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Bandaram Pharma Packtech (BOM:524602) ROC (Joel Greenblatt) % : 13.50% (As of Sep. 2024)


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What is Bandaram Pharma Packtech 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. Bandaram Pharma Packtech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.50%.

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

BOM:524602' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -690.62   Med: -12.89   Max: 10.92
Current: 10.92

During the past 13 years, Bandaram Pharma Packtech's highest ROC (Joel Greenblatt) % was 10.92%. The lowest was -690.62%. And the median was -12.89%.

BOM:524602's ROC (Joel Greenblatt) % is ranked better than
54.48% of 402 companies
in the Packaging & Containers industry
Industry Median: 9.83 vs BOM:524602: 10.92

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


Bandaram Pharma Packtech ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bandaram Pharma Packtech'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.

Bandaram Pharma Packtech ROC (Joel Greenblatt) % Chart

Bandaram Pharma Packtech Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -690.62 -23.80 -1.98 6.69 8.01

Bandaram Pharma Packtech Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.01 24.84 3.87 6.06 13.50

Competitive Comparison of Bandaram Pharma Packtech's ROC (Joel Greenblatt) %

For the Packaging & Containers subindustry, Bandaram Pharma Packtech'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.


Bandaram Pharma Packtech's ROC (Joel Greenblatt) % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bandaram Pharma Packtech's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bandaram Pharma Packtech's ROC (Joel Greenblatt) % falls into.



Bandaram Pharma Packtech 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: Jun. 2024 )
=(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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(137.302 + 102.376 + 26.666) - (24.949 + 0 + 6.999)
=234.396

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bandaram Pharma Packtech for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37.276/( ( (0 + max(0, 0)) + (41.807 + max(234.396, 0)) )/ 1 )
=37.276/( ( 0 + 276.203 )/ 1 )
=37.276/276.203
=13.50 %

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


Bandaram Pharma Packtech  (BOM:524602) 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.


Bandaram Pharma Packtech ROC (Joel Greenblatt) % Related Terms

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Bandaram Pharma Packtech Business Description

Traded in Other Exchanges
N/A
Address
Old Airport Road, 601, 5th Floor, Oxford Towers, Opp to Leela Palace Hotel, Kodihalli, Bangalore, KA, IND, 560008
Bandaram Pharma Packtech Ltd is an India-based company engaged in the manufacturing of paper products and packing materials with more focus on catering to the needs of the pharma, food, and beverages industry apart from undertaking logistics business. The company is engaged in the Trading of Paper boards and Recycled Waste Paper. The company has only one business segment procurement and supply of recycled paper.

Bandaram Pharma Packtech Headlines

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