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Yuasa Funashoku Co (TSE:8006) ROCE % : 6.29% (As of Dec. 2023)


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What is Yuasa Funashoku 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. Yuasa Funashoku Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.29%.


Yuasa Funashoku Co ROCE % Historical Data

The historical data trend for Yuasa Funashoku 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.

* Premium members only.

Yuasa Funashoku Co ROCE % Chart

Yuasa Funashoku Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.40 3.25 -1.25 10.35 4.81

Yuasa Funashoku Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.35 4.87 5.61 24.14 6.29

Yuasa Funashoku Co ROCE % Calculation

Yuasa Funashoku Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=1654/( ( (56694 - 23018) + (57937 - 22905) )/ 2 )
=1654/( (33676+35032)/ 2 )
=1654/34354
=4.81 %

Yuasa Funashoku Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=2420/( ( (62104 - 23911) + (65335 - 26538) )/ 2 )
=2420/( ( 38193 + 38797 )/ 2 )
=2420/38495
=6.29 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


Yuasa Funashoku Co  (TSE:8006) 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.


Yuasa Funashoku Co ROCE % Related Terms

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Yuasa Funashoku Co (TSE:8006) Business Description

Traded in Other Exchanges
N/A
Address
4 - 18 - 6 Chiba, Funabashi, JPN, 273-8551
Yuasa Funashoku Co., Ltd. is engaged in wholesale of food products in Japan. Its business activities are divided into three segments including Commercial, Hotel and Real Estate. The Commercial segment sales processed foods and foodstuffs to supermarkets, retailers, department stores, secondary wholesalers and food manufacturers. Its product offerings include rice, alcoholic beverages, wheat flour, sugar, fats, oils, mixed feed and livestock products. Hotel division manages hotels and restaurants in Tokyo. Real Estate segment is engaged in real estate leasing such as commercial facilities mainly in the metropolitan area including Chiba Prefecture.

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