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UIE (LTS:0KGQ) ROC (Joel Greenblatt) % : 59.59% (As of Sep. 2024)


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What is UIE 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. UIE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 59.59%.

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

LTS:0KGQ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.18   Med: 34.53   Max: 64.11
Current: 64.11

During the past 13 years, UIE's highest ROC (Joel Greenblatt) % was 64.11%. The lowest was 23.18%. And the median was 34.53%.

LTS:0KGQ's ROC (Joel Greenblatt) % is ranked better than
91.82% of 1907 companies
in the Consumer Packaged Goods industry
Industry Median: 11.91 vs LTS:0KGQ: 64.11

UIE's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.90% per year.


UIE ROC (Joel Greenblatt) % Historical Data

The historical data trend for UIE'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.

UIE ROC (Joel Greenblatt) % Chart

UIE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.78 38.29 45.93 23.18 56.08

UIE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.05 104.64 47.56 48.20 59.59

Competitive Comparison of UIE's ROC (Joel Greenblatt) %

For the Farm Products subindustry, UIE'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.


UIE's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

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

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



UIE 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)
=(317.406 + 424.218 + 40.645) - (248.382 + 0 + 20.884)
=513.003

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(374.481 + 469.803 + 122.101) - (292.347 + 0 + 4.28)
=669.758

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of UIE 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 )
=1981.112/( ( (2598.609 + max(513.003, 0)) + (2867.699 + max(669.758, 0)) )/ 2 )
=1981.112/( ( 3111.612 + 3537.457 )/ 2 )
=1981.112/3324.5345
=59.59 %

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.


UIE  (LTS:0KGQ) 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.


UIE ROC (Joel Greenblatt) % Related Terms

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UIE Business Description

Traded in Other Exchanges
Address
Blue Harbour Business Centre, Level 1, Sector L, Ta’ Xbiex, MLT, XBX 1027
UIE PLC is a holding company which invests in the agro-industrial sector. The company through its subsidiaries is involved in the business of cultivation and processing of palm oil and coconuts in Malaysia and Indonesia as well as focuses on long-term industrial development. The company has two reportable segments such as UIE and UP. UIE is a holding company which invests in the agro-industrial sector as well as industrial and technology businesses. UP segment includes a company incorporated in Malaysia, and its shares are publicly traded on Bursa Malaysia. Its primary business activity is the cultivation of oil palms and coconuts and the processing of palm oil in Malaysia and Indonesia.

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