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Aeon Hokkaido (TSE:7512) ROCE % : 17.61% (As of Feb. 2024)


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What is Aeon Hokkaido 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. Aeon Hokkaido's annualized ROCE % for the quarter that ended in Feb. 2024 was 17.61%.


Aeon Hokkaido ROCE % Historical Data

The historical data trend for Aeon Hokkaido'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.

Aeon Hokkaido ROCE % Chart

Aeon Hokkaido Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.18 11.69 6.47 8.19 9.74

Aeon Hokkaido 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 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 Premium Member Only Premium Member Only Premium Member Only 14.91 7.78 5.42 8.62 17.61

Aeon Hokkaido ROCE % Calculation

Aeon Hokkaido'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 )
=8747/( ( (152966 - 63369) + (156268 - 66287) )/ 2 )
=8747/( (89597+89981)/ 2 )
=8747/89789
=9.74 %

Aeon Hokkaido'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 )
=15708/( ( (160258 - 71867) + (156268 - 66287) )/ 2 )
=15708/( ( 88391 + 89981 )/ 2 )
=15708/89186
=17.61 %

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


Aeon Hokkaido  (TSE:7512) 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.


Aeon Hokkaido ROCE % Related Terms

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Aeon Hokkaido (TSE:7512) Business Description

Traded in Other Exchanges
Address
Honbong 21 - chome south No. 10, Shiraishi-ku, Sapporo, JPN, 003 8630
Aeon Hokkaido Corp is a Japanese company engaged in the retail business. The company operates a chain of general merchandise stores. It provides products such as clothing, residential and leisure, food products and others.

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