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Dekel Agri-Vision (LSE:DKL) ROC (Joel Greenblatt) % : 7.39% (As of Jun. 2023)


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What is Dekel Agri-Vision 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. Dekel Agri-Vision's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 7.39%.

The historical rank and industry rank for Dekel Agri-Vision's ROC (Joel Greenblatt) % or its related term are showing as below:

LSE:DKL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.09   Med: -1.2   Max: 15.62
Current: -3

During the past 13 years, Dekel Agri-Vision's highest ROC (Joel Greenblatt) % was 15.62%. The lowest was -8.09%. And the median was -1.20%.

LSE:DKL's ROC (Joel Greenblatt) % is ranked worse than
80.21% of 1885 companies
in the Consumer Packaged Goods industry
Industry Median: 11.5 vs LSE:DKL: -3.00

Dekel Agri-Vision's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Dekel Agri-Vision ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dekel Agri-Vision'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.

Dekel Agri-Vision ROC (Joel Greenblatt) % Chart

Dekel Agri-Vision Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.59 -8.09 -3.63 6.20 1.23

Dekel Agri-Vision Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 15.10 -3.52 15.93 -13.56 7.39

Competitive Comparison of Dekel Agri-Vision's ROC (Joel Greenblatt) %

For the Farm Products subindustry, Dekel Agri-Vision'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.


Dekel Agri-Vision's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dekel Agri-Vision's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dekel Agri-Vision's ROC (Joel Greenblatt) % falls into.



Dekel Agri-Vision 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.364 + 2.747 + 0.79) - (3.649 + 0 + 1.184)
=0.067999999999998

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.123 + 5.626 + 0) - (7.124 + 0 + 0.604)
=0.021

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dekel Agri-Vision for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.742/( ( (34.551 + max(0.067999999999998, 0)) + (39.591 + max(0.021, 0)) )/ 2 )
=2.742/( ( 34.619 + 39.612 )/ 2 )
=2.742/37.1155
=7.39 %

Note: The EBIT data used here is two times the semi-annual (Jun. 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.


Dekel Agri-Vision  (LSE:DKL) 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.


Dekel Agri-Vision ROC (Joel Greenblatt) % Related Terms

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Dekel Agri-Vision (LSE:DKL) Business Description

Traded in Other Exchanges
N/A
Address
38 Agias Fylaxeos, Nicolas Court, First Floor, Office 101, Limassol, CYP, 3025
Dekel Agri-Vision PLC the Company is engaged through its subsidiaries in developing and cultivating palm oil plantations in Cote d'Ivoire to produce and market Crude Palm Oil ("CPO"), as well as constructing a Raw Cashew Nut (RCN) processing plant, which is currently in the initial production phase. the firm has two reportable segments, Crude Palm oil, and Raw Cashew nut. All the revenues are derived from the sales of Palm Oil, Palm Kernel Oil, and Palm Kernel Cake in Cote d'Ivoire.