Media Research Institute (TSE:9242) ROCE % : 7.74% (As of Apr. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Media Research Institute 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. Media Research Institute's annualized ROCE % for the quarter that ended in Apr. 2024 was 7.74%.

Media Research Institute ROCE % Historical Data

The historical data trend for Media Research Institute'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.

Media Research Institute ROCE % Chart

Media Research Institute Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

54.62

32.24

35.02

22.36

18.13

Media Research Institute Quarterly Data
	Jul19	Jul20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
ROCE %	Get a 7-Day Free Trial										13.63	-22.47	-23.25	105.79	7.74

Media Research Institute ROCE % Calculation

Media Research Institute's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	202.615	/	( ( (1204.956 - 152.421)	+	(1358.292 - 175.45) )	/ 2 )
	=	202.615	/	( (1052.535	+	1182.842)	/ 2 )
	=	202.615	/	1117.6885
	=	18.13 %

Media Research Institute'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 )
	=	106.792	/	( ( (1663.521 - 293.634)	+	(1640.108 - 249.056) )	/ 2 )
	=	106.792	/	( ( 1369.887	+	1391.052 )	/ 2 )
	=	106.792	/	1380.4695
	=	7.74 %

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

Media Research Institute (TSE:9242) 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.

Media Research Institute ROCE % Related Terms

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

Media Research Institute (TSE:9242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Media Research Institute Inc (TSE:9242) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8-1 Daimyo, Higo Tenjinho Building 6th Floor, Fukuoka Chuo-ku, Fukuoka, JPN, 810-0041

Website

https://mediasouken.co.jp

Media Research Institute Inc is primarily involved in the planning of job hunting events for technical college and university students.

Media Research Institute (TSE:9242) Headlines

No Headlines