Allied Telesis Holdings KK (TSE:6835) ROCE % : 17.12% (As of Mar. 2024)

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What is Allied Telesis Holdings KK 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. Allied Telesis Holdings KK's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.12%.

Allied Telesis Holdings KK ROCE % Historical Data

The historical data trend for Allied Telesis Holdings KK'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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Allied Telesis Holdings KK ROCE % Chart

Allied Telesis Holdings KK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.04

5.92

10.68

69.34

8.78

Allied Telesis Holdings KK Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															24.10	-5.02	11.98	5.29	17.12

Allied Telesis Holdings KK ROCE % Calculation

Allied Telesis Holdings KK's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	2086.688	/	( ( (41636.82 - 19753.029)	+	(45495.29 - 19861.833) )	/ 2 )
	=	2086.688	/	( (21883.791	+	25633.457)	/ 2 )
	=	2086.688	/	23758.624
	=	8.78 %

Allied Telesis Holdings KK's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	4244.352	/	( ( (45495.29 - 19861.833)	+	(44391.645 - 20437.811) )	/ 2 )
	=	4244.352	/	( ( 25633.457	+	23953.834 )	/ 2 )
	=	4244.352	/	24793.6455
	=	17.12 %

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

Allied Telesis Holdings KK (TSE:6835) 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.

Allied Telesis Holdings KK ROCE % Related Terms

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Allied Telesis Holdings KK (TSE:6835) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Allied Telesis Holdings KK (TSE:6835) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

2nd TOC Building, 7-21-11, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031

Website

http://www.at-global.com

Allied Telesis Holdings KK is a Japan-based company engaged in the planning, development, manufacture, and sales of network devices and solutions. The company operates in three businesses namely network products, solutions, and support services. Its network products business manufactures software and hardware related products. The solutions business provides optimum ecosystem solutions. Its support services business is involved in planning and consulting, installation and structuring, operation and monitoring, and education and related support businesses.

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