GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Left Field Printing Group Ltd (HKSE:01540) » Definitions » ROC (Joel Greenblatt) %

Left Field Printing Group (HKSE:01540) ROC (Joel Greenblatt) % : 16.62% (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Left Field Printing Group 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. Left Field Printing Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 16.62%.

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

HKSE:01540' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.29   Med: 36.17   Max: 81.82
Current: 28.3

During the past 10 years, Left Field Printing Group's highest ROC (Joel Greenblatt) % was 81.82%. The lowest was 11.29%. And the median was 36.17%.

HKSE:01540's ROC (Joel Greenblatt) % is ranked better than
56.32% of 1053 companies
in the Business Services industry
Industry Median: 20.8 vs HKSE:01540: 28.30

Left Field Printing Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -19.90% per year.


Left Field Printing Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Left Field Printing Group'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.

Left Field Printing Group ROC (Joel Greenblatt) % Chart

Left Field Printing Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.48 21.54 11.29 23.45 27.88

Left Field Printing Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 5.37 11.55 36.38 16.62 41.97

Competitive Comparison of Left Field Printing Group's ROC (Joel Greenblatt) %

For the Specialty Business Services subindustry, Left Field Printing Group'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.


Left Field Printing Group's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Left Field Printing Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Left Field Printing Group's ROC (Joel Greenblatt) % falls into.


;
;

Left Field Printing Group 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)
=(102.64 + 91.17 + 7.108) - (17.607 + 0 + 63.265)
=120.046

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(84.534 + 77.839 + -5.6843418860808E-14) - (35.745 + 0 + 29.24)
=97.388

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Left Field Printing Group 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 )
=31.122/( ( (82.149 + max(120.046, 0)) + (75.007 + max(97.388, 0)) )/ 2 )
=31.122/( ( 202.195 + 172.395 )/ 2 )
=31.122/187.295
=16.62 %

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.


Left Field Printing Group  (HKSE:01540) 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.


Left Field Printing Group ROC (Joel Greenblatt) % Related Terms

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


Left Field Printing Group Business Description

Traded in Other Exchanges
N/A
Address
123 Hoi Bun Road, Level 11 East Wing, NEO, Kwun Tong, Kowloon, Hong Kong, HKG
Left Field Printing Group Ltd is a printing solutions and services provider. Its printing process and services cover printing solution consultation, production planning and scheduling, pre-press, offset printing, digital printing, post-press, quality check, packaging, and delivery. Printed products offered by the company include read-for-pleasure books; government printed matters; quick turnaround time education books; catalogs, operating manuals, and promotional leaflets. It also provides printing related services, such as warehousing and direct mailing, call center services, and ancillary services. Geographically the company provides services in Australia.
Executives
Lau Chuk Kin 2101 Beneficial owner
Celarc Richard Francis 2501 Other
Er2 Holdings Limited 2201 Interest of corporation controlled by you
City Apex Ltd. 2201 Interest of corporation controlled by you
1010 Group Limited 2201 Interest of corporation controlled by you
Bookbuilders Bvi Limited 2101 Beneficial owner
Lion Rock Group Limited 2201 Interest of corporation controlled by you
Webb David Michael 2201 Interest of corporation controlled by you

Left Field Printing Group Headlines

No Headlines