GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ghabbour Auto (OTCPK:GBAXY) » Definitions » ROC (Joel Greenblatt) %

Ghabbour Auto (Ghabbour Auto) ROC (Joel Greenblatt) % : 30.12% (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Ghabbour Auto 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. Ghabbour Auto's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 30.12%.

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

GBAXY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.24   Med: 24.89   Max: 195.19
Current: 55.25

During the past 13 years, Ghabbour Auto's highest ROC (Joel Greenblatt) % was 195.19%. The lowest was -4.24%. And the median was 24.89%.

GBAXY's ROC (Joel Greenblatt) % is ranked better than
93.72% of 1305 companies
in the Vehicles & Parts industry
Industry Median: 12.69 vs GBAXY: 55.25

Ghabbour Auto's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 32.00% per year.


Ghabbour Auto ROC (Joel Greenblatt) % Historical Data

The historical data trend for Ghabbour Auto'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.

Ghabbour Auto ROC (Joel Greenblatt) % Chart

Ghabbour Auto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.38 18.82 21.22 68.27 26.48

Ghabbour Auto Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 255.53 18.55 62.79 64.49 30.12

Competitive Comparison of Ghabbour Auto's ROC (Joel Greenblatt) %

For the Auto Manufacturers subindustry, Ghabbour Auto'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.


Ghabbour Auto's ROC (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ghabbour Auto's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Ghabbour Auto 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.734 + 179.462 + 233.079) - (260.243 + 0 + 64.348)
=149.684

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.172 + 205.948 + 216.505) - (153.617 + 0 + 84.222)
=234.786

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ghabbour Auto 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=120.2/( ( (203.599 + max(149.684, 0)) + (210.143 + max(234.786, 0)) )/ 2 )
=120.2/( ( 353.283 + 444.929 )/ 2 )
=120.2/399.106
=30.12 %

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


Ghabbour Auto  (OTCPK:GBAXY) 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.


Ghabbour Auto ROC (Joel Greenblatt) % Related Terms

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


Ghabbour Auto (Ghabbour Auto) Business Description

Traded in Other Exchanges
Address
Alexandria Desert Road, Industrial Zone - Abou Rawash Kilo meter 28 Cairo, Giza, EGY
GB Corp is a company engaged in trading, distributing, and marketing of all transportation means including heavy trucks, semi-trucks, passenger cars, buses, minibuses, microbuses, agriculture tractors pick-ups, mechanical tools equipment for sail movement. It operates in segments that include Passenger cars engaged in trading, distributing, and marketing for all kinds of passenger cars including locally manufactured and imported cars. Buses and trucks segment, 2 & 3 Wheels, Financial Services non-Banking, and Other operations which includes trading spare parts, and accessories. The company derives the majority of its revenue from the Passenger car segment.

Ghabbour Auto (Ghabbour Auto) Headlines

From GuruFocus

Q3 2020 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q2 2020 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q1 2022 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q1 2021 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q4 2020 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q3 2021 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q4 2019 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q1 2020 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q4 2022 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024

Q2 2021 GB Auto SAE Earnings Call Transcript

By GuruFocus Research 03-29-2024