Belc Co (TSE:9974) ROCE % : 9.89% (As of Nov. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Belc 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. Belc Co's annualized ROCE % for the quarter that ended in Nov. 2023 was 9.89%.

Belc Co ROCE % Historical Data

The historical data trend for Belc 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.

Belc Co ROCE % Chart

Belc Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

Get a 7-Day Free Trial

11.92

12.42

12.50

11.56

11.01

Belc Co 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															13.28	13.58	15.09	9.89	5.57

Belc Co ROCE % Calculation

Belc Co'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 )
	=	14862	/	( ( (169306 - 38294)	+	(184363 - 45444) )	/ 2 )
	=	14862	/	( (131012	+	138919)	/ 2 )
	=	14862	/	134965.5
	=	11.01 %

Belc Co's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	13628	/	( ( (180945 - 43465)	+	(180591 - 42567) )	/ 2 )
	=	13628	/	( ( 137480	+	138024 )	/ 2 )
	=	13628	/	137752
	=	9.89 %

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

Belc Co (TSE:9974) 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.

Belc Co ROCE % Related Terms

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

Belc Co (TSE:9974) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Belc Co Ltd (TSE:9974) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5456 Yodo Yorii-machi, Osato-gun, Saitama, JPN, 369-1298

Website

http://www.belc.co.jp

Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on the Saitama prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities and processed food. Belc Co. Ltd also provides services to its stores including chain management and cleaning.

Belc Co (TSE:9974) Headlines

No Headlines