GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bangkok Lab and Cosmetic PCL (BKK:BLC) » Definitions » ROC (Joel Greenblatt) %

Bangkok Lab and Cosmetic PCL (BKK:BLC) ROC (Joel Greenblatt) % : 23.33% (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Bangkok Lab and Cosmetic PCL 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. Bangkok Lab and Cosmetic PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 23.33%.

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

BKK:BLC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.23   Med: 21.46   Max: 23.6
Current: 23.6

During the past 3 years, Bangkok Lab and Cosmetic PCL's highest ROC (Joel Greenblatt) % was 23.60%. The lowest was 11.23%. And the median was 21.46%.

BKK:BLC's ROC (Joel Greenblatt) % is ranked better than
73.11% of 1904 companies
in the Consumer Packaged Goods industry
Industry Median: 11.85 vs BKK:BLC: 23.60

Bangkok Lab and Cosmetic PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Bangkok Lab and Cosmetic PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bangkok Lab and Cosmetic PCL'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.

Bangkok Lab and Cosmetic PCL ROC (Joel Greenblatt) % Chart

Bangkok Lab and Cosmetic PCL Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
11.23 21.46 22.29

Bangkok Lab and Cosmetic PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.67 27.78 22.50 20.96 23.33

Competitive Comparison of Bangkok Lab and Cosmetic PCL's ROC (Joel Greenblatt) %

For the Household & Personal Products subindustry, Bangkok Lab and Cosmetic PCL'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.


Bangkok Lab and Cosmetic PCL's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bangkok Lab and Cosmetic PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bangkok Lab and Cosmetic PCL's ROC (Joel Greenblatt) % falls into.



Bangkok Lab and Cosmetic PCL 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: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(322.155 + 392.003 + 5.4639999999999) - (206.868 + 0 + 8.8170000000001)
=503.937

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(359.507 + 381.86 + 6.1300000000001) - (222.196 + 0 + 9.771)
=515.53

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bangkok Lab and Cosmetic PCL for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=226.352/( ( (432.86 + max(503.937, 0)) + (488.107 + max(515.53, 0)) )/ 2 )
=226.352/( ( 936.797 + 1003.637 )/ 2 )
=226.352/970.217
=23.33 %

Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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.


Bangkok Lab and Cosmetic PCL  (BKK:BLC) 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.


Bangkok Lab and Cosmetic PCL ROC (Joel Greenblatt) % Related Terms

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


Bangkok Lab and Cosmetic PCL Business Description

Traded in Other Exchanges
N/A
Address
Nong Chae Sao Road, No. 48/1 Moo 5, Nam Phu, Mueang Ratchaburi, Ratchaburi, Bangkok, THA, 70000
Bangkok Lab and Cosmetic PCL are one of Thailand's comprehensive healthcare solutions groups. The principal activities of the Group are the manufacturing and distributing of pharmaceuticals and medicinal chemical products for human and animal It operates in a single line of business, namely pharmaceuticals and medicinal chemical products, The Group derives revenue from sales of goods and rendering of services.

Bangkok Lab and Cosmetic PCL Headlines

No Headlines