Kids Medical Systems (BOM:540812) ROC (Joel Greenblatt) %: -0.29% (As of Sep. 2024)

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What is Kids Medical Systems ROC (Joel Greenblatt) %?

Kids Medical Systems BOM:540812 ROC (Joel Greenblatt) % is -0.29% as of Sep. 2024.

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. Kids Medical Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -0.29%.

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

BOM:540812's ROC (Joel Greenblatt) % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 11.97
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Kids Medical Systems  (BOM:540812) 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.


Kids Medical Systems ROC (Joel Greenblatt) % Related Terms


Kids Medical Systems ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kids Medical Systems'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.

Kids Medical Systems ROC (Joel Greenblatt) % Chart

Kids Medical Systems 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 1.82 0.18 -0.21 -0.07 -0.87

Kids Medical Systems Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 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 0.00 -0.07 -0.82 -0.86 -0.29

BOM:540812 vs MIHI, WNDM, LMNK: ROC (Joel Greenblatt) % Comparison

For the Medical Care Facilities subindustry, Kids Medical Systems'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.


Kids Medical Systems ROC (Joel Greenblatt) % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kids Medical Systems's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kids Medical Systems's ROC (Joel Greenblatt) % falls into.



Kids Medical Systems 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: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.234 + 0 + 70.82) - (2.224 + 0 + 0.849)
=69.981

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.233 + 0 + 1.187) - (1.038 + 0 + 2.035)
=0.34700000000001

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kids Medical Systems 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: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.106/( ( (1.867 + max(69.981, 0)) + (1.874 + max(0.34700000000001, 0)) )/ 2 )
=-0.106/( ( 71.848 + 2.221 )/ 2 )
=-0.106/37.0345
=-0.29 %

Note: The EBIT data used here is one times the annual (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.

What does a ROC (Joel Greenblatt) % of -0.29% mean?
Kids Medical Systems (BOM:540812) has a ROC (Joel Greenblatt) % of -0.29% as of Sep. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Kids Medical Systems and its competitors.
Is Kids Medical Systems' ROC (Joel Greenblatt) % too high?
Kids Medical Systems' current ROC (Joel Greenblatt) % is -0.29%.
How does Kids Medical Systems' ROC (Joel Greenblatt) % compare to MIHI and WNDM?
Kids Medical Systems' ROC (Joel Greenblatt) % of -0.29% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROC (Joel Greenblatt) % is 11.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Healthcare Providers & Services company?
The median ROC (Joel Greenblatt) % among Healthcare Providers & Services companies is 11.97, based on 678 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Kids Medical Systems and its competitors. For the Healthcare Providers & Services industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kids Medical Systems's current ROC (Joel Greenblatt) % is -0.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kids Medical Systems stock overvalued right now?
Kids Medical Systems (BOM:540812) has a current ROC (Joel Greenblatt) % of -0.29%. The current ROC (Joel Greenblatt) % is -0.29%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Kids Medical Systems (BOM:540812), the current ROC (Joel Greenblatt) % is -0.29% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kids Medical Systems Business Description

Address 7/B Amrutbaug Colony, Near Hindu Colony Navrangpura, 3rd Floor, Chinubhai House, Opp. Sardar Patel stadium, Navjivan, Ahmedabad, GJ, IND, 380014
Kids Medical Systems Ltd is engaged in providing a solution in the healthcare sector as a pediatric clinic chain provider. The company offers exclusive services which can benefit the child for their healthcare needs. The company also offers services that can assist and help doctors to manage, educate, and develop the clinic and to provide guidance in services to parents of the child. Also provide the service Management/Light Asset Model which includes the clinic Management Software, clinic reports, Training, recruitment of staff, Online and Offline engagement with customers. In addition, the company also provides Glow sign Boards, Paraphernalia, Standees and also arrange for co-branding marketing efforts, as and when required in Pre-School, Schools.