Aidemy (TSE:5577) ROCE % : 19.84% (As of Feb. 2024)

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What is Aidemy 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. Aidemy's annualized ROCE % for the quarter that ended in Feb. 2024 was 19.84%.

Aidemy ROCE % Historical Data

The historical data trend for Aidemy'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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Aidemy ROCE % Chart

Aidemy Annual Data

Trend

May21

May22

May23

ROCE %

-37.01

-2.21

31.39

Aidemy Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial			-	42.69	25.31	51.77	19.84

Aidemy ROCE % Calculation

Aidemy's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	238.208	/	( ( (1089.061 - 475.227)	+	(1451.696 - 547.601) )	/ 2 )
	=	238.208	/	( (613.834	+	904.095)	/ 2 )
	=	238.208	/	758.9645
	=	31.39 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	245.912	/	( ( (1701.701 - 607.193)	+	(1955.724 - 571.113) )	/ 2 )
	=	245.912	/	( ( 1094.508	+	1384.611 )	/ 2 )
	=	245.912	/	1239.5595
	=	19.84 %

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

Aidemy (TSE:5577) 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.

Aidemy ROCE % Related Terms

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Aidemy (TSE:5577) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aidemy Inc (TSE:5577) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-1 Otemachi, Otemachi One tower 6th floor, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://aidemy.co.jp

Aidemy Inc is engaged in AI/DX-related product and solution services, including Aidemy Business, an online DX learning platform that supports the development of digital talent, and Modeloy, a DX consulting service that provides accompanied support. The company provides comprehensive support for human resource development, problem selection, PoC development, and operation, which are essential for companies to promote DX. Aidemy Business is an online learning platform for businesses that supports DX human resources development and reskilling.

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