Wowow (TSE:4839) ROCE % : 8.73% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Wowow 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. Wowow's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.73%.

Wowow ROCE % Historical Data

The historical data trend for Wowow'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.

* Premium members only.

Wowow ROCE % Chart

Wowow Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

11.41

13.65

10.66

7.92

4.68

Wowow Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															12.14	-5.46	3.11	4.37	8.73

Wowow ROCE % Calculation

Wowow's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	3225	/	( ( (99652 - 30566)	+	(97046 - 28282) )	/ 2 )
	=	3225	/	( (69086	+	68764)	/ 2 )
	=	3225	/	68925
	=	4.68 %

Wowow's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	6068	/	( ( (92251 - 23416)	+	(92814 - 22609) )	/ 2 )
	=	6068	/	( ( 68835	+	70205 )	/ 2 )
	=	6068	/	69520
	=	8.73 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Wowow (TSE:4839) 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.

Wowow ROCE % Related Terms

Thank you for viewing the detailed overview of Wowow's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Wowow (TSE:4839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wowow Inc (TSE:4839) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

21F, Akasaka Park Building, 5-2-20, Akasaka, Minato-ku, Tokyo, JPN, 107-6121

Website

http://www.wowow.co.jp

Wowow Inc is a broadcasting station operator based in Japan. The company operates its business through two segments namely Broadcast segment and Telemarketing segment through which it provides services through cable TV, communication satellite broadcasting and Internet Protocol television, based on producing and procuring programs and conducting TV broadcasting at a fee charged by broadcasting satellite. It also offers free program distribution service for TV members only and provides digital marketing support on the web, e-mail, mail order, and travel, event planning, and operation.

Wowow (TSE:4839) Headlines

No Headlines