DD Group Co (TSE:3073) ROCE % : 13.54% (As of Feb. 2024)

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What is DD Group 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. DD Group Co's annualized ROCE % for the quarter that ended in Feb. 2024 was 13.54%.

DD Group Co ROCE % Historical Data

The historical data trend for DD Group 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.

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DD Group Co ROCE % Chart

DD Group Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

ROCE %

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10.61

-50.35

0.91

6.45

16.61

DD Group 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															14.05	27.84	9.29	10.02	13.54

DD Group Co ROCE % Calculation

DD Group 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 )
	=	2611	/	( ( (35248 - 20409)	+	(34292 - 17687) )	/ 2 )
	=	2611	/	( (14839	+	16605)	/ 2 )
	=	2611	/	15722
	=	16.61 %

DD Group Co's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	2304	/	( ( (32823 - 15387)	+	(34292 - 17687) )	/ 2 )
	=	2304	/	( ( 17436	+	16605 )	/ 2 )
	=	2304	/	17020.5
	=	13.54 %

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

DD Group Co (TSE:3073) 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.

DD Group Co ROCE % Related Terms

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DD Group Co (TSE:3073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » DD Group Co Ltd (TSE:3073) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-23 Shiba, Minato-ku, Tokyo Mita NN Building 18F, Tokyo, JPN

Website

https://www.dd-grp.com

DD Group Co Ltd is engaged in offering the management and planning of the food and drink business which includes pubs and restaurants. The restaurants include vampire cafe, glass dance, shimanto river, pork of Versailles, tori fuka, and hungry black shop.

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