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Simplex Holdings (TSE:4373) ROCE % : 17.29% (As of Mar. 2024)


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What is Simplex Holdings 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. Simplex Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.29%.


Simplex Holdings ROCE % Historical Data

The historical data trend for Simplex Holdings'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.

Simplex Holdings ROCE % Chart

Simplex Holdings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
2.31 8.51 11.64 12.68 15.85

Simplex Holdings Quarterly Data
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 13.52 11.32 14.87 15.31 17.29

Simplex Holdings ROCE % Calculation

Simplex Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=8906/( ( (70266 - 9203) + (79248 - 27945) )/ 2 )
=8906/( (61063+51303)/ 2 )
=8906/56183
=15.85 %

Simplex Holdings'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 )
=9912/( ( (73602 - 10216) + (79248 - 27945) )/ 2 )
=9912/( ( 63386 + 51303 )/ 2 )
=9912/57344.5
=17.29 %

(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.


Simplex Holdings  (TSE:4373) 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.


Simplex Holdings ROCE % Related Terms

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Simplex Holdings (TSE:4373) Business Description

Traded in Other Exchanges
N/A
Address
1-23-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6319
Simplex Holdings Inc is engaged in providing total solutions from strategy to design, development, operation and maintenance.

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