Emimen Co (TSE:9237) ROCE % : 26.01% (As of Oct. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Emimen 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. Emimen Co's annualized ROCE % for the quarter that ended in Oct. 2023 was 26.01%.

Emimen Co ROCE % Historical Data

The historical data trend for Emimen 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.

Emimen Co ROCE % Chart

Emimen Co Annual Data

Trend

Oct21

Oct22

Oct23

ROCE %

-48.79

14.77

26.01

Emimen Co Semi-Annual Data
	Oct21	Oct22	Oct23
ROCE %	-48.79	14.77	26.01

Emimen Co ROCE % Calculation

Emimen Co'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 )
	=	98.969	/	( ( (312.053 - 137.083)	+	(788.684 - 202.632) )	/ 2 )
	=	98.969	/	( (174.97	+	586.052)	/ 2 )
	=	98.969	/	380.511
	=	26.01 %

Emimen Co's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Oct. 2022 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Oct. 2022 )		(Q: Oct. 2023 )
	=	98.969	/	( ( (312.053 - 137.083)	+	(788.684 - 202.632) )	/ 2 )
	=	98.969	/	( ( 174.97	+	586.052 )	/ 2 )
	=	98.969	/	380.511
	=	26.01 %

(1) Note: The EBIT data used here is one times the annual (Oct. 2023) EBIT data.

Emimen Co (TSE:9237) 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.

Emimen Co ROCE % Related Terms

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

Emimen Co (TSE:9237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Emimen Co Ltd (TSE:9237) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-33 Kyomachibori, 4th Floor Kyomachibori Square, Nishi-ku, Osaka, JPN, 550-0003

Website

https://www.emimen.co.jp

Emimen Co Ltd is engaged in the business of senior home introduction services and senior home management consulting. It is a professional in selecting senior homes, providing paid nursing homes with nursing care, residential-type paid nursing homes, and elderly care homes with services, depending on the thoughts and circumstances of the caregiving family. It helps to find a suitable place to live from among a wide variety of options, including residential housing and group homes.

Emimen Co (TSE:9237) Headlines

No Headlines