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Quadpro ITeS (NSE:QUADPRO) ROC (Joel Greenblatt) % : 8.31% (As of Sep. 2024)


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What is Quadpro ITeS 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. Quadpro ITeS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 8.31%.

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

NSE:QUADPRO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.85   Med: 21.66   Max: 64.57
Current: 11.25

During the past 7 years, Quadpro ITeS's highest ROC (Joel Greenblatt) % was 64.57%. The lowest was -24.85%. And the median was 21.66%.

NSE:QUADPRO's ROC (Joel Greenblatt) % is ranked worse than
62.16% of 1057 companies
in the Business Services industry
Industry Median: 20.8 vs NSE:QUADPRO: 11.25

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


Quadpro ITeS ROC (Joel Greenblatt) % Historical Data

The historical data trend for Quadpro ITeS'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.

Quadpro ITeS ROC (Joel Greenblatt) % Chart

Quadpro ITeS Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 28.00 56.74 64.57 15.31 9.95

Quadpro ITeS Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.90 19.95 3.91 14.28 8.31

Competitive Comparison of Quadpro ITeS's ROC (Joel Greenblatt) %

For the Specialty Business Services subindustry, Quadpro ITeS'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.


Quadpro ITeS's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

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

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


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Quadpro ITeS 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)
=(22.359 + 0 + 1.881) - (6.081 + 0 + 4.402)
=13.757

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.763 + 0 + 0.92699999999999) - (3.383 + 0 + 8.55)
=17.757

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Quadpro ITeS 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 )
=10.434/( ( (110.872 + max(13.757, 0)) + (108.666 + max(17.757, 0)) )/ 2 )
=10.434/( ( 124.629 + 126.423 )/ 2 )
=10.434/125.526
=8.31 %

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.


Quadpro ITeS  (NSE:QUADPRO) 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.


Quadpro ITeS ROC (Joel Greenblatt) % Related Terms

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Quadpro ITeS Business Description

Traded in Other Exchanges
N/A
Address
S-3, 2nd Floor, 53 to 58, Sri Chakravarthy Complex, V. V. Puram, Sajjan Rao Circle, Bangalore, KA, IND, 560004
Quadpro ITeS Ltd provides end-to-end solutions to the Banking, Insurance, and Telecom industries. The company's product offerings are divided into Quad Quick: For Banking and Financial Services Industries, Quad Sure: For the Insurance Industry, and Quad Comm: For the Telecomm Industry. It has exclusive tie-ups with all hardware and software solution providers to provide the latest range of desktops, servers, and scanners as part of the solution. The company operates and generates revenue from India.

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