No.1 Co (TSE:3562) ROCE % : 25.61% (As of Aug. 2024)

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What is No.1 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. No.1 Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 25.61%.

No.1 Co ROCE % Historical Data

The historical data trend for No.1 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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No.1 Co ROCE % Chart

No.1 Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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18.20

23.28

21.78

31.66

28.30

No.1 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															27.89	13.21	50.10	11.68	25.61

No.1 Co ROCE % Calculation

No.1 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 )
	=	1396.463	/	( ( (7936.803 - 2950.775)	+	(8100.667 - 3216.598) )	/ 2 )
	=	1396.463	/	( (4986.028	+	4884.069)	/ 2 )
	=	1396.463	/	4935.0485
	=	28.30 %

No.1 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 )
	=	1361.504	/	( ( (7461.475 - 2299.131)	+	(8258.062 - 2786.208) )	/ 2 )
	=	1361.504	/	( ( 5162.344	+	5471.854 )	/ 2 )
	=	1361.504	/	5317.099
	=	25.61 %

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

No.1 Co (TSE:3562) 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.

No.1 Co ROCE % Related Terms

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No.1 Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » No.1 Co Ltd (TSE:3562) » Definitions » ROCE %

Comparable Companies

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Address

1-5-2 Uchisaiwaicho, 19th floor, Uchisaiwaicho Heiwa Building, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

https://www.number-1.co.jp

No.1 Co Ltd is engaged in the sales and maintenance services of OA and information security equipment, communication equipment, mobiles, and others. It also has lines and mobiles, and related agency business; Mail-order agency business related to office equipment and services; Internet-related business; and advertising (agency) business.

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