NMAX (Newsmax) ROCE %: 8.03% (As of Jun. 2026)

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NMAX Newsmax Inc NMAX
12 GF Score
Price $10.87
! 3 Warning Signs
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What is Newsmax ROCE %?

Newsmax NMAX +14.54% 12 ROCE % is 8.03% as of Jun. 2026. GuruFocus rates NMAX with a GF Score™ of 12/100. 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. Newsmax's annualized ROCE % for the quarter that ended in Jun. 2026 was 8.03%.

Newsmax  (NYSE:NMAX) 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.

Newsmax ROCE % Related Terms

Newsmax ROCE % Historical Data

* Premium members only.

The historical data trend for Newsmax'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.

Newsmax ROCE % Chart

Newsmax Annual Data
Trend Dec23 Dec24 Dec25
ROCE %
-211.11 -333.80 -109.31

Newsmax Quarterly Data
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 -161.43 -9.89 -7.56 -5.85 8.03
NMAX
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Newsmax Inc NMAX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Newsmax ROCE % Calculation

Newsmax's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-99.472/( ( (146.073 - 122.647) + (239.843 - 81.276) )/ 2 )
=-99.472/( (23.426+158.567)/ 2 )
=-99.472/90.9965
=-109.31 %

Newsmax'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 )
=11.476/( ( (226.258 - 86.123) + (230.28 - 84.542) )/ 2 )
=11.476/( ( 140.135 + 145.738 )/ 2 )
=11.476/142.9365
=8.03 %

(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 8.03% mean?
Newsmax (NMAX) has a ROCE % of 8.03% as of Jun. 2026.
Is Newsmax's ROCE % too high?
Newsmax's current ROCE % is 8.03%. The Media - Diversified industry median ROCE % is 3.25. Newsmax's value of 8.03% is 147.5% above this industry median. Overall, Newsmax has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Newsmax's ROCE % compare to SBGI and IHRT?
Newsmax's ROCE % of 8.03% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.25. Newsmax's value of 8.03% is 147.5% 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 3.25, based on 976 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. Newsmax's current ROCE % of 8.03% is 147.5% 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 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newsmax's current ROCE % is 8.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newsmax stock overvalued right now?
Newsmax (NMAX) has a current ROCE % of 8.03%. The current ROCE % is 8.03% and 147.5% above the Media - Diversified industry median of 3.25. Newsmax's overall GF Score™ is 12/100 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 Newsmax (NMAX), the current ROCE % is 8.03% 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.

Newsmax Business Description

Address 750 Park of Commerce Drive, Suite 100, Boca Raton, FL, USA, 33487
Newsmax Inc is a multi-platform media company. The company provides original news and lifestyle updates from its linear cable television and over-the-top (OTT) news channels, websites, proprietary database, publishing products, and e-commerce products. It uses original news and editorial content to draw large numbers of readers to its media outlets to sell advertising, print, and online information products. The company's business operations are conducted through two operating segments: Broadcasting and Digital. Maximum revenue is generated from the Broadcasting segment, which produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies, mainly in the United States.
12GF 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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