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Unique Fire Holdings Bhd (XKLS:0257) ROC (Joel Greenblatt) % : 24.21% (As of Dec. 2023)


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What is Unique Fire Holdings Bhd 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. Unique Fire Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 24.21%.

The historical rank and industry rank for Unique Fire Holdings Bhd's ROC (Joel Greenblatt) % or its related term are showing as below:

XKLS:0257' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.65   Med: 12.99   Max: 21.66
Current: 15.19

During the past 5 years, Unique Fire Holdings Bhd's highest ROC (Joel Greenblatt) % was 21.66%. The lowest was 6.65%. And the median was 12.99%.

XKLS:0257's ROC (Joel Greenblatt) % is ranked worse than
56.31% of 1062 companies
in the Business Services industry
Industry Median: 21.13 vs XKLS:0257: 15.19

Unique Fire Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Unique Fire Holdings Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Unique Fire Holdings Bhd'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.

Unique Fire Holdings Bhd ROC (Joel Greenblatt) % Chart

Unique Fire Holdings Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
ROC (Joel Greenblatt) %
21.66 16.12 12.21 12.99 6.65

Unique Fire Holdings Bhd Quarterly Data
Mar19 Mar20 Dec20 Mar21 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 4.55 7.50 10.38 18.52 24.21

Competitive Comparison of Unique Fire Holdings Bhd's ROC (Joel Greenblatt) %

For the Security & Protection Services subindustry, Unique Fire Holdings Bhd'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.


Unique Fire Holdings Bhd's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Unique Fire Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Unique Fire Holdings Bhd's ROC (Joel Greenblatt) % falls into.



Unique Fire Holdings Bhd 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)
=(30.508 + 24.332 + 0) - (10.556 + 0 + 1.7763568394003E-15)
=44.284

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.981 + 20.335 + 0) - (10.968 + 0 + 0)
=42.348

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Unique Fire Holdings Bhd 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 )
=17.7/( ( (29.953 + max(44.284, 0)) + (29.613 + max(42.348, 0)) )/ 2 )
=17.7/( ( 74.237 + 71.961 )/ 2 )
=17.7/73.099
=24.21 %

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.


Unique Fire Holdings Bhd  (XKLS:0257) 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.


Unique Fire Holdings Bhd ROC (Joel Greenblatt) % Related Terms

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Unique Fire Holdings Bhd (XKLS:0257) Business Description

Traded in Other Exchanges
N/A
Address
No. 9, Jalan Anggerik Mokara 31/55, Kota Kemuning, Seksyen 31, Shah Alam, SGR, MYS, 40460
Unique Fire Holdings Bhd is a fire equipment company. It has active fire protection systems, equipment and accessories for built environment, as well as the distribution of custom graphics designed fire extinguishers and other active fire protection systems, equipment and accessories plus other related services. The company has a single operating segment, namely assembly, manufacture and distribution of active fire protection systems, equipment and accessories for built environment and distribution of custom graphics designed fire extinguishers, other active fire protection systems, equipment and accessories and related services sector in Malaysia.

Unique Fire Holdings Bhd (XKLS:0257) Headlines

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