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Lexoraa Industries (BOM:531944) ROC (Joel Greenblatt) % : -1,320.98% (As of Dec. 2024)


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What is Lexoraa Industries 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. Lexoraa Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -1,320.98%.

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

BOM:531944' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8600   Med: -1034.14   Max: 1344.48
Current: -1072.2

During the past 13 years, Lexoraa Industries's highest ROC (Joel Greenblatt) % was 1344.48%. The lowest was -8600.00%. And the median was -1034.14%.

BOM:531944's ROC (Joel Greenblatt) % is ranked worse than
99.1% of 3003 companies
in the Industrial Products industry
Industry Median: 12.26 vs BOM:531944: -1072.20

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


Lexoraa Industries ROC (Joel Greenblatt) % Historical Data

The historical data trend for Lexoraa Industries'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.

Lexoraa Industries ROC (Joel Greenblatt) % Chart

Lexoraa Industries 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 -1,446.48 -1,088.73 -4,515.79 1,344.48 -798.32

Lexoraa Industries 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 - - - -1,022.44 -1,320.98

Competitive Comparison of Lexoraa Industries's ROC (Joel Greenblatt) %

For the Specialty Industrial Machinery subindustry, Lexoraa Industries'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.


Lexoraa Industries's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

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

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



Lexoraa Industries 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)
=(0.05 + 0 + 0.944) - (0.553 + 0 + 0.031)
=0.41

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 Lexoraa Industries 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 )
=-5.416/( ( (0 + max(0.41, 0)) + (0 + max(0, 0)) )/ 1 )
=-5.416/( ( 0.41 + 0 )/ 1 )
=-5.416/0.41
=-1,320.98 %

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.


Lexoraa Industries  (BOM:531944) 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.


Lexoraa Industries ROC (Joel Greenblatt) % Related Terms

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Lexoraa Industries Business Description

Traded in Other Exchanges
N/A
Address
Raheja Metroplex Road, Office No. 1029, 10th Floor, Ijmima Imitation Jewellery Market, CSL, Mind Space Complex, Malad West, Mumbai, MH, IND, 400064
Lexoraa Industries Ltd is engaged in manufacturing and dealing n all kind of Plant and Machinery and equipment forSolvent Extraction plants, Castor Oil Plants, Edible Oil plants, Oil Refinery Plants, Vanaspati Plants, and Dairy & food Processing Plants, Chemical/Petrochemical, and Pharmaceutical Plants etc. Distilleries & it's all type of equipment's, Accessories, Spare parts & Components. It is focused on catering the needs of customers at Local as well as overseas markets in United Arab Emirates, Africa and Singapore.

Lexoraa Industries Headlines

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