GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Pacific Health Care Organization Inc (OTCPK:PFHO) » Definitions » ROC (Joel Greenblatt) %

Pacific Health Care Organization (Pacific Health Care Organization) ROC (Joel Greenblatt) % : 299.51% (As of Dec. 2023)


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

What is Pacific Health Care Organization 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. Pacific Health Care Organization's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 299.51%.

The historical rank and industry rank for Pacific Health Care Organization's ROC (Joel Greenblatt) % or its related term are showing as below:

PFHO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 58.95   Med: 132.68   Max: 210.22
Current: 139.05

During the past 13 years, Pacific Health Care Organization's highest ROC (Joel Greenblatt) % was 210.22%. The lowest was 58.95%. And the median was 132.68%.

PFHO's ROC (Joel Greenblatt) % is ranked better than
64.71% of 17 companies
in the Healthcare Plans industry
Industry Median: 41.55 vs PFHO: 139.05

Pacific Health Care Organization's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.70% per year.


Pacific Health Care Organization ROC (Joel Greenblatt) % Historical Data

The historical data trend for Pacific Health Care Organization'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.

Pacific Health Care Organization ROC (Joel Greenblatt) % Chart

Pacific Health Care Organization 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 126.74 58.95 129.42 98.23 135.94

Pacific Health Care Organization 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 -22.57 52.86 111.86 149.43 299.51

Competitive Comparison of Pacific Health Care Organization's ROC (Joel Greenblatt) %

For the Healthcare Plans subindustry, Pacific Health Care Organization'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.


Pacific Health Care Organization's ROC (Joel Greenblatt) % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Pacific Health Care Organization's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pacific Health Care Organization's ROC (Joel Greenblatt) % falls into.



Pacific Health Care Organization 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)
=(0.833 + 0 + 0.272) - (0.739 + 0.037 + 0.001)
=0.328

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.021 + 0 + 0.218) - (0.933 + 0.031 + -0.0010000000000001)
=0.276

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Pacific Health Care Organization 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 )
=1.216/( ( (0.074 + max(0.328, 0)) + (0.134 + max(0.276, 0)) )/ 2 )
=1.216/( ( 0.402 + 0.41 )/ 2 )
=1.216/0.406
=299.51 %

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.


Pacific Health Care Organization  (OTCPK:PFHO) 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.


Pacific Health Care Organization ROC (Joel Greenblatt) % Related Terms

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


Pacific Health Care Organization (Pacific Health Care Organization) Business Description

Traded in Other Exchanges
N/A
Address
19800 MacArthur Boulevard, Suites 306 and 307, Irvine, CA, USA, 92612
Pacific Health Care Organization Inc is a specialty workers' compensation managed care company. The company serves any size employer in the state of California as well as insurers, third-party administrators, self-administered employers, municipalities and other industries. Its services include two HCOs, MPNs, medical case management, utilization review, medical bill review, workers' compensation carve-outs and Medicare set-aside services. It also provides lien representation and expert witness testimony, ancillary to other services.
Executives
Tom Kubota director, 10 percent owner, officer: President, CEO 615 BAY HILL DR, NEWPROT BEACH CA 92660
Lauren Kubota director 1201 DOVE STREET, SUITE 300, NEWPORT BEACH CA 92660
Kristina Kubota director 1201 DOVE STREET, SUITE 300, NEWPORT BEACH CA 92660
Gunter Soraperra director LANGAKER 5A, NUZIDERS C4 A-6714
Stacy A Hadley director 5514 WILD MILBERRY DRIVE, KATY TX 77494
Fred U Odaka officer: Chief Financial Officer 21 TOULON, NEWPORT BEACH CA 92660
David Wang director 21 TOULON, NEWPORT BEACH CA 92660
Frank R. Hough officer: Chief Financial Officer 2222 FOOTHILL BOULEVARD, SUITE E-370, LA CANADA-FLINTRIDGE CA 91011
Thomas Iwanski director 1280 BISON STREET, SUITE B9-596, NEWPORT BEACH CA 92660
Donald Hellwig director, officer: Chief Financial Officer 1280 BISON STREET, SUITE B9-596, NEWPORT BEACH CA 92660
Tom Roush director 5557 NORTH CATTAIL WAY, BOISE ID 83714
Nanko Investments Inc 10 percent owner 615 BAY HILL DR, NEWPROT BEACH CA 92660
Rudy Larusso director, officer: Secretary 218 HOMEWOOD RD, LOS ANGELES CA 90049