Warabeya Nichiyo Holdings Co (TSE:2918) ROCE % : 4.89% (As of Nov. 2023)

View and export this data going back to 1999. Start your Free Trial

What is Warabeya Nichiyo Holdings 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. Warabeya Nichiyo Holdings Co's annualized ROCE % for the quarter that ended in Nov. 2023 was 4.89%.

Warabeya Nichiyo Holdings Co ROCE % Historical Data

The historical data trend for Warabeya Nichiyo 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.

* Premium members only.

Warabeya Nichiyo Holdings Co ROCE % Chart

Warabeya Nichiyo Holdings Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

Get a 7-Day Free Trial

1.78

3.37

3.58

8.07

6.61

Warabeya Nichiyo Holdings Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															6.97	0.85	13.20	10.47	4.89

Warabeya Nichiyo Holdings Co ROCE % Calculation

Warabeya Nichiyo Holdings Co's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	4335	/	( ( (82184 - 21539)	+	(92684 - 22079) )	/ 2 )
	=	4335	/	( (60645	+	70605)	/ 2 )
	=	4335	/	65625
	=	6.61 %

Warabeya Nichiyo Holdings Co's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	3632	/	( ( (99214 - 25076)	+	(98976 - 24570) )	/ 2 )
	=	3632	/	( ( 74138	+	74406 )	/ 2 )
	=	3632	/	74272
	=	4.89 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2023) EBIT data.

Warabeya Nichiyo Holdings Co (TSE:2918) 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.

Warabeya Nichiyo Holdings Co ROCE % Related Terms

Thank you for viewing the detailed overview of Warabeya Nichiyo Holdings Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Warabeya Nichiyo Holdings Co (TSE:2918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Warabeya Nichiyo Holdings Co Ltd (TSE:2918) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7-10 Ogawahigashi-cho, Kodaira-shi, Tokyo, JPN, 187-8503

Website

http://www.warabeya.co.jp

Warabeya Nichiyo Holdings Co Ltd is a Japan-based company engaged in manufacturing and sale of ready-made food products. It produces ready-to-eat meals for convenience stores which includes bento meal boxes, onigiri rice balls, and side dishes. The food products offered by the group are bento meal boxes, onigiri rice balls and sushi, chilled bento meal boxes, bread products, side dishes and noodles, and chilled Japanese sweets. The organization has business operations in Japan and in international countries. The segments of the company are Food Products Business, Food Ingredients Business, and Logistics Business. The Food Products business segment includes manufacturing and sales of cooked food and Logistics business segment relates to food delivery.

Warabeya Nichiyo Holdings Co (TSE:2918) Headlines

No Headlines