Metawater Co (FRA:2MW) ROCE % : 11.62% (As of Dec. 2023)

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What is Metawater 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. Metawater Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.62%.

Metawater Co ROCE % Historical Data

The historical data trend for Metawater 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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Metawater Co ROCE % Chart

Metawater Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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12.11

16.07

12.26

11.13

10.76

Metawater Co 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															52.40	-9.66	-0.41	11.62	39.96

Metawater Co ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	65.847	/	( ( (997.103 - 413.893)	+	(1036.824 - 396.024) )	/ 2 )
	=	65.847	/	( (583.21	+	640.8)	/ 2 )
	=	65.847	/	612.005
	=	10.76 %

Metawater 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 )
	=	67.512	/	( ( (834.215 - 291.129)	+	(920.372 - 301.038) )	/ 2 )
	=	67.512	/	( ( 543.086	+	619.334 )	/ 2 )
	=	67.512	/	581.21
	=	11.62 %

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

Metawater Co (FRA:2MW) 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.

Metawater Co ROCE % Related Terms

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Metawater Co (FRA:2MW) Business Description

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9551:Japan

Address

JR Kanda Manseibashi Building 1-25, Kanda-sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041

Website

https://www.metawater.co.jp

Metawater Co Ltd is a Japan-based company, which offers optimum solutions for creating a circulation of water recourses while focusing on the plant engineering business and service solution business. It manufactures mechanical and electrical equipment for water and wastewater treatment. The company operates in two segments; Plant Engineering segment, which involves in the design, procurement and sale of mechanical and electrical equipment, used in water purification plants and sewage treatment plants; and the Service Solution segment involves in the repair, maintenance and operation management of mechanical and electrical equipment used in water purification plants and sewage treatment plants, providing equipment inspection, repair, maintenance, and other services.

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