Material Group (TSE:156A) ROCE % : 28.07% (As of Aug. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Material Group 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. Material Group's annualized ROCE % for the quarter that ended in Aug. 2024 was 28.07%.

Material Group ROCE % Historical Data

The historical data trend for Material Group'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.

Material Group ROCE % Chart

Material Group Annual Data

Trend

Aug22

Aug23

Aug24

ROCE %

22.90

35.15

41.33

Material Group Quarterly Data
	Aug22	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial			-	44.86	43.99	46.02	28.07

Material Group ROCE % Calculation

Material Group'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 )
	=	818.948	/	( ( (2637.682 - 923.7)	+	(3260.029 - 1011.302) )	/ 2 )
	=	818.948	/	( (1713.982	+	2248.727)	/ 2 )
	=	818.948	/	1981.3545
	=	41.33 %

Material Group'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 )
	=	624.188	/	( ( (3088.953 - 890.798)	+	(3260.029 - 1011.302) )	/ 2 )
	=	624.188	/	( ( 2198.155	+	2248.727 )	/ 2 )
	=	624.188	/	2223.441
	=	28.07 %

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

Material Group (TSE:156A) 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.

Material Group ROCE % Related Terms

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

Material Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Material Group Inc (TSE:156A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arkhills Ark Mori Building, 35F, 1-12-32 Akasaka, Minato-ku, Tokyo, JPN, 107-6035

Website

https://www.materialgroup.jp

Material Group Inc is a company which is a specialized business group that provides comprehensive support for marketing communications for all types of businesses. It brings out the individuality of all materials, including brands, products, services, and talent, and maximize their potential.

Material Group Headlines

No Headlines