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Control Print (BOM:522295) ROC (Joel Greenblatt) % : 31.09% (As of Mar. 2024)


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What is Control Print 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. Control Print's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 31.09%.

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

BOM:522295' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.91   Med: 23.22   Max: 34.06
Current: 31.12

During the past 13 years, Control Print's highest ROC (Joel Greenblatt) % was 34.06%. The lowest was 16.91%. And the median was 23.22%.

BOM:522295's ROC (Joel Greenblatt) % is ranked better than
77.52% of 3007 companies
in the Industrial Products industry
Industry Median: 13.34 vs BOM:522295: 31.12

Control Print's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 10.50% per year.


Control Print ROC (Joel Greenblatt) % Historical Data

The historical data trend for Control Print'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.

Control Print ROC (Joel Greenblatt) % Chart

Control Print Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.49 16.91 22.40 28.14 30.23

Control Print Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.30 30.45 31.86 33.04 31.09

Competitive Comparison of Control Print's ROC (Joel Greenblatt) %

For the Business Equipment & Supplies subindustry, Control Print'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.


Control Print's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Control Print's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Control Print 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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(810.51 + 1008.92 + 125.78) - (343.714 + 0 + 404.685)
=1196.811

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Control Print 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 )
=817.968/( ( (0 + max(0, 0)) + (1433.831 + max(1196.811, 0)) )/ 1 )
=817.968/( ( 0 + 2630.642 )/ 1 )
=817.968/2630.642
=31.09 %

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.


Control Print  (BOM:522295) 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.


Control Print ROC (Joel Greenblatt) % Related Terms

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Control Print (BOM:522295) Business Description

Traded in Other Exchanges
Address
Andheri-Kurla Road, C-106, Hind Saurashtra Industrial Estate, Marol Naka, Andheri (East), Mumbai, MH, IND, 400059
Control Print Ltd is a coding and marketing solutions provider. The core business area is branding and product information, barcoding, manufacturing, batch and date codes, and traceability. Its products include a Continuous inject printer, a High-resolution printer, a Thermal transfer over the printer, a Large character printer, and a Laser printer among others. The company offers services to the industries of food, beverage, healthcare, FMCG, and Others.

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