AEON Co (AEON Co) ROCE % : 2.44% (As of Nov. 2023)

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What is AEON 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. AEON Co's annualized ROCE % for the quarter that ended in Nov. 2023 was 2.44%.

AEON Co ROCE % Historical Data

The historical data trend for AEON 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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AEON Co ROCE % Chart

AEON Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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4.87

1.93

3.27

4.02

4.15

AEON Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															5.88	4.39	4.62	2.44	5.76

AEON Co ROCE % Calculation

AEON Co's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	1474.023	/	( ( (92761.114 - 56205.08)	+	(86494.462 - 51952.772) )	/ 2 )
	=	1474.023	/	( (36556.034	+	34541.69)	/ 2 )
	=	1474.023	/	35548.862
	=	4.15 %

AEON 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 )
	=	852.864	/	( ( (88104.654 - 52493.052)	+	(86922.661 - 52656.732) )	/ 2 )
	=	852.864	/	( ( 35611.602	+	34265.929 )	/ 2 )
	=	852.864	/	34938.7655
	=	2.44 %

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

AEON Co (OTCPK:AONNF) 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.

AEON Co ROCE % Related Terms

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AEON Co (AEON Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AEON Co Ltd (OTCPK:AONNF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AONNY:USA 8267:Japan JUS1:Germany

Address

1-5-1 Nakase, Minami-ku, Chiba-shi, Chiba, JPN, 261-8515

Website

http://www.aeon.info

AEON Co Ltd is the holding company of Aeon Group, integrated Japanese retailer, and is active not only in Japan but also throughout countries in the Association of Southeast Asian Nations and China. The business is segmented in four main divisions: supermarket and discount store, drugstore and pharmacy, shopping-center development, and financial sevices. The company's core operations are general merchandise store, supermarket, and convenience-store operations. Aeon is also active in specialty store operations, shopping-center development and operations, and credit card business and services.