GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grand Prix International PCL (BKK:GPI) » Definitions » ROC (Joel Greenblatt) %

Grand Prix International PCL (BKK:GPI) ROC (Joel Greenblatt) % : 306.13% (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Grand Prix International 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. Grand Prix International PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was 306.13%.

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

BKK:GPI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.4   Med: 68.24   Max: 132.91
Current: 65.04

During the past 11 years, Grand Prix International PCL's highest ROC (Joel Greenblatt) % was 132.91%. The lowest was 19.40%. And the median was 68.24%.

BKK:GPI's ROC (Joel Greenblatt) % is ranked better than
80.12% of 1036 companies
in the Media - Diversified industry
Industry Median: 8.33 vs BKK:GPI: 65.04

Grand Prix International PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.80% per year.


Grand Prix International PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for Grand Prix International 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.

Grand Prix International PCL ROC (Joel Greenblatt) % Chart

Grand Prix International PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.57 19.40 23.06 42.92 53.91

Grand Prix International PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 264.08 126.13 -84.94 -84.11 306.13

Competitive Comparison of Grand Prix International PCL's ROC (Joel Greenblatt) %

For the Advertising Agencies subindustry, Grand Prix International 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.


Grand Prix International PCL's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Grand Prix International PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Grand Prix International PCL's ROC (Joel Greenblatt) % falls into.


;
;

Grand Prix International 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: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.064 + 33.68 + 8.146) - (32.258 + 50.847 + 0)
=-15.215

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.047 + 37.531 + 81.568) - (189.989 + 222.418 + 0)
=-264.261

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Grand Prix International PCL for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=776.052/( ( (253.282 + max(-15.215, 0)) + (253.724 + max(-264.261, 0)) )/ 2 )
=776.052/( ( 253.282 + 253.724 )/ 2 )
=776.052/253.503
=306.13 %

Note: The EBIT data used here is four times the quarterly (Mar. 2025) 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.


Grand Prix International PCL  (BKK:GPI) 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.


Grand Prix International PCL ROC (Joel Greenblatt) % Related Terms

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


Grand Prix International PCL Business Description

Traded in Other Exchanges
N/A
Address
Ladplaklao Road, No. 4/299, Moo 5, Soi Ladplaklao 66, Kwang Anusaovaree, Khet Bangkhen, Bangkok, THA, 10220
Grand Prix International PCL is engaged in Providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments namely Activities, Media & Publishing, Provide Printing Services, and Other segment. The company derives a majority of its revenue from the Activities segment.