Matsumoto Yushi-Seiyaku Co (TSE:4365) ROCE % : 11.44% (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Matsumoto Yushi-Seiyaku 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. Matsumoto Yushi-Seiyaku Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.44%.

Matsumoto Yushi-Seiyaku Co ROCE % Historical Data

The historical data trend for Matsumoto Yushi-Seiyaku 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.

Matsumoto Yushi-Seiyaku Co ROCE % Chart

Matsumoto Yushi-Seiyaku Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

12.19

9.91

8.30

12.50

15.10

Matsumoto Yushi-Seiyaku Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															10.26	11.93	18.16	15.57	11.44

Matsumoto Yushi-Seiyaku Co ROCE % Calculation

Matsumoto Yushi-Seiyaku Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	10044	/	( ( (76207 - 11404)	+	(79190 - 10922) )	/ 2 )
	=	10044	/	( (64803	+	68268)	/ 2 )
	=	10044	/	66535.5
	=	15.10 %

Matsumoto Yushi-Seiyaku Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	8512	/	( ( (85393 - 11917)	+	(85706 - 10425) )	/ 2 )
	=	8512	/	( ( 73476	+	75281 )	/ 2 )
	=	8512	/	74378.5
	=	11.44 %

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

Matsumoto Yushi-Seiyaku Co (TSE:4365) 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.

Matsumoto Yushi-Seiyaku Co ROCE % Related Terms

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

Matsumoto Yushi-Seiyaku Co (TSE:4365) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Matsumoto Yushi-Seiyaku Co Ltd (TSE:4365) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3, 2-chome, Shibukawa-cho, Yao-shi, Osaka, JPN, 581-0075

Website

http://www.mtmtys.co.jp

Matsumoto Yushi-Seiyaku Co Ltd is engaged in production and supply of surface active agents and polymers. Some of the company's products include sizing chemicals for weaving, spin finishes for extrusion spinning, textile spinning and functional surface treatment of fibers, knitting and weaving lubricants, and others.

Matsumoto Yushi-Seiyaku Co (TSE:4365) Headlines

No Headlines