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PT Sumber Global Energy Tbk (ISX:SGER) ROC (Joel Greenblatt) % : 19.86% (As of Sep. 2024)


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What is PT Sumber Global Energy Tbk 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. PT Sumber Global Energy Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 19.86%.

The historical rank and industry rank for PT Sumber Global Energy Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

ISX:SGER' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.02   Med: 25.63   Max: 123.37
Current: 39.38

During the past 7 years, PT Sumber Global Energy Tbk's highest ROC (Joel Greenblatt) % was 123.37%. The lowest was 19.02%. And the median was 25.63%.

ISX:SGER's ROC (Joel Greenblatt) % is ranked better than
80.9% of 178 companies
in the Other Energy Sources industry
Industry Median: 8.83 vs ISX:SGER: 39.38

PT Sumber Global Energy Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 41.00% per year.


PT Sumber Global Energy Tbk ROC (Joel Greenblatt) % Historical Data

The historical data trend for PT Sumber Global Energy Tbk'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.

PT Sumber Global Energy Tbk ROC (Joel Greenblatt) % Chart

PT Sumber Global Energy Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 21.03 19.02 75.48 123.37 63.73

PT Sumber Global Energy Tbk Quarterly Data
Dec17 Dec18 Dec19 Dec20 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 -1.83 26.31 48.72 56.46 19.86

Competitive Comparison of PT Sumber Global Energy Tbk's ROC (Joel Greenblatt) %

For the Thermal Coal subindustry, PT Sumber Global Energy Tbk'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.


PT Sumber Global Energy Tbk's ROC (Joel Greenblatt) % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Sumber Global Energy Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PT Sumber Global Energy Tbk's ROC (Joel Greenblatt) % falls into.


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PT Sumber Global Energy Tbk 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)
=(315509.487 + 0 + 3809238.045) - (949513.832 + 0 + 1039496.281)
=2135737.419

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169387.299 + 0 + 4142394.857) - (720202.796 + 0 + 1185154.02)
=2406425.34

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Sumber Global Energy Tbk 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 )
=511317.352/( ( (257922.188 + max(2135737.419, 0)) + (347891.825 + max(2406425.34, 0)) )/ 2 )
=511317.352/( ( 2393659.607 + 2754317.165 )/ 2 )
=511317.352/2573988.386
=19.86 %

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.


PT Sumber Global Energy Tbk  (ISX:SGER) 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.


PT Sumber Global Energy Tbk ROC (Joel Greenblatt) % Related Terms

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PT Sumber Global Energy Tbk Business Description

Traded in Other Exchanges
N/A
Address
Graha BIP 2nd Floor, Jalan Gatot Subroto Kav. 23 Karet Semanggi, Setiabudi Selatan, Jakarta, IDN, 12930
PT Sumber Global Energy Tbk is engaged in large trading and mining industry business. The current main business activity is wholesale trading in solid, liquid, gas fuel, renewable energy, and mineral and rare-earth mining in its subsidiaries. The company is also operating the coal cargo barge transportation and taking over small to middle mines.

PT Sumber Global Energy Tbk Headlines

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