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Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower (BSP:BBVJ11) ROC (Joel Greenblatt) % : 0.00% (As of . 20)


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What is Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower 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. Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower's annualized ROC (Joel Greenblatt) % for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower's ROC (Joel Greenblatt) % or its related term are showing as below:

BSP:BBVJ11's ROC (Joel Greenblatt) % is not ranked *
in the REITs industry.
Industry Median: 114.29
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower ROC (Joel Greenblatt) % Historical Data

The historical data trend for Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower'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.

Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower ROC (Joel Greenblatt) % Chart

Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower Annual Data
Trend
ROC (Joel Greenblatt) %

Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower Quarterly Data
ROC (Joel Greenblatt) %

Competitive Comparison of Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower's ROC (Joel Greenblatt) %

For the REIT - Diversified subindustry, Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower'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.


Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower's ROC (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower's ROC (Joel Greenblatt) % falls into.



Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower 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: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower for the quarter that ended in . 20 can be restated as:

ROC (Joel Greenblatt) %(Q: . 20 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: . 20  Q: . 20
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=/( ( ( + max(, 0)) + ( + max(, 0)) )/ )
=/( ( + )/ )
=/
= %

Note: The EBIT data used here is four times the quarterly (. 20) 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.


Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower  (BSP:BBVJ11) 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.


Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower ROC (Joel Greenblatt) % Related Terms

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Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower (BSP:BBVJ11) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Das Nacoes Unidas 14171, Torre A/7.Andar, Sao Paulo, SP, BRA, 4794970
Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower is a real estate investment trust.

Fundo de Investimento Imobiliario BB Votorantim JHSF C Jard Cont Tower (BSP:BBVJ11) Headlines

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