Imagica Group (TSE:6879) ROCE % : 10.83% (As of Dec. 2023)

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What is Imagica Group 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. Imagica Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.83%.

Imagica Group ROCE % Historical Data

The historical data trend for Imagica Group'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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Imagica Group ROCE % Chart

Imagica Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-3.23

5.60

10.42

8.57

17.40

Imagica Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															11.48	40.09	6.39	7.40	10.83

Imagica Group ROCE % Calculation

Imagica Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	7810.123	/	( ( (73384.32 - 32278.892)	+	(81888.191 - 33205.274) )	/ 2 )
	=	7810.123	/	( (41105.428	+	48682.917)	/ 2 )
	=	7810.123	/	44894.1725
	=	17.40 %

Imagica Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	5077.74	/	( ( (76556.248 - 30100.606)	+	(78142.639 - 30828.368) )	/ 2 )
	=	5077.74	/	( ( 46455.642	+	47314.271 )	/ 2 )
	=	5077.74	/	46884.9565
	=	10.83 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Imagica Group (TSE:6879) 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.

Imagica Group ROCE % Related Terms

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Imagica Group (TSE:6879) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Imagica Group Inc (TSE:6879) » Definitions » ROCE %

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Address

1-3-2 Uchisaiwaicho, Chiyoda-ku, Uchisaiwaicho Tokyu Building, 11th Floor, Tokyo, JPN, 100-0011

Website

https://www.imagicagroup.co.jp

Imagica Group Inc is engaged in the media business. The company's business segment include Content Creation, Production Services, Media Localization, and Imaging Systems. The Content Creation segment provides rights management services. Production Services segment offers a one-stop solution for specialized creative services to meet various requests, including Shooting / Editing and Sound Services for film, TV programs, TV commercials, and promotions / DCP (Digital Cinema Package), and others. Media Localization provides dubbing, subtitling, and other media solutions for its clients, and Imaging Systems develops manufactures, import, sells and provide maintenance services for advanced equipment and software.

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