GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Unipar Carbocloro SA (BSP:UNIP6) » Definitions » ROC (Joel Greenblatt) %

Unipar Carbocloro (BSP:UNIP6) ROC (Joel Greenblatt) % : 25.67% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Unipar Carbocloro 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. Unipar Carbocloro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 25.67%.

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

BSP:UNIP6' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.73   Med: 36.31   Max: 154.44
Current: 57.92

During the past 13 years, Unipar Carbocloro's highest ROC (Joel Greenblatt) % was 154.44%. The lowest was 16.73%. And the median was 36.31%.

BSP:UNIP6's ROC (Joel Greenblatt) % is ranked better than
94.87% of 1560 companies
in the Chemicals industry
Industry Median: 10.03 vs BSP:UNIP6: 57.92

Unipar Carbocloro's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 27.30% per year.


Unipar Carbocloro ROC (Joel Greenblatt) % Historical Data

The historical data trend for Unipar Carbocloro'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.

Unipar Carbocloro ROC (Joel Greenblatt) % Chart

Unipar Carbocloro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.03 33.99 154.44 101.95 59.59

Unipar Carbocloro 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 51.21 84.10 62.69 55.61 25.67

Competitive Comparison of Unipar Carbocloro's ROC (Joel Greenblatt) %

For the Chemicals subindustry, Unipar Carbocloro'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.


Unipar Carbocloro's ROC (Joel Greenblatt) % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Unipar Carbocloro's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Unipar Carbocloro 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)
=(472.894 + 339.797 + 241.83) - (596.929 + 0 + 350.963)
=106.629

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(341.044 + 281.966 + 282.606) - (547.794 + 0 + 326.031)
=31.791

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Unipar Carbocloro 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 )
=605.024/( ( (2368.051 + max(106.629, 0)) + (2206.862 + max(31.791, 0)) )/ 2 )
=605.024/( ( 2474.68 + 2238.653 )/ 2 )
=605.024/2356.6665
=25.67 %

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.


Unipar Carbocloro  (BSP:UNIP6) 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.


Unipar Carbocloro ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Unipar Carbocloro's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Unipar Carbocloro (BSP:UNIP6) Business Description

Traded in Other Exchanges
Address
Rua Joaquim Floriano, 960, 15th floor, São Paulo, BRA, 20016900
Unipar Carbocloro SA is a Brazilian company which is engaged in producing and PVC (Poly Vinyl Chloride) resins and chemicals, such as caustic soda, liquid and prills, and sodium hypochlorite. It offers chlorine, soda, hydrochloric acid, sodium hypochlorite, and dichloroethane for the use in water treatment.

Unipar Carbocloro (BSP:UNIP6) Headlines

No Headlines