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Suryachakra Power (LUX:174974) ROC (Joel Greenblatt) % : -91.04% (As of Mar. 2018)


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What is Suryachakra Power 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. Suryachakra Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -91.04%.

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

LUX:174974' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -89.99   Med: -5.72   Max: 8.22
Current: -89.99

During the past 11 years, Suryachakra Power's highest ROC (Joel Greenblatt) % was 8.22%. The lowest was -89.99%. And the median was -5.72%.

LUX:174974's ROC (Joel Greenblatt) % is not ranked
in the Utilities - Regulated industry.
Industry Median: 10.53 vs LUX:174974: -89.99

Suryachakra Power's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -55.90% per year.


Suryachakra Power ROC (Joel Greenblatt) % Historical Data

The historical data trend for Suryachakra Power'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.

Suryachakra Power ROC (Joel Greenblatt) % Chart

Suryachakra Power Annual Data
Trend Mar09 Mar10 Mar11 Jun12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.29 -44.94 -5.22 -19.68 -91.04

Suryachakra Power Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Jun12 Mar14 Mar15 Mar16 Mar17 Mar18
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.70 -44.94 -5.22 -19.68 -91.04

Competitive Comparison of Suryachakra Power's ROC (Joel Greenblatt) %

For the Utilities - Regulated Electric subindustry, Suryachakra Power'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.


Suryachakra Power's ROC (Joel Greenblatt) % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suryachakra Power's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Suryachakra Power 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: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.129 + 0.873 + 17.283) - (2.402 + 0 + 0.075999999999999)
=18.807

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.197 + 0.032) - (0.711 + 0 + 1.461)
=-1.943

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Suryachakra Power for the quarter that ended in Mar. 2018 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.922/( ( (0.743 + max(18.807, 0)) + (0.051 + max(-1.943, 0)) )/ 2 )
=-8.922/( ( 19.55 + 0.051 )/ 2 )
=-8.922/9.8005
=-91.04 %

Note: The EBIT data used here is one times the annual (Mar. 2018) 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.


Suryachakra Power  (LUX:174974) 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.


Suryachakra Power ROC (Joel Greenblatt) % Related Terms

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Suryachakra Power (LUX:174974) Business Description

Traded in Other Exchanges
N/A
Address
Suryachakra House, Plot No. 304-L-III,, Road No.78, Jubilee Hills, Hyderabad, TG, IND, 500096
Suryachakra Power Corp Ltd is engaged in the generation and sale of electricity business activities. The company generates electricity using diesel and biomass. It also involved in architectural, engineering & related services and trading of coal. The company mainly operates in Andaman & Nicobar Islands and other parts of India. It derives most of its revenues from the sale of the electricity business activities and has operations spread across India.

Suryachakra Power (LUX:174974) Headlines

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