Al Jazeera Services (MUS:AJSS) ROC (Joel Greenblatt) %: 575.88% (As of Mar. 2018)

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What is Al Jazeera Services ROC (Joel Greenblatt) %?

Al Jazeera Services MUS:AJSS ROC (Joel Greenblatt) % is 575.88% as of Mar. 2018.

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. Al Jazeera Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was 575.88%.

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

MUS:AJSS's ROC (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 21.2
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Al Jazeera Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Al Jazeera Services  (MUS:AJSS) 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.


Al Jazeera Services ROC (Joel Greenblatt) % Related Terms


Al Jazeera Services ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Al Jazeera Services'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.

Al Jazeera Services ROC (Joel Greenblatt) % Chart

Al Jazeera Services Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 329.70 371.72 307.86 137.28 157.78

Al Jazeera Services Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 273.48 285.62 126.96 201.55 575.88

MUS:AJSS vs STWC: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, Al Jazeera Services'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.


Al Jazeera Services ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Al Jazeera Services's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Al Jazeera Services 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. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.516 + 0.208 + 0.0070000000000006) - (1.296 + 0 + 0.407)
=1.028

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.454 + 0.199 + 0) - (3.238 + 0 + 0)
=-0.585

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Al Jazeera Services 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: Dec. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.032/( ( (0.013 + max(1.028, 0)) + (0.012 + max(-0.585, 0)) )/ 2 )
=3.032/( ( 1.041 + 0.012 )/ 2 )
=3.032/0.5265
=575.88 %

Note: The EBIT data used here is four times the quarterly (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.

What does a ROC (Joel Greenblatt) % of 575.88% mean?
Al Jazeera Services (MUS:AJSS) has a ROC (Joel Greenblatt) % of 575.88% as of Mar. 2018. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Al Jazeera Services and its competitors.
Is Al Jazeera Services' ROC (Joel Greenblatt) % too high?
Al Jazeera Services' current ROC (Joel Greenblatt) % is 575.88%. The Business Services industry median ROC (Joel Greenblatt) % is 21.20. Al Jazeera Services' value of 575.88% is 2616.4% above this industry median.
How does Al Jazeera Services' ROC (Joel Greenblatt) % compare to STWC?
Al Jazeera Services' ROC (Joel Greenblatt) % of 575.88% can be compared against companies in the Business Services industry. The industry median ROC (Joel Greenblatt) % is 21.20. Al Jazeera Services' value of 575.88% is 2616.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.20, based on 1,083 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Al Jazeera Services's current ROC (Joel Greenblatt) % of 575.88% is 2616.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Al Jazeera Services and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Jazeera Services's current ROC (Joel Greenblatt) % is 575.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Jazeera Services stock overvalued right now?
Al Jazeera Services (MUS:AJSS) has a current ROC (Joel Greenblatt) % of 575.88%. The current ROC (Joel Greenblatt) % is 575.88% and 2616.4% above the Business Services industry median of 21.20. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Al Jazeera Services (MUS:AJSS), the current ROC (Joel Greenblatt) % is 575.88% as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Al Jazeera Services Business Description

Address 408, 4th Floor, International Medical Centre, P.O.Box 2865, Near Al Hamriya Roundabout, Ruwi, OMN, 112
Al Jazeera Services, formerly Al Jazeira Services Co SAOG, and its subsidiary are mainly engaged in catering and service support in Oman. The firm is engaged in contracting services which include catering, housekeeping, laundry, equipment supplies, and allied services. The contracting services business involves the feeding and housing of workers and personnel engaged in the industrial, oil, and gas sectors, military and civilian defense forces, and hospital, and educational sectors. In addition, the company is also engaged in investment activities. The company holds investment interests in banking, services, and industrial sectors in the local securities market as well as in the overseas stock market.