GMO Payment Gateway (GMO Payment Gateway) ROCE % : 22.29% (As of Mar. 2024)

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What is GMO Payment Gateway 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. GMO Payment Gateway's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.29%.

GMO Payment Gateway ROCE % Historical Data

The historical data trend for GMO Payment Gateway'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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GMO Payment Gateway ROCE % Chart

GMO Payment Gateway Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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20.45

21.78

19.13

30.01

16.58

GMO Payment Gateway Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															18.78	19.22	14.01	19.69	22.29

GMO Payment Gateway ROCE % Calculation

GMO Payment Gateway's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	145.025	/	( ( (1908.145 - 1031.659)	+	(1977.387 - 1104.47) )	/ 2 )
	=	145.025	/	( (876.486	+	872.917)	/ 2 )
	=	145.025	/	874.7015
	=	16.58 %

GMO Payment Gateway's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	194.332	/	( ( (2264.383 - 1400.982)	+	(2232.685 - 1352.08) )	/ 2 )
	=	194.332	/	( ( 863.401	+	880.605 )	/ 2 )
	=	194.332	/	872.003
	=	22.29 %

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

GMO Payment Gateway (OTCPK:GMYTF) 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.

GMO Payment Gateway ROCE % Related Terms

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GMO Payment Gateway (GMO Payment Gateway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GMO Payment Gateway Inc (OTCPK:GMYTF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

3769:Japan 3RH:Germany

Address

1-9-5 Dogenzaka, Tokyo, JPN

Website

http://corp.gmo-pg.com

GMO Payment Gateway Inc is a settlement service company. The company offers payment solutions for credit cards, convenience store settlements, catalogue and TV purchases, and online shopping and e-commerce. The service includes the processing of payments, the storage of sensitive personal data, and recurring billing options. GMO Payments Gateway operates in Japan.

GMO Payment Gateway (GMO Payment Gateway) Headlines

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