Umenohana Co (TSE:7604) ROCE % : 27.52% (As of Jan. 2024)

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What is Umenohana 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. Umenohana Co's annualized ROCE % for the quarter that ended in Jan. 2024 was 27.52%.

Umenohana Co ROCE % Historical Data

The historical data trend for Umenohana 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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Umenohana Co ROCE % Chart

Umenohana Co Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Apr20

Apr21

Apr22

Apr23

ROCE %

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1.14

-19.13

-17.15

4.56

-4.28

Umenohana Co Quarterly Data
	Dec18	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															12.19	-12.55	8.53	0.37	27.52

Umenohana Co ROCE % Calculation

Umenohana Co's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-415.955	/	( ( (28699.588 - 18895.163)	+	(25304.786 - 15674.126) )	/ 2 )
	=	-415.955	/	( (9804.425	+	9630.66)	/ 2 )
	=	-415.955	/	9717.5425
	=	-4.28 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	2781.892	/	( ( (24739.689 - 15187.66)	+	(24997.128 - 14331.892) )	/ 2 )
	=	2781.892	/	( ( 9552.029	+	10665.236 )	/ 2 )
	=	2781.892	/	10108.6325
	=	27.52 %

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

Umenohana Co (TSE:7604) 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.

Umenohana Co ROCE % Related Terms

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Umenohana Co (TSE:7604) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Umenohana Co Ltd (TSE:7604) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

146 Tenjin-machi, Kurume, Fukuoka, JPN, 830-0033

Website

http://www.umenohana.co.jp

Umenohana Co Ltd owns and operates restaurants in Japan. The company operates a tofu restaurant chain. It offers dishes using tofu and yuba; China Unenohana, a Chinese restaurant; and Kanishige, a crab restaurant. It offers bean curd skin and bean curd course dishes, drinks, crab course dishes, Chinese course dishes and Chinese delicatessens. The company provides sushi, rice, Shao-Mai, fried bean curd skin and wheat gluten.

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