Daiwa Securities Living Investment (TSE:8986) ROCE % : 3.53% (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Daiwa Securities Living Investment 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. Daiwa Securities Living Investment's annualized ROCE % for the quarter that ended in Sep. 2023 was 3.53%.

Daiwa Securities Living Investment ROCE % Historical Data

The historical data trend for Daiwa Securities Living Investment'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.

Daiwa Securities Living Investment ROCE % Chart

Daiwa Securities Living Investment Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

ROCE %

Get a 7-Day Free Trial

3.48

3.55

4.16

3.27

3.16

Daiwa Securities Living Investment Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															3.10	3.17	3.13	3.18	3.53

Daiwa Securities Living Investment ROCE % Calculation

Daiwa Securities Living Investment's annualized ROCE % for the fiscal year that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	10343.98	/	( ( (336301.982 - 15464.413)	+	(353676.673 - 20453.015) )	/ 2 )
	=	10343.98	/	( (320837.569	+	333223.658)	/ 2 )
	=	10343.98	/	327030.6135
	=	3.16 %

Daiwa Securities Living Investment's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	12180.932	/	( ( (366565.114 - 22860.2)	+	(367532.76 - 21936.547) )	/ 2 )
	=	12180.932	/	( ( 343704.914	+	345596.213 )	/ 2 )
	=	12180.932	/	344650.5635
	=	3.53 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Daiwa Securities Living Investment (TSE:8986) 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.

Daiwa Securities Living Investment ROCE % Related Terms

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

Daiwa Securities Living Investment (TSE:8986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa Securities Living Investment Corp (TSE:8986) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-2-1 Ginza, Chuo-ku, Tokyo, JPN, 105-0004

Website

https://www.daiwa-securities-living.co.jp

Daiwa Securities Living Investment Corp is an investment company operating in Japan. It invests in specified assets such as real estates that are used for residential purposes which are located across Japan.

Daiwa Securities Living Investment (TSE:8986) Headlines

No Headlines