AGEHA (TSE:9330) ROCE % : 12.67% (As of Sep. 2023)

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What is AGEHA 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. AGEHA's annualized ROCE % for the quarter that ended in Sep. 2023 was 12.67%.

AGEHA ROCE % Historical Data

The historical data trend for AGEHA'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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AGEHA ROCE % Chart

AGEHA Annual Data

Trend

Sep21

Sep22

Sep23

ROCE %

8.00

17.11

12.67

AGEHA Semi-Annual Data
	Sep21	Sep22	Sep23
ROCE %	8.00	17.11	12.67

AGEHA ROCE % Calculation

AGEHA's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	115.182	/	( ( (972.378 - 319.199)	+	(1462.226 - 296.798) )	/ 2 )
	=	115.182	/	( (653.179	+	1165.428)	/ 2 )
	=	115.182	/	909.3035
	=	12.67 %

AGEHA's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	115.182	/	( ( (972.378 - 319.199)	+	(1462.226 - 296.798) )	/ 2 )
	=	115.182	/	( ( 653.179	+	1165.428 )	/ 2 )
	=	115.182	/	909.3035
	=	12.67 %

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

AGEHA (TSE:9330) 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.

AGEHA ROCE % Related Terms

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AGEHA (TSE:9330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AGEHA Inc (TSE:9330) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-12-7 Hatchobori, Uniden Building 3rd floor, Chuo-ku, Tokyo, JPN, 104-0032

Website

https://www.ageha.tv

AGEHA Inc is engaged in Providing branding consultancy and creative solutions for businesses.

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