Hoden Seimitsu Kako Kenkyusho Co (TSE:6469) ROCE % : 2.62% (As of Aug. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Hoden Seimitsu Kako Kenkyusho 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. Hoden Seimitsu Kako Kenkyusho Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 2.62%.

Hoden Seimitsu Kako Kenkyusho Co ROCE % Historical Data

The historical data trend for Hoden Seimitsu Kako Kenkyusho 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.

Hoden Seimitsu Kako Kenkyusho Co ROCE % Chart

Hoden Seimitsu Kako Kenkyusho Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

Get a 7-Day Free Trial

-1.71

-27.32

17.87

-3.13

2.49

Hoden Seimitsu Kako Kenkyusho Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															1.27	6.05	3.73	2.63	2.62

Hoden Seimitsu Kako Kenkyusho Co ROCE % Calculation

Hoden Seimitsu Kako Kenkyusho 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 )
	=	249.01	/	( ( (14830.65 - 6083.391)	+	(17974.743 - 6730.773) )	/ 2 )
	=	249.01	/	( (8747.259	+	11243.97)	/ 2 )
	=	249.01	/	9995.6145
	=	2.49 %

Hoden Seimitsu Kako Kenkyusho 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 )
	=	296.444	/	( ( (16714.649 - 5475.935)	+	(17126.774 - 5702.716) )	/ 2 )
	=	296.444	/	( ( 11238.714	+	11424.058 )	/ 2 )
	=	296.444	/	11331.386
	=	2.62 %

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

Hoden Seimitsu Kako Kenkyusho Co (TSE:6469) 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.

Hoden Seimitsu Kako Kenkyusho Co ROCE % Related Terms

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

Hoden Seimitsu Kako Kenkyusho Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hoden Seimitsu Kako Kenkyusho Co Ltd (TSE:6469) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3110 Iiyama, Atsugi, Kanagawa Prefecture, Kanagawa, JPN, 243-0213

Website

http://www.hsk.co.jp

Hoden Seimitsu Kako Kenkyusho Co Ltd provides engineering design and manufacturing services. It also provides surface treatment services for automotive components, industrial gas turbine component parts, aircraft engines, and chrome-free paint. Its products include electrical discharge machining, dies molding, machinery and metal products. It also manufactures press composite processing system, digital servo press, and press parts.

Hoden Seimitsu Kako Kenkyusho Co Headlines

No Headlines