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Dc Healthcare Holdings Bhd (XKLS:0283) ROC (Joel Greenblatt) % : 14.41% (As of Dec. 2023)


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What is Dc Healthcare 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. Dc Healthcare Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.41%.

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

XKLS:0283' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.41   Med: 38.26   Max: 52.67
Current: 14.41

During the past 5 years, Dc Healthcare Holdings Bhd's highest ROC (Joel Greenblatt) % was 52.67%. The lowest was 14.41%. And the median was 38.26%.

XKLS:0283's ROC (Joel Greenblatt) % is ranked better than
58.14% of 657 companies
in the Healthcare Providers & Services industry
Industry Median: 9.69 vs XKLS:0283: 14.41

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


Dc Healthcare Holdings Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dc Healthcare 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.

Dc Healthcare Holdings Bhd ROC (Joel Greenblatt) % Chart

Dc Healthcare Holdings Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
26.36 38.26 49.64 52.67 14.41

Dc Healthcare Holdings Bhd Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) % 26.36 38.26 49.64 52.67 14.41

Competitive Comparison of Dc Healthcare Holdings Bhd's ROC (Joel Greenblatt) %

For the Medical Care Facilities subindustry, Dc Healthcare 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.


Dc Healthcare Holdings Bhd's ROC (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dc Healthcare Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Dc Healthcare 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: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.41 + 1.852 + 4.891) - (4.916 + 0 + 4.285)
=-2.048

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.608 + 3.782 + 10.638) - (5.455 + 0 + 5.544)
=4.029

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dc Healthcare 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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.485/( ( (32.961 + max(-2.048, 0)) + (53.002 + max(4.029, 0)) )/ 2 )
=6.485/( ( 32.961 + 57.031 )/ 2 )
=6.485/44.996
=14.41 %

Note: The EBIT data used here is one times the 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.


Dc Healthcare Holdings Bhd  (XKLS:0283) 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.


Dc Healthcare Holdings Bhd ROC (Joel Greenblatt) % Related Terms

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Dc Healthcare Holdings Bhd (XKLS:0283) Business Description

Traded in Other Exchanges
N/A
Address
Centrepoint South Mid Valley City, Suites 22.01, 22.02 & 22.05, Level 22, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200
Dc Healthcare Holdings Bhd Is an investment holding company. Through its subsidiaries, the company provides Aesthetic Services specializing in Non-Invasive and Minimally-Invasive procedures. Non-Invasive procedures are medical procedures that do not involve entering the body through surgical incisions; whilst Minimally Invasive procedures limit the size and quantity of incisions and injections thereby reducing wound healing time, associated pain and risk of infection. The business activities are categorized into 2 segments, Aesthetic Services, and General Medical Services. The majority of revenue is derived from the Aesthetic Services segment.

Dc Healthcare Holdings Bhd (XKLS:0283) Headlines

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