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Saraswatiree Depot (NSE:SSDL) ROC (Joel Greenblatt) % : 37.55% (As of Sep. 2024)


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What is Saraswatiree Depot 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. Saraswatiree Depot's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 37.55%.

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

NSE:SSDL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 34.1   Med: 56.74   Max: 60.21
Current: 56.74

During the past 4 years, Saraswatiree Depot's highest ROC (Joel Greenblatt) % was 60.21%. The lowest was 34.10%. And the median was 56.74%.

NSE:SSDL's ROC (Joel Greenblatt) % is ranked better than
89.73% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 10.58 vs NSE:SSDL: 56.74

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


Saraswatiree Depot ROC (Joel Greenblatt) % Historical Data

The historical data trend for Saraswatiree Depot'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.

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Saraswatiree Depot ROC (Joel Greenblatt) % Chart

Saraswatiree Depot Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
- 34.10 60.21 56.74

Saraswatiree Depot Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial - - 63.57 52.82 37.55

Competitive Comparison of Saraswatiree Depot's ROC (Joel Greenblatt) %

For the Apparel Retail subindustry, Saraswatiree Depot'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.


Saraswatiree Depot's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saraswatiree Depot's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Saraswatiree Depot 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)
=(751.26 + 1077.03 + 57.41) - (961.99 + 0 + 13.39)
=910.32

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1086.46 + 1461.32 + 186.92) - (1389.29 + 0 + 17.98)
=1327.43

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Saraswatiree Depot 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 )
=432.24/( ( (28.25 + max(910.32, 0)) + (36.31 + max(1327.43, 0)) )/ 2 )
=432.24/( ( 938.57 + 1363.74 )/ 2 )
=432.24/1151.155
=37.55 %

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.


Saraswatiree Depot  (NSE:SSDL) 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.


Saraswatiree Depot ROC (Joel Greenblatt) % Related Terms

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Saraswatiree Depot Business Description

Comparable Companies
Traded in Other Exchanges
Address
Gandhinagar Road, Sr No.144/1 Manademala, Near Tawade Hotel, Uchagaon, Kolhapur, MH, IND, 416005
Saraswati Saree Depot Ltd is a key player in the sarees wholesale (B2B) segment. It is also engaged in the wholesale business of other women's apparel wear such as kurtis, dress materials, blouse pieces, lehengas, bottoms, etc.

Saraswatiree Depot Headlines

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