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S.S. Infrastructure Development Consultants (NSE:SSINFRA) ROC (Joel Greenblatt) % : -16.43% (As of Sep. 2021)


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What is S.S. Infrastructure Development Consultants 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. S.S. Infrastructure Development Consultants's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -16.43%.

The historical rank and industry rank for S.S. Infrastructure Development Consultants's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:SSINFRA's ROC (Joel Greenblatt) % is not ranked *
in the Construction industry.
Industry Median: 17.775
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

S.S. Infrastructure Development Consultants's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


S.S. Infrastructure Development Consultants ROC (Joel Greenblatt) % Historical Data

The historical data trend for S.S. Infrastructure Development Consultants'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.

S.S. Infrastructure Development Consultants ROC (Joel Greenblatt) % Chart

S.S. Infrastructure Development Consultants Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 38.76 35.93 27.60 13.73 5.01

S.S. Infrastructure Development Consultants Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 16.19 11.58 2.35 7.73 -16.43

Competitive Comparison of S.S. Infrastructure Development Consultants's ROC (Joel Greenblatt) %

For the Engineering & Construction subindustry, S.S. Infrastructure Development Consultants'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.


S.S. Infrastructure Development Consultants's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, S.S. Infrastructure Development Consultants's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where S.S. Infrastructure Development Consultants's ROC (Joel Greenblatt) % falls into.



S.S. Infrastructure Development Consultants 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. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(244.666 + 157.077 + 128.177) - (18.812 + 0 + 70.787)
=440.321

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(220.49 + 131.977 + 37.33) - (3.389 + 0 + 95.876)
=290.532

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of S.S. Infrastructure Development Consultants for the quarter that ended in Sep. 2021 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2021  Q: Sep. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-76.64/( ( (66.248 + max(440.321, 0)) + (135.931 + max(290.532, 0)) )/ 2 )
=-76.64/( ( 506.569 + 426.463 )/ 2 )
=-76.64/466.516
=-16.43 %

Note: The EBIT data used here is two times the semi-annual (Sep. 2021) 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.


S.S. Infrastructure Development Consultants  (NSE:SSINFRA) 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.


S.S. Infrastructure Development Consultants ROC (Joel Greenblatt) % Related Terms

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S.S. Infrastructure Development Consultants (NSE:SSINFRA) Business Description

Traded in Other Exchanges
N/A
Address
Flat No. 15, Jabbar Building, Begumpet, Hyderabad, TG, IND, 500016
S.S. Infrastructure Development Consultants Ltd is engaged in the business of Engineering Consultancy. The company provides Architectural Planning, Comprehensive Civil/Structural designs, Project Management Consultancy, Repairs and Rehabilitation, and Quality Management Systems. Its project includes Office Buildings, Pharma and Clean Rooms, Institutional Structures, Integrated Townships, Green Buildings, and others.

S.S. Infrastructure Development Consultants (NSE:SSINFRA) Headlines

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