Printnet (TSE:7805) ROCE % : -2.38% (As of Feb. 2024)

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What is Printnet 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. Printnet's annualized ROCE % for the quarter that ended in Feb. 2024 was -2.38%.

Printnet ROCE % Historical Data

The historical data trend for Printnet'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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Printnet ROCE % Chart

Printnet Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Aug21

Aug22

ROCE %

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21.80

0.71

-2.15

12.95

Printnet Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															9.05	18.92	8.77	11.22	-2.38

Printnet ROCE % Calculation

Printnet's annualized ROCE % for the fiscal year that ended in Aug. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2022 )		(A: Aug. 2021 )		(A: Aug. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2022 )		(A: Aug. 2021 )		(A: Aug. 2022 )
	=	639.326	/	( ( (6703.412 - 1849.934)	+	(7455.26 - 2438.122) )	/ 2 )
	=	639.326	/	( (4853.478	+	5017.138)	/ 2 )
	=	639.326	/	4935.308
	=	12.95 %

Printnet's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-117.928	/	( ( (7314.027 - 2420.482)	+	(7283.982 - 2275.846) )	/ 2 )
	=	-117.928	/	( ( 4893.545	+	5008.136 )	/ 2 )
	=	-117.928	/	4950.8405
	=	-2.38 %

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

Printnet (TSE:7805) 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.

Printnet ROCE % Related Terms

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Printnet (TSE:7805) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Printnet Inc (TSE:7805) » Definitions » ROCE %

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Address

10-7 Jonam-Cho, Kagoshima, JPN, 892-0835

Website

http://www.odahara.jp

Printnet Inc offers environmentally friendly products by waterless printing. It offers various printing solutions including offset printing and on-demand printing services. Products printed by the company include catalogs, poster, brochure, postcard, clear file, calendar, wrapping paper, bedding, scratch card, cover, and floor sign printing.

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