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Swvl Holdings (Swvl Holdings) ROC (Joel Greenblatt) %

: 0.00% (As of Jun. 2023)
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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. Swvl Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 0.00%.

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

SWVL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4923.18   Med: -3697.61   Max: 1422.04
Current: 1422.04

During the past 5 years, Swvl Holdings's highest ROC (Joel Greenblatt) % was 1422.04%. The lowest was -4923.18%. And the median was -3697.61%.

SWVL's ROC (Joel Greenblatt) % is ranked better than
98.04% of 2760 companies
in the Software industry
Industry Median: 13.055 vs SWVL: 1422.04

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


Swvl Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Swvl Holdings'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.

Swvl Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
- -4,923.18 -1,651.86 -4,350.97 -3,044.24

Swvl Holdings Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23
ROC (Joel Greenblatt) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5,434.61 - 3,155.82 718.64 -

Competitive Comparison

For the Software - Application subindustry, Swvl Holdings'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.


Swvl Holdings ROC (Joel Greenblatt) % Distribution

For the Software industry and Technology sector, Swvl Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Swvl Holdings 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)
=(10.412 + 0 + 7.636) - (32.614 + 9.257 + 8.84)
=-32.663

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.899 + 0 + 15.247) - (14.76 + 2.174 + 9.166)
=-4.954

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Swvl Holdings for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (2.086 + max(-32.663, 0)) + (1.46 + max(-4.954, 0)) )/ 2 )
=0/( ( 2.086 + 1.46 )/ 2 )
=0/1.773
=0.00 %

Note: The EBIT data used here is four times the quarterly (Jun. 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.


Swvl Holdings  (NAS:SWVL) 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.


Swvl Holdings ROC (Joel Greenblatt) % Related Terms

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Swvl Holdings (Swvl Holdings) Business Description

Traded in Other Exchanges
N/A
Address
The Offices 4, One Central, Dubai World Trade Centre, Dubai, ARE
Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. Its technology and services provide commuters, travelers and businesses with an alternative to traditional public transportation, taxi companies or other ridesharing companies. The company's core product is B2C Swvl Retail offering, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities. Commuters use its Swvl mobile application to book rides between pre-defined pick-up points located throughout the city.