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Sunsuria Bhd (XKLS:3743) ROC (Joel Greenblatt) % : 23.33% (As of Dec. 2023)


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What is Sunsuria 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. Sunsuria Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.33%.

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

XKLS:3743' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.12   Med: 17.26   Max: 164.71
Current: 28.57

During the past 13 years, Sunsuria Bhd's highest ROC (Joel Greenblatt) % was 164.71%. The lowest was -3.12%. And the median was 17.26%.

XKLS:3743's ROC (Joel Greenblatt) % is ranked better than
66.82% of 1784 companies
in the Real Estate industry
Industry Median: 10.25 vs XKLS:3743: 28.57

Sunsuria Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -37.60% per year.


Sunsuria Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Sunsuria 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.

Sunsuria Bhd ROC (Joel Greenblatt) % Chart

Sunsuria Bhd Annual Data
Trend Mar13 Mar14 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.41 17.64 14.18 13.65 16.87

Sunsuria Bhd 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 13.14 30.61 37.14 23.86 23.33

Competitive Comparison of Sunsuria Bhd's ROC (Joel Greenblatt) %

For the Real Estate - Development subindustry, Sunsuria 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.


Sunsuria Bhd's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunsuria Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Sunsuria 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)
=(66.06 + 471.578 + 277.396) - (161.77 + 0 + 246.127)
=407.137

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.197 + 462.635 + 38.661) - (362.563 + 0 + 18.549)
=198.381

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sunsuria 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 )
=88.364/( ( (72.993 + max(407.137, 0)) + (79.156 + max(198.381, 0)) )/ 2 )
=88.364/( ( 480.13 + 277.537 )/ 2 )
=88.364/378.8335
=23.33 %

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.


Sunsuria Bhd  (XKLS:3743) 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.


Sunsuria Bhd ROC (Joel Greenblatt) % Related Terms

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Sunsuria Bhd (XKLS:3743) Business Description

Traded in Other Exchanges
N/A
Address
Sunsuria Avenue, Suite 8, Main Tower, Persiaran Mahogani, Kota Damansara, PJU 5, Petaling Jaya, SGR, MYS, 47810
Sunsuria Bhd is an investment holding company. It operates in Four segments: property development, Construction, Healthcare, Investment holding & others. Property development undertakes the development of commercial and residential properties. The construction segment is engaged in construction activities. Investment holding and others include; investment activities, provision of management services, and others. The healthcare segment includes; the trading of pharmaceutical and medical goods, healthcare-related products, and the operation of integrated healthcare centers. The majority of its revenue comes from property development. The firm operates within Malaysia.

Sunsuria Bhd (XKLS:3743) Headlines

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