Seed's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	12564	/	( ( (147423 - 16105)	+	(160715 - 15434) )	/ 2 )
	=	12564	/	( (131318	+	145281)	/ 2 )
	=	12564	/	138299.5
	=	9.08 %

Sakata Seed's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	11380	/	( ( (174741 - 17658)	+	(179068 - 21365) )	/ 2 )
	=	11380	/	( ( 157083	+	157703 )	/ 2 )
	=	11380	/	157393
	=	7.23 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

Sakata Seed (TSE:1377) 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.

Sakata Seed ROCE % Related Terms

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Sakata Seed (TSE:1377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sakata Seed Corp (TSE:1377) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-7-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-0041

Website

http://www.sakataseed.co.jp

Sakata Seed Corporation produces and sells multiple flower and vegetable seeds and various gardening materials. The company has locations all over the globe and sells the seeds to distributors and other producers. Gardening materials may be sold through home improvement retailers, mail-order sales, and garden shops. Additionally, Sakata Seed provides miscellaneous activities, such as landscaping, temporary staffing, and other activities associated with cultivating land. It invests in research and development to monitor breeding and develop new seed varieties and has enhanced revenue by entering into contracts to construct greenhouse and agricultural facilities.

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