CDG Co (TSE:2487) ROCE % : -7.76% (As of Mar. 2024)

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What is CDG Co 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. CDG Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -7.76%.

CDG Co ROCE % Historical Data

The historical data trend for CDG 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.

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CDG Co ROCE % Chart

CDG Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

ROCE %

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11.36

7.24

13.11

10.25

6.26

CDG Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-4.33	8.91	1.45	19.14	-7.76

CDG Co ROCE % Calculation

CDG Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Mar. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Mar. 2022 )		(A: Dec. 2023 )
	=	388.3	/	( ( (6958.642 - 944.286)	+	(7987.84 - 1600.315) )	/ 2 )
	=	388.3	/	( (6014.356	+	6387.525)	/ 2 )
	=	388.3	/	6200.9405
	=	6.26 %

CDG Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-488.04	/	( ( (7987.84 - 1600.315)	+	(7246.417 - 1055.786) )	/ 2 )
	=	-488.04	/	( ( 6387.525	+	6190.631 )	/ 2 )
	=	-488.04	/	6289.078
	=	-7.76 %

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

CDG Co (TSE:2487) 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.

CDG Co ROCE % Related Terms

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CDG Co (TSE:2487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CDG Co Ltd (TSE:2487) » Definitions » ROCE %

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Address

2-2-22 Umeda, Kita-ku, Herbis ENT, 18th Floor, Osaka, JPN, 530-0001

Website

https://www.cdg.co.jp

CDG Co Ltd is engaged in marketing. The company provides total support from planning, development to production and operation of effective promotion activities connecting consumers and users with products and brands. It offers content marketing that makes use of information and worldview of companies and brands as content, effective marketing activities. The company also support strategies on sales channels of products and services from various aspects, such as developing sales channels and building sales floors. Along with this it also gives consulting services that cover issues by analyzing issues related to marketing and sales activities for proposing solutions.

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