Mammy Mart (TSE:9823) ROCE % : 19.48% (As of Mar. 2024)

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What is Mammy Mart 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. Mammy Mart's annualized ROCE % for the quarter that ended in Mar. 2024 was 19.48%.

Mammy Mart ROCE % Historical Data

The historical data trend for Mammy Mart'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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Mammy Mart ROCE % Chart

Mammy Mart Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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3.81

11.47

15.52

13.07

14.19

Mammy Mart 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															11.58	15.69	13.57	21.63	19.48

Mammy Mart ROCE % Calculation

Mammy Mart's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	5945	/	( ( (60919 - 19388)	+	(66428 - 24150) )	/ 2 )
	=	5945	/	( (41531	+	42278)	/ 2 )
	=	5945	/	41904.5
	=	14.19 %

Mammy Mart's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	8528	/	( ( (68967 - 25894)	+	(68596 - 24113) )	/ 2 )
	=	8528	/	( ( 43073	+	44483 )	/ 2 )
	=	8528	/	43778
	=	19.48 %

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

Mammy Mart (TSE:9823) 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.

Mammy Mart ROCE % Related Terms

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Mammy Mart (TSE:9823) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Mammy Mart Corp (TSE:9823) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Miyaharacho 2-chome 44-1, Kita-ku, Saitama, JPN, 331-0812

Website

http://www.mami-mart.com

Mammy Mart Corp is a fresh food supermarket chain of the principal. It develops steadily based on community-based management.

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