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Payton Planar Magnetics (LTS:0NST) ROC (Joel Greenblatt) % : 104.96% (As of Sep. 2024)


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What is Payton Planar Magnetics 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. Payton Planar Magnetics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 104.96%.

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

LTS:0NST' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 16.09   Med: 67.59   Max: 115.76
Current: 115.76

During the past 13 years, Payton Planar Magnetics's highest ROC (Joel Greenblatt) % was 115.76%. The lowest was 16.09%. And the median was 67.59%.

LTS:0NST's ROC (Joel Greenblatt) % is ranked better than
95.92% of 2452 companies
in the Hardware industry
Industry Median: 9.69 vs LTS:0NST: 115.76

Payton Planar Magnetics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 5.00% per year.


Payton Planar Magnetics ROC (Joel Greenblatt) % Historical Data

The historical data trend for Payton Planar Magnetics'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.

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Payton Planar Magnetics ROC (Joel Greenblatt) % Chart

Payton Planar Magnetics 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 67.53 72.78 67.64 99.76 100.38

Payton Planar Magnetics 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 139.08 116.87 114.09 130.22 104.96

Competitive Comparison of Payton Planar Magnetics's ROC (Joel Greenblatt) %

For the Electronic Components subindustry, Payton Planar Magnetics'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.


Payton Planar Magnetics's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Payton Planar Magnetics's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Payton Planar Magnetics 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)
=(9.675 + 3.46 + 0) - (5.363 + 0 + 0.737)
=7.035

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.267 + 3.558 + 0) - (5.437 + 0 + 0.654)
=4.734

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Payton Planar Magnetics 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 )
=15.508/( ( (9.069 + max(7.035, 0)) + (8.713 + max(4.734, 0)) )/ 2 )
=15.508/( ( 16.104 + 13.447 )/ 2 )
=15.508/14.7755
=104.96 %

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.


Payton Planar Magnetics  (LTS:0NST) 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.


Payton Planar Magnetics ROC (Joel Greenblatt) % Related Terms

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Payton Planar Magnetics Business Description

Traded in Other Exchanges
Address
3 Ha’avoda Street, P.O. Box 2016, Ness-Ziona, ISR
Payton Planar Magnetics Ltd Formerly Payton Planar Magnetics develops, manufactures and markets planar and conventional transformers and operates abroad through its subsidiaries and distributors. The business operates in one business segment that is Transformers. Geographically the company exports its services to Israel, Europe, America, and Asia. The Asian region generates maximum revenue for the company. The product line of the company consists of planar transformers, inductors, and off the shelf transformers. Export sales generate maximum revenue for the company.

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