Lovable Marketing Group (TSE:9254) ROCE % : 50.87% (As of Apr. 2024)

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

What is Lovable Marketing Group 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. Lovable Marketing Group's annualized ROCE % for the quarter that ended in Apr. 2024 was 50.87%.

Lovable Marketing Group ROCE % Historical Data

The historical data trend for Lovable Marketing Group'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.

Lovable Marketing Group ROCE % Chart

Lovable Marketing Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

50.35

-7.31

39.09

11.53

Lovable Marketing Group Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Jan24	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial								31.68	3.07	24.83	50.87	-

Lovable Marketing Group ROCE % Calculation

Lovable Marketing Group'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 )
	=	84.285	/	( ( (1326.441 - 693.296)	+	(1411.44 - 582.242) )	/ 2 )
	=	84.285	/	( (633.145	+	829.198)	/ 2 )
	=	84.285	/	731.1715
	=	11.53 %

Lovable Marketing Group'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 )
	=	426.768	/	( ( (1408.55 - 587.712)	+	(1709.382 - 852.324) )	/ 2 )
	=	426.768	/	( ( 820.838	+	857.058 )	/ 2 )
	=	426.768	/	838.948
	=	50.87 %

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

Lovable Marketing Group (TSE:9254) 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.

Lovable Marketing Group ROCE % Related Terms

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

Lovable Marketing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lovable Marketing Group Inc (TSE:9254) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-2 Higashi-Shimbashi, Minato-ku T, Tokyo, JPN, 105-7105

Website

https://www.lmg.co.jp

Lovable Marketing Group Inc is engaged in the social media marketing business such as social media account management, developing and providing social media management tools.

Lovable Marketing Group Headlines

No Headlines