GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Supreme Distribution PCL (BKK:SPREME) » Definitions » ROC (Joel Greenblatt) %

Supreme Distribution PCL (BKK:SPREME) ROC (Joel Greenblatt) % : 51.06% (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Supreme Distribution 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. Supreme Distribution PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 51.06%.

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

BKK:SPREME' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 56.24   Med: 202.84   Max: 225.38
Current: 56.24

During the past 4 years, Supreme Distribution PCL's highest ROC (Joel Greenblatt) % was 225.38%. The lowest was 56.24%. And the median was 202.84%.

BKK:SPREME's ROC (Joel Greenblatt) % is ranked better than
90.01% of 2452 companies
in the Hardware industry
Industry Median: 9.69 vs BKK:SPREME: 56.24

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


Supreme Distribution PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for Supreme Distribution 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.

Supreme Distribution PCL ROC (Joel Greenblatt) % Chart

Supreme Distribution PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- 202.84 225.38 197.11

Supreme Distribution PCL Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
ROC (Joel Greenblatt) % - - 440.44 98.25 51.06

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

For the Electronics & Computer Distribution subindustry, Supreme Distribution 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.


Supreme Distribution PCL's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Supreme Distribution PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Supreme Distribution 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)
=(199.79 + 11.39 + 5.24) - (233.49 + 2.15 + 4.16)
=-23.38

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(143.977 + 11.39 + 13.631) - (279.3 + 2.31 + 1.2139999999999)
=-113.826

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Supreme Distribution PCL for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=116.614/( ( (142.76 + max(-23.38, 0)) + (313.999 + max(-113.826, 0)) )/ 2 )
=116.614/( ( 142.76 + 313.999 )/ 2 )
=116.614/228.3795
=51.06 %

Note: The EBIT data used here is two times the semi-annual (Jun. 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.


Supreme Distribution PCL  (BKK:SPREME) 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.


Supreme Distribution PCL ROC (Joel Greenblatt) % Related Terms

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


Supreme Distribution PCL Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Praditmanutham Road, 2/1 Soi Praditmanutham 5, Tha Raeng, Bang Khen, Bangkok, THA, 10230
Supreme Distribution PCL is engaged in the distribution, installation and leasing out computer and peripheral components. The company has two reportable segments, Sales of goods and Rendering of services and rental. Key revenue is generated from Sales of goods segment.

Supreme Distribution PCL Headlines

No Headlines