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Ingress Industrial (Thailand) PCL (BKK:INGRS) ROC (Joel Greenblatt) % : 3.19% (As of Jan. 2024)


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What is Ingress Industrial (Thailand) 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. Ingress Industrial (Thailand) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 3.19%.

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

BKK:INGRS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.96   Med: 6.21   Max: 10.27
Current: 4.22

During the past 10 years, Ingress Industrial (Thailand) PCL's highest ROC (Joel Greenblatt) % was 10.27%. The lowest was -7.96%. And the median was 6.21%.

BKK:INGRS's ROC (Joel Greenblatt) % is ranked worse than
73.51% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 13.01 vs BKK:INGRS: 4.22

Ingress Industrial (Thailand) PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Ingress Industrial (Thailand) PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for Ingress Industrial (Thailand) 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.

Ingress Industrial (Thailand) PCL ROC (Joel Greenblatt) % Chart

Ingress Industrial (Thailand) PCL Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 -6.19 -4.96 -7.96 7.47

Ingress Industrial (Thailand) PCL Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 -2.53 -16.42 6.99 6.58 3.19

Competitive Comparison of Ingress Industrial (Thailand) PCL's ROC (Joel Greenblatt) %

For the Auto Parts subindustry, Ingress Industrial (Thailand) 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.


Ingress Industrial (Thailand) PCL's ROC (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ingress Industrial (Thailand) PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ingress Industrial (Thailand) PCL's ROC (Joel Greenblatt) % falls into.



Ingress Industrial (Thailand) 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(860.645 + 407.707 + 152.339) - (1868.232 + 1.806 + 382.063)
=-831.41

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(724.261 + 387.072 + 146.695) - (1515.973 + 0.019 + 355.723)
=-613.687

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ingress Industrial (Thailand) PCL for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=129.512/( ( (4135.043 + max(-831.41, 0)) + (3995.232 + max(-613.687, 0)) )/ 2 )
=129.512/( ( 4135.043 + 3995.232 )/ 2 )
=129.512/4065.1375
=3.19 %

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


Ingress Industrial (Thailand) PCL  (BKK:INGRS) 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.


Ingress Industrial (Thailand) PCL ROC (Joel Greenblatt) % Related Terms

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Ingress Industrial (Thailand) PCL (BKK:INGRS) Business Description

Traded in Other Exchanges
N/A
Address
Ramkhamhaeng Road, 9/141, 14th Floor, Unit A, UM Tower Building, Suanluang, Bangkok, THA, 10250
Ingress Industrial (Thailand) PCL is engaged in investment holdings. It manufactures and distributes automotive components. The company derives most of its revenues from Malaysia. Its products include Roll forming products; Stamping Products; and Tool making and automation solutions. Its operations are carried on in Thailand, Malaysia, Indonesia and India.

Ingress Industrial (Thailand) PCL (BKK:INGRS) Headlines

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