FDK (TSE:6955) ROCE % : 12.21% (As of Dec. 2024)

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What is FDK 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. FDK's annualized ROCE % for the quarter that ended in Dec. 2024 was 12.21%.

FDK ROCE % Historical Data

The historical data trend for FDK'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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FDK ROCE % Chart

FDK Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-13.60

18.16

8.92

6.45

4.57

FDK Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															2.51	9.34	2.01	11.26	12.21

FDK ROCE % Calculation

FDK'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 )
	=	766	/	( ( (47130 - 30928)	+	(51556 - 34219) )	/ 2 )
	=	766	/	( (16202	+	17337)	/ 2 )
	=	766	/	16769.5
	=	4.57 %

FDK's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	2172	/	( ( (47004 - 29846)	+	(48813 - 30381) )	/ 2 )
	=	2172	/	( ( 17158	+	18432 )	/ 2 )
	=	2172	/	17795
	=	12.21 %

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

FDK (TSE:6955) 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.

FDK ROCE % Related Terms

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FDK Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FDK Corp (TSE:6955) » Definitions » ROCE %

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Address

Hamagomu Bldg, 5-36-11 Shimbashi, Minato-ku, Tokyo, JPN, 105-8677

Website

http://www.fdk.co.jp

FDK Corp is a Japan-based company, engages in the manufacture and sale of electronic-related materials and products, as well as batteries. The company offers alkaline, nickel-metal hydride, lithium, and carbon-zinc batteries; and power storage systems, Li-ion capacitors, electric lights, and production systems for batteries. It also provides switching power supplies, coil devices, DC-DC power modules, multilayer power inductors, ceramic products, toners, and signal processing modules for LCDs.

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