Honeys Holdings Co (TSE:2792) ROCE % : 2.94% (As of Feb. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Honeys Holdings 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. Honeys Holdings Co's annualized ROCE % for the quarter that ended in Feb. 2024 was 2.94%.

Honeys Holdings Co ROCE % Historical Data

The historical data trend for Honeys Holdings 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.

Honeys Holdings Co ROCE % Chart

Honeys Holdings Co Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

ROCE %

Get a 7-Day Free Trial

13.17

7.65

9.93

12.64

18.22

Honeys Holdings 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															4.28	39.15	14.73	18.05	2.94

Honeys Holdings Co ROCE % Calculation

Honeys Holdings Co's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	7670.816	/	( ( (46579.272 - 5925.259)	+	(50144.553 - 6575.803) )	/ 2 )
	=	7670.816	/	( (40654.013	+	43568.75)	/ 2 )
	=	7670.816	/	42111.3815
	=	18.22 %

Honeys Holdings Co's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	1302.204	/	( ( (49900.763 - 5539.146)	+	(48415.834 - 4104.437) )	/ 2 )
	=	1302.204	/	( ( 44361.617	+	44311.397 )	/ 2 )
	=	1302.204	/	44336.507
	=	2.94 %

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

Honeys Holdings Co (TSE:2792) 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.

Honeys Holdings Co ROCE % Related Terms

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

Honeys Holdings Co (TSE:2792) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Honeys Holdings Co Ltd (TSE:2792) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kuranaka Character 1 of 7 Natsumoto 27, Kashima cho, Fukushima Prefecture, Iwaki City, JPN, 971-8141

Website

http://www.honeys.co.jp

Honeys Holdings Co Ltd is a Japan-based company, engages in the planning, manufacturing, and selling of women's clothing and fashion accessories The company offers its products under the brands named CINEMA CLUB, GLACIER, COLZA and Comfort Basic through specialty retail stores located in suburban shopping malls and station buildings, as well as online shopping site.

Honeys Holdings Co (TSE:2792) Headlines

No Headlines