GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Deme Group NV (FRA:MT0) » Definitions » ROC (Joel Greenblatt) %

Deme Group NV (FRA:MT0) ROC (Joel Greenblatt) % : 12.60% (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Deme Group NV 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. Deme Group NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 12.60%.

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

FRA:MT0' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.07   Med: 9.13   Max: 15.09
Current: 13.15

During the past 9 years, Deme Group NV's highest ROC (Joel Greenblatt) % was 15.09%. The lowest was 2.07%. And the median was 9.13%.

FRA:MT0's ROC (Joel Greenblatt) % is ranked worse than
57.46% of 1716 companies
in the Construction industry
Industry Median: 17.77 vs FRA:MT0: 13.15

Deme Group NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.40% per year.


Deme Group NV ROC (Joel Greenblatt) % Historical Data

The historical data trend for Deme Group NV'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.

Deme Group NV ROC (Joel Greenblatt) % Chart

Deme Group NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 6.11 2.07 6.08 5.99 9.13

Deme Group NV Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.06 7.86 4.17 13.69 12.60

Competitive Comparison of Deme Group NV's ROC (Joel Greenblatt) %

For the Engineering & Construction subindustry, Deme Group NV'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.


Deme Group NV's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Deme Group NV's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Deme Group NV 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(447.92 + 32.015 + 75.055) - (1044.623 + 0 + 670.195)
=-1159.828

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(684.216 + 33.417 + 201.966) - (1213.576 + 0 + 986.591)
=-1280.568

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Deme Group NV for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=340.222/( ( (2693.313 + max(-1159.828, 0)) + (2705.705 + max(-1280.568, 0)) )/ 2 )
=340.222/( ( 2693.313 + 2705.705 )/ 2 )
=340.222/2699.509
=12.60 %

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


Deme Group NV  (FRA:MT0) 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.


Deme Group NV ROC (Joel Greenblatt) % Related Terms

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


Deme Group NV Business Description

Traded in Other Exchanges
Address
Scheldedijk 30, Haven 1025, Zwijndrecht, BEL, 2070
Deme Group NV Is a provider of dredging and construction services intended to cater to the renewable energy industries and environmental works. The company provides engineering and contracting services globally in the offshore renewables and non-renewables sectors and performs a wide variety of dredging activities and offers solutions for soil remediation and brownfield redevelopment, as well as environmental dredging and sediment treatment, thereby serving its clients. It has segments namely Offshore Energy, Dredging & Infra, Environmental and Concessions, out of which Dredging & Infra derives maximum revenue. The company geographically operates in America, Africa, Europe, Middle East and Asia.

Deme Group NV Headlines

No Headlines