Yagami (NGO:7488) ROCE % : 12.68% (As of Jan. 2024)

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What is Yagami 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. Yagami's annualized ROCE % for the quarter that ended in Jan. 2024 was 12.68%.

Yagami ROCE % Historical Data

The historical data trend for Yagami'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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Yagami ROCE % Chart

Yagami Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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9.04

8.97

12.50

14.50

12.82

Yagami Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															12.47	14.28	8.05	14.53	12.68

Yagami ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	1838.592	/	( ( (17709.464 - 3757.886)	+	(18143.988 - 3407.105) )	/ 2 )
	=	1838.592	/	( (13951.578	+	14736.883)	/ 2 )
	=	1838.592	/	14344.2305
	=	12.82 %

Yagami'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 )
	=	1858.532	/	( ( (17548.435 - 3064.931)	+	(17758.243 - 2923.108) )	/ 2 )
	=	1858.532	/	( ( 14483.504	+	14835.135 )	/ 2 )
	=	1858.532	/	14659.3195
	=	12.68 %

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

Yagami (NGO:7488) 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.

Yagami ROCE % Related Terms

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Yagami (NGO:7488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Yagami Inc (NGO:7488) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 29, No. 3, Marunouchi, Nagoya, JPN, 460 0002

Website

http://www.yagami-inc.co.jp

Yagami Inc is a Japan based company engaged in providing science education equipment, facility equipment, health and welfare equipment, emergency equipment and industry electric heating system.

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