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Max Sight Group Holdings (HKSE:08483) ROC (Joel Greenblatt) % : 0.00% (As of Jun. 2024)


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What is Max Sight Group Holdings 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. Max Sight Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.00%.

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

HKSE:08483' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -53.11   Med: 9.05   Max: 384.14
Current: 41.13

During the past 9 years, Max Sight Group Holdings's highest ROC (Joel Greenblatt) % was 384.14%. The lowest was -53.11%. And the median was 9.05%.

HKSE:08483's ROC (Joel Greenblatt) % is ranked better than
82.08% of 106 companies
in the Personal Services industry
Industry Median: 14.755 vs HKSE:08483: 41.13

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


Max Sight Group Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Max Sight Group Holdings'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.

Max Sight Group Holdings ROC (Joel Greenblatt) % Chart

Max Sight Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -26.40 -40.27 -42.61 -53.11 40.68

Max Sight Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.90 30.93 53.85 30.05 -

Competitive Comparison of Max Sight Group Holdings's ROC (Joel Greenblatt) %

For the Personal Services subindustry, Max Sight Group Holdings'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.


Max Sight Group Holdings's ROC (Joel Greenblatt) % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Max Sight Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Max Sight Group Holdings's ROC (Joel Greenblatt) % falls into.



Max Sight Group Holdings 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)
=(2.854 + 1.336 + 5) - (4.162 + 0 + 1.56)
=3.468

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.16 + 1.27 + 1.231) - (8.493 + 0 + 1.01)
=-4.842

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Max Sight Group Holdings 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 )
=0/( ( (19.936 + max(3.468, 0)) + (17.818 + max(-4.842, 0)) )/ 2 )
=0/( ( 23.404 + 17.818 )/ 2 )
=0/20.611
=0.00 %

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


Max Sight Group Holdings  (HKSE:08483) 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.


Max Sight Group Holdings ROC (Joel Greenblatt) % Related Terms

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Max Sight Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
48 Yee Wo Street, 14th Floor, McDonald’s Building, Causeway Bay, Hong Kong, HKG
Max Sight Group Holdings Ltd is principally engaged in the provision of photography services by supplying automatic identity photo booths in Hong Kong and Guangdong provinces. In addition, it is also engaged in the provision of medical services by operating medical centers in Hong Kong. It operates through three segments namely, Photography services in Hong Kong, Photography services in Mainland China, and Medical services in Hong Kong. The Hong Kong region generates maximum revenue for the company.
Executives
Cheung Kam Ting
Causeway Treasure Holding Limited
Photo-me International Plc.
Au-yeung Ying Ho
Chan Tien Kay Timmy
Chan Wing Chai Jamson

Max Sight Group Holdings Headlines

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