Jain Studios (NSE:JAINSTUDIO) ROCE %: -4.73% (As of Sep. 2019)


NSE:JAINSTUDIO Jain Studios Ltd NSE:JAINSTUDIO
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What is Jain Studios ROCE %?

Jain Studios NSE:JAINSTUDIO 4 ROCE % is -4.73% as of Sep. 2019. GuruFocus rates NSE:JAINSTUDIO with a GF Score™ of 4/100.

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. Jain Studios's annualized ROCE % for the quarter that ended in Sep. 2019 was -4.73%.

Jain Studios  (NSE:JAINSTUDIO) 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.

Jain Studios ROCE % Related Terms

Jain Studios ROCE % Historical Data

* Premium members only.

The historical data trend for Jain Studios'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.

Jain Studios ROCE % Chart

Jain Studios Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.81 -4.30 -1.94 -5.49 -5.92

Jain Studios Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -5.79 -4.79 -8.73 -4.96 -4.73
NSE:JAINSTUDIO
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Jain Studios Ltd NSE:JAINSTUDIO
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Jain Studios ROCE % Calculation

Jain Studios's annualized ROCE % for the fiscal year that ended in Mar. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2019 )  (A: Mar. 2018 )(A: Mar. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2019 )  (A: Mar. 2018 )(A: Mar. 2019 )
=-21.744/( ( (716.049 - 343.598) + (691.408 - 329.596) )/ 2 )
=-21.744/( (372.451+361.812)/ 2 )
=-21.744/367.1315
=-5.92 %

Jain Studios's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=-16.476/( ( (0 - 0) + (675.742 - 327.751) )/ 1 )
=-16.476/( ( 0 + 347.991 )/ 1 )
=-16.476/347.991
=-4.73 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) 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 -4.73% mean?
Jain Studios (NSE:JAINSTUDIO) has a ROCE % of -4.73% as of Sep. 2019.
Is Jain Studios' ROCE % too high?
Jain Studios' current ROCE % is -4.73%. Overall, Jain Studios has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Jain Studios' ROCE % compare to SIRI and FOXA?
Jain Studios' ROCE % of -4.73% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.08. 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. 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. Jain Studios's current ROCE % is -4.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jain Studios stock overvalued right now?
Jain Studios (NSE:JAINSTUDIO) has a current ROCE % of -4.73%. The current ROCE % is -4.73%. Jain Studios' overall GF Score™ is 4/100. 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 Jain Studios (NSE:JAINSTUDIO), the current ROCE % is -4.73% as of Sep. 2019. 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.

Jain Studios Business Description

Address Scindia Villa, Sarojini Nagar, Ring Road, New Delhi, IND, 110023
Jain Studios Ltd is a media company engaged in broadcasting. It is engaged in marketing, production & broadcasting of television programmes. The company's other services include education infrastructure & technology; teleport; and production and distribution of cinema photographic film and mobile healthcare. It operates a 24-hour News and Current Affairs Channel under the brand name JAIN Television.
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