Banijay Group NV (XAMS:BNJ) ROCE % : 9.61% (As of Mar. 2024)

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What is Banijay Group NV 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. Banijay Group NV's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.61%.

Banijay Group NV ROCE % Historical Data

The historical data trend for Banijay Group NV'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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Banijay Group NV ROCE % Chart

Banijay Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.05

9.42

3.93

4.90

11.33

Banijay Group NV Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								6.89	7.24	9.54	20.95	9.61

Banijay Group NV ROCE % Calculation

Banijay Group NV'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 )
	=	357.7	/	( ( (5242.6 - 2196.1)	+	(5733 - 2467.6) )	/ 2 )
	=	357.7	/	( (3046.5	+	3265.4)	/ 2 )
	=	357.7	/	3155.95
	=	11.33 %

Banijay Group NV's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	318	/	( ( (5733 - 2467.6)	+	(5815.3 - 2464.2) )	/ 2 )
	=	318	/	( ( 3265.4	+	3351.1 )	/ 2 )
	=	318	/	3308.25
	=	9.61 %

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

Banijay Group NV (XAMS:BNJ) 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.

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Banijay Group NV (XAMS:BNJ) Business Description

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Traded in Other Exchanges

W320:Germany

Address

5 Rue Francois 1er, Paris, ITA, 75008

Website

https://www.flentertainment.com

FL Entertainment NV is an independent content production and fastest-growing online sports betting platform in Europe through its Banijay and Betclic Everest Group businesses. Banijay produces both scripted and non-scripted content across all genres, including reality shows, entertainment and talk shows, game shows, factual entertainment, documentary, drama, animation and comedy. Betclic Everest Group operates an online sports betting platform in Europe.