Eternal Hospitality Group Co (TSE:3193) ROCE % : 15.94% (As of Jul. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Eternal Hospitality Group 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. Eternal Hospitality Group Co's annualized ROCE % for the quarter that ended in Jul. 2024 was 15.94%.

Eternal Hospitality Group Co ROCE % Historical Data

The historical data trend for Eternal Hospitality Group 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.

* Premium members only.

Eternal Hospitality Group Co ROCE % Chart

Eternal Hospitality Group Co Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

ROCE %

Get a 7-Day Free Trial

-7.33

-4.01

14.73

9.21

27.58

Eternal Hospitality Group Co Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial															28.58	34.18	36.42	15.94	23.76

Eternal Hospitality Group Co ROCE % Calculation

Eternal Hospitality Group Co's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	3174.163	/	( ( (19318.991 - 8940.66)	+	(20654.561 - 8011.093) )	/ 2 )
	=	3174.163	/	( (10378.331	+	12643.468)	/ 2 )
	=	3174.163	/	11510.8995
	=	27.58 %

Eternal Hospitality Group Co's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	1918.492	/	( ( (21037.838 - 9604.641)	+	(20654.561 - 8011.093) )	/ 2 )
	=	1918.492	/	( ( 11433.197	+	12643.468 )	/ 2 )
	=	1918.492	/	12038.3325
	=	15.94 %

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

Eternal Hospitality Group Co (TSE:3193) 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.

Eternal Hospitality Group Co ROCE % Related Terms

Thank you for viewing the detailed overview of Eternal Hospitality Group Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Eternal Hospitality Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Eternal Hospitality Group Co Ltd (TSE:3193) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-12 Tateba, Naniwa-ku, Osaka, JPN

Website

http://www.torikizoku.co.jp

Eternal Hospitality Group Co Ltd formerly Torikizoku Holdings Co Ltd operates Japanese style restaurants.

Eternal Hospitality Group Co Headlines

No Headlines