S.M Entertainment Co (XKRX:041510) ROCE % : 7.49% (As of Sep. 2024)

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What is S.M Entertainment Co ROCE %?

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. S.M Entertainment Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.49%.

S.M Entertainment Co ROCE % Historical Data

The historical data trend for S.M 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.

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S.M Entertainment Co ROCE % Chart

S.M Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.31

-5.52

22.88

12.70

12.35

S.M Entertainment Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															39.15	-19.01	8.24	9.13	7.49

S.M Entertainment Co ROCE % Calculation

S.M Entertainment Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	124601.989	/	( ( (1463023.492 - 467445.334)	+	(1540973.937 - 519297.11) )	/ 2 )
	=	124601.989	/	( (995578.158	+	1021676.827)	/ 2 )
	=	124601.989	/	1008627.4925
	=	12.35 %

S.M Entertainment Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	72826.952	/	( ( (1486015.746 - 505713.437)	+	(1421784.144 - 457478.016) )	/ 2 )
	=	72826.952	/	( ( 980302.309	+	964306.128 )	/ 2 )
	=	72826.952	/	972304.2185
	=	7.49 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

S.M Entertainment Co (XKRX:041510) 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.

S.M Entertainment Co ROCE % Related Terms

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S.M Entertainment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » S.M Entertainment Co (XKRX:041510) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

423, Apgujeong-ro, Gangnam-gu, Seoul, KOR, 135-906

Website

http://www.smtown.com

S.M Entertainment Co is engaged in the media industry in Korea. Its business involves recording and production of music. It also distributes its music and videos through the medium of internet. Apart from its core operations, the company ventures into management, casting and training for artists.

S.M Entertainment Co Headlines

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