Genda (TSE:9166) ROCE % : 1.83% (As of Jan. 2024)

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What is Genda 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. Genda's annualized ROCE % for the quarter that ended in Jan. 2024 was 1.83%.

Genda ROCE % Historical Data

The historical data trend for Genda'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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Genda ROCE % Chart

Genda Annual Data

Trend

Jan22

Jan23

Jan24

ROCE %

17.61

16.28

15.70

Genda Quarterly Data
	Jan22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial			-	27.94	16.50	21.53	1.83

Genda ROCE % Calculation

Genda's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	4607	/	( ( (31033 - 7609)	+	(52141 - 16892) )	/ 2 )
	=	4607	/	( (23424	+	35249)	/ 2 )
	=	4607	/	29336.5
	=	15.70 %

Genda'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 )
	=	612	/	( ( (40913 - 9391)	+	(52141 - 16892) )	/ 2 )
	=	612	/	( ( 31522	+	35249 )	/ 2 )
	=	612	/	33385.5
	=	1.83 %

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

Genda (TSE:9166) 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.

Genda ROCE % Related Terms

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Genda (TSE:9166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Genda Inc (TSE:9166) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9-1 Higashi Shimbashi, Tokyo Shiodome Building 17th Floor, Minato-ku, Tokyo, JPN, 105-7317

Website

https://www.genda.jp

Genda Inc is a pure holding company engaged in management support for several subsidiaries in entertainment businesses. Its main business is the operation of approximately 250 amusement arcades mainly under the GiGO brand through its wholly owned subsidiary GENDA GiGO Entertainment. Other businesses include amusement machine leasing, online crane games, sales promotions, and character licensing.

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