Ebara (EBCOF) ROCE % : 22.16% (As of Dec. 2023)

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What is Ebara 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. Ebara's annualized ROCE % for the quarter that ended in Dec. 2023 was 22.16%.

Ebara ROCE % Historical Data

The historical data trend for Ebara'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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Ebara ROCE % Chart

Ebara Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.76

10.83

15.64

17.10

Ebara 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															25.88	14.48	16.12	18.70	22.16

Ebara ROCE % Calculation

Ebara'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 )
	=	618.788	/	( ( (6137.57 - 2735.638)	+	(6347.343 - 2513.976) )	/ 2 )
	=	618.788	/	( (3401.932	+	3833.367)	/ 2 )
	=	618.788	/	3617.6495
	=	17.10 %

Ebara'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 )
	=	811.548	/	( ( (5981.947 - 2489.831)	+	(6347.343 - 2513.976) )	/ 2 )
	=	811.548	/	( ( 3492.116	+	3833.367 )	/ 2 )
	=	811.548	/	3662.7415
	=	22.16 %

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

Ebara (OTCPK:EBCOF) 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.

Ebara ROCE % Related Terms

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Ebara (EBCOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ebara Corp (OTCPK:EBCOF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EBCOY:USA 6361:Japan EAR:Germany

Address

11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, JPN, 144-8510

Website

http://www.ebara.co.jp

Ebara Corp is a Japan-based company that operates through three business segments. The fluid machinery and systems business provides pumps, compressors, refrigeration, blowers, cooling towers, energy-related systems, machinery plants, and other related solutions. The environmental engineering business is involved in engineering, building, operating, and maintaining environmental and energy-related infrastructure. The precision machinery business develops and manufactures vacuum pumps, chemical mechanical polishing systems, plating systems, and other semiconductor manufacturing equipment and components. The company generates the majority of its revenue from Japan andthe rest of Asia.

Ebara (EBCOF) Headlines

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