Yuken Kogyo Co (TSE:6393) ROCE % : 6.87% (As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

What is Yuken Kogyo 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. Yuken Kogyo Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.87%.

Yuken Kogyo Co ROCE % Historical Data

The historical data trend for Yuken Kogyo 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.

Yuken Kogyo Co ROCE % Chart

Yuken Kogyo Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

8.70

4.55

4.43

9.67

10.72

Yuken Kogyo 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															12.56	1.10	5.67	3.40	6.87

Yuken Kogyo Co ROCE % Calculation

Yuken Kogyo 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 )
	=	3067.623	/	( ( (40527.143 - 13507.726)	+	(40797.64 - 10574.378) )	/ 2 )
	=	3067.623	/	( (27019.417	+	30223.262)	/ 2 )
	=	3067.623	/	28621.3395
	=	10.72 %

Yuken Kogyo 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 )
	=	2172.048	/	( ( (42380.678 - 10780.718)	+	(42457.353 - 10833.146) )	/ 2 )
	=	2172.048	/	( ( 31599.96	+	31624.207 )	/ 2 )
	=	2172.048	/	31612.0835
	=	6.87 %

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

Yuken Kogyo Co (TSE:6393) 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.

Yuken Kogyo Co ROCE % Related Terms

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

Yuken Kogyo Co (TSE:6393) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yuken Kogyo Co Ltd (TSE:6393) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-4-34,Kamitsuchidana - Naka, Kanagawa Prefecture, Ayase, JPN, 252-1113

Website

http://www.yuken.co.jp

Yuken Kogyo Co Ltd is a Japan-based company. It is mainly engaged in the manufacture and sale of hydraulic products and environmental products. It operates in three business divisions including Hydraulic Equipment business, Hydraulic System business, and, Environmental Machinery business. Products offered by Yuken Kogyo include hydraulic pumps, hydraulic motors, proportional electro-hydraulic controls, pressure control valves, flow control valves, directional control valves modular valves, garbage compactor, and separators. It offers hydraulic systems for industrial machine, marine use, special hydraulic power units, and various standard power packs. The company has overseas sales network in China, Asia, America, Europe, and Africa.

Yuken Kogyo Co (TSE:6393) Headlines

No Headlines