Tenpos Holdings Co (TSE:2751) ROCE % : 15.01% (As of Jan. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Tenpos Holdings 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. Tenpos Holdings Co's annualized ROCE % for the quarter that ended in Jan. 2024 was 15.01%.

Tenpos Holdings Co ROCE % Historical Data

The historical data trend for Tenpos Holdings 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.

* Premium members only.

Tenpos Holdings Co ROCE % Chart

Tenpos Holdings Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

18.88

14.67

2.23

21.22

16.30

Tenpos Holdings Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															16.74	16.12	21.75	17.84	15.01

Tenpos Holdings Co ROCE % Calculation

Tenpos Holdings Co's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	2274	/	( ( (18859 - 5546)	+	(19361 - 4775) )	/ 2 )
	=	2274	/	( (13313	+	14586)	/ 2 )
	=	2274	/	13949.5
	=	16.30 %

Tenpos Holdings Co's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	2556	/	( ( (23560 - 6042)	+	(23427 - 6896) )	/ 2 )
	=	2556	/	( ( 17518	+	16531 )	/ 2 )
	=	2556	/	17024.5
	=	15.01 %

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

Tenpos Holdings Co (TSE:2751) 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.

Tenpos Holdings Co ROCE % Related Terms

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

Tenpos Holdings Co (TSE:2751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tenpos Holdings Co Ltd (TSE:2751) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-30-17 Higashi-Kamata, Ota-ku, Tokyo, JPN, 144-0031

Website

http://www.tenpos.co.jp

Tenpos Holdings Co Ltd operates refurbished kitchen equipment stores for the food service industry. Its business activities are divided into Merchandising business, Information and service business and Food Business. The company offers tableware, kitchen equipment and cooking utensils. It is also engaged in interior and exterior design and construction business and human resources education service business.

Tenpos Holdings Co (TSE:2751) Headlines

No Headlines