GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Boubyan Petrochemical Co KSC (KUW:BPCC) » Definitions » ROC (Joel Greenblatt) %

Boubyan Petrochemical Co KSC (KUW:BPCC) ROC (Joel Greenblatt) % : 64.45% (As of Jan. 2025)


View and export this data going back to 1997. Start your Free Trial

What is Boubyan Petrochemical Co KSC 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. Boubyan Petrochemical Co KSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2025 was 64.45%.

The historical rank and industry rank for Boubyan Petrochemical Co KSC's ROC (Joel Greenblatt) % or its related term are showing as below:

KUW:BPCC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.61   Med: 63.23   Max: 144.35
Current: 71.89

During the past 13 years, Boubyan Petrochemical Co KSC's highest ROC (Joel Greenblatt) % was 144.35%. The lowest was 31.61%. And the median was 63.23%.

KUW:BPCC's ROC (Joel Greenblatt) % is ranked better than
97.24% of 1558 companies
in the Chemicals industry
Industry Median: 9.41 vs KUW:BPCC: 71.89

Boubyan Petrochemical Co KSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.40% per year.


Boubyan Petrochemical Co KSC ROC (Joel Greenblatt) % Historical Data

The historical data trend for Boubyan Petrochemical Co KSC'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.

Boubyan Petrochemical Co KSC ROC (Joel Greenblatt) % Chart

Boubyan Petrochemical Co KSC Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.61 32.96 91.70 91.55 55.33

Boubyan Petrochemical Co KSC Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 41.89 67.83 77.67 78.88 64.45

Competitive Comparison of Boubyan Petrochemical Co KSC's ROC (Joel Greenblatt) %

For the Chemicals subindustry, Boubyan Petrochemical Co KSC'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.


Boubyan Petrochemical Co KSC's ROC (Joel Greenblatt) % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Boubyan Petrochemical Co KSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Boubyan Petrochemical Co KSC's ROC (Joel Greenblatt) % falls into.


;
;

Boubyan Petrochemical Co KSC 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: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.36 + 7.775 + 0) - (40.541 + 0 + 0.0010000000000048)
=5.593

Working Capital(Q: Jan. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.049 + 9.514 + 0) - (49.227 + 0 + 0)
=8.336

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Boubyan Petrochemical Co KSC for the quarter that ended in Jan. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2024  Q: Jan. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=50.436/( ( (70.921 + max(5.593, 0)) + (71.671 + max(8.336, 0)) )/ 2 )
=50.436/( ( 76.514 + 80.007 )/ 2 )
=50.436/78.2605
=64.45 %

Note: The EBIT data used here is four times the quarterly (Jan. 2025) 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.


Boubyan Petrochemical Co KSC  (KUW:BPCC) 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.


Boubyan Petrochemical Co KSC ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Boubyan Petrochemical Co KSC's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Boubyan Petrochemical Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Al Shuhada Street, KIPCO Tower, Office Number 2, 33rd Floor, P.O. Box 2383, Safat, Sharq, Kuwait, KWT, 13024
Boubyan Petrochemical Co KSC is engaged in manufacturing petrochemical material and its derivatives and also sells, purchases, supplies, distributes, exports and stores such materials. The company's operating segment includes Energy, manufacturing and petrochemical sector and Services and education, and Others. It generates maximum revenue from the Energy, manufacturing and petrochemical sector segment.

Boubyan Petrochemical Co KSC Headlines

No Headlines