JRC Co (TSE:6224) ROCE % : 23.82% (As of Aug. 2024)

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What is JRC 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. JRC Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 23.82%.

JRC Co ROCE % Historical Data

The historical data trend for JRC 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.

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JRC Co ROCE % Chart

JRC Co Annual Data

Trend

Feb22

Feb23

Feb24

ROCE %

12.92

18.91

18.86

JRC Co Quarterly Data
	Feb22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial			18.01	23.26	21.84	18.54	23.82

JRC Co ROCE % Calculation

JRC Co's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	1332.96	/	( ( (9962.292 - 2967.909)	+	(10055.111 - 2914.029) )	/ 2 )
	=	1332.96	/	( (6994.383	+	7141.082)	/ 2 )
	=	1332.96	/	7067.7325
	=	18.86 %

JRC Co's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	1662.756	/	( ( (10895.879 - 4104.677)	+	(11621.441 - 4449.775) )	/ 2 )
	=	1662.756	/	( ( 6791.202	+	7171.666 )	/ 2 )
	=	1662.756	/	6981.434
	=	23.82 %

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

JRC Co (TSE:6224) 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.

JRC Co ROCE % Related Terms

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JRC Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JRC Co Ltd (TSE:6224) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-1 Awaza Nishi-ku, Osaka Honmachi Nishi Daiichi Building 6th floor, Osaka-shi, Osaka, JPN, 550-0011

Website

https://www.jrcnet.co.jp

JRC Co Ltd is engaged in designing, manufacturing, and sales of conveyor parts and automated equipment using robots. It is also engaged in the maintenance and improvement of conveyor equipment.

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