Sagami Holdings (TSE:9900) ROCE % : -2.12% (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Sagami Holdings 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. Sagami Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.12%.

Sagami Holdings ROCE % Historical Data

The historical data trend for Sagami Holdings'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.

Sagami Holdings ROCE % Chart

Sagami Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-7.03

-15.07

8.53

5.71

6.47

Sagami Holdings 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															-5.93	6.83	12.08	9.06	-2.12

Sagami Holdings ROCE % Calculation

Sagami Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	1265.526	/	( ( (24156.766 - 4700.464)	+	(24943.132 - 5288.231) )	/ 2 )
	=	1265.526	/	( (19456.302	+	19654.901)	/ 2 )
	=	1265.526	/	19555.6015
	=	6.47 %

Sagami Holdings'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 )
	=	-418.68	/	( ( (24765.072 - 4909.33)	+	(24943.132 - 5288.231) )	/ 2 )
	=	-418.68	/	( ( 19855.742	+	19654.901 )	/ 2 )
	=	-418.68	/	19755.3215
	=	-2.12 %

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

Sagami Holdings (TSE:9900) 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.

Sagami Holdings ROCE % Related Terms

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

Sagami Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Sagami Holdings Corp (TSE:9900) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1709 Moritaka, Moriyama-ku, Aichi, Nagoya, JPN, 463-8535

Website

http://www.sagami.co.jp

Sagami Holdings Corp is a Japan-based company operating in the food service industry. It engages in developing Japanese-style and noodle restaurant chains in Kansai, Kanto, and Hokuriku centering on the Tokai area. It operates chain restaurants under brand name Sagami and Ajino-Mingei. It offers Japanese dishes including Soba, Udon, Kishimen, Sukiyaki set, and Nagoya-Meshi. Sagami also has overseas operations in Thailand, Vietnam, Italy, and Brazil.

Sagami Holdings Headlines

No Headlines