GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Comfort Intech Ltd (BOM:531216) » Definitions » ROC (Joel Greenblatt) %

Comfort Intech (BOM:531216) ROC (Joel Greenblatt) % : 25.55% (As of Dec. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Comfort Intech 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. Comfort Intech's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 25.55%.

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

BOM:531216' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.01   Med: 11.98   Max: 94.36
Current: 19.88

During the past 13 years, Comfort Intech's highest ROC (Joel Greenblatt) % was 94.36%. The lowest was 0.01%. And the median was 11.98%.

BOM:531216's ROC (Joel Greenblatt) % is ranked better than
60.28% of 579 companies
in the Conglomerates industry
Industry Median: 14.94 vs BOM:531216: 19.88

Comfort Intech's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 144.80% per year.


Comfort Intech ROC (Joel Greenblatt) % Historical Data

The historical data trend for Comfort Intech'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.

Comfort Intech ROC (Joel Greenblatt) % Chart

Comfort Intech 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 0.01 9.27 11.05 15.30 12.91

Comfort Intech 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 48.57 6.92 18.22 15.92 25.55

Competitive Comparison of Comfort Intech's ROC (Joel Greenblatt) %

For the Conglomerates subindustry, Comfort Intech'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.


Comfort Intech's ROC (Joel Greenblatt) % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Comfort Intech's ROC (Joel Greenblatt) % distribution charts can be found below:

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


;
;

Comfort Intech 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)
=(600.856 + 53.616 + 32.853) - (325.169 + 0 + 42.654)
=319.502

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

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Comfort Intech 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 )
=163.364/( ( (319.922 + max(319.502, 0)) + (0 + max(0, 0)) )/ 1 )
=163.364/( ( 639.424 + 0 )/ 1 )
=163.364/639.424
=25.55 %

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.


Comfort Intech  (BOM:531216) 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.


Comfort Intech ROC (Joel Greenblatt) % Related Terms

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


Comfort Intech Business Description

Traded in Other Exchanges
N/A
Address
Opposite Natraj Market, S.V. Road, A-301, Hetal Arch, Malad (West), Mumbai, MH, IND, 400064
Comfort Intech Ltd is an India-based company. The company's segments include Trading in Goods; Manufacturing of Liquor; Trading in Shares /Mutual Funds; Financing; Leasing of Immovable Properties and Commission. It generates maximum revenue from the Manufacturing of trading in goods/services segment. The Goods trading division is currently engaged in business of trading goods in various categories such as consumer appliances and durables, home appliances and electronics, textiles, etc., including but not limited to fans, fabrics, water heaters, and monoblock pumps.

Comfort Intech Headlines

No Headlines