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Kid ASA (LTS:0RCW) ROC (Joel Greenblatt) % : 25.83% (As of Sep. 2024)


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What is Kid ASA 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. Kid ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 25.83%.

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

LTS:0RCW' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 30.87   Med: 78.47   Max: 202.44
Current: 30.87

During the past 13 years, Kid ASA's highest ROC (Joel Greenblatt) % was 202.44%. The lowest was 30.87%. And the median was 78.47%.

LTS:0RCW's ROC (Joel Greenblatt) % is ranked better than
78.72% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 10.58 vs LTS:0RCW: 30.87

Kid ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -21.30% per year.


Kid ASA ROC (Joel Greenblatt) % Historical Data

The historical data trend for Kid ASA'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.

Kid ASA ROC (Joel Greenblatt) % Chart

Kid ASA 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 55.81 49.98 51.71 33.21 37.88

Kid ASA 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 33.32 80.80 3.57 18.86 25.83

Competitive Comparison of Kid ASA's ROC (Joel Greenblatt) %

For the Specialty Retail subindustry, Kid ASA'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.


Kid ASA's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kid ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Kid ASA 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)
=(27.274 + 759.889 + 42.437) - (309.492 + 0 + 231.495)
=288.613

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.708 + 930.785 + 28.593) - (370.815 + 0 + 219.12)
=395.151

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kid ASA 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 )
=481.772/( ( (1528.029 + max(288.613, 0)) + (1518.821 + max(395.151, 0)) )/ 2 )
=481.772/( ( 1816.642 + 1913.972 )/ 2 )
=481.772/1865.307
=25.83 %

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.


Kid ASA  (LTS:0RCW) 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.


Kid ASA ROC (Joel Greenblatt) % Related Terms

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Kid ASA Business Description

Traded in Other Exchanges
Address
Gilhusveien 1, Gullaug, NOR, N-3426
Kid ASA is a home textile retailer in Norway. The company offers a full range of home and interior products which includes textiles, curtains, bed linens and other interior products. It sells its products through its own stores as well as through an online sales platform under the brand of Dekosol and Nordun. Traditional products of the company account for a majority of its revenue and the remaining part gets covered by trend line products. The majority of its revenue comes from Norway region stores.

Kid ASA Headlines

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