GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aker Carbon Capture ASA (LTS:0ZCB) » Definitions » ROC (Joel Greenblatt) %

Aker Carbon Capture ASA (LTS:0ZCB) ROC (Joel Greenblatt) % : -152.30% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Aker Carbon Capture ASA 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. Aker Carbon Capture ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -152.30%.

The historical rank and industry rank for Aker Carbon Capture ASA's ROC (Joel Greenblatt) % or its related term are showing as below:

LTS:0ZCB' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1014.84   Med: -532.18   Max: -200.54
Current: -204.41

During the past 4 years, Aker Carbon Capture ASA's highest ROC (Joel Greenblatt) % was -200.54%. The lowest was -1014.84%. And the median was -532.18%.

LTS:0ZCB's ROC (Joel Greenblatt) % is ranked worse than
96.81% of 3006 companies
in the Industrial Products industry
Industry Median: 13.62 vs LTS:0ZCB: -204.41

Aker Carbon Capture ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Aker Carbon Capture ASA ROC (Joel Greenblatt) % Historical Data

The historical data trend for Aker Carbon Capture ASA'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.

Aker Carbon Capture ASA ROC (Joel Greenblatt) % Chart

Aker Carbon Capture ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- -1,014.84 -532.18 -200.54

Aker Carbon Capture ASA Quarterly Data
Jul20 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 -386.03 -340.69 -206.03 -171.87 -152.30

Competitive Comparison of Aker Carbon Capture ASA's ROC (Joel Greenblatt) %

For the Pollution & Treatment Controls subindustry, Aker Carbon Capture ASA'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.


Aker Carbon Capture ASA's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aker Carbon Capture ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Aker Carbon Capture ASA's ROC (Joel Greenblatt) % falls into.



Aker Carbon Capture ASA 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)
=(117.649 + 0 + 21.13) - (923.322 + 0 + 0)
=-784.543

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94.785 + 0 + 46.275) - (118.024 + 0 + 823.082)
=-800.046

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Aker Carbon Capture ASA 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 )
=-136.728/( ( (65.139 + max(-784.543, 0)) + (114.415 + max(-800.046, 0)) )/ 2 )
=-136.728/( ( 65.139 + 114.415 )/ 2 )
=-136.728/89.777
=-152.30 %

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.


Aker Carbon Capture ASA  (LTS:0ZCB) 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.


Aker Carbon Capture ASA ROC (Joel Greenblatt) % Related Terms

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


Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 8, Lysaker, Baerum, NOR, 1366
Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

Aker Carbon Capture ASA (LTS:0ZCB) Headlines

No Headlines