Sumasapo (TSE:9342) ROCE % : 69.00% (As of Mar. 2024)

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What is Sumasapo 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. Sumasapo's annualized ROCE % for the quarter that ended in Mar. 2024 was 69.00%.

Sumasapo ROCE % Historical Data

The historical data trend for Sumasapo'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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Sumasapo ROCE % Chart

Sumasapo Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

77.93

-25.35

28.95

-41.74

28.78

Sumasapo Quarterly Data
	Sep20	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial						-30.57	-62.69	-13.81	69.00	-

Sumasapo ROCE % Calculation

Sumasapo's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	113.471	/	( ( (537.317 - 194.528)	+	(689.574 - 243.931) )	/ 2 )
	=	113.471	/	( (342.789	+	445.643)	/ 2 )
	=	113.471	/	394.216
	=	28.78 %

Sumasapo's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	246.8	/	( ( (645.576 - 314.593)	+	(699.978 - 315.64) )	/ 2 )
	=	246.8	/	( ( 330.983	+	384.338 )	/ 2 )
	=	246.8	/	357.6605
	=	69.00 %

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

Sumasapo (TSE:9342) 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.

Sumasapo ROCE % Related Terms

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Sumasapo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sumasapo Inc (TSE:9342) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-6-2 Nihombashi, Chuo-ku , Nihonbashi Front 1st Floor, Tokyo, JPN, 103-0027

Website

https://www.sumasapo.co.jp

Sumasapo Inc is engaged in providing solution for real estate management companies.

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