Azplanning Co (TSE:3490) ROCE % : 14.38% (As of Aug. 2024)

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What is Azplanning 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. Azplanning Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 14.38%.

Azplanning Co ROCE % Historical Data

The historical data trend for Azplanning 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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Azplanning Co ROCE % Chart

Azplanning Co Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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1.71

1.64

-10.76

11.02

17.09

Azplanning Co 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															1.52	-8.75	60.72	-12.63	14.38

Azplanning Co ROCE % Calculation

Azplanning Co'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 )
	=	1025.864	/	( ( (9073.767 - 2566.362)	+	(9931.897 - 4432.978) )	/ 2 )
	=	1025.864	/	( (6507.405	+	5498.919)	/ 2 )
	=	1025.864	/	6003.162
	=	17.09 %

Azplanning Co'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 )
	=	1206.268	/	( ( (13464.592 - 4873.688)	+	(12650.604 - 4459.74) )	/ 2 )
	=	1206.268	/	( ( 8590.904	+	8190.864 )	/ 2 )
	=	1206.268	/	8390.884
	=	14.38 %

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

Azplanning Co (TSE:3490) 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.

Azplanning Co ROCE % Related Terms

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Azplanning Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Azplanning Co Ltd (TSE:3490) » Definitions » ROCE %

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Address

2-12-20 Totsuka, Kawaguchi-shi, Saitama Prefecture, Kawaguchi, JPN, 333-08141

Website

https://www.azplan.co.jp

Azplanning Co Ltd is a Japan-based company engages in the selling, leasing, and management of real estate for investment. The Real Estate Sales business includes revenue real estate trading areas and business hotel trading areas. The Real Estate Rental business includes real estate leasing areas, space reclamation areas, business hotel areas. The Real Estate Management business includes real estate management intermediary areas, building renovation areas, and real estate management incidental areas.

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