Recruit Holdings Co (TSE:6098) ROCE % : 31.64% (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Recruit Holdings 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. Recruit Holdings Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 31.64%.

Recruit Holdings Co ROCE % Historical Data

The historical data trend for Recruit Holdings 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.

Recruit Holdings Co ROCE % Chart

Recruit Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

16.76

11.20

23.31

19.94

20.79

Recruit Holdings Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															22.91	20.86	12.07	24.01	31.64

Recruit Holdings Co ROCE % Calculation

Recruit Holdings Co'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 )
	=	457100	/	( ( (2793281 - 782777)	+	(3144646 - 758879) )	/ 2 )
	=	457100	/	( (2010504	+	2385767)	/ 2 )
	=	457100	/	2198135.5
	=	20.79 %

Recruit Holdings Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	628460	/	( ( (0 - 0)	+	(2712935 - 726383) )	/ 1 )
	=	628460	/	( ( 0	+	1986552 )	/ 1 )
	=	628460	/	1986552
	=	31.64 %

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

Recruit Holdings Co (TSE:6098) 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.

Recruit Holdings Co ROCE % Related Terms

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

Recruit Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Recruit Holdings Co Ltd (TSE:6098) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RCRUY:USA RCRRF:USA 1RH:Germany

Address

1-9-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6640

Website

https://www.recruit-holdings.com

Recruit is a holding company for various technology and employment-related businesses. Recruit's primary business is its HR technology segment, in which it owns two out of three globally scaled employment-related platforms: www.indeed.com, an online marketplace for employment; and www.glassdoor.com, an online review site for employers. Recruit also owns various marketing businesses operating in Japan for life events and lifestyle, a software solutions business for small and medium-size enterprises, or SMEs, in Japan, and various staffing businesses operating throughout the developed world.

Recruit Holdings Co Headlines

No Headlines