SPHR (Sphere Entertainment Co) ROCE %: 0.88% (As of Mar. 2026)


SPHR Sphere Entertainment Co SPHR
58 GF Score
Price $169.85
GF Value $66.63
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sphere Entertainment Co ROCE %?

Sphere Entertainment Co SPHR +5.27% 58 ROCE % is 0.88% as of Mar. 2026. GuruFocus rates SPHR with a GF Score™ of 58/100 and a GF Value™ of $66.63 (Significantly Overvalued). The stock has 6 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. Sphere Entertainment Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.88%.

Sphere Entertainment Co  (NYSE:SPHR) 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.

Sphere Entertainment Co ROCE % Related Terms

Sphere Entertainment Co ROCE % Historical Data

* Premium members only.

The historical data trend for Sphere Entertainment Co'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.

Sphere Entertainment Co ROCE % Chart

Sphere Entertainment Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 1.64 -3.68 6.23 -7.29 3.71

Sphere Entertainment Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -9.80 35.57 -14.32 3.65 0.88
SPHR
58GF Score
Sphere Entertainment Co SPHR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sphere Entertainment Co ROCE % Calculation

Sphere Entertainment Co'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: Jun. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Jun. 2024 )(A: Dec. 2025 )
=127.761/( ( (4787.892 - 1373.676) + (4209.908 - 743.374) )/ 2 )
=127.761/( (3414.216+3466.534)/ 2 )
=127.761/3440.375
=3.71 %

Sphere Entertainment Co'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: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=30.632/( ( (4209.908 - 743.374) + (4222.686 - 742.663) )/ 2 )
=30.632/( ( 3466.534 + 3480.023 )/ 2 )
=30.632/3473.2785
=0.88 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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 0.88% mean?
Sphere Entertainment Co (SPHR) has a ROCE % of 0.88% as of Mar. 2026.
Is Sphere Entertainment Co's ROCE % too high?
Sphere Entertainment Co's current ROCE % is 0.88%. The Media - Diversified industry median ROCE % is 3.10. Sphere Entertainment Co's value of 0.88% is 71.6% below this industry median. Overall, Sphere Entertainment Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sphere Entertainment Co's ROCE % compare to LION and VSNT?
Sphere Entertainment Co's ROCE % of 0.88% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. Sphere Entertainment Co's value of 0.88% is 71.6% below 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 3.10, 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. Sphere Entertainment Co's current ROCE % of 0.88% is 71.6% below 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 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere Entertainment Co's current ROCE % is 0.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere Entertainment Co stock overvalued right now?
Based on GuruFocus' analysis, Sphere Entertainment Co (SPHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $66.63, compared to a current price of $169.85 — trading 154.9% above its estimated fair value. The current ROCE % is 0.88% and 71.6% below the Media - Diversified industry median of 3.10. Sphere Entertainment Co's overall GF Score™ is 58/100 with 6 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 Sphere Entertainment Co (SPHR), the current ROCE % is 0.88% 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 Sphere Entertainment Co (SPHR) Overvalued in 2026?

Based on GuruFocus' analysis, Sphere Entertainment Co stock appears to be overvalued. The current stock price of $169.85 is trading 154.9% above its estimated GF Value™ of $66.63. GuruFocus considers Sphere Entertainment Co to be Significantly Overvalued.

Key valuation signals for SPHR:

  • ROCE %: 0.88%
  • GF Value™: $66.63 vs. price of $169.85 (154.9% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 71.6% below the Media - Diversified median

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

Sphere Entertainment Co Business Description

Other Exchanges MQ2:Germany
Address Two Penn Plaza, New York, NY, USA, 10121
Sphere Entertainment Co is a live entertainment and media company. The firm creates, writes, casts, produces, and tours shows and events. The group has two reportable segments: Sphere and MSG Networks. Sphere is a next-generation entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product.
58GF Score

Get the complete analysis for SPHR

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

$169.85
Price
$66.63
GF Value