Sakai Heavy Industries (TSE:6358) ROCE % : 9.04% (As of Sep. 2024)

View and export this data going back to 1964. Start your Free Trial

What is Sakai Heavy Industries 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. Sakai Heavy Industries's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.04%.

Sakai Heavy Industries ROCE % Historical Data

The historical data trend for Sakai Heavy Industries'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.

Sakai Heavy Industries ROCE % Chart

Sakai Heavy Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

4.21

3.49

6.55

9.96

12.36

Sakai Heavy Industries 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															20.60	8.35	9.35	10.86	9.04

Sakai Heavy Industries ROCE % Calculation

Sakai Heavy Industries'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 )
	=	3552.494	/	( ( (40804.658 - 14377.834)	+	(44237.358 - 13180.76) )	/ 2 )
	=	3552.494	/	( (26426.824	+	31056.598)	/ 2 )
	=	3552.494	/	28741.711
	=	12.36 %

Sakai Heavy Industries'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 )
	=	2897.672	/	( ( (0 - 0)	+	(43167.475 - 11111.042) )	/ 1 )
	=	2897.672	/	( ( 0	+	32056.433 )	/ 1 )
	=	2897.672	/	32056.433
	=	9.04 %

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

Sakai Heavy Industries (TSE:6358) 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.

Sakai Heavy Industries ROCE % Related Terms

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

Sakai Heavy Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sakai Heavy Industries Ltd (TSE:6358) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9-9 Shibadaimon, Nomura Shibadaimon Building, 5th Floor, Minato-ku, Tokyo, JPN, 105-0012

Website

http://www.sakainet.co.jp

Sakai Heavy Industries Ltd is a Japan-based construction machinery manufacturing company. It is mainly engaged in the manufacturing and sale of compaction, road maintenance, and repair machines. Products offered by the company include earthmoving vibration roller, earthmoving vibration tandem roller, tire roller, macadam roller, vibrating tandem roller, vibrating combined roller, vibrating tire roller, vibrating macadam roller, rammer, plate compactor, backward and reverse plate compactor, handguide roller, road cutter, road stabilizer, asphalt finisher, drainage paving function recovery car, and sprinkler wheel.

Sakai Heavy Industries Headlines

No Headlines