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Corus Entertainment (LTS:0UR4) 3-Year ROIIC % : 5.83% (As of Aug. 2024)


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What is Corus Entertainment 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. Corus Entertainment's 3-Year ROIIC % for the quarter that ended in Aug. 2024 was 5.83%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

LTS:0UR4's 3-Year ROIIC % is ranked better than
57.94% of 1001 companies
in the Media - Diversified industry
Industry Median: 0.36 vs LTS:0UR4: 5.83

Corus Entertainment 3-Year ROIIC % Historical Data

The historical data trend for Corus Entertainment'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.

Corus Entertainment 3-Year ROIIC % Chart

Corus Entertainment Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.87 28.98 -5.15 17.50 5.83

Corus Entertainment Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 17.50 - - - 5.83

Competitive Comparison of Corus Entertainment's 3-Year ROIIC %

For the Entertainment subindustry, Corus Entertainment'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.


Corus Entertainment's 3-Year ROIIC % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Corus Entertainment's 3-Year ROIIC % falls into.



Corus Entertainment 3-Year ROIIC % Calculation

Corus Entertainment's 3-Year ROIIC % for the quarter that ended in Aug. 2024 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 139.0527868 (Aug. 2024) - 275.1390207 (Aug. 2021) )/( 1183.282 (Aug. 2024) - 3517.582 (Aug. 2021) )
=-136.0862339/-2334.3
=5.83%***

* 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.


Corus Entertainment  (LTS:0UR4) 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.


Corus Entertainment 3-Year ROIIC % Related Terms

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Corus Entertainment Business Description

Traded in Other Exchanges
Address
25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5
Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which include Television, and Radio. The Television segment is comprised of its conventional television stations, streaming platforms, a social media digital agency, a social media creator network, technology, and media services. The Radio segment is comprised of several radio stations across Canada which are distributed through over-the-air, analog radio transmission, with additional delivery platforms including HD Radio, websites, podcasts, and mobile apps. A majority of the company's revenue is generated from the Television segment. Geographically, it derives key revenue from Canada and the rest from International markets.

Corus Entertainment Headlines

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