Next Mediaworks (BOM:532416) ROCE %: 4.49% (As of Jun. 2026)

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BOM:532416 Next Mediaworks Ltd BOM:532416
17 GF Score
Price ₹4.04
! 3 Warning Signs
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What is Next Mediaworks ROCE %?

Next Mediaworks BOM:532416 17 ROCE % is 4.49% as of Jun. 2026. GuruFocus rates BOM:532416 with a GF Score™ of 17/100. The stock has 3 warning signs investors should review.

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. Next Mediaworks's annualized ROCE % for the quarter that ended in Jun. 2026 was 4.49%.

Next Mediaworks  (BOM:532416) 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.

Next Mediaworks ROCE % Related Terms

Next Mediaworks ROCE % Historical Data

* Premium members only.

The historical data trend for Next Mediaworks'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.

Next Mediaworks ROCE % Chart

Next Mediaworks Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.33 -7.13 -24.33 21.62 -11.69

Next Mediaworks Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROCE % 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 Premium Member Only Premium Member Only -2.97 -2.94 8.07 -85.39 4.49
BOM:532416
17GF Score
Next Mediaworks Ltd BOM:532416
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Mediaworks ROCE % Calculation

Next Mediaworks's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-7.6/( ( (96.8 - 2.4) + (36.6 - 1) )/ 2 )
=-7.6/( (94.4+35.6)/ 2 )
=-7.6/65
=-11.69 %

Next Mediaworks's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=1.6/( ( (36.6 - 1) + (0 - 0) )/ 1 )
=1.6/( ( 35.6 + 0 )/ 1 )
=1.6/35.6
=4.49 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 4.49% mean?
Next Mediaworks (BOM:532416) has a ROCE % of 4.49% as of Jun. 2026.
Is Next Mediaworks' ROCE % too high?
Next Mediaworks' current ROCE % is 4.49%. The Media - Diversified industry median ROCE % is 3.20. Next Mediaworks' value of 4.49% is 40.3% above this industry median. Overall, Next Mediaworks has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Next Mediaworks' ROCE % compare to NXST?
Next Mediaworks' ROCE % of 4.49% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.20. Next Mediaworks' value of 4.49% is 40.3% 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 ROCE % for a Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.20, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Next Mediaworks's current ROCE % of 4.49% is 40.3% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median ROCE % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Mediaworks's current ROCE % is 4.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Mediaworks stock overvalued right now?
Next Mediaworks (BOM:532416) has a current ROCE % of 4.49%. The current ROCE % is 4.49% and 40.3% above the Media - Diversified industry median of 3.20. Next Mediaworks' overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Next Mediaworks (BOM:532416), the current ROCE % is 4.49% as of Jun. 2026. 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.

Next Mediaworks Business Description

Other Exchanges NEXTMEDIA:India
Address 5th Floor, Lotus Tower, A Block, Community Centre, New Friends Colony, New Delhi, IND, 110025
Next Mediaworks Ltd is engaged in the FM radio broadcasting industry. The company operates under the frequency of 94.3 MHz across cities, with a specific frequency of 95 MHz in Ahmedabad. The company has a singular operating segment focused on Media and Entertainment, providing a diverse range of content, including music, news, and entertainment programming, to its listeners.
17GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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