GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MRP Agro Ltd (BOM:543262) » Definitions » ROC (Joel Greenblatt) %

MRP Agro (BOM:543262) ROC (Joel Greenblatt) % : 125.53% (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is MRP Agro 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. MRP Agro's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 125.53%.

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

BOM:543262' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.52   Med: 8.58   Max: 63.86
Current: 63.86

During the past 5 years, MRP Agro's highest ROC (Joel Greenblatt) % was 63.86%. The lowest was 6.52%. And the median was 8.58%.

BOM:543262's ROC (Joel Greenblatt) % is ranked better than
93.35% of 316 companies
in the Retail - Defensive industry
Industry Median: 15.405 vs BOM:543262: 63.86

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


MRP Agro ROC (Joel Greenblatt) % Historical Data

The historical data trend for MRP Agro'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.

MRP Agro ROC (Joel Greenblatt) % Chart

MRP Agro Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
21.07 8.58 6.71 6.52 15.54

MRP Agro Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 27.05 10.70 50.79 30.64 125.53

Competitive Comparison of MRP Agro's ROC (Joel Greenblatt) %

For the Food Distribution subindustry, MRP Agro'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.


MRP Agro's ROC (Joel Greenblatt) % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MRP Agro's ROC (Joel Greenblatt) % distribution charts can be found below:

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



MRP Agro 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)
=(17.705 + 13.687 + 2.248) - (14.997 + 0 + 2.319)
=16.324

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 MRP Agro 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 )
=158.572/( ( (110.002 + max(16.324, 0)) + (0 + max(0, 0)) )/ 1 )
=158.572/( ( 126.326 + 0 )/ 1 )
=158.572/126.326
=125.53 %

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.


MRP Agro  (BOM:543262) 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.


MRP Agro ROC (Joel Greenblatt) % Related Terms

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


MRP Agro Business Description

Traded in Other Exchanges
N/A
Address
Civil Line Road, House No.100, First Floor, Ward No.23, Infront of Thane Ajak, Tikamgarh, MP, IND, 472001
MRP Agro Ltd is engaged in trading and import and export of food grains, fly-ash, and coal products.

MRP Agro Headlines

No Headlines