Life (ASX:LFC) ROC (Joel Greenblatt) %: -27.66% (As of Jun. 2017)


What is Life ROC (Joel Greenblatt) %?

Life ASX:LFC ROC (Joel Greenblatt) % is -27.66% as of Jun. 2017. The stock has 5 warning signs investors should review.

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. Life's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was -27.66%.

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

ASX:LFC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -877.61   Med: -132.33   Max: 241.87
Current: -97.6

During the past 13 years, Life's highest ROC (Joel Greenblatt) % was 241.87%. The lowest was -877.61%. And the median was -132.33%.

ASX:LFC's ROC (Joel Greenblatt) % is not ranked
in the Personal Services industry.
Industry Median: 13.02 vs ASX:LFC: -97.60

Life's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.70% per year.


Life  (ASX:LFC) 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.


Life ROC (Joel Greenblatt) % Related Terms


Life ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Life'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.

Life ROC (Joel Greenblatt) % Chart

Life Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun16 Jun17
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -962.64 -306.10 -746.52 -81.85 -30.33

Life Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 0.00 -210.63 -62.49 -177.49 -27.66

Life ROC (Joel Greenblatt) % Competitor Comparison

For the Personal Services subindustry, Life'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.


Life ROC (Joel Greenblatt) % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Life's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Life 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. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.404 + 0.031 + 0.018) - (1.256 + 0.042 + 3.093)
=-3.938

Working Capital(Q: Jun. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.201 + 0.035 + 0.0090000000000001) - (1.273 + 1.724 + 0.032999999999999)
=-2.785

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Life for the quarter that ended in Jun. 2017 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2016  Q: Jun. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.718/( ( (0.533 + max(-3.938, 0)) + (2.596 + max(-2.785, 0)) )/ 2 )
=-0.718/( ( 0.533 + 2.596 )/ 2 )
=-0.718/1.5645
=-45.89 %

Note: The EBIT data used here is two times the semi-annual (Jun. 2017) 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.

What does a ROC (Joel Greenblatt) % of -27.66% mean?
Life (ASX:LFC) has a ROC (Joel Greenblatt) % of -27.66% as of Jun. 2017. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Life and its competitors.
Is Life's ROC (Joel Greenblatt) % too high?
Life's current ROC (Joel Greenblatt) % is -27.66%.
How does Life's ROC (Joel Greenblatt) % compare to competitors?
Life's ROC (Joel Greenblatt) % of -27.66% can be compared against companies in the Personal Services industry. The industry median ROC (Joel Greenblatt) % is 13.02. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Personal Services company?
The median ROC (Joel Greenblatt) % among Personal Services companies is 13.02, based on 98 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Life and its competitors. For the Personal Services industry, the median ROC (Joel Greenblatt) % is 13.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Life's current ROC (Joel Greenblatt) % is -27.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Life stock overvalued right now?
Life (ASX:LFC) has a current ROC (Joel Greenblatt) % of -27.66%. The current ROC (Joel Greenblatt) % is -27.66%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Life (ASX:LFC), the current ROC (Joel Greenblatt) % is -27.66% as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Life Business Description

Address 988 Toa Payoh North, No. 07-05, Singapore, SGP, 319002
Life Corp Ltd is a holding company. The company through its subsidiaries is engaged in providing multi-religion funeral services relating to burials or cremations and including other related ancillary services and supplies. The company provides one-stop funeral, bereavement and afterlife care services in Singapore.