Prored Partners Co (TSE:7034) ROCE % : 57.50% (As of Apr. 2024)

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What is Prored Partners 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. Prored Partners Co's annualized ROCE % for the quarter that ended in Apr. 2024 was 57.50%.

Prored Partners Co ROCE % Historical Data

The historical data trend for Prored Partners 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.

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Prored Partners Co ROCE % Chart

Prored Partners Co Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

ROCE %

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22.37

7.15

-12.13

47.44

11.03

Prored Partners Co Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial															-1.26	-4.60	-2.49	57.50	-

Prored Partners Co ROCE % Calculation

Prored Partners Co's annualized ROCE % for the fiscal year that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	1281.115	/	( ( (11978.055 - 920.081)	+	(13114.833 - 934.935) )	/ 2 )
	=	1281.115	/	( (11057.974	+	12179.898)	/ 2 )
	=	1281.115	/	11618.936
	=	11.03 %

Prored Partners Co's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Jan. 2024 )		(Q: Apr. 2024 )
	=	6945.304	/	( ( (12511.46 - 630.479)	+	(13227.698 - 949.676) )	/ 2 )
	=	6945.304	/	( ( 11880.981	+	12278.022 )	/ 2 )
	=	6945.304	/	12079.5015
	=	57.50 %

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

Prored Partners Co (TSE:7034) 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.

Prored Partners Co ROCE % Related Terms

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Prored Partners Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Prored Partners Co Ltd (TSE:7034) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

1-10-11 Shibadaimon, Minato-ku, Tokyo, JPN, 105-0012

Website

http://www.prored-p.com

Prored Partners Co Ltd is a consulting service company. Its services include Sales Growth (Increase sales, BPR (Business process re-engineering, Hands-on corporate support, Low-Cost Strategy, and other services.

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