GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » ROCE %

SDM (Smart Digital Group) ROCE % : 63.38% (As of Sep. 2024)


View and export this data going back to 2025. Start your Free Trial

What is Smart Digital Group 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. Smart Digital Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 63.38%.

Smart Digital Group ROCE % Historical Data

The historical data trend for Smart Digital Group'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.

Smart Digital Group ROCE % Chart

Smart Digital Group Annual Data
Trend Sep22 Sep23
ROCE %
6.29 60.16

Smart Digital Group Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24
ROCE % - 26.83 78.21 9.20 63.38

Smart Digital Group ROCE % Calculation

Smart Digital Group's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=2.285/( ( (4.412 - 1.743) + (10.688 - 5.76) )/ 2 )
=2.285/( (2.669+4.928)/ 2 )
=2.285/3.7985
=60.16 %

Smart Digital Group'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: Mar. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=3.68/( ( (15.967 - 10.937) + (13.525 - 6.942) )/ 2 )
=3.68/( ( 5.03 + 6.583 )/ 2 )
=3.68/5.8065
=63.38 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

* 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.

Smart Digital Group  (NAS:SDM) 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.

Smart Digital Group ROCE % Related Terms

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

Smart Digital Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » ROCE %
Comparable Companies
EVC EDHL HFUS TSQ MCHX CDLX KARX QMMM TZUP ABLV TSE:3978 APP TTD XPAR:PUB SZSE:002027 OMC IPG LSE:WPP TSE:4324 TSE:4751
Traded in Other Exchanges
N/A
Address
150 Beach Road, 805/06 Gateway West, Singapore, SGP, 189720
Website
http://www.smdmeta.com
Smart Digital Group Ltd is a holding company and operates through subsidiaries. It is engaged in event planning and execution services. The company services include (1) event planning and execution services (2) internet media services, (3) software customization and marketing services, and (4) business planning and consulting services. Company generates key revenue from internet media services which include developing marketing strategies, designing marketing content, distributing such marketing content on select internet platforms and other related services.