Ain Holdings (TSE:9627) ROCE % : 15.86% (As of Jan. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Ain 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. Ain Holdings's annualized ROCE % for the quarter that ended in Jan. 2024 was 15.86%.

Ain Holdings ROCE % Historical Data

The historical data trend for Ain 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.

Ain Holdings ROCE % Chart

Ain Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

Get a 7-Day Free Trial

13.77

13.67

9.52

10.12

11.83

Ain Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															14.43	10.99	11.43	15.81	15.86

Ain Holdings ROCE % Calculation

Ain Holdings's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	15934	/	( ( (212461 - 81805)	+	(231750 - 92986) )	/ 2 )
	=	15934	/	( (130656	+	138764)	/ 2 )
	=	15934	/	134710
	=	11.83 %

Ain Holdings's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	22452	/	( ( (242922 - 102718)	+	(243688 - 100847) )	/ 2 )
	=	22452	/	( ( 140204	+	142841 )	/ 2 )
	=	22452	/	141522.5
	=	15.86 %

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

Ain Holdings (TSE:9627) 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.

Ain Holdings ROCE % Related Terms

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

Ain Holdings (TSE:9627) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ain Holdings Inc (TSE:9627) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

9627:Japan

Address

1-2-1 Higashi-Naebo-Gojo, Higashi-ku, Sapporo-shi, JPN, 007-8755

Website

http://www.ainj.co.jp

Ain Holdings Inc's core business is the dispensing pharmacy business that includes preparing and dispensing drugs based on prescriptions. The company also generates revenue by selling generic drugs wholesale, pharmacy staffing services, and pharmacy consulting services. The company's additional business activity includes both urban and suburban drug and cosmetic stores. Ain operates the ainz & tuple brand that specifically targets female consumers in urban areas. The company also executes small real estate rental strategies.

Ain Holdings (TSE:9627) Headlines

No Headlines