Create Restaurants Holdings (TSE:3387) ROCE % : 5.88% (As of Feb. 2024)

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What is Create Restaurants 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. Create Restaurants Holdings's annualized ROCE % for the quarter that ended in Feb. 2024 was 5.88%.

Create Restaurants Holdings ROCE % Historical Data

The historical data trend for Create Restaurants 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.

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Create Restaurants Holdings ROCE % Chart

Create Restaurants Holdings Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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4.97

-14.97

7.82

5.34

7.68

Create Restaurants 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															-2.63	12.64	5.20	6.78	5.88

Create Restaurants Holdings ROCE % Calculation

Create Restaurants Holdings'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 )
	=	7295	/	( ( (133555 - 36841)	+	(130816 - 37533) )	/ 2 )
	=	7295	/	( (96714	+	93283)	/ 2 )
	=	7295	/	94998.5
	=	7.68 %

Create Restaurants 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 )
	=	5516	/	( ( (131371 - 36991)	+	(130816 - 37533) )	/ 2 )
	=	5516	/	( ( 94380	+	93283 )	/ 2 )
	=	5516	/	93831.5
	=	5.88 %

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

Create Restaurants Holdings (TSE:3387) 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.

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Create Restaurants Holdings (TSE:3387) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Create Restaurants Holdings Inc (TSE:3387) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-10-18 Higashigotanda, Shinagawa-ku, Tokyo, JPN, 141-0022

Website

http://www.createrestaurants.com

Create Restaurants Holdings Inc develops, manages, and franchises a variety of food-service brands and formats that fall into categories ranging from casual food courts and ramen to Japanese-style bars and dinnertime restaurants. The company has nearly 800 restaurants operating under nearly 200 different brands that typically offer Japanese, Western, or Chinese cuisines. The vast majority of the company's revenue is generated in Japan. Some of the company's notable brands are Isomaru-Suisan, Kissho, Tanto Tanto, Tsukemen Tetsu, and Hina Sushi.

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