KWPCF (Kewpie) ROCE % : 11.66% (As of May. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Kewpie 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. Kewpie's annualized ROCE % for the quarter that ended in May. 2024 was 11.66%.

Kewpie ROCE % Historical Data

The historical data trend for Kewpie'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.

Kewpie ROCE % Chart

Kewpie Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

Get a 7-Day Free Trial

10.06

6.76

8.18

7.41

6.42

Kewpie Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															11.09	6.05	10.39	11.66	13.81

Kewpie ROCE % Calculation

Kewpie's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	150.108	/	( ( (2831.858 - 458.086)	+	(2846.131 - 543.643) )	/ 2 )
	=	150.108	/	( (2373.772	+	2302.488)	/ 2 )
	=	150.108	/	2338.13
	=	6.42 %

Kewpie's ROCE % of for the quarter that ended in May. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2024 )		(Q: Feb. 2024 )		(Q: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2024 )		(Q: Feb. 2024 )		(Q: May. 2024 )
	=	271.38	/	( ( (2763.165 - 417.264)	+	(2775.528 - 468.098) )	/ 2 )
	=	271.38	/	( ( 2345.901	+	2307.43 )	/ 2 )
	=	271.38	/	2326.6655
	=	11.66 %

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

Kewpie (OTCPK:KWPCF) 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.

Kewpie ROCE % Related Terms

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

Kewpie Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kewpie Corp (OTCPK:KWPCF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

2809:Japan

Address

4-13, Shibuya 1-chome, Shibuya-ku, Tokyo, JPN, 150-0002

Website

http://www.kewpie.co.jp

Kewpie Corp is a Japanese packaged-food company. Its business categories are condiments products, egg products, delicatessen products, processed foods, and fine chemical products. Through these business segments, the company offers dressing, vinegar, mayonnaise, liquid egg, frozen egg, rice balls, jams, pasta sauces, sweetcorn, baby food, and hyaluronic acid. The company has its own transportation and warehousing operations. Kewpie has operations in Japan and overseas in China, the United States, and Southeast Asia.

Kewpie Headlines

No Headlines