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Jahez International Co for Information and Technology (SAU:9526) ROC (Joel Greenblatt) % : 100.93% (As of Dec. 2023)


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What is Jahez International Co for Information and Technology 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. Jahez International Co for Information and Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 100.93%.

The historical rank and industry rank for Jahez International Co for Information and Technology's ROC (Joel Greenblatt) % or its related term are showing as below:

SAU:9526' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 84.3   Med: 93.21   Max: 349
Current: 93.13

During the past 3 years, Jahez International Co for Information and Technology's highest ROC (Joel Greenblatt) % was 349.00%. The lowest was 84.30%. And the median was 93.21%.

SAU:9526's ROC (Joel Greenblatt) % is ranked better than
94.13% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 10.03 vs SAU:9526: 93.13

Jahez International Co for Information and Technology's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Jahez International Co for Information and Technology ROC (Joel Greenblatt) % Historical Data

The historical data trend for Jahez International Co for Information and Technology'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.

Jahez International Co for Information and Technology ROC (Joel Greenblatt) % Chart

Jahez International Co for Information and Technology Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
349.00 84.30 93.21

Jahez International Co for Information and Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 516.71 270.82 36.27 85.79 100.93

Competitive Comparison of Jahez International Co for Information and Technology's ROC (Joel Greenblatt) %

For the Internet Retail subindustry, Jahez International Co for Information and Technology'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.


Jahez International Co for Information and Technology's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jahez International Co for Information and Technology's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Jahez International Co for Information and Technology's ROC (Joel Greenblatt) % falls into.



Jahez International Co for Information and Technology 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.946 + 2.577 + 0.00099999999997635) - (181.235 + 0 + 87.122)
=-238.833

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.425 + 9.819 + 59.826) - (245.123 + 0 + 145.048)
=-284.101

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Jahez International Co for Information and Technology 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: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=158.198/( ( (162.739 + max(-238.833, 0)) + (150.754 + max(-284.101, 0)) )/ 2 )
=158.198/( ( 162.739 + 150.754 )/ 2 )
=158.198/156.7465
=100.93 %

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


Jahez International Co for Information and Technology  (SAU:9526) 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.


Jahez International Co for Information and Technology ROC (Joel Greenblatt) % Related Terms

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Jahez International Co for Information and Technology (SAU:9526) Business Description

Traded in Other Exchanges
N/A
Address
2065, King Abdullah bin Abdulaziz Road, P.O. Box 2065, Al-Waha District 8594, Riyadh, SAU, 12444
Jahez International Co for Information and Technology operates as an online food delivery platform, connecting users, merchants, and delivery partners across the Kingdom. It engages in providing wireless data services, systems analysis, designing and programming software and providing delivery services via e-platforms.

Jahez International Co for Information and Technology (SAU:9526) Headlines

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