Orvis (TSE:7827) ROCE % : 12.51% (As of Apr. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Orvis 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. Orvis's annualized ROCE % for the quarter that ended in Apr. 2024 was 12.51%.

Orvis ROCE % Historical Data

The historical data trend for Orvis'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.

* Premium members only.

Orvis ROCE % Chart

Orvis Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

Get a 7-Day Free Trial

5.00

2.99

2.21

9.04

10.96

Orvis Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
ROCE %	Get a 7-Day Free Trial															18.17	7.88	6.61	5.05	12.51

Orvis ROCE % Calculation

Orvis's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	1010.324	/	( ( (12996.323 - 3838.71)	+	(12212.224 - 2940.705) )	/ 2 )
	=	1010.324	/	( (9157.613	+	9271.519)	/ 2 )
	=	1010.324	/	9214.566
	=	10.96 %

Orvis'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 )
	=	1167.372	/	( ( (12011.611 - 2868.787)	+	(12909.602 - 3389.443) )	/ 2 )
	=	1167.372	/	( ( 9142.824	+	9520.159 )	/ 2 )
	=	1167.372	/	9331.4915
	=	12.51 %

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

Orvis (TSE:7827) 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.

Orvis ROCE % Related Terms

Thank you for viewing the detailed overview of Orvis's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Orvis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Orvis Corp (TSE:7827) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 48 chome four town Minamimatsunaga Fukuyama, Hiroshima Prefecture, Fukuyama, JPN, 729-0105

Website

http://www.orvis.co.jp

Orvis Corp is engaged in manufacture and sale of packaging materials, prefabricated houses, leasing of temporary buildings, general construction and solar power generation system contracting, power generation business by natural energy, management of fitness club, and rental of real estate and trading.

Orvis Headlines

No Headlines