NLSC (Namliong SkyCosmos) ROC (Joel Greenblatt) %: -4,243.48% (As of Mar. 2024)


What is Namliong SkyCosmos ROC (Joel Greenblatt) %?

Namliong SkyCosmos NLSC ROC (Joel Greenblatt) % is -4,243.48% as of Mar. 2024.

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. Namliong SkyCosmos's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4,243.48%.

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

NLSC's ROC (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -299.33
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Namliong SkyCosmos  (OTCPK:NLSC) 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.


Namliong SkyCosmos ROC (Joel Greenblatt) % Related Terms


Namliong SkyCosmos ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Namliong SkyCosmos'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.

Namliong SkyCosmos ROC (Joel Greenblatt) % Chart

Namliong SkyCosmos Annual Data
Trend Sep06 Dec07 Dec08 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -4,538.46

Namliong SkyCosmos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.00 -3,105.88 -4,700.00 -5,914.29 -4,243.48

NLSC vs GYGC, UBYH, IVFZF: ROC (Joel Greenblatt) % Comparison

For the Shell Companies subindustry, Namliong SkyCosmos'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.


Namliong SkyCosmos ROC (Joel Greenblatt) % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Namliong SkyCosmos's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Namliong SkyCosmos 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)
=(0 + 0 + 0) - (1.79 + 0 + 0.00099999999999989)
=-1.791

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.91 + 0 + 0)
=-1.91

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Namliong SkyCosmos for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.488/( ( (0.013 + max(-1.791, 0)) + (0.01 + max(-1.91, 0)) )/ 2 )
=-0.488/( ( 0.013 + 0.01 )/ 2 )
=-0.488/0.0115
=-4,243.48 %

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

What does a ROC (Joel Greenblatt) % of -4,243.48% mean?
Namliong SkyCosmos (NLSC) has a ROC (Joel Greenblatt) % of -4,243.48% as of Mar. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Namliong SkyCosmos and its competitors.
Is Namliong SkyCosmos' ROC (Joel Greenblatt) % too high?
Namliong SkyCosmos' current ROC (Joel Greenblatt) % is -4,243.48%.
How does Namliong SkyCosmos' ROC (Joel Greenblatt) % compare to GYGC and UBYH?
Namliong SkyCosmos' ROC (Joel Greenblatt) % of -4,243.48% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROC (Joel Greenblatt) % depends on the Diversified Financial Services industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Namliong SkyCosmos and its competitors. Namliong SkyCosmos's current ROC (Joel Greenblatt) % is -4,243.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Namliong SkyCosmos stock overvalued right now?
Namliong SkyCosmos (NLSC) has a current ROC (Joel Greenblatt) % of -4,243.48%. The current ROC (Joel Greenblatt) % is -4,243.48%. 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 Namliong SkyCosmos (NLSC), the current ROC (Joel Greenblatt) % is -4,243.48% as of Mar. 2024. 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.

Namliong SkyCosmos Business Description

Address Guanxin Road, No. 77, Sec 2, Guanmiao District, Tainan City, TWN, 71825
Namliong SkyCosmos Inc is a supply chain system company. Along with its subsidiary, the company assists customers in establishing a supply chain system and provides assistance in the following business sectors: textile products; green building materials; machinery and equipment; generators; coal trading; and bioenergy and diesel. It also provides consulting services to other developers and operators of other companies related to the planning, marketing, and operating of solutions.