Upcon (NGO:5075) ROCE % : 62.03% (As of Apr. 2024)

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What is Upcon 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. Upcon's annualized ROCE % for the quarter that ended in Apr. 2024 was 62.03%.

Upcon ROCE % Historical Data

The historical data trend for Upcon'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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Upcon ROCE % Chart

Upcon Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

4.02

26.25

5.40

15.93

7.49

Upcon Quarterly Data
	Jan20	Jan21	Jan22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
ROCE %	Get a 7-Day Free Trial						19.26	2.67	-7.18	15.36	62.03

Upcon ROCE % Calculation

Upcon's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	94.699	/	( ( (1392.856 - 158.795)	+	(1334.486 - 41.346) )	/ 2 )
	=	94.699	/	( (1234.061	+	1293.14)	/ 2 )
	=	94.699	/	1263.6005
	=	7.49 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	841.132	/	( ( (1334.486 - 41.346)	+	(1555.821 - 136.926) )	/ 2 )
	=	841.132	/	( ( 1293.14	+	1418.895 )	/ 2 )
	=	841.132	/	1356.0175
	=	62.03 %

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

Upcon (NGO:5075) 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.

Upcon ROCE % Related Terms

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Upcon (NGO:5075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Upcon Corp (NGO:5075) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 611, KSP Higashi-tou, 3-2-1 Sakado, Kawasaki Takatsu-ku, Kanagawa, Nagoya, JPN, 213-0012

Website

https://www.upcon.co.jp

Upcon Corp is primarily involved in the civil engineering and construction industry.

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