GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fuji Seiki Co Ltd (TSE:6400) » Definitions » ROCE %

Fuji Seiki Co (TSE:6400) ROCE % : 7.54% (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Fuji Seiki 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. Fuji Seiki Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.54%.


Fuji Seiki Co ROCE % Historical Data

The historical data trend for Fuji Seiki 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.

* Premium members only.

Fuji Seiki Co ROCE % Chart

Fuji Seiki Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.14 5.08 20.87 12.95 9.17

Fuji Seiki Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.34 5.30 9.92 14.63 7.54

Fuji Seiki Co ROCE % Calculation

Fuji Seiki 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 )
=435.333/( ( (8790.623 - 4139.331) + (8501.479 - 3660.216) )/ 2 )
=435.333/( (4651.292+4841.263)/ 2 )
=435.333/4746.2775
=9.17 %

Fuji Seiki Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=373.764/( ( (8501.479 - 3660.216) + (8658.891 - 3583.296) )/ 2 )
=373.764/( ( 4841.263 + 5075.595 )/ 2 )
=373.764/4958.429
=7.54 %

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

* 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.


Fuji Seiki Co  (TSE:6400) 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.


Fuji Seiki Co ROCE % Related Terms

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


Fuji Seiki Co (TSE:6400) Business Description

Traded in Other Exchanges
N/A
Address
4-8-4, KAWARAMACHI, IMON KAWARAMACHI NO.2 BLDG. 5F, Osaka, JPN, 541-0048
Fuji Seiki Co Ltd is engaged in manufacturing of injection molding and precision molds. The products of the company include electronic related parts for automotive, general purpose carburetor parts, cover parts for keyless entry systems, motor gears, and optical parts.

Fuji Seiki Co (TSE:6400) Headlines

No Headlines