Kamakura Shinsho (TSE:6184) ROCE % : 17.49% (As of Apr. 2024)

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What is Kamakura Shinsho 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. Kamakura Shinsho's annualized ROCE % for the quarter that ended in Apr. 2024 was 17.49%.

Kamakura Shinsho ROCE % Historical Data

The historical data trend for Kamakura Shinsho'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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Kamakura Shinsho ROCE % Chart

Kamakura Shinsho Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

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26.45

7.02

14.54

18.42

24.21

Kamakura Shinsho Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
ROCE %	Get a 7-Day Free Trial															15.67	23.93	19.01	39.49	17.49

Kamakura Shinsho ROCE % Calculation

Kamakura Shinsho's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	809.972	/	( ( (4317.699 - 855.29)	+	(4048.534 - 819.141) )	/ 2 )
	=	809.972	/	( (3462.409	+	3229.393)	/ 2 )
	=	809.972	/	3345.901
	=	24.21 %

Kamakura Shinsho'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 )
	=	558.524	/	( ( (4048.534 - 819.141)	+	(3878.077 - 720.809) )	/ 2 )
	=	558.524	/	( ( 3229.393	+	3157.268 )	/ 2 )
	=	558.524	/	3193.3305
	=	17.49 %

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

Kamakura Shinsho (TSE:6184) 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.

Kamakura Shinsho ROCE % Related Terms

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Kamakura Shinsho (TSE:6184) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Kamakura Shinsho Ltd (TSE:6184) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

1-6-6 Yaesu, 7th Floor, Yaesu Center Building, Chuo- ku, Tokyo, JPN, 103-0028

Website

http://www.kamakura-shinsyo.com

Kamakura Shinsho Ltd operates portal sites in Japan. The firm publishes and lectures to communicate knowledge on funerals, altar, tombs, temples. It offers portal sites that gives information on funerals; and responds to various consultations by telephone and e-mails, as well as a mobile search with GPS functions to search the funeral companies and centers. The company also operates sites that offers information on joint funerals and farewell party; family funeral knowledge and family funeral expenses; introduction of expenses to direct funeral and cremation ceremonies. In addition, it operates sites for funeral and funeral night wear, and legal flowers. Further, the company operates sites that offers information on Buddhist altar/Buddhist information; Buddha statues and Buddhist teachers.

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