Kumagai Gumi Co (Kumagai Gumi Co) ROCE % : 10.01% (As of Dec. 2023)

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What is Kumagai Gumi 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. Kumagai Gumi Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.01%.

Kumagai Gumi Co ROCE % Historical Data

The historical data trend for Kumagai Gumi 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.

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Kumagai Gumi Co ROCE % Chart

Kumagai Gumi Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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13.09

16.48

14.45

11.49

5.74

Kumagai Gumi Co 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															5.94	11.92	0.85	6.60	10.01

Kumagai Gumi Co ROCE % Calculation

Kumagai Gumi Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	91.558	/	( ( (3129.568 - 1479.194)	+	(2817.88 - 1278.741) )	/ 2 )
	=	91.558	/	( (1650.374	+	1539.139)	/ 2 )
	=	91.558	/	1594.7565
	=	5.74 %

Kumagai Gumi Co'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 )
	=	148.548	/	( ( (2677.365 - 1227.86)	+	(2975.896 - 1457.729) )	/ 2 )
	=	148.548	/	( ( 1449.505	+	1518.167 )	/ 2 )
	=	148.548	/	1483.836
	=	10.01 %

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

Kumagai Gumi Co (OTCPK:KMGGF) 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.

Kumagai Gumi Co ROCE % Related Terms

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Kumagai Gumi Co (Kumagai Gumi Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kumagai Gumi Co Ltd (OTCPK:KMGGF) » Definitions » ROCE %

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Traded in Other Exchanges

1861:Japan KUG1:Germany

Address

2-1 Tsukudocho, Shinjuku-ku, Tokyo, 162-8557, JPN, 162-8557

Website

http://www.kumagaigumi.co.jp

Kumagai Gumi is a Japanese company that provides services in construction and civil engineering. The company analyzes, designs, and supervises complex construction projects. It also offers engineering and technical services throughout the construction process. These projects include roads, railways, airports, water systems, and other public facilities. In addition, the company is engaged in manufacturing and selling construction materials and machinery. Construction activities account for the majority of revenue. The company generates additional revenue from developing residential and commercial complexes and either operating the building or acting as a broker and selling the real estate.

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