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Dhampure Speciality Sugars (BOM:531923) ROC (Joel Greenblatt) % : 32.52% (As of Dec. 2023)


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What is Dhampure Speciality Sugars 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. Dhampure Speciality Sugars's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 32.52%.

The historical rank and industry rank for Dhampure Speciality Sugars's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:531923' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.16   Med: 10.36   Max: 40.9
Current: 40.9

During the past 13 years, Dhampure Speciality Sugars's highest ROC (Joel Greenblatt) % was 40.90%. The lowest was 3.16%. And the median was 10.36%.

BOM:531923's ROC (Joel Greenblatt) % is ranked better than
86.57% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 11.25 vs BOM:531923: 40.90

Dhampure Speciality Sugars's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.00% per year.


Dhampure Speciality Sugars ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dhampure Speciality Sugars'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.

Dhampure Speciality Sugars ROC (Joel Greenblatt) % Chart

Dhampure Speciality Sugars Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 4.89 13.35 3.16 20.65

Dhampure Speciality Sugars Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.57 86.47 1.39 68.41 32.52

Competitive Comparison of Dhampure Speciality Sugars's ROC (Joel Greenblatt) %

For the Confectioners subindustry, Dhampure Speciality Sugars'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.


Dhampure Speciality Sugars's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dhampure Speciality Sugars's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dhampure Speciality Sugars's ROC (Joel Greenblatt) % falls into.



Dhampure Speciality Sugars 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.381 + 38.781 + 0) - (53.195 + 0 + 12.985)
=-8.018

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dhampure Speciality Sugars for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=29.496/( ( (90.691 + max(-8.018, 0)) + (0 + max(0, 0)) )/ 1 )
=29.496/( ( 90.691 + 0 )/ 1 )
=29.496/90.691
=32.52 %

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


Dhampure Speciality Sugars  (BOM:531923) 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.


Dhampure Speciality Sugars ROC (Joel Greenblatt) % Related Terms

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Dhampure Speciality Sugars (BOM:531923) Business Description

Traded in Other Exchanges
N/A
Address
24, School Lane, Bengali Market, Near WTC, New Delhi, IND, 110001
Dhampure Speciality Sugars Ltd is an India-based specialty sugar manufacturer. The company is involved in multi-faceted businesses of manufacturing, consulting, marketing, imports and exports. Its products includes Brown sugar, Demerara, Muscovado sugar, Icing sugar, Coffee crystals, Castor sugar, Golden syrup, Jaggery, and Treacle. In addition, the company process manufactured spices. It sells the products in India and also exports it to other countries, of which prime revenue is generated within India.

Dhampure Speciality Sugars (BOM:531923) Headlines

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