AXYZ Co (TSE:1381) ROCE % : 7.90% (As of Jun. 2024)

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What is AXYZ 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. AXYZ Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.90%.

AXYZ Co ROCE % Historical Data

The historical data trend for AXYZ 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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AXYZ Co ROCE % Chart

AXYZ Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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18.75

20.07

14.46

9.73

8.43

AXYZ Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															12.80	8.33	12.73	5.22	7.90

AXYZ Co ROCE % Calculation

AXYZ Co's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	1752	/	( ( (22636 - 2353)	+	(24451 - 3174) )	/ 2 )
	=	1752	/	( (20283	+	21277)	/ 2 )
	=	1752	/	20780
	=	8.43 %

AXYZ Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	1664	/	( ( (23468 - 2617)	+	(24451 - 3174) )	/ 2 )
	=	1664	/	( ( 20851	+	21277 )	/ 2 )
	=	1664	/	21064
	=	7.90 %

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

AXYZ Co (TSE:1381) 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.

AXYZ Co ROCE % Related Terms

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AXYZ Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AXYZ Co Ltd (TSE:1381) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Chome-1-8 Somuta, Kagoshima-shi, Kagoshima-ken, Kagoshima, JPN, 890-0014

Website

http://www.axyz-grp.co.jp

AXYZ Co Ltd is engaged in the manufacture and sale of poultry and poultry processed food products.

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