Takahashi Curtain Wall (TSE:1994) ROCE % : 9.15% (As of Jun. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Takahashi Curtain Wall 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. Takahashi Curtain Wall's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.15%.

Takahashi Curtain Wall ROCE % Historical Data

The historical data trend for Takahashi Curtain Wall'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.

Takahashi Curtain Wall ROCE % Chart

Takahashi Curtain Wall Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

22.53

9.06

19.47

2.05

4.08

Takahashi Curtain Wall Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															6.13	2.48	3.45	4.52	9.15

Takahashi Curtain Wall ROCE % Calculation

Takahashi Curtain Wall's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	450.74	/	( ( (12324.758 - 1322.886)	+	(12709.925 - 1625.122) )	/ 2 )
	=	450.74	/	( (11001.872	+	11084.803)	/ 2 )
	=	450.74	/	11043.3375
	=	4.08 %

Takahashi Curtain Wall's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	1015.716	/	( ( (12797.461 - 1766.801)	+	(13302.299 - 2137.701) )	/ 2 )
	=	1015.716	/	( ( 11030.66	+	11164.598 )	/ 2 )
	=	1015.716	/	11097.629
	=	9.15 %

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

Takahashi Curtain Wall (TSE:1994) 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.

Takahashi Curtain Wall ROCE % Related Terms

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

Takahashi Curtain Wall Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Takahashi Curtain Wall Corp (TSE:1994) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 No. 4, Nihonbashi Honcho Chuo- ku, Chuo-ku, Tokyo, JPN, 103-0023

Website

http://www.t-cw.co.jp

Takahashi Curtain Wall Corp manufactures and constructs curtain walls for building structures. It offers precast concrete (PC) curtain walls, ultra-lightweight curtain walls, colored concrete walls, and PC external insulation curtain wall.

Takahashi Curtain Wall Headlines

No Headlines