GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ste Electrique de L'Our SA SEO (LUX:SEO15) » Definitions » ROC (Joel Greenblatt) %

Ste Electrique de L'Our SEO (LUX:SEO15) ROC (Joel Greenblatt) % : 134.40% (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Ste Electrique de L'Our SEO 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. Ste Electrique de L'Our SEO's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 134.40%.

The historical rank and industry rank for Ste Electrique de L'Our SEO's ROC (Joel Greenblatt) % or its related term are showing as below:

LUX:SEO15' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.27   Med: 117.71   Max: 142.12
Current: 123.69

During the past 13 years, Ste Electrique de L'Our SEO's highest ROC (Joel Greenblatt) % was 142.12%. The lowest was 10.27%. And the median was 117.71%.

LUX:SEO15's ROC (Joel Greenblatt) % is ranked better than
91.34% of 508 companies
in the Utilities - Regulated industry
Industry Median: 10.39 vs LUX:SEO15: 123.69

Ste Electrique de L'Our SEO's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.20% per year.


Ste Electrique de L'Our SEO ROC (Joel Greenblatt) % Historical Data

The historical data trend for Ste Electrique de L'Our SEO'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.

Ste Electrique de L'Our SEO ROC (Joel Greenblatt) % Chart

Ste Electrique de L'Our SEO 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 110.24 112.52 122.90 126.87 103.91

Ste Electrique de L'Our SEO Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 120.29 137.11 100.80 110.63 134.40

Competitive Comparison of Ste Electrique de L'Our SEO's ROC (Joel Greenblatt) %

For the Utilities - Regulated Electric subindustry, Ste Electrique de L'Our SEO'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.


Ste Electrique de L'Our SEO's ROC (Joel Greenblatt) % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ste Electrique de L'Our SEO's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ste Electrique de L'Our SEO's ROC (Joel Greenblatt) % falls into.



Ste Electrique de L'Our SEO 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.962 + 0.895 + 11.8) - (38.675 + 0 + 8.246)
=-32.264

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.708 + 0.9 + 0.611) - (53.912 + 0 + 0.431)
=-51.124

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ste Electrique de L'Our SEO for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=19.598/( ( (14.831 + max(-32.264, 0)) + (14.332 + max(-51.124, 0)) )/ 2 )
=19.598/( ( 14.831 + 14.332 )/ 2 )
=19.598/14.5815
=134.40 %

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


Ste Electrique de L'Our SEO  (LUX:SEO15) 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.


Ste Electrique de L'Our SEO ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Ste Electrique de L'Our SEO's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ste Electrique de L'Our SEO Business Description

Traded in Other Exchanges
Address
2 Rue Pierre d'Aspelt, Luxembourg, LUX, 11 42
Ste Electrique de L'Our SA SEO runs the Vianden pumped storage power plant to generate peak electricity. In addition, it also operates hydroelectric power plants on the Mosel and wind turbines.

Ste Electrique de L'Our SEO Headlines

No Headlines