Smartvalue Co (TSE:9417) ROCE % : 0.06% (As of Mar. 2024)

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What is Smartvalue 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. Smartvalue Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.06%.

Smartvalue Co ROCE % Historical Data

The historical data trend for Smartvalue 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.

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Smartvalue Co ROCE % Chart

Smartvalue Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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8.35

18.32

-48.49

0.56

-2.45

Smartvalue Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															24.70	-10.90	-28.64	-18.40	0.06

Smartvalue Co ROCE % Calculation

Smartvalue Co's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-68.396	/	( ( (4120.656 - 1278.394)	+	(3866.115 - 1116.449) )	/ 2 )
	=	-68.396	/	( (2842.262	+	2749.666)	/ 2 )
	=	-68.396	/	2795.964
	=	-2.45 %

Smartvalue Co'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 )
	=	1.388	/	( ( (3684.097 - 1317.428)	+	(4166.187 - 1586.152) )	/ 2 )
	=	1.388	/	( ( 2366.669	+	2580.035 )	/ 2 )
	=	1.388	/	2473.352
	=	0.06 %

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

Smartvalue Co (TSE:9417) 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.

Smartvalue Co ROCE % Related Terms

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Smartvalue Co (TSE:9417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartvalue Co Ltd (TSE:9417) » Definitions » ROCE %

Comparable Companies

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N/A

Address

2-3-2 Utsubo-Honcho, Naniwasuji-Honmachi MID building 4th Floor, Nishi-ku, Osaka-shi, Osaka, JPN, 550-0004

Website

http://www.smartvalue.ad.jp

Smartvalue Co Ltd provides cloud and mobile solutions in Japan. Under the Cloud segment it offers information services to local governments and public institutions that contribute to meeting needs and addressing challenges in the areas of PR and public hearings, disaster preparedness, crime prevention, childcare support, tourism, and employment services; and under the Mobile solution it is engaged in the process of expanding telematics service, and also ensures safe operation and control of vehicles, into a mobility IoT platform business with broader applications. Geographically it operates through Japan.

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