JESCO Holdings (TSE:1434) ROCE % : 24.03% (As of Feb. 2024)

View and export this data going back to 2015. Start your Free Trial

What is JESCO 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. JESCO Holdings's annualized ROCE % for the quarter that ended in Feb. 2024 was 24.03%.

JESCO Holdings ROCE % Historical Data

The historical data trend for JESCO 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.

JESCO Holdings ROCE % Chart

JESCO Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

Get a 7-Day Free Trial

-1.21

5.01

9.57

9.44

16.88

JESCO Holdings Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															44.65	33.03	-5.41	2.65	24.03

JESCO Holdings ROCE % Calculation

JESCO Holdings's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	1725.59	/	( ( (13466.618 - 4788.255)	+	(16771.154 - 5004.241) )	/ 2 )
	=	1725.59	/	( (8678.363	+	11766.913)	/ 2 )
	=	1725.59	/	10222.638
	=	16.88 %

JESCO Holdings's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	2701.628	/	( ( (18147.174 - 6943.748)	+	(18103.553 - 6822.175) )	/ 2 )
	=	2701.628	/	( ( 11203.426	+	11281.378 )	/ 2 )
	=	2701.628	/	11242.402
	=	24.03 %

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

JESCO Holdings (TSE:1434) 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.

JESCO Holdings ROCE % Related Terms

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

JESCO Holdings (TSE:1434) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » JESCO Holdings Inc (TSE:1434) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

21-1 Kita Shinjuku 2-chome Shinjuku-ku, Shinjuku Front Tower, 23rd Floor, Tokyo, JPN, 169-0074

Website

http://www.jesco.co.jp

JESCO Holdings Inc is an engineering technology company that handles the design, construction, maintenance, and maintenance related to the facilities of electricity and communication. It is engaged in engineering, procurement, and construction (EPC), Association of Southeast Asian Nations (ASEAN) EPC, and general media business. The ASEAN EPC project focuses on power plants, airports, factories, commercial facilities, and road accompaniment facilities. It also has integrated media business in which it sells large image equipment.

JESCO Holdings (TSE:1434) Headlines

No Headlines