Hope (TSE:6195) ROCE % : 0.00% (As of Sep. 2024)

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What is Hope 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. Hope's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Hope ROCE % Historical Data

The historical data trend for Hope'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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Hope ROCE % Chart

Hope Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Mar23

Mar24

ROCE %

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14.05

69.45

-11,645.36

23.64

Hope Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															40.62	18.98	19.12	16.04	-

Hope ROCE % Calculation

Hope'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 )
	=	229.875	/	( ( (2338.793 - 1397.139)	+	(1984.476 - 981.311) )	/ 2 )
	=	229.875	/	( (941.654	+	1003.165)	/ 2 )
	=	229.875	/	972.4095
	=	23.64 %

Hope'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0	/	( ( (1984.476 - 981.311)	+	(1906.929 - 947.697) )	/ 2 )
	=	0	/	( ( 1003.165	+	959.232 )	/ 2 )
	=	0	/	981.1985
	=	0.00 %

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

Hope (TSE:6195) 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.

Hope ROCE % Related Terms

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Hope Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hope Inc (TSE:6195) » Definitions » ROCE %

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N/A

Address

1-14-5 Yakuin, 7th Floor, MG Yakuin Building, Fukuoka, JPN, 810-0022

Website

http://www.zaigenkakuho.com

Hope Inc provides services specialized for local governments to secure financial resources and reduce expenses. The company, along with its subsidiaries, operates in the following reportable segments; Advertising Business, Jichitai Works Business, and Others. A majority of its revenue is generated from the Advertising business, which involves purchasing advertising space on various media such as websites, newsletters, tax notices, etc., owned by local governments through bidding and selling it to private companies (smart resource services), collaborating with local governments to publish information booklets for residents (smart creation services), and offering financial resources consulting to local governments.

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