GMM Grammy PCL (BKK:GRAMMY) ROCE % : 1.63% (As of Dec. 2024)

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What is GMM Grammy PCL 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. GMM Grammy PCL's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.63%.

GMM Grammy PCL ROCE % Historical Data

The historical data trend for GMM Grammy PCL'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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GMM Grammy PCL ROCE % Chart

GMM Grammy PCL Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-4.73

26.16

9.76

2.55

12.08

GMM Grammy PCL Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-12.24	37.29	8.90	6.86	1.63

GMM Grammy PCL ROCE % Calculation

GMM Grammy PCL's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	528.792	/	( ( (6241.248 - 2945.699)	+	(8243.711 - 2785.071) )	/ 2 )
	=	528.792	/	( (3295.549	+	5458.64)	/ 2 )
	=	528.792	/	4377.0945
	=	12.08 %

GMM Grammy PCL's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	89.748	/	( ( (8549.161 - 2975.129)	+	(8243.711 - 2785.071) )	/ 2 )
	=	89.748	/	( ( 5574.032	+	5458.64 )	/ 2 )
	=	89.748	/	5516.336
	=	1.63 %

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

GMM Grammy PCL (BKK:GRAMMY) 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.

GMM Grammy PCL ROCE % Related Terms

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GMM Grammy PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » GMM Grammy PCL (BKK:GRAMMY) » Definitions » ROCE %

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GRAMMY-R:Thailand

Address

50 Sukhumvit 21 Road (Asoke), GMM Grammy Place Tower, Klongtoey Nua, Wattana, Bangkok, THA, 10110

Website

https://www.gmmgrammy.com

GMM Grammy PCL is engaged in various entertainment businesses, including the music business, satellite television business, Digital TV business, movies business, home shopping business, and co-investment in other businesses. The company has three principal reportable segments i.e. 1) Music segment comprising music business and showbiz 2) Media segment comprising digital TV business GMM25 3) Others segment comprising merchandise and other services business.

GMM Grammy PCL Headlines

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