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Miss Grand International PCL (BKK:MGI) ROC (Joel Greenblatt) % : 72.28% (As of Mar. 2024)


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What is Miss Grand 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. Miss Grand International PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 72.28%.

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

BKK:MGI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 72.9   Med: 202.31   Max: 899.91
Current: 226.25

During the past 6 years, Miss Grand International PCL's highest ROC (Joel Greenblatt) % was 899.91%. The lowest was 72.90%. And the median was 202.31%.

BKK:MGI's ROC (Joel Greenblatt) % is ranked better than
92.51% of 1042 companies
in the Media - Diversified industry
Industry Median: 10.17 vs BKK:MGI: 226.25

Miss Grand International PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 33.60% per year.


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

The historical data trend for Miss Grand 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.

Miss Grand International PCL ROC (Joel Greenblatt) % Chart

Miss Grand International PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 72.90 210.19 275.08 899.91 194.43

Miss Grand International PCL Quarterly Data
Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 468.80 1,458.71 397.80 225.39 72.28

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

For the Entertainment subindustry, Miss Grand 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.


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

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

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



Miss Grand 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.433 + 12.479 + 15.796) - (92.868 + 51.372 + 2.292)
=-105.824

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.766 + 10.883 + 55.207) - (45.721 + 95.64 + 2.243)
=-61.748

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Miss Grand International PCL for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=107.244/( ( (146.107 + max(-105.824, 0)) + (150.623 + max(-61.748, 0)) )/ 2 )
=107.244/( ( 146.107 + 150.623 )/ 2 )
=107.244/148.365
=72.28 %

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


Miss Grand International PCL  (BKK:MGI) 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.


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

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


Miss Grand International PCL (BKK:MGI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1213/414 Soi Ladprao 94 (Panjamit), Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310
Miss Grand International PCL operates a commerce business that provides the selling of products and services through experiential activities such as Beauty and Entertainment, which are Beauty Pageant Platforms named Miss Grand Thailand Pageant (National Pageant Platform) and Miss Grand International Pageant (International Pageant Platform)including other media contents and entertainment activities. The company sells the products in several distribution channels, both retail and wholesale, The MGI, and other partner products. The company earns revenue from selling beauty pageants, entertainment businesses, consumer products, consumption products, and other products and services. The company earns the majority of its revenue from the entertainment business.

Miss Grand International PCL (BKK:MGI) Headlines

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