E Media Holdings (JSE:EMN) ROCE %: 6.85% (As of Mar. 2026)

What is E Media Holdings ROCE %?

E Media Holdings JSE:EMN -2.22% 68 ROCE % is 6.85% as of Mar. 2026. GuruFocus rates JSE:EMN with a GF Score™ of 68/100 and a GF Value™ of R2.19 (Modestly Undervalued). The stock has 4 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. E Media Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.85%.

E Media Holdings (JSE:EMN) 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.

E Media Holdings ROCE % Related Terms

E Media Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for E Media Holdings'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.

E Media Holdings ROCE % Chart

E Media Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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11.46

11.37

10.20

8.94

8.12

E Media Holdings Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
ROCE %	Get a 7-Day Free Trial															12.63	8.90	8.91	9.27	6.85

68GF Score

E Media Holdings Ltd JSE:EMN

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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E Media Holdings ROCE % Calculation

E Media Holdings'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 )
	=	437.406	/	( ( (6168.087 - 871.325)	+	(6209.85 - 739.618) )	/ 2 )
	=	437.406	/	( (5296.762	+	5470.232)	/ 2 )
	=	437.406	/	5383.497
	=	8.12 %

E Media Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Sep. 2025 )		(Q: Mar. 2026 )
	=	374.964	/	( ( (6187.297 - 704.586)	+	(6209.85 - 739.618) )	/ 2 )
	=	374.964	/	( ( 5482.711	+	5470.232 )	/ 2 )
	=	374.964	/	5476.4715
	=	6.85 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 6.85% mean?

E Media Holdings (JSE:EMN) has a ROCE % of 6.85% as of Mar. 2026.

Is E Media Holdings' ROCE % too high?

E Media Holdings' current ROCE % is 6.85%. The Media - Diversified industry median ROCE % is 3.08. E Media Holdings' value of 6.85% is 122.4% above this industry median. Overall, E Media Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does E Media Holdings' ROCE % compare to NFLX and DIS?

E Media Holdings' ROCE % of 6.85% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.08. E Media Holdings' value of 6.85% is 122.4% 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 3.08, based on 981 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. E Media Holdings's current ROCE % of 6.85% is 122.4% 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 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E Media Holdings's current ROCE % is 6.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is E Media Holdings stock overvalued right now?

Based on GuruFocus' analysis, E Media Holdings (JSE:EMN) is currently considered Modestly Undervalued. The stock's GF Value™ is R2.19, compared to a current price of R1.76 — trading 19.6% below its estimated fair value. The current ROCE % is 6.85% and 122.4% above the Media - Diversified industry median of 3.08. E Media Holdings' overall GF Score™ is 68/100 with 4 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 E Media Holdings (JSE:EMN), the current ROCE % is 6.85% as of Mar. 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.

Is E Media Holdings (JSE:EMN) Overvalued in 2026?

Based on GuruFocus' analysis, E Media Holdings stock appears to be undervalued. The current stock price of R1.76 is trading 19.6% below its estimated GF Value™ of R2.19. GuruFocus considers E Media Holdings to be Modestly Undervalued.

Key valuation signals for JSE:EMN:

ROCE %: 6.85%
GF Value™: R2.19 vs. price of R1.76 (19.6% below fair value)
GF Score™: 68/100 with 4 warning signs
Industry Position: 122.4% above the Media - Diversified median

No single metric tells the full story. See the JSE:EMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

E Media Holdings Business Description

Industry Communication Services Media - Diversified

Comparable Companies JSE:AME JSE:CAT NFLX DIS WBD LYV XAMS:UMG FWONA FOXA ROKU TKO NWSA WMG XPAR:BOL PSKY SIRI MSGS LLYVA XPAR:ODET TSE:9602

Other Exchanges EMH:South Africa

Address 4 Albury Road, Dunkeld West, Hyde Park, Randburg, Johannesburg, GT, ZAF, 2196

Website https://www.emediaholdings.co.za

E Media Holdings Ltd is a South Africa-based investment holding company. Through its subsidiaries, it is predominantly engaged in the media and entertainment business. The company product portfolio includes products and services like E.TV a free-to-air commercial television channel; eNCA, a 24-hour news channel; OpenView HD and YFM, a radio station that targets the youth market, and others. In addition, the company also provides property and facilities services, including broadcast and television studios, post-production facilities, equipment rental, and sales; as well as holds investments in the television broadcasting and content creation sectors. A majority of its revenue is earned from the South African market.

68GF Score

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

R1.76

Price

R2.19

GF Value

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