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Khon Kaen Sugar Industry PCL (BKK:KSL) ROC (Joel Greenblatt) % : 4.24% (As of Jul. 2024)


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What is Khon Kaen Sugar Industry 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. Khon Kaen Sugar Industry PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 4.24%.

The historical rank and industry rank for Khon Kaen Sugar Industry PCL's ROC (Joel Greenblatt) % or its related term are showing as below:

BKK:KSL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.21   Med: 5.89   Max: 11.03
Current: 6.79

During the past 13 years, Khon Kaen Sugar Industry PCL's highest ROC (Joel Greenblatt) % was 11.03%. The lowest was 1.21%. And the median was 5.89%.

BKK:KSL's ROC (Joel Greenblatt) % is ranked worse than
64.29% of 1904 companies
in the Consumer Packaged Goods industry
Industry Median: 11.85 vs BKK:KSL: 6.79

Khon Kaen Sugar Industry PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.30% per year.


Khon Kaen Sugar Industry PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for Khon Kaen Sugar Industry 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.

Khon Kaen Sugar Industry PCL ROC (Joel Greenblatt) % Chart

Khon Kaen Sugar Industry PCL Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.77 1.21 4.16 7.99 5.97

Khon Kaen Sugar Industry PCL Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.90 3.69 11.66 7.75 4.24

Competitive Comparison of Khon Kaen Sugar Industry PCL's ROC (Joel Greenblatt) %

For the Confectioners subindustry, Khon Kaen Sugar Industry 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.


Khon Kaen Sugar Industry PCL's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Khon Kaen Sugar Industry PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Khon Kaen Sugar Industry PCL's ROC (Joel Greenblatt) % falls into.



Khon Kaen Sugar Industry 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: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(903.97 + 9254.896 + 106.598) - (975.022 + 228.861 + 1392.372)
=7669.209

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(851.421 + 5743.9 + 112.11) - (837.497 + 185.1 + 1078.874)
=4605.96

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Khon Kaen Sugar Industry PCL for the quarter that ended in Jul. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1313.64/( ( (24335.332 + max(7669.209, 0)) + (25405.544 + max(4605.96, 0)) )/ 2 )
=1313.64/( ( 32004.541 + 30011.504 )/ 2 )
=1313.64/31008.0225
=4.24 %

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


Khon Kaen Sugar Industry PCL  (BKK:KSL) 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.


Khon Kaen Sugar Industry PCL ROC (Joel Greenblatt) % Related Terms

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Khon Kaen Sugar Industry PCL Business Description

Traded in Other Exchanges
Address
Sriayudahya Road, No. 503 K.S.L. Tower, 9th Floor, Thanon Phaya Thai Sub-District, Ratchathewi District, Bangkok, THA, 10400
Khon Kaen Sugar Industry PCL manufactures and distributes sugar and molasses in Thailand. It also sells the byproducts of its sugar production, including ethanol that it sells to oil companies and electricity that it sells to the Electricity Generating Authority of Thailand, which has a monopoly in Thailand's electrical energy market and is the country's power producer. The company has three operating segments - Manufacture and Distribution of Sugar and Molasses, Manufacture and Sale of Electricity, and Real Estate Rental. The company generates the majority of its revenue from the Manufacture and Distribution of Sugar and Molasses. In addition to Thailand, the company sells its products in Laos and Cambodia.

Khon Kaen Sugar Industry PCL Headlines

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