Consolidated Media Holdings (ASX:PB1) ROC %: 14.36% (As of Jun. 2012)


What is Consolidated Media Holdings ROC %?

Consolidated Media Holdings ASX:PB1 ROC % is 14.36% as of Jun. 2012.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Consolidated Media Holdings's annualized return on capital (ROC %) for the quarter that ended in Jun. 2012 was 14.36%.

As of today (2026-06-24), Consolidated Media Holdings's WACC % is 0.00%. Consolidated Media Holdings's ROC % is 0.00% (calculated using TTM income statement data). Consolidated Media Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Consolidated Media Holdings  (ASX:PB1) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Consolidated Media Holdings's WACC % is 0.00%. Consolidated Media Holdings's ROC % is 0.00% (calculated using TTM income statement data). Consolidated Media Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Consolidated Media Holdings ROC % Related Terms

Consolidated Media Holdings ROC % Historical Data

* Premium members only.

The historical data trend for Consolidated Media Holdings's ROC % 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.

Consolidated Media Holdings ROC % Chart

Consolidated Media Holdings Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 29.90 108.87 25.32 14.36

Consolidated Media Holdings Semi-Annual Data
Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
ROC % 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 3.44 29.90 108.87 25.32 14.36

Consolidated Media Holdings ROC % Calculation

Consolidated Media Holdings's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2012 is calculated as:

ROC % (A: Jun. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2011 ) + Invested Capital (A: Jun. 2012 ))/ count )
=71.258 * ( 1 - 0% )/( (370.77 + 621.834)/ 2 )
=71.258/496.302
=14.36 %

where

Invested Capital(A: Jun. 2011 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=460.814 - 129.637 - ( 82.545 - max(0, 130.883 - 91.29+82.545))
=370.77

Invested Capital(A: Jun. 2012 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=708.37 - 163.945 - ( 85.831 - max(0, 164.772 - 87.363+85.831))
=621.834

Consolidated Media Holdings's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2012 is calculated as:

ROC % (Q: Jun. 2012 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2011 ) + Invested Capital (Q: Jun. 2012 ))/ count )
=71.258 * ( 1 - 0% )/( (370.77 + 621.834)/ 2 )
=71.258/496.302
=14.36 %

where

Invested Capital(Q: Jun. 2011 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=460.814 - 129.637 - ( 82.545 - max(0, 130.883 - 91.29+82.545))
=370.77

Invested Capital(Q: Jun. 2012 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=708.37 - 163.945 - ( 85.831 - max(0, 164.772 - 87.363+85.831))
=621.834

Note: The Operating Income data used here is one times the annual (Jun. 2012) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 14.36% mean?
Consolidated Media Holdings (ASX:PB1) has a ROC % of 14.36% as of Jun. 2012. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Consolidated Media Holdings and its competitors.
Is Consolidated Media Holdings' ROC % too high?
Consolidated Media Holdings' current ROC % is 14.36%. The Media - Diversified industry median ROC % is 1.41. Consolidated Media Holdings' value of 14.36% is 922.1% above this industry median.
How does Consolidated Media Holdings' ROC % compare to competitors?
Consolidated Media Holdings' ROC % of 14.36% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.41. Consolidated Media Holdings' value of 14.36% is 922.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.41, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Consolidated Media Holdings's current ROC % of 14.36% is 922.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Consolidated Media Holdings and its competitors. For the Media - Diversified industry, the median ROC % is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Consolidated Media Holdings's current ROC % is 14.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Consolidated Media Holdings stock overvalued right now?
Consolidated Media Holdings (ASX:PB1) has a current ROC % of 14.36%. The current ROC % is 14.36% and 922.1% above the Media - Diversified industry median of 1.41. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Consolidated Media Holdings (ASX:PB1), the current ROC % is 14.36% as of Jun. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Consolidated Media Holdings Business Description