GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo Traxion SAB de CV (OTCPK:GRPOF) » Definitions » ROC (Joel Greenblatt) %

GRPOF (Grupo TraxionB de CV) ROC (Joel Greenblatt) % : 13.86% (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Grupo TraxionB de CV 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. Grupo TraxionB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.86%.

The historical rank and industry rank for Grupo TraxionB de CV's ROC (Joel Greenblatt) % or its related term are showing as below:

GRPOF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.49   Med: 15.4   Max: 27.1
Current: 14.68

During the past 10 years, Grupo TraxionB de CV's highest ROC (Joel Greenblatt) % was 27.10%. The lowest was 12.49%. And the median was 15.40%.

GRPOF's ROC (Joel Greenblatt) % is ranked better than
55.75% of 965 companies
in the Transportation industry
Industry Median: 12.79 vs GRPOF: 14.68

Grupo TraxionB de CV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.30% per year.


Grupo TraxionB de CV ROC (Joel Greenblatt) % Historical Data

The historical data trend for Grupo TraxionB de CV'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.

Grupo TraxionB de CV ROC (Joel Greenblatt) % Chart

Grupo TraxionB de CV 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 13.23 15.26 16.67 13.11 16.08

Grupo TraxionB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 17.78 15.95 13.46 14.54 13.86

Competitive Comparison of Grupo TraxionB de CV's ROC (Joel Greenblatt) %

For the Railroads subindustry, Grupo TraxionB de CV'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.


Grupo TraxionB de CV's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grupo TraxionB de CV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Grupo TraxionB de CV's ROC (Joel Greenblatt) % falls into.



Grupo TraxionB de CV 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(295.706 + 11.045 + 78.976) - (254.917 + 0 + 73.424)
=57.386

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(265.259 + 10.533 + 70.625) - (195.931 + 0 + 80.821)
=69.665

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Grupo TraxionB de CV for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=133.636/( ( (931.859 + max(57.386, 0)) + (869.717 + max(69.665, 0)) )/ 2 )
=133.636/( ( 989.245 + 939.382 )/ 2 )
=133.636/964.3135
=13.86 %

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


Grupo TraxionB de CV  (OTCPK:GRPOF) 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.


Grupo TraxionB de CV ROC (Joel Greenblatt) % Related Terms

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


Grupo TraxionB de CV Business Description

Traded in Other Exchanges
Address
Paseo de la Reforma 115, Floor 17, Lomas de Chapultepec, Mexico City, MEX, MEX, 11700
Grupo Traxion SAB de CV is engaged in distribution, logistics and ground transportation. The company provides freight, integrated logistics, warehousing, logistics systems, personnel and student transportation, moving, advertising and special services.

Grupo TraxionB de CV Headlines