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Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag (BUD:EPROLIUSIA) ROC (Joel Greenblatt) % : 307.03% (As of Dec. 2023)


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What is Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag 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. Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 307.03%.

The historical rank and industry rank for Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag's ROC (Joel Greenblatt) % or its related term are showing as below:

BUD:EPROLIUSIA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -53.3   Med: 7.1   Max: 281.95
Current: 253.42

During the past 4 years, Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag's highest ROC (Joel Greenblatt) % was 281.95%. The lowest was -53.30%. And the median was 7.10%.

BUD:EPROLIUSIA's ROC (Joel Greenblatt) % is ranked better than
62.48% of 565 companies
in the REITs industry
Industry Median: 105.58 vs BUD:EPROLIUSIA: 253.42

Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag ROC (Joel Greenblatt) % Historical Data

The historical data trend for Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag'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.

Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag ROC (Joel Greenblatt) % Chart

Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
0.55 13.64 -53.30 281.95

Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 955.98 88.96 -121.78 161.39 307.03

Competitive Comparison of Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag's ROC (Joel Greenblatt) %

For the REIT - Diversified subindustry, Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag'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.


Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag's ROC (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag's ROC (Joel Greenblatt) % falls into.



Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(260.807 + 1.626 + 48.242) - (83.344 + 0 + 8.225)
=219.106

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(339.195 + 1.265 + 43.09) - (168.024 + 0 + 16.026)
=199.5

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=652.27/( ( (2.697 + max(219.106, 0)) + (3.591 + max(199.5, 0)) )/ 2 )
=652.27/( ( 221.803 + 203.091 )/ 2 )
=652.27/212.447
=307.03 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) 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.


Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag  (BUD:EPROLIUSIA) 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.


Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag ROC (Joel Greenblatt) % Related Terms

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Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag (BUD:EPROLIUSIA) Business Description

Traded in Other Exchanges
N/A
Address
Illatos ut 7/A, Budapest, HUN, 1097
Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag is engaged in operating and creating retail properties through the renovation and development of existing properties or the construction of new properties. The company as a Hungarian Real Estate Investment Trust (REIT) is focused on retail and industrial-logistics real estate, to exploit the properties in its portfolio, mainly through rental and sub-lease.

Eprolius Ingatlan Zartkoruen Mukodo Reszvenytarsasag (BUD:EPROLIUSIA) Headlines

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