GMO Financial Holdings (TSE:7177) ROCE % : 16.34% (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is GMO Financial Holdings 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. GMO Financial Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 16.34%.

GMO Financial Holdings ROCE % Historical Data

The historical data trend for GMO Financial Holdings'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.

GMO Financial Holdings ROCE % Chart

GMO Financial Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

22.21

25.88

26.73

12.63

15.97

GMO Financial Holdings 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															19.16	19.35	14.35	12.05	16.34

GMO Financial Holdings ROCE % Calculation

GMO Financial Holdings'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: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	14454	/	( ( (991482 - 912783)	+	(1125498 - 1023128) )	/ 2 )
	=	14454	/	( (78699	+	102370)	/ 2 )
	=	14454	/	90534.5
	=	15.97 %

GMO Financial Holdings'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 )
	=	17424	/	( ( (1125498 - 1023128)	+	(1245723 - 1134880) )	/ 2 )
	=	17424	/	( ( 102370	+	110843 )	/ 2 )
	=	17424	/	106606.5
	=	16.34 %

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

GMO Financial Holdings (TSE:7177) 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.

GMO Financial Holdings ROCE % Related Terms

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

GMO Financial Holdings (TSE:7177) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GMO Financial Holdings Inc (TSE:7177) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-3, Dogenzaka, Shibuya Fukuras, Shibuya-ku, Tokyo, JPN, 150-0043

Website

https://www.gmofh.com

GMO Financial Holdings Inc is a Japan-based holding company that is principally engaged in providing financial product trading services in Japan and overseas markets. The company operates through various subsidiaries, such as GMO Click Securities and FX Prime from GMO Corp. in Japan; and GMO-Z.com Forex HK Limited, GMO-Z.com Bullion HK Limited, and GMO-Z.com Trade UK Limited in Hong Kong and the United Kingdom. Through the above subsidiaries, the company is involved in activities including foreign exchange trading, bullion trading, CFD trading, and others.

GMO Financial Holdings (TSE:7177) Headlines

No Headlines