Maruka Furusato (TSE:7128) ROCE % : 8.41% (As of Sep. 2024)

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What is Maruka Furusato 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. Maruka Furusato's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.41%.

Maruka Furusato ROCE % Historical Data

The historical data trend for Maruka Furusato'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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Maruka Furusato ROCE % Chart

Maruka Furusato Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

9.92

9.28

Maruka Furusato Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial								6.80	6.62	17.07	8.41	4.82

Maruka Furusato ROCE % Calculation

Maruka Furusato'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 )
	=	6923	/	( ( (122914 - 49016)	+	(120342 - 45105) )	/ 2 )
	=	6923	/	( (73898	+	75237)	/ 2 )
	=	6923	/	74567.5
	=	9.28 %

Maruka Furusato's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	6316	/	( ( (119761 - 44987)	+	(118924 - 43533) )	/ 2 )
	=	6316	/	( ( 74774	+	75391 )	/ 2 )
	=	6316	/	75082.5
	=	8.41 %

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

Maruka Furusato (TSE:7128) 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.

Maruka Furusato ROCE % Related Terms

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Maruka Furusato Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Maruka Furusato Corp (TSE:7128) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-10, Minamishin-machi, Chuo-ku, Osaka, JPN, 540-0024

Website

Maruka Furusato Corp along with its subsidiaries is engaged in business of sales of machinery, sales of tools, sales of peripherals, rental of equipment and other related services.

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