BIC Camera (BIC Camera) ROCE % : 13.11% (As of Feb. 2024)

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What is BIC Camera 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. BIC Camera's annualized ROCE % for the quarter that ended in Feb. 2024 was 13.11%.

BIC Camera ROCE % Historical Data

The historical data trend for BIC Camera'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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BIC Camera ROCE % Chart

BIC Camera Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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10.76

4.93

6.73

4.94

3.95

BIC Camera 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															10.00	3.36	0.15	4.01	13.11

BIC Camera ROCE % Calculation

BIC Camera's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	71.149	/	( ( (3374.144 - 1461.974)	+	(3107.05 - 1414.984) )	/ 2 )
	=	71.149	/	( (1912.17	+	1692.066)	/ 2 )
	=	71.149	/	1802.118
	=	3.95 %

BIC Camera'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 )
	=	214.068	/	( ( (3349.027 - 1733.102)	+	(3286.422 - 1635.498) )	/ 2 )
	=	214.068	/	( ( 1615.925	+	1650.924 )	/ 2 )
	=	214.068	/	1633.4245
	=	13.11 %

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

BIC Camera (OTCPK:BICMF) 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.

BIC Camera ROCE % Related Terms

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BIC Camera (BIC Camera) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » BIC Camera Inc (OTCPK:BICMF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

3048:Japan 1U3:Germany

Address

3-23-23, Takada, Toshima-ku, Tokyo, JPN, 171-0033

Website

http://www.biccamera.co.jp

BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services.

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