Yoshimura Food Holdings KK (TSE:2884) ROCE % : 10.63% (As of Aug. 2024)

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What is Yoshimura Food Holdings KK 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. Yoshimura Food Holdings KK's annualized ROCE % for the quarter that ended in Aug. 2024 was 10.63%.

Yoshimura Food Holdings KK ROCE % Historical Data

The historical data trend for Yoshimura Food Holdings KK'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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Yoshimura Food Holdings KK ROCE % Chart

Yoshimura Food Holdings KK Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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6.82

5.54

5.76

7.35

9.93

Yoshimura Food Holdings KK Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															13.37	-6.99	16.66	20.21	10.63

Yoshimura Food Holdings KK ROCE % Calculation

Yoshimura Food Holdings KK's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	2383.855	/	( ( (31989.877 - 11176.702)	+	(52190.785 - 24988.783) )	/ 2 )
	=	2383.855	/	( (20813.175	+	27202.002)	/ 2 )
	=	2383.855	/	24007.5885
	=	9.93 %

Yoshimura Food Holdings KK's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	2991.88	/	( ( (54276.142 - 25662.103)	+	(54595.087 - 26920.295) )	/ 2 )
	=	2991.88	/	( ( 28614.039	+	27674.792 )	/ 2 )
	=	2991.88	/	28144.4155
	=	10.63 %

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

Yoshimura Food Holdings KK (TSE:2884) 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.

Yoshimura Food Holdings KK ROCE % Related Terms

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Yoshimura Food Holdings KK Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yoshimura Food Holdings KK (TSE:2884) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

2-2 No. 2, Uchisaiwa-cho, 18th Floor, Fukoku Life Building, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.y-food-h.com

Yoshimura Food Holdings KK operates as a holding company which engages in the food business. The company is mainly engaged in planning, execution and management of business strategies of group companies, as well as supporting and overseeing of sales, manufacturing, product development, quality management, business management and other functions of subsidiaries. The company offers commercial food materials; Chinese dishes; dried noodles, buckwheat flour, wheat flour, etc.; meat and processed food products; sake products; and frozen foods, including frozen seafood, fried fowl pork cutlets, scissors cutlets, and fly with crab claw products.

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