AHC Group (TSE:7083) ROCE % : 1.60% (As of Feb. 2024)

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What is AHC Group 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. AHC Group's annualized ROCE % for the quarter that ended in Feb. 2024 was 1.60%.

AHC Group ROCE % Historical Data

The historical data trend for AHC Group'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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AHC Group ROCE % Chart

AHC Group Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

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28.31

9.86

2.17

-5.79

2.06

AHC Group Quarterly Data
	Nov18	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															-7.03	-0.62	4.34	11.36	1.60

AHC Group ROCE % Calculation

AHC Group's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	86.756	/	( ( (5206.497 - 1061.927)	+	(5246.994 - 972.999) )	/ 2 )
	=	86.756	/	( (4144.57	+	4273.995)	/ 2 )
	=	86.756	/	4209.2825
	=	2.06 %

AHC Group'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 )
	=	67.5	/	( ( (5246.994 - 972.999)	+	(5120.834 - 943.522) )	/ 2 )
	=	67.5	/	( ( 4273.995	+	4177.312 )	/ 2 )
	=	67.5	/	4225.6535
	=	1.60 %

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

AHC Group (TSE:7083) 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.

AHC Group ROCE % Related Terms

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AHC Group (TSE:7083) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AHC Group Inc (TSE:7083) » Definitions » ROCE %

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N/A

Address

2-11-9, Iwamotocho, 2nd Floor Itopia Hashimoto Building, Chiyoda-ku, Tokyo, JPN, 11101-0032

Website

https://www.ahc.co.jp

AHC Group Inc is a provider of disability welfare and nursing care services. The welfare business provides children with a disability place support and employment support. The nursing care business provides day care services for the elderly. The company operates a restaurant business.

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