Axial Retailing (TSE:8255) ROCE % : 14.12% (As of Dec. 2024)

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What is Axial Retailing 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. Axial Retailing's annualized ROCE % for the quarter that ended in Dec. 2024 was 14.12%.

Axial Retailing ROCE % Historical Data

The historical data trend for Axial Retailing'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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Axial Retailing ROCE % Chart

Axial Retailing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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12.49

15.32

12.04

10.63

11.34

Axial Retailing Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															16.65	2.20	11.28	12.68	14.12

Axial Retailing ROCE % Calculation

Axial Retailing's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	10864	/	( ( (122756 - 29262)	+	(131390 - 33344) )	/ 2 )
	=	10864	/	( (93494	+	98046)	/ 2 )
	=	10864	/	95770
	=	11.34 %

Axial Retailing's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	14264	/	( ( (131419 - 31007)	+	(139334 - 37650) )	/ 2 )
	=	14264	/	( ( 100412	+	101684 )	/ 2 )
	=	14264	/	101048
	=	14.12 %

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

Axial Retailing (TSE:8255) 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.

Axial Retailing ROCE % Related Terms

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Axial Retailing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Axial Retailing Inc (TSE:8255) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

18-2 Nakagoya, Niigata Prefecture, Nagaoka, JPN, 954-0193

Website

http://www.axial-r.com

Axial Retailing Inc is a regional chain-store operator, headquartered in Nagaoka, Japan. The company is focused on its supermarket business. In addition to expanding the product lineup, the company is making an effort to provide private-brand products, for example by manufacturing and processing food sold in the company's stores. The company operates its business under two brands: Harashin Narus and Fressay. More than half of the company's total stores belong to the Harashin Narus store chain, and the rest are under the Fressay store chain.

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