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Grantomato Co (TSE:7137) ROCE % : 25.35% (As of Aug. 2024)


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What is Grantomato 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. Grantomato Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 25.35%.


Grantomato Co ROCE % Historical Data

The historical data trend for Grantomato 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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Grantomato Co ROCE % Chart

Grantomato Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24
ROCE %
5.37 11.30 15.83 15.31 13.19

Grantomato Co Semi-Annual Data
Aug20 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
ROCE % Get a 7-Day Free Trial 23.50 -0.49 29.88 1.27 25.35

Grantomato Co ROCE % Calculation

Grantomato Co's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=375.554/( ( (5871.558 - 3035.268) + (5653.603 - 2793.582) )/ 2 )
=375.554/( (2836.29+2860.021)/ 2 )
=375.554/2848.1555
=13.19 %

Grantomato Co's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2024 )  (Q: Feb. 2024 )(Q: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2024 )  (Q: Feb. 2024 )(Q: Aug. 2024 )
=715.326/( ( (7314.983 - 4532.161) + (5653.603 - 2793.582) )/ 2 )
=715.326/( ( 2782.822 + 2860.021 )/ 2 )
=715.326/2821.4215
=25.35 %

(1) Note: The EBIT data used here is two times the semi-annual (Aug. 2024) EBIT data.

* 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.


Grantomato Co  (TSE:7137) 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.


Grantomato Co ROCE % Related Terms

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Grantomato Co Business Description

Traded in Other Exchanges
N/A
Address
9-5 Aza-shimotakenouchi, Mujinamori, Sukagawa, Sukagawa, JPN, 962-0723
Grantomato Co Ltd sells agricultural products such as fertilizers, greenhouses, and agricultural machinery to agricultural producers, and delivers agricultural products to consumers at low cost in cooperation with various partners.

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