Ubicom Holdings (TSE:3937) ROCE % : 21.15% (As of Dec. 2023)

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What is Ubicom Holdings 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. Ubicom Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 21.15%.

Ubicom Holdings ROCE % Historical Data

The historical data trend for Ubicom Holdings'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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Ubicom Holdings ROCE % Chart

Ubicom Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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35.46

28.54

31.51

28.44

21.79

Ubicom Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															13.48	26.08	16.39	25.07	21.15

Ubicom Holdings ROCE % Calculation

Ubicom Holdings'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 )
	=	939.201	/	( ( (5624.167 - 1464.532)	+	(5797.219 - 1336.555) )	/ 2 )
	=	939.201	/	( (4159.635	+	4460.664)	/ 2 )
	=	939.201	/	4310.1495
	=	21.79 %

Ubicom Holdings'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 )
	=	1017.58	/	( ( (6448.721 - 1687.357)	+	(6385.532 - 1522.706) )	/ 2 )
	=	1017.58	/	( ( 4761.364	+	4862.826 )	/ 2 )
	=	1017.58	/	4812.095
	=	21.15 %

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

Ubicom Holdings (TSE:3937) 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.

Ubicom Holdings ROCE % Related Terms

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Ubicom Holdings (TSE:3937) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ubicom Holdings Inc (TSE:3937) » Definitions » ROCE %

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Address

2-23-11 Koishikawa, 9th Floor, Joko Building, Bunkyo-ku, Tokyo, JPN, 112-0002

Website

http://www.ubicom-hd.com

Ubicom Holdings Inc provides information technology services. The Company offers business application system development, embedded software development, quality assurance, system maintenance, and other services. The company operates through Global, Medical, and Enterprise Solutions divisions. The Global division offers software engineering services, including prototyping, design, development, testing, deployment, and maintenance; and automated software testing and mobile technology related services and solutions. The Medical division focuses on providing IT solutions and services to the medical industry. It offers Mighty Checker; Mighty Qube; Mighty SPD; and Mighty Trace. The Enterprise Solutions division offers mission-critical systems for Japanese banking and financial institutions.

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