SBI Rheos Hifumi (TSE:165A) ROCE % : 24.75% (As of Sep. 2024)

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What is SBI Rheos Hifumi 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. SBI Rheos Hifumi's annualized ROCE % for the quarter that ended in Sep. 2024 was 24.75%.

SBI Rheos Hifumi ROCE % Historical Data

The historical data trend for SBI Rheos Hifumi'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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SBI Rheos Hifumi ROCE % Chart

SBI Rheos Hifumi Annual Data

Trend

Mar17

Mar18

Mar22

Mar23

Mar24

ROCE %

6.99

95.61

56.42

28.18

25.76

SBI Rheos Hifumi Quarterly Data
	Mar17	Mar18	Sep18	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial								21.10	22.84	29.61	24.75	24.72

SBI Rheos Hifumi ROCE % Calculation

SBI Rheos Hifumi's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	1780	/	( ( (8704.79 - 2432.75)	+	(11211 - 3665) )	/ 2 )
	=	1780	/	( (6272.04	+	7546)	/ 2 )
	=	1780	/	6909.02
	=	25.76 %

SBI Rheos Hifumi's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	1985.076	/	( ( (11195.345 - 3353.154)	+	(12411.785 - 4214.186) )	/ 2 )
	=	1985.076	/	( ( 7842.191	+	8197.599 )	/ 2 )
	=	1985.076	/	8019.895
	=	24.75 %

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

SBI Rheos Hifumi (TSE:165A) 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.

SBI Rheos Hifumi ROCE % Related Terms

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SBI Rheos Hifumi Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SBI Rheos Hifumi Inc (TSE:165A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

27th Floor Pacific Century Place, Marunouchi 1-11-1, Marunouchi Chiyoda-ku, Tokyo, JPN, 100-6227

Website

https://www.sbirheoshifumi.rheos.jp

SBI Rheos Hifumi Inc is engaged in investment trust management business and investment advisory business (business related to discretionary investment contracts), etc.

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