Nippon Filcon Co (TSE:5942) ROCE % : 10.55% (As of May. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Nippon Filcon 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. Nippon Filcon Co's annualized ROCE % for the quarter that ended in May. 2024 was 10.55%.

Nippon Filcon Co ROCE % Historical Data

The historical data trend for Nippon Filcon 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.

* Premium members only.

Nippon Filcon Co ROCE % Chart

Nippon Filcon Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

Get a 7-Day Free Trial

-0.88

0.74

5.83

5.69

6.89

Nippon Filcon Co Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
ROCE %	Get a 7-Day Free Trial															17.35	6.82	-0.07	3.16	10.55

Nippon Filcon Co ROCE % Calculation

Nippon Filcon Co's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	2010.374	/	( ( (43478.54 - 14281.403)	+	(42823.249 - 13685.988) )	/ 2 )
	=	2010.374	/	( (29197.137	+	29137.261)	/ 2 )
	=	2010.374	/	29167.199
	=	6.89 %

Nippon Filcon Co's ROCE % of for the quarter that ended in May. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2024 )		(Q: Feb. 2024 )		(Q: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2024 )		(Q: Feb. 2024 )		(Q: May. 2024 )
	=	3061.808	/	( ( (42741.267 - 13953.312)	+	(42704.848 - 13442.5) )	/ 2 )
	=	3061.808	/	( ( 28787.955	+	29262.348 )	/ 2 )
	=	3061.808	/	29025.1515
	=	10.55 %

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

Nippon Filcon Co (TSE:5942) 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.

Nippon Filcon Co ROCE % Related Terms

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

Nippon Filcon Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nippon Filcon Co Ltd (TSE:5942) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Inagi Daimaru 2220, Yubinbango, Tokyo, JPN, 206-8577

Website

http://www.filcon.co.jp

Nippon Filcon Co Ltd is a Japan-based company. Its business activities are divided into four divisions including industrial functional filter business, electronic components business, environment and water treatment-related business and real estate leasing business. The company manufactures and sales precision processed products by photo fabrication and various other manufacturing methods. Its environment and water treatment-related business designs and sales water treatment equipment, environmental preservation equipment and various related equipment. Real estate leasing business leases and manages lodging, sports and entertainment facilities.

Nippon Filcon Co Headlines

No Headlines