Sanwa Holdings (TSE:5929) ROCE % : 16.01% (As of Dec. 2023)

View and export this data going back to 1963. Start your Free Trial

What is Sanwa 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. Sanwa Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.01%.

Sanwa Holdings ROCE % Historical Data

The historical data trend for Sanwa 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.

Sanwa Holdings ROCE % Chart

Sanwa Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

14.39

13.25

13.65

17.90

19.55

Sanwa Holdings 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															21.82	11.19	28.82	16.01	20.61

Sanwa Holdings ROCE % Calculation

Sanwa 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 )
	=	63505	/	( ( (442274 - 144508)	+	(491701 - 139734) )	/ 2 )
	=	63505	/	( (297766	+	351967)	/ 2 )
	=	63505	/	324866.5
	=	19.55 %

Sanwa Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	54784	/	( ( (478180 - 137563)	+	(487839 - 144226) )	/ 2 )
	=	54784	/	( ( 340617	+	343613 )	/ 2 )
	=	54784	/	342115
	=	16.01 %

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

Sanwa Holdings (TSE:5929) 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.

Sanwa Holdings ROCE % Related Terms

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

Sanwa Holdings (TSE:5929) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sanwa Holdings Corp (TSE:5929) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SNWAF:USA XST:Germany

Address

Nishi-Shinjuku 2-1-1, Shinjuku Mitsui Building, 52nd Floor, Shinjuku-ku, Tokyo, JPN, 163-0478

Website

https://www.sanwa-hldgs.co.jp

Sanwa Holdings Corp produces doors for residential and non-residential buildings through its subsidiaries. It offers condominium doors, window shutters, exterior products, garage doors, operators, and hinge doors for residential buildings; and heavy-duty shutters, steel doors, partitions, stainless steel products, overhead doors, automatic doors, truck/trailer doors, and industrial doors for non-residential buildings. The company operates in Japan, North America, and Europe.

Sanwa Holdings (TSE:5929) Headlines

No Headlines