Gifu Landscape Architect Co (TSE:1438) ROCE % : 17.55% (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Gifu Landscape Architect 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. Gifu Landscape Architect Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.55%.

Gifu Landscape Architect Co ROCE % Historical Data

The historical data trend for Gifu Landscape Architect 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.

Gifu Landscape Architect Co ROCE % Chart

Gifu Landscape Architect Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

10.41

9.85

10.34

10.93

11.01

Gifu Landscape Architect Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															13.39	8.50	6.97	18.45	17.55

Gifu Landscape Architect Co ROCE % Calculation

Gifu Landscape Architect Co's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	399.337	/	( ( (4477.861 - 984.97)	+	(4695.863 - 934.988) )	/ 2 )
	=	399.337	/	( (3492.891	+	3760.875)	/ 2 )
	=	399.337	/	3626.883
	=	11.01 %

Gifu Landscape Architect Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	692.988	/	( ( (4938.686 - 1070.093)	+	(5109.794 - 1080.057) )	/ 2 )
	=	692.988	/	( ( 3868.593	+	4029.737 )	/ 2 )
	=	692.988	/	3949.165
	=	17.55 %

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

Gifu Landscape Architect Co (TSE:1438) 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.

Gifu Landscape Architect Co ROCE % Related Terms

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

Gifu Landscape Architect Co (TSE:1438) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gifu Landscape Architect Co Ltd (TSE:1438) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1438:Japan

Address

4-79-1 Akanabehishino, Gifu, JPN, 500-8268

Website

http://www.gifu-zohen.co.jp

Gifu Landscape Architect Co Ltd is engaged in Construction, landscaping and gardening activities. It constructs public facilities, parks, golf and resort facilities. It also engaged in planning and selling of residential housing.

Gifu Landscape Architect Co (TSE:1438) Headlines

No Headlines