Amvis Holdings (TSE:7071) ROCE % : 22.95% (As of Mar. 2024)

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What is Amvis Holdings 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. Amvis Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.95%.

Amvis Holdings ROCE % Historical Data

The historical data trend for Amvis Holdings'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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Amvis Holdings ROCE % Chart

Amvis Holdings Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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22.36

20.28

19.76

20.37

23.00

Amvis Holdings 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															25.30	22.29	22.75	22.73	22.95

Amvis Holdings ROCE % Calculation

Amvis Holdings's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	9172	/	( ( (41767 - 7063)	+	(55559 - 10506) )	/ 2 )
	=	9172	/	( (34704	+	45053)	/ 2 )
	=	9172	/	39878.5
	=	23.00 %

Amvis Holdings'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 )
	=	11552	/	( ( (58197 - 9814)	+	(64952 - 12643) )	/ 2 )
	=	11552	/	( ( 48383	+	52309 )	/ 2 )
	=	11552	/	50346
	=	22.95 %

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

Amvis Holdings (TSE:7071) 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.

Amvis Holdings ROCE % Related Terms

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Amvis Holdings (TSE:7071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Amvis Holdings Inc (TSE:7071) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-8 Yaesu, Yaesmeg Building, Chuo-ku, Tokyo, JPN, 103-0028

Website

https://www.amvis.co.jp

Amvis Holdings Inc operates medical care centers. The company offers Home-visit nursing, in-home nursing support in medical centers, such as residential nursing homes for the elderly, and "Healthcare Facility-Type Hospice Business" which is provision of various services such as support for the physically challenged and the operation of facilities.

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