Nomura (TSE:7131) ROCE % : 33.07% (As of Apr. 2024)

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What is Nomura 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. Nomura's annualized ROCE % for the quarter that ended in Apr. 2024 was 33.07%.

Nomura ROCE % Historical Data

The historical data trend for Nomura'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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Nomura ROCE % Chart

Nomura Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

ROCE %

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10.48

20.68

22.88

26.51

27.36

Nomura Quarterly Data
	Oct19	Oct20	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial										24.10	20.35	28.38	33.07	-

Nomura ROCE % Calculation

Nomura'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 )
	=	512.034	/	( ( (3775.051 - 2020.822)	+	(4113.961 - 2125.317) )	/ 2 )
	=	512.034	/	( (1754.229	+	1988.644)	/ 2 )
	=	512.034	/	1871.4365
	=	27.36 %

Nomura'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 )
	=	594.528	/	( ( (3496.98 - 1741.484)	+	(3740.997 - 1901.197) )	/ 2 )
	=	594.528	/	( ( 1755.496	+	1839.8 )	/ 2 )
	=	594.528	/	1797.648
	=	33.07 %

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

Nomura (TSE:7131) 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.

Nomura ROCE % Related Terms

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Nomura Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Nomura Corp (TSE:7131) » Definitions » ROCE %

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N/A

Address

5-32-23 Maesawa, Higashikurume-shi, Tokyo, JPN, 203-0032

Website

https://www.nomurasangyo.co.jp

Nomura Corp provides packaging solutions for agricultural use and logistic use, which organization consists of 2 sections, packaging machines and packaging materials.

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