Emmis (EMMS) ROCE %: -34.95% (As of Feb. 2020)


EMMS Emmis Corp EMMS
16 GF Score
Price $1.55
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What is Emmis ROCE %?

Emmis EMMS 16 ROCE % is -34.95% as of Feb. 2020. GuruFocus rates EMMS with a GF Score™ of 16/100.

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. Emmis's annualized ROCE % for the quarter that ended in Feb. 2020 was -34.95%.

Emmis  (OTCPK:EMMS) 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.

Emmis ROCE % Related Terms

Emmis ROCE % Historical Data

* Premium members only.

The historical data trend for Emmis'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.

Emmis ROCE % Chart

Emmis Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.48 12.45 37.27 9.38 -15.86

Emmis Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 -5.87 9.25 -9.76 -12.11 -34.95
EMMS
16GF Score
Emmis Corp EMMS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmis ROCE % Calculation

Emmis's annualized ROCE % for the fiscal year that ended in Feb. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2020 )  (A: Feb. 2019 )(A: Feb. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2020 )  (A: Feb. 2019 )(A: Feb. 2020 )
=-30.296/( ( (237.746 - 57.366) + (221.992 - 20.414) )/ 2 )
=-30.296/( (180.38+201.578)/ 2 )
=-30.296/190.979
=-15.86 %

Emmis's ROCE % of for the quarter that ended in Feb. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2020 )  (Q: Nov. 2019 )(Q: Feb. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2020 )  (Q: Nov. 2019 )(Q: Feb. 2020 )
=-70.22/( ( (241.507 - 41.285) + (221.992 - 20.414) )/ 2 )
=-70.22/( ( 200.222 + 201.578 )/ 2 )
=-70.22/200.9
=-34.95 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2020) 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 -34.95% mean?
Emmis (EMMS) has a ROCE % of -34.95% as of Feb. 2020.
Is Emmis' ROCE % too high?
Emmis' current ROCE % is -34.95%. Overall, Emmis has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emmis' ROCE % compare to SALM and UONE?
Emmis' ROCE % of -34.95% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. 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 3.10, based on 988 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. 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 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emmis's current ROCE % is -34.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmis stock overvalued right now?
Emmis (EMMS) has a current ROCE % of -34.95%. The current ROCE % is -34.95%. Emmis' overall GF Score™ is 16/100. 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 Emmis (EMMS), the current ROCE % is -34.95% as of Feb. 2020. 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.

Emmis Business Description

Address 40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
16GF 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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