Wellco Holdings (TSE:7831) ROCE % : -4.65% (As of Apr. 2024)

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What is Wellco Holdings 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. Wellco Holdings's annualized ROCE % for the quarter that ended in Apr. 2024 was -4.65%.

Wellco Holdings ROCE % Historical Data

The historical data trend for Wellco Holdings'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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Wellco Holdings ROCE % Chart

Wellco Holdings Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

ROCE %

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0.23

3.64

2.09

0.68

-6.18

Wellco Holdings Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial															-1.53	2.88	-1.41	-4.65	-

Wellco Holdings ROCE % Calculation

Wellco Holdings'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 )
	=	-395	/	( ( (11170 - 4241)	+	(9293 - 3442) )	/ 2 )
	=	-395	/	( (6929	+	5851)	/ 2 )
	=	-395	/	6390
	=	-6.18 %

Wellco Holdings'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 )
	=	-348	/	( ( (12070 - 3682)	+	(10062 - 3491) )	/ 2 )
	=	-348	/	( ( 8388	+	6571 )	/ 2 )
	=	-348	/	7479.5
	=	-4.65 %

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

Wellco Holdings (TSE:7831) 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.

Wellco Holdings ROCE % Related Terms

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Wellco Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wellco Holdings Corp (TSE:7831) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Fukudome-machi, Ishikawa-cho, Hakuzan-shi, JPN, 924-0051

Website

http://www.wellco-corp.com

Wellco Holdings Corp through its subsidiaries is engaged in the printing business. The group manufactures and sales printed advertising materials including flyers, catalogues and pamphlets; direct mails including postcards; sales promotion items including posters, as well as business printed materials including envelopes and forms.

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