Sankyo Tateyama (TSE:5932) ROCE % : -4.10% (As of Feb. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Sankyo Tateyama 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. Sankyo Tateyama's annualized ROCE % for the quarter that ended in Feb. 2024 was -4.10%.

Sankyo Tateyama ROCE % Historical Data

The historical data trend for Sankyo Tateyama'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.

Sankyo Tateyama ROCE % Chart

Sankyo Tateyama Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

ROCE %

Get a 7-Day Free Trial

0.08

1.29

3.71

2.40

2.66

Sankyo Tateyama 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															1.21	5.35	3.47	4.62	-4.10

Sankyo Tateyama ROCE % Calculation

Sankyo Tateyama's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	4015	/	( ( (268470 - 121826)	+	(282932 - 128008) )	/ 2 )
	=	4015	/	( (146644	+	154924)	/ 2 )
	=	4015	/	150784
	=	2.66 %

Sankyo Tateyama'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 )
	=	-6732	/	( ( (289407 - 122067)	+	(277063 - 115708) )	/ 2 )
	=	-6732	/	( ( 167340	+	161355 )	/ 2 )
	=	-6732	/	164347.5
	=	-4.10 %

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

Sankyo Tateyama (TSE:5932) 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.

Sankyo Tateyama ROCE % Related Terms

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

Sankyo Tateyama (TSE:5932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sankyo Tateyama Inc (TSE:5932) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Hayakawa, Toyama, Takaoka City, JPN, 933-8610

Website

http://www.st-grp.co.jp

Sankyo Tateyama Inc designs, develops and sells commercial and residential construction materials.

Sankyo Tateyama (TSE:5932) Headlines

No Headlines