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PJSC LukoilLSE:31KX 17 ROC (Joel Greenblatt) % is 500.22% as of Sep. 2023, which is 3113% above its 10-year median of 15.57. GuruFocus rates LSE:31KX with a GF Score™ of 17/100. The stock has 6 warning signs investors should review.
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. PJSC Lukoil's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 500.22%.
The historical rank and industry rank for PJSC Lukoil's ROC (Joel Greenblatt) % or its related term are showing as below:
LSE:31KX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.54 Med: 15.57 Max: 397.12
Current: 428.16
During the past 13 years, PJSC Lukoil's highest ROC (Joel Greenblatt) % was 397.12%. The lowest was 6.54%. And the median was 15.57%.
LSE:31KX's ROC (Joel Greenblatt) % is not ranked
in the Oil & Gas industry.
Industry Median: 8.43
vs LSE:31KX: 428.16
PJSC Lukoil's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 96.60% per year.
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.
PJSC Lukoil ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PJSC Lukoil'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.
LSE:31KX vs XOM, CVX: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas Integrated subindustry, PJSC Lukoil'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.
PJSC Lukoil ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PJSC Lukoil's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PJSC Lukoil's ROC (Joel Greenblatt) % falls into.
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:
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.
Note:
The EBIT data used here is four times the quarterly (Sep. 2023) 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.
What does a ROC (Joel Greenblatt) % of 500.22% mean?
PJSC Lukoil (LSE:31KX) has a ROC (Joel Greenblatt) % of 500.22% as of Sep. 2023. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PJSC Lukoil and its competitors. This is 3113% above median its historical median of 15.57. Over the past decade, PJSC Lukoil's ROC (Joel Greenblatt) % has ranged from 6.54 to 397.12.
Is PJSC Lukoil's ROC (Joel Greenblatt) % too high?
PJSC Lukoil's current ROC (Joel Greenblatt) % of 500.22% is 3113% above median its 10-year median of 15.57. Over the past 10 years, this metric has ranged from a low of 6.54 to a high of 397.12. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.43. PJSC Lukoil's value of 500.22% is 5833.8% above this industry median. Overall, PJSC Lukoil has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Lukoil's ROC (Joel Greenblatt) % compare to XOM and CVX?
PJSC Lukoil's ROC (Joel Greenblatt) % of 500.22% can be compared against companies in the Oil & Gas industry. The industry median ROC (Joel Greenblatt) % is 8.43. PJSC Lukoil's value of 500.22% is 5833.8% above this benchmark. Historically, PJSC Lukoil's own ROC (Joel Greenblatt) % has ranged from 6.54 to 397.12 over the past decade. While the company's 10-year median is 15.57 vs. the industry median of 8.43, PJSC Lukoil has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.43, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PJSC Lukoil's current ROC (Joel Greenblatt) % of 500.22% is 5833.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PJSC Lukoil and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC Lukoil's current ROC (Joel Greenblatt) % is 500.22%, which is 3113% above median its own 10-year median of 15.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Lukoil stock overvalued right now?
PJSC Lukoil (LSE:31KX) has a current ROC (Joel Greenblatt) % of 500.22%. The current ROC (Joel Greenblatt) % is 500.22%, which is 3113% above median its 10-year median of 15.57 and 5833.8% above the Oil & Gas industry median of 8.43. PJSC Lukoil's overall GF Score™ is 17/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For PJSC Lukoil (LSE:31KX), the current ROC (Joel Greenblatt) % is 500.22% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.
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