Lead Real Estate Co (Lead Real Estate Co) ROCE % : 3.42% (As of Dec. 2023)

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What is Lead Real Estate 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. Lead Real Estate Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.42%.

Lead Real Estate Co ROCE % Historical Data

The historical data trend for Lead Real Estate 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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Lead Real Estate Co ROCE % Chart

Lead Real Estate Co Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

6.54

14.68

18.93

12.79

Lead Real Estate Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			14.91	20.23	10.42	17.02	3.42

Lead Real Estate Co ROCE % Calculation

Lead Real Estate 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 )
	=	6.197	/	( ( (92.689 - 56.829)	+	(111.881 - 50.806) )	/ 2 )
	=	6.197	/	( (35.86	+	61.075)	/ 2 )
	=	6.197	/	48.4675
	=	12.79 %

Lead Real Estate Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	2.168	/	( ( (111.881 - 50.806)	+	(121.472 - 55.61) )	/ 2 )
	=	2.168	/	( ( 61.075	+	65.862 )	/ 2 )
	=	2.168	/	63.4685
	=	3.42 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Lead Real Estate Co (NAS:LRE) 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.

Lead Real Estate Co ROCE % Related Terms

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Lead Real Estate Co (Lead Real Estate Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lead Real Estate Co Ltd (NAS:LRE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nampeidai-cho, Shibuya-ku, 6th Floor, MFPR Shibuya Nanpeidai Building 16-11, Tokyo, JPN, 150-0036

Website

https://www.lead-real.co.jp

Lead Real Estate Co Ltd operates as a developer of luxury residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. It operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. It generates revenue from developing and selling single-family homes and condominiums. The company's primary and sole operating segment is real estate sales.

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