LIKE (TSE:2462) ROCE % : 0.00% (As of Nov. 2024)

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What is LIKE 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. LIKE's annualized ROCE % for the quarter that ended in Nov. 2024 was 0.00%.

LIKE ROCE % Historical Data

The historical data trend for LIKE'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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LIKE ROCE % Chart

LIKE Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

ROCE %

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18.94

21.75

19.51

16.52

15.12

LIKE Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
ROCE %	Get a 7-Day Free Trial															5.39	12.47	7.73	33.89	-

LIKE ROCE % Calculation

LIKE'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 )
	=	3912.235	/	( ( (39454.121 - 15189.192)	+	(38503.113 - 11019.374) )	/ 2 )
	=	3912.235	/	( (24264.929	+	27483.739)	/ 2 )
	=	3912.235	/	25874.334
	=	15.12 %

LIKE's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: May. 2024 )		(Q: Nov. 2024 )
	=	0	/	( ( (38503.113 - 11019.374)	+	(37952.46 - 11383.09) )	/ 2 )
	=	0	/	( ( 27483.739	+	26569.37 )	/ 2 )
	=	0	/	27026.5545
	=	0.00 %

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

LIKE (TSE:2462) 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.

LIKE ROCE % Related Terms

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LIKE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » LIKE Inc (TSE:2462) » Definitions » ROCE %

Comparable Companies

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N/A

Address

1-12-1, Dogenzaka, Shibuya-ku, Shibuya Mark City West 17th floor, Tokyo, JPN, 150-0043

Website

https://www.like-gr.co.jp

LIKE Inc is engaged in the provision of child care and staffing services. Its services include outsourcing, temporary staffing, recruitment and education, and support services. The company operates nursery schools and after-school clubs.

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