Masaru (TSE:1795) ROCE % : 45.90% (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Masaru 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. Masaru's annualized ROCE % for the quarter that ended in Mar. 2024 was 45.90%.

Masaru ROCE % Historical Data

The historical data trend for Masaru'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.

Masaru ROCE % Chart

Masaru Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

Get a 7-Day Free Trial

14.98

9.40

6.85

11.01

7.96

Masaru Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-18.16	39.14	-12.98	45.90	-

Masaru ROCE % Calculation

Masaru's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	425.488	/	( ( (7540.025 - 2640.669)	+	(8394.129 - 2597.474) )	/ 2 )
	=	425.488	/	( (4899.356	+	5796.655)	/ 2 )
	=	425.488	/	5348.0055
	=	7.96 %

Masaru'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 )
	=	2254.004	/	( ( (7433.295 - 2742.645)	+	(7473.066 - 2342.158) )	/ 2 )
	=	2254.004	/	( ( 4690.65	+	5130.908 )	/ 2 )
	=	2254.004	/	4910.779
	=	45.90 %

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

Masaru (TSE:1795) 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.

Masaru ROCE % Related Terms

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

Masaru Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Masaru Corp (TSE:1795) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sumitomo Real Estate Hamacho, 3rd floor, Building No. 42-3, Nihonbashi Hamacho, Chuo-ku, Tokyo, JPN, 103-0007

Website

http://www.masaru-co.jp

Masaru Corporation is engaged in the construction activities in Japan. The company is involved in the renewal of apartments and building. Further it is also involved in the sealing and waterproofing business.

Masaru Headlines

No Headlines