GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunnexta Group Inc (TSE:8945) » Definitions » ROCE %

Sunnexta Group (TSE:8945) ROCE % : 5.42% (As of Dec. 2023)


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

What is Sunnexta Group 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. Sunnexta Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.42%.


Sunnexta Group ROCE % Historical Data

The historical data trend for Sunnexta Group'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.

Sunnexta Group ROCE % Chart

Sunnexta Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.77 11.38 8.85 30.82 9.77

Sunnexta Group 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 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 9.07 7.69 14.21 8.70 5.42

Sunnexta Group ROCE % Calculation

Sunnexta Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=790.378/( ( (10625.151 - 2466.595) + (10072.226 - 2045.77) )/ 2 )
=790.378/( (8158.556+8026.456)/ 2 )
=790.378/8092.506
=9.77 %

Sunnexta Group'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 )
=440.804/( ( (9588.175 - 2017.092) + (10466.752 - 1757.2) )/ 2 )
=440.804/( ( 7571.083 + 8709.552 )/ 2 )
=440.804/8140.3175
=5.42 %

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


Sunnexta Group  (TSE:8945) 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.


Sunnexta Group ROCE % Related Terms

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


Sunnexta Group (TSE:8945) Business Description

Traded in Other Exchanges
N/A
Address
35, Tansu-cho, Japan-U.S. TIME 24 building, Shinjuku-ku, Tokyo, JPN, 162-0833
Sunnexta Group Inc is engaged in provision of housing system operation outsourcing business. The company's engages in total outsourcing services that fuse various services from system operation related to company housing, facility management to personnel and general affairs operations.

Sunnexta Group (TSE:8945) Headlines

No Headlines