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Moxsh Overseas Educon (NSE:MOXSH) ROC (Joel Greenblatt) % : 3.32% (As of Sep. 2024)


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What is Moxsh Overseas Educon 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. Moxsh Overseas Educon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.32%.

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

NSE:MOXSH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -30.18   Med: 41.33   Max: 1075.39
Current: -30.18

During the past 5 years, Moxsh Overseas Educon's highest ROC (Joel Greenblatt) % was 1075.39%. The lowest was -30.18%. And the median was 41.33%.

NSE:MOXSH's ROC (Joel Greenblatt) % is ranked worse than
83.03% of 271 companies
in the Education industry
Industry Median: 17.41 vs NSE:MOXSH: -30.18

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


Moxsh Overseas Educon ROC (Joel Greenblatt) % Historical Data

The historical data trend for Moxsh Overseas Educon'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.

Moxsh Overseas Educon ROC (Joel Greenblatt) % Chart

Moxsh Overseas Educon Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
73.52 41.33 1,075.39 30.33 -27.54

Moxsh Overseas Educon Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 150.81 28.83 7.99 -60.72 3.32

Competitive Comparison of Moxsh Overseas Educon's ROC (Joel Greenblatt) %

For the Education & Training Services subindustry, Moxsh Overseas Educon'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.


Moxsh Overseas Educon's ROC (Joel Greenblatt) % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Moxsh Overseas Educon's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Moxsh Overseas Educon's ROC (Joel Greenblatt) % falls into.



Moxsh Overseas Educon 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(79.513 + 0 + 4.807) - (14.861 + 0 + 5.729)
=63.73

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83.907 + 0 + 0.157) - (6.285 + 0 + 12.355)
=65.424

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Moxsh Overseas Educon 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: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.122/( ( (34.796 + max(63.73, 0)) + (24.123 + max(65.424, 0)) )/ 2 )
=3.122/( ( 98.526 + 89.547 )/ 2 )
=3.122/94.0365
=3.32 %

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


Moxsh Overseas Educon  (NSE:MOXSH) 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.


Moxsh Overseas Educon ROC (Joel Greenblatt) % Related Terms

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Moxsh Overseas Educon Business Description

Traded in Other Exchanges
N/A
Address
Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan Century Bazar, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025
Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counseling, and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology-led business, providing an online learning program (test preparation) for medical entrance examinations, NEET-UG, and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for the medical licensing examinations, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

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