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Dustin Group AB (LTS:0R5W) ROC (Joel Greenblatt) % : 94.62% (As of Feb. 2024)


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What is Dustin Group AB ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Dustin Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 94.62%.

The historical rank and industry rank for Dustin Group AB's ROC (Joel Greenblatt) % or its related term are showing as below:

LTS:0R5W' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 74.29   Med: 430.84   Max: 1588.86
Current: 74.29

During the past 12 years, Dustin Group AB's highest ROC (Joel Greenblatt) % was 1588.86%. The lowest was 74.29%. And the median was 430.84%.

LTS:0R5W's ROC (Joel Greenblatt) % is ranked better than
69.78% of 2760 companies
in the Software industry
Industry Median: 13.15 vs LTS:0R5W: 74.29

Dustin Group AB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -37.10% per year.


Dustin Group AB ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dustin Group AB's ROC (Joel Greenblatt) % 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.

Dustin Group AB ROC (Joel Greenblatt) % Chart

Dustin Group AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 494.02 109.98 86.75 111.47 75.81

Dustin Group AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
ROC (Joel Greenblatt) % 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 108.00 65.20 50.00 87.10 94.62

Competitive Comparison of Dustin Group AB's ROC (Joel Greenblatt) %

For the Information Technology Services subindustry, Dustin Group AB's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Dustin Group AB's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Dustin Group AB's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dustin Group AB's ROC (Joel Greenblatt) % falls into.



Dustin Group AB ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2879.4 + 939 + 664.3) - (3820.3 + 0 + 1101.7)
=-439.3

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2976.8 + 895 + 80.9) - (3503.9 + 0 + 1030.5)
=-581.7

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dustin Group AB for the quarter that ended in Feb. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=570.8/( ( (591.9 + max(-439.3, 0)) + (614.6 + max(-581.7, 0)) )/ 2 )
=570.8/( ( 591.9 + 614.6 )/ 2 )
=570.8/603.25
=94.62 %

Note: The EBIT data used here is four times the quarterly (Feb. 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.


Dustin Group AB  (LTS:0R5W) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Dustin Group AB ROC (Joel Greenblatt) % Related Terms

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Dustin Group AB (LTS:0R5W) Business Description

Traded in Other Exchanges
Address
Augustendalsvagen 7, Nacka Strand, SWE, SE-131 52
Dustin Group AB operates as a IT resellers in the Nordic region. It offers a broad range of hardware, software and associated services and solutions. It operates through the following business segments: Small and Medium-sized Businesses; Large Corporate and Public Sector and Business to Consumer. The company generates maximum revenue from the Large Corporate and Public Sector (LCP) segment. Geographically, it derives a majority of revenue from Sweden. Its product offering comprises computers, tablets, accessories, phones, audio and video equipment, office equipment, and software.

Dustin Group AB (LTS:0R5W) Headlines

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