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Management Solutions Co (TSE:7033) ROCE % : 43.28% (As of Apr. 2024)


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What is Management Solutions 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. Management Solutions Co's annualized ROCE % for the quarter that ended in Apr. 2024 was 43.28%.


Management Solutions Co ROCE % Historical Data

The historical data trend for Management Solutions 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.

Management Solutions Co ROCE % Chart

Management Solutions Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
ROCE %
Get a 7-Day Free Trial 27.95 23.19 2.38 39.53 21.56

Management Solutions Co Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.95 48.25 66.05 25.25 43.28

Management Solutions Co ROCE % Calculation

Management Solutions Co's annualized ROCE % for the fiscal year that ended in Oct. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2022 )  (A: Oct. 2021 )(A: Oct. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2022 )  (A: Oct. 2021 )(A: Oct. 2022 )
=754.327/( ( (3807.958 - 1199.958) + (6057.208 - 1666.764) )/ 2 )
=754.327/( (2608+4390.444)/ 2 )
=754.327/3499.222
=21.56 %

Management Solutions Co's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=2184.504/( ( (7032.562 - 2177.459) + (7243.723 - 2004.296) )/ 2 )
=2184.504/( ( 4855.103 + 5239.427 )/ 2 )
=2184.504/5047.265
=43.28 %

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

* 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.


Management Solutions Co  (TSE:7033) 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.


Management Solutions Co ROCE % Related Terms

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Management Solutions Co Business Description

Traded in Other Exchanges
N/A
Address
9-7-1 Midtown Tower 23F, Minato-ku, Akasaka, Tokyo, JPN, 107-6223
Management Solutions Co Ltd is a consulting service provider. The company is engaged in management consulting, project management execution, and project management training. The company also offers software which helps in managing projects.

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