Sambhaav Media (NSE:SAMBHAAV) ROCE % : 8.92% (As of Dec. 2023)

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What is Sambhaav Media 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. Sambhaav Media's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.92%.

Sambhaav Media ROCE % Historical Data

The historical data trend for Sambhaav Media'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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Sambhaav Media ROCE % Chart

Sambhaav Media Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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6.42

3.06

0.94

-2.28

2.49

Sambhaav Media Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															2.55	-1.57	-8.31	2.64	8.92

Sambhaav Media ROCE % Calculation

Sambhaav Media's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	23.341	/	( ( (1066.282 - 140.347)	+	(1100.051 - 148.769) )	/ 2 )
	=	23.341	/	( (925.935	+	951.282)	/ 2 )
	=	23.341	/	938.6085
	=	2.49 %

Sambhaav Media's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	81.716	/	( ( (1041.44 - 125.781)	+	(0 - 0) )	/ 1 )
	=	81.716	/	( ( 915.659	+	0 )	/ 1 )
	=	81.716	/	915.659
	=	8.92 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Sambhaav Media (NSE:SAMBHAAV) 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.

Sambhaav Media ROCE % Related Terms

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Sambhaav Media (NSE:SAMBHAAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sambhaav Media Ltd (NSE:SAMBHAAV) » Definitions » ROCE %

Traded in Other Exchanges

511630:India

Address

Premchandnagar Road, Sambhaav House, Opposite Judges’ Bungalows, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.sambhaav.com

Sambhaav Media Ltd is engaged in the business of publication of newspapers, journals, and periodicals. In addition, it operates web portals for sharing of news, entertainment, gaming, and knowledge sharing; and FM radio channels, as well as provide advertising services. Geographically all the operations of the firm function through the regions of India. The segments of the group are Media and Allied Business, and Technology and Allied Business and others. The majority of revenue is derived from Media and Allied Business segment.

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