Pluszero (TSE:5132) ROCE % : 32.37% (As of Apr. 2024)

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What is Pluszero 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. Pluszero's annualized ROCE % for the quarter that ended in Apr. 2024 was 32.37%.

Pluszero ROCE % Historical Data

The historical data trend for Pluszero'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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Pluszero ROCE % Chart

Pluszero Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Oct24

ROCE %

-12.50

-46.07

28.75

18.41

24.14

Pluszero Quarterly Data
	Oct20	Oct21	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial						19.90	17.71	25.74	32.37	-

Pluszero ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	250.68	/	( ( (1165.859 - 216.568)	+	(1413.009 - 285.038) )	/ 2 )
	=	250.68	/	( (949.291	+	1127.971)	/ 2 )
	=	250.68	/	1038.631
	=	24.14 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	319.732	/	( ( (1084.665 - 124.25)	+	(1256.207 - 240.935) )	/ 2 )
	=	319.732	/	( ( 960.415	+	1015.272 )	/ 2 )
	=	319.732	/	987.8435
	=	32.37 %

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

Pluszero (TSE:5132) 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.

Pluszero ROCE % Related Terms

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Pluszero Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pluszero Inc (TSE:5132) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-6-10 Kitazawa, Setagaya-ku, Tokyo, JPN, 155-0031

Website

https://plus-zero.co.jp

Pluszero Inc is engaged in the provision, development, maintenance, operation and sales of solutions that integrate AI, natural language processing, software, hardware and other technologies, as well as consulting services related to these services.

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