DGIX (Dyna Group International) ROC (Joel Greenblatt) %: -11.40% (As of Mar. 2005)


What is Dyna Group International ROC (Joel Greenblatt) %?

Dyna Group International DGIX +2.44% ROC (Joel Greenblatt) % is -11.40% as of Mar. 2005.

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. Dyna Group International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2005 was -11.40%.

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

DGIX's ROC (Joel Greenblatt) % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 9.265
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Dyna Group International  (OTCPK:DGIX) 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.


Dyna Group International ROC (Joel Greenblatt) % Related Terms


Dyna Group International ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Dyna Group International'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.

Dyna Group International ROC (Joel Greenblatt) % Chart

Dyna Group International Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.02 24.90 6.40 18.51 32.23

Dyna Group International Quarterly Data
Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05
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 10.65 10.73 51.00 49.79 -11.40

Dyna Group International ROC (Joel Greenblatt) % Competitor Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dyna Group International'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.


Dyna Group International ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dyna Group International's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dyna Group International's ROC (Joel Greenblatt) % falls into.



Dyna Group International 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: Dec. 2004 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.997 + 2.293 + 0.247) - (0.829 + 0 + 0.252)
=3.456

Working Capital(Q: Mar. 2005 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.652 + 2.814 + 0.141) - (1.09 + 0 + 0.039)
=3.478

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dyna Group International for the quarter that ended in Mar. 2005 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2005 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2004  Q: Mar. 2005
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.48/( ( (0.742 + max(3.456, 0)) + (0.747 + max(3.478, 0)) )/ 2 )
=-0.48/( ( 4.198 + 4.225 )/ 2 )
=-0.48/4.2115
=-11.40 %

Note: The EBIT data used here is four times the quarterly (Mar. 2005) 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 -11.40% mean?
Dyna Group International (DGIX) has a ROC (Joel Greenblatt) % of -11.40% as of Mar. 2005. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Dyna Group International and its competitors.
Is Dyna Group International's ROC (Joel Greenblatt) % too high?
Dyna Group International's current ROC (Joel Greenblatt) % is -11.40%.
How does Dyna Group International's ROC (Joel Greenblatt) % compare to competitors?
Dyna Group International's ROC (Joel Greenblatt) % of -11.40% can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median ROC (Joel Greenblatt) % is 9.27. 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.27, based on 432 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 Dyna Group International and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dyna Group International's current ROC (Joel Greenblatt) % is -11.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dyna Group International stock overvalued right now?
Dyna Group International (DGIX) has a current ROC (Joel Greenblatt) % of -11.40%. The current ROC (Joel Greenblatt) % is -11.40%. 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 Dyna Group International (DGIX), the current ROC (Joel Greenblatt) % is -11.40% as of Mar. 2005. 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.

Dyna Group International Business Description

Address 1661 South Seguin Avenue, New Braunfels, TX, USA, 78130
Dyna Group International Inc, through its wholly-owned subsidiary is engaged in the manufacturing and sale of handcrafted pewter buckles. It also offers drinkware, including glassware, steins, ceramic coffee mugs, and shot glasses.