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Orient Rental Modaraba (KAR:ORM) ROC (Joel Greenblatt) % : 0.00% (As of . 20)


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What is Orient Rental Modaraba 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. Orient Rental Modaraba's annualized ROC (Joel Greenblatt) % for the quarter that ended in . 20 was 0.00%.

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

KAR:ORM's ROC (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 21.67
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Orient Rental Modaraba's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Orient Rental Modaraba ROC (Joel Greenblatt) % Historical Data

The historical data trend for Orient Rental Modaraba'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.

Orient Rental Modaraba ROC (Joel Greenblatt) % Chart

Orient Rental Modaraba Annual Data
Trend
ROC (Joel Greenblatt) %

Orient Rental Modaraba Semi-Annual Data
ROC (Joel Greenblatt) %

Competitive Comparison of Orient Rental Modaraba's ROC (Joel Greenblatt) %

For the Rental & Leasing Services subindustry, Orient Rental Modaraba'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.


Orient Rental Modaraba's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Orient Rental Modaraba's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Orient Rental Modaraba's ROC (Joel Greenblatt) % falls into.



Orient Rental Modaraba 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: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Orient Rental Modaraba for the quarter that ended in . 20 can be restated as:

ROC (Joel Greenblatt) %(Q: . 20 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: . 20  Q: . 20
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=/( ( ( + max(, 0)) + ( + max(, 0)) )/ )
=/( ( + )/ )
=/
= %

Note: The EBIT data used here is one times the annual (. 20) 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.


Orient Rental Modaraba  (KAR:ORM) 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.


Orient Rental Modaraba ROC (Joel Greenblatt) % Related Terms

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Orient Rental Modaraba (KAR:ORM) Business Description

Traded in Other Exchanges
N/A
Address
ICT Building, 4th Floor, Block 7 & 8, KCHSU, Shahrah-e-Faisal, Karachi, PAK
Orient Rental Modaraba is engaged in providing equipment rental solutions, operation, and maintenance services. The equipment for rental includes a fleet of Power Generation Equipment, Commercial Vehicle, Material Handling Equipment and Construction Machinery. The rental solution is provided locally as well as internationally. It is also engaged in providing Operation and Maintenance (O and M) services to customers who own the equipment and require O and M service providers for maintenance.

Orient Rental Modaraba (KAR:ORM) Headlines

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