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Qualitech PCL (BKK:QLT-R) ROC (Joel Greenblatt) % : -2.77% (As of Mar. 2025)


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What is Qualitech 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. Qualitech PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -2.77%.

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

BKK:QLT-R' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -65.5   Med: 9.09   Max: 53.75
Current: -4.82

During the past 13 years, Qualitech PCL's highest ROC (Joel Greenblatt) % was 53.75%. The lowest was -65.50%. And the median was 9.09%.

BKK:QLT-R's ROC (Joel Greenblatt) % is ranked worse than
80.34% of 1053 companies
in the Business Services industry
Industry Median: 19.7 vs BKK:QLT-R: -4.82

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


Qualitech PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for Qualitech 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.

Qualitech PCL ROC (Joel Greenblatt) % Chart

Qualitech 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 12.38 2.87 9.07 -65.50 -3.84

Qualitech 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 0.70 8.99 -18.30 -7.44 -2.77

Competitive Comparison of Qualitech PCL's ROC (Joel Greenblatt) %

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Qualitech PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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Qualitech 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)
=(83.41 + 3.669 + 1.042) - (32.397 + 0 + 0)
=55.724

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.499 + 11.89 + 0.018000000000001) - (28.9 + 0 + 0)
=49.507

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Qualitech 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 )
=-5.568/( ( (154.489 + max(55.724, 0)) + (142.098 + max(49.507, 0)) )/ 2 )
=-5.568/( ( 210.213 + 191.605 )/ 2 )
=-5.568/200.909
=-2.77 %

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.


Qualitech PCL  (BKK:QLT-R) 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.


Qualitech PCL ROC (Joel Greenblatt) % Related Terms

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Qualitech PCL Business Description

Traded in Other Exchanges
Address
21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL provides the technical services testing, inspection, and certification for operation safety of industry equipment, pressure vessels, industrial boilers, piping, and steel structures which is important for the production process, storage, and transport of the products in power generation, petrochemical, and construction industry. Along with its subsidiaries, the company's core operations include; nondestructive testing and inspection, testing and certification of welding work, metal work, and equipment; sale of material and equipment used in inspection engineering services; and generating and distributing electricity current from solar or alternative energy. Maximum revenue is generated from the provision of Non-Destructive Testing services.

Qualitech PCL Headlines

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