D&M Co Co (TSE:189A) ROCE % : 14.91% (As of May. 2024)

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What is D&M Co 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. D&M Co Co's annualized ROCE % for the quarter that ended in May. 2024 was 14.91%.

D&M Co Co ROCE % Historical Data

The historical data trend for D&M Co 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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D&M Co Co ROCE % Chart

D&M Co Co Annual Data

Trend

May22

May23

May24

ROCE %

14.67

14.45

14.91

D&M Co Co Semi-Annual Data
	May22	May23	May24
ROCE %	14.67	14.45	14.91

D&M Co Co ROCE % Calculation

D&M Co Co's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	274.577	/	( ( (8096.201 - 6228.123)	+	(8792.346 - 6978.305) )	/ 2 )
	=	274.577	/	( (1868.078	+	1814.041)	/ 2 )
	=	274.577	/	1841.0595
	=	14.91 %

D&M Co Co's ROCE % of for the quarter that ended in May. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2024 )		(Q: May. 2023 )		(Q: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2024 )		(Q: May. 2023 )		(Q: May. 2024 )
	=	274.577	/	( ( (8096.201 - 6228.123)	+	(8792.346 - 6978.305) )	/ 2 )
	=	274.577	/	( ( 1868.078	+	1814.041 )	/ 2 )
	=	274.577	/	1841.0595
	=	14.91 %

(1) Note: The EBIT data used here is one times the annual (May. 2024) EBIT data.

D&M Co Co (TSE:189A) 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.

D&M Co Co ROCE % Related Terms

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D&M Co Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » D&M Co Co Ltd (TSE:189A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1-2 Hiranomachi Chuo-ku, Osaka-shi, Osaka, JPN, 541-0046

Website

https://www.dmcompany.co.jp

D&M Co Co Ltd provide medical care, nursing care, disability welfare, and healthcare service related businesses to provide management support, It also provide a variety of services as a one-stop shop.

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