Infocom (TSE:4348) ROCE % : 27.75% (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Infocom 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. Infocom's annualized ROCE % for the quarter that ended in Mar. 2024 was 27.75%.

Infocom ROCE % Historical Data

The historical data trend for Infocom'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.

Infocom ROCE % Chart

Infocom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

23.21

24.78

23.03

13.98

20.54

Infocom Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															16.28	20.30	18.61	27.75	10.47

Infocom ROCE % Calculation

Infocom's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	9815	/	( ( (60287 - 14619)	+	(67324 - 17413) )	/ 2 )
	=	9815	/	( (45668	+	49911)	/ 2 )
	=	9815	/	47789.5
	=	20.54 %

Infocom's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	13548	/	( ( (62945 - 15210)	+	(67324 - 17413) )	/ 2 )
	=	13548	/	( ( 47735	+	49911 )	/ 2 )
	=	13548	/	48823
	=	27.75 %

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

Infocom (TSE:4348) 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.

Infocom ROCE % Related Terms

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

Infocom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Infocom Corp (TSE:4348) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-34-17 Jingumae, Sumitomo Fudosan Harajuku Building, Shibuya-ku, Tokyo, JPN, 150-0001

Website

http://www.infocom.co.jp

Infocom Corp is a Japan-based company engaged in the provision of information technology (IT) solutions and information communication services. It connects people and improves businesses by offering a wide range of IT solutions and services for home and business. It operates through the business solution group and digital entertainment group segment. Under the business solution group segment, it provides self-developed software products such as CRM, PACS, and research tools, ERP and emergency confirmation systems for corporations, hospitals, and public institutions, and the Digital Entertainment group delights audiences with ebooks, mobile games, e-commerce sites, and other digital media. It generates maximum revenue from the Digital Entertainment segment.

Infocom Headlines

No Headlines