Petgo (TSE:7140) ROCE % : 7.58% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Petgo 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. Petgo's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.58%.

Petgo ROCE % Historical Data

The historical data trend for Petgo'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.

Petgo ROCE % Chart

Petgo Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

ROCE %

5.06

22.18

26.85

27.57

Petgo Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial						35.09	-20.23	38.55	37.03	7.58

Petgo ROCE % Calculation

Petgo's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	237.703	/	( ( (2488.031 - 1789.548)	+	(3075.734 - 2049.698) )	/ 2 )
	=	237.703	/	( (698.483	+	1026.036)	/ 2 )
	=	237.703	/	862.2595
	=	27.57 %

Petgo'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 )
	=	84.808	/	( ( (3309.957 - 2200.304)	+	(3349.645 - 2220.627) )	/ 2 )
	=	84.808	/	( ( 1109.653	+	1129.018 )	/ 2 )
	=	84.808	/	1119.3355
	=	7.58 %

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

Petgo (TSE:7140) 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.

Petgo ROCE % Related Terms

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

Petgo (TSE:7140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Petgo Corp (TSE:7140) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-32-2 Honcho, Harmony Tower 12th Floor, Nakano-ku, Tokyo, JPN, 164-0012

Website

https://www.corp.petgo.jp

Petgo Corp is engaged in the pet healthcare business.

Petgo (TSE:7140) Headlines

No Headlines