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Fukushima Printing Co (NGO:7870) ROCE % : 4.43% (As of Aug. 2024)


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What is Fukushima Printing 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. Fukushima Printing Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 4.43%.


Fukushima Printing Co ROCE % Historical Data

The historical data trend for Fukushima Printing 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.

* Premium members only.

Fukushima Printing Co ROCE % Chart

Fukushima Printing Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 10.64 5.81 1.79 0.33

Fukushima Printing Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.82 -10.19 -3.58 10.89 4.43

Fukushima Printing Co ROCE % Calculation

Fukushima Printing Co's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=19.236/( ( (7247.146 - 1269.944) + (6901.876 - 1191.433) )/ 2 )
=19.236/( (5977.202+5710.443)/ 2 )
=19.236/5843.8225
=0.33 %

Fukushima Printing Co's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2024 )  (Q: May. 2024 )(Q: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2024 )  (Q: May. 2024 )(Q: Aug. 2024 )
=254.944/( ( (7065.606 - 1263.582) + (6901.876 - 1191.433) )/ 2 )
=254.944/( ( 5802.024 + 5710.443 )/ 2 )
=254.944/5756.2335
=4.43 %

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

* 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.


Fukushima Printing Co  (NGO:7870) 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.


Fukushima Printing Co ROCE % Related Terms

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Fukushima Printing Co Business Description

Traded in Other Exchanges
N/A
Address
6 Sakimori-cho Ru, Kanazawa, JPN
Fukushima Printing Co Ltd is a Japan-based company engages in the printing business. It offers advertisement promotion, manual printing services; notification guidance printing services; as well as prints computer forms, general forms, and seal labels.

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