GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rajthanee Hospital PCL (BKK:RJH) » Definitions » ROC (Joel Greenblatt) %

Rajthanee Hospital PCL (BKK:RJH) ROC (Joel Greenblatt) % : -0.94% (As of Dec. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Rajthanee Hospital 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. Rajthanee Hospital PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -0.94%.

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

BKK:RJH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.13   Med: 37.56   Max: 91.72
Current: 19.51

During the past 11 years, Rajthanee Hospital PCL's highest ROC (Joel Greenblatt) % was 91.72%. The lowest was 16.13%. And the median was 37.56%.

BKK:RJH's ROC (Joel Greenblatt) % is ranked better than
63.28% of 670 companies
in the Healthcare Providers & Services industry
Industry Median: 10.215 vs BKK:RJH: 19.51

Rajthanee Hospital PCL's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -17.70% per year.


Rajthanee Hospital PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for Rajthanee Hospital 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.

Rajthanee Hospital PCL ROC (Joel Greenblatt) % Chart

Rajthanee Hospital 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 40.49 91.72 77.72 25.58 19.49

Rajthanee Hospital PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.37 24.96 24.23 31.77 -0.94

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

For the Medical Care Facilities subindustry, Rajthanee Hospital 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.


Rajthanee Hospital PCL's ROC (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rajthanee Hospital PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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


;
;

Rajthanee Hospital 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(210.272 + 55.876 + 13.199) - (378.475 + 0 + 0)
=-99.128

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(192.363 + 72.143 + 8.191) - (395.217 + 0 + 0)
=-122.52

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Rajthanee Hospital PCL for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-27.976/( ( (2919.823 + max(-99.128, 0)) + (3018.995 + max(-122.52, 0)) )/ 2 )
=-27.976/( ( 2919.823 + 3018.995 )/ 2 )
=-27.976/2969.409
=-0.94 %

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


Rajthanee Hospital PCL  (BKK:RJH) 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.


Rajthanee Hospital PCL ROC (Joel Greenblatt) % Related Terms

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


Rajthanee Hospital PCL Business Description

Traded in Other Exchanges
Address
No. 111 Moo 3, Rojana Road, Khlong Suan Phlu Sub-district, Phra Nakhon Si Ayutthaya District, Phra Nakhon Si Ayutthaya, THA, 13000
Rajthanee Hospital PCL is operating in the healthcare sector. It is principally engaged in the provision of healthcare services. In hospital operations, it provides medical services such as cardiology center, emergency accident center, orthopedic center, hemodialysis center, pediatrics center, health screening center, dental center, and radiology center. Its customers include individuals, a group of policyholders of the insurance company, a group of contract parties' company, and a group of insured on social security.

Rajthanee Hospital PCL Headlines

No Headlines