Teikoku Sen-I Co (TSE:3302) ROCE % : 4.84% (As of Dec. 2023)

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What is Teikoku Sen-I 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. Teikoku Sen-I Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.84%.

Teikoku Sen-I Co ROCE % Historical Data

The historical data trend for Teikoku Sen-I 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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Teikoku Sen-I Co ROCE % Chart

Teikoku Sen-I Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.54

7.74

8.99

8.14

5.04

Teikoku Sen-I Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															10.30	14.71	1.42	-0.17	4.84

Teikoku Sen-I Co ROCE % Calculation

Teikoku Sen-I Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	3522.537	/	( ( (72132.858 - 6944.168)	+	(79204.384 - 4476.796) )	/ 2 )
	=	3522.537	/	( (65188.69	+	74727.588)	/ 2 )
	=	3522.537	/	69958.139
	=	5.04 %

Teikoku Sen-I 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	3551.844	/	( ( (74926.871 - 3026.002)	+	(79204.384 - 4476.796) )	/ 2 )
	=	3551.844	/	( ( 71900.869	+	74727.588 )	/ 2 )
	=	3551.844	/	73314.2285
	=	4.84 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Teikoku Sen-I Co (TSE:3302) 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.

Teikoku Sen-I Co ROCE % Related Terms

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Teikoku Sen-I Co (TSE:3302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Teikoku Sen-I Co Ltd (TSE:3302) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-13, Nihonbashi 2-Chome, Chuo-Ku, Tokyo, JPN

Website

http://www.teisen.co.jp

Teikoku Sen-I Co Ltd manufactures and sells disaster prevention products and equipment. It offers disaster prevention products including fire hoses and fire-fighting systems; rescue and special purpose vehicles; rescue and search equipment; and anti-CBRNE terrorism and HazMat equipment consisting of detection, decontamination, protection, monitoring, and other equipment. It also provides firefighting and specialized protective clothing products; industrial rubber goods and tents; and linen yarns and fabrics. The company also offers related equipment all over Japan.

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