Ministop Co (TSE:9946) ROCE % : 2.89% (As of Aug. 2024)

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What is Ministop 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. Ministop Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 2.89%.

Ministop Co ROCE % Historical Data

The historical data trend for Ministop 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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Ministop Co ROCE % Chart

Ministop Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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-5.43

-13.35

-19.50

50.47

-0.94

Ministop Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															8.08	-2.57	-6.48	-10.70	2.89

Ministop Co ROCE % Calculation

Ministop Co's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2024 )		(A: Feb. 2023 )		(A: Feb. 2024 )
	=	-442	/	( ( (79217 - 32071)	+	(77900 - 31005) )	/ 2 )
	=	-442	/	( (47146	+	46895)	/ 2 )
	=	-442	/	47020.5
	=	-0.94 %

Ministop Co's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	1312	/	( ( (81859 - 36515)	+	(90294 - 44692) )	/ 2 )
	=	1312	/	( ( 45344	+	45602 )	/ 2 )
	=	1312	/	45473
	=	2.89 %

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

Ministop Co (TSE:9946) 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.

Ministop Co ROCE % Related Terms

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Ministop Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ministop Co Ltd (TSE:9946) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

AEON Tower, 1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba, JPN, 261-8515

Website

http://www.ministop.co.jp

Ministop Co Ltd is a Japan-based company that is principally engaged in operating a convenience store chain. The company offers fresh products, like rice balls, lunch boxes, hot snacks, sandwiches, soft-serve ice cream, as well as beverages, sweets, miscellaneous products, and other items. The company provides seating areas for customers to eat foods and have a rest. Consumers can use Wi-Fi in the stores of the company, and can make tax-free purchases in some stores. The company also provides additional services, like bill payment, photocopying, ATM access, and other services.

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