Yamaichi Uniheim Real Estate Co (TSE:2984) ROCE % : 9.03% (As of Dec. 2023)

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What is Yamaichi Uniheim Real Estate 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. Yamaichi Uniheim Real Estate Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.03%.

Yamaichi Uniheim Real Estate Co ROCE % Historical Data

The historical data trend for Yamaichi Uniheim Real Estate 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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Yamaichi Uniheim Real Estate Co ROCE % Chart

Yamaichi Uniheim Real Estate Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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5.05

10.09

5.94

10.55

8.18

Yamaichi Uniheim Real Estate Co Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial									8.21	3.21	0.01	3.11	9.03

Yamaichi Uniheim Real Estate Co ROCE % Calculation

Yamaichi Uniheim Real Estate Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	2414.617	/	( ( (37890.96 - 12423.904)	+	(41439.576 - 7893.577) )	/ 2 )
	=	2414.617	/	( (25467.056	+	33545.999)	/ 2 )
	=	2414.617	/	29506.5275
	=	8.18 %

Yamaichi Uniheim Real Estate Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	2870.928	/	( ( (45922.642 - 14861.81)	+	(47492.644 - 14995.42) )	/ 2 )
	=	2870.928	/	( ( 31060.832	+	32497.224 )	/ 2 )
	=	2870.928	/	31779.028
	=	9.03 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Yamaichi Uniheim Real Estate Co (TSE:2984) 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.

Yamaichi Uniheim Real Estate Co ROCE % Related Terms

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Yamaichi Uniheim Real Estate Co (TSE:2984) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yamaichi Uniheim Real Estate Co Ltd (TSE:2984) » Definitions » ROCE %

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Address

Wakayama Nakanoshima 1518, Nakanoshima 801 building 5 floor, Yubinbango, Osaka, JPN, 640-8392

Website

https://www.yg801.jp

Yamaichi Real Estate Co Ltd is a real estate development company engaged in provision of sales, leasing, management and brokerage services. The company develops commercial land, business land, residential land, condominiums and rental condominiums. Its development business ranges from residential areas to business sites such as factories and warehouses, urban commercial facilities, and suburban commercial facilities.

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