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Entertainment Network (India) (BOM:532700) 3-Year ROIIC % : 11.91% (As of Mar. 2023)


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What is Entertainment Network (India) 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Entertainment Network (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2023 was 11.91%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Entertainment Network (India)'s 3-Year ROIIC % or its related term are showing as below:

BOM:532700's 3-Year ROIIC % is ranked better than
64.71% of 1006 companies
in the Media - Diversified industry
Industry Median: 0.105 vs BOM:532700: 11.91

Entertainment Network (India) 3-Year ROIIC % Historical Data

The historical data trend for Entertainment Network (India)'s 3-Year ROIIC % 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.

* Premium members only.

Entertainment Network (India) 3-Year ROIIC % Chart

Entertainment Network (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.68 137.46 82.78 174.32 11.91

Entertainment Network (India) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
3-Year ROIIC % 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 - 11.91 - - -

Competitive Comparison of Entertainment Network (India)'s 3-Year ROIIC %

For the Broadcasting subindustry, Entertainment Network (India)'s 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Entertainment Network (India)'s 3-Year ROIIC % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Entertainment Network (India)'s 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Entertainment Network (India)'s 3-Year ROIIC % falls into.



Entertainment Network (India) 3-Year ROIIC % Calculation

Entertainment Network (India)'s 3-Year ROIIC % for the quarter that ended in Mar. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -84.729048 (Mar. 2023) - 209.1520968 (Mar. 2020) )/( 6944.224 (Mar. 2023) - 9412.341 (Mar. 2020) )
=-293.8811448/-2468.117
=11.91%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Entertainment Network (India)  (BOM:532700) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Entertainment Network (India) 3-Year ROIIC % Related Terms

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Entertainment Network (India) (BOM:532700) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013
Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

Entertainment Network (India) (BOM:532700) Headlines

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