GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Premium Catering (Holdings) Ltd (NAS:PC) » Definitions » ROC (Joel Greenblatt) %

PC (Premium Catering (Holdings)) ROC (Joel Greenblatt) % : -41.81% (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Premium Catering (Holdings) 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. Premium Catering (Holdings)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -41.81%.

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

PC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25.6   Med: -6.87   Max: 23.69
Current: -25.6

During the past 3 years, Premium Catering (Holdings)'s highest ROC (Joel Greenblatt) % was 23.69%. The lowest was -25.60%. And the median was -6.87%.

PC's ROC (Joel Greenblatt) % is ranked worse than
86.55% of 1048 companies
in the Business Services industry
Industry Median: 22.125 vs PC: -25.60

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


Premium Catering (Holdings) ROC (Joel Greenblatt) % Historical Data

The historical data trend for Premium Catering (Holdings)'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.

Premium Catering (Holdings) ROC (Joel Greenblatt) % Chart

Premium Catering (Holdings) Annual Data
Trend Jun22 Jun23 Jun24
ROC (Joel Greenblatt) %
23.69 -6.87 -25.34

Premium Catering (Holdings) Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
ROC (Joel Greenblatt) % - 7.77 -12.77 -13.10 -41.81

Competitive Comparison of Premium Catering (Holdings)'s ROC (Joel Greenblatt) %

For the Specialty Business Services subindustry, Premium Catering (Holdings)'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.


Premium Catering (Holdings)'s ROC (Joel Greenblatt) % Distribution in the Business Services Industry

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

* The bar in red indicates where Premium Catering (Holdings)'s ROC (Joel Greenblatt) % falls into.



Premium Catering (Holdings) 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)
=(0.529 + 0.019 + 0.879) - (1.066 + 0 + 0.039)
=0.322

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.317 + 0.017 + 0.616) - (2.334 + 0 + 0.032)
=-1.416

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Premium Catering (Holdings) for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.378/( ( (3.407 + max(0.322, 0)) + (2.862 + max(-1.416, 0)) )/ 2 )
=-1.378/( ( 3.729 + 2.862 )/ 2 )
=-1.378/3.2955
=-41.81 %

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


Premium Catering (Holdings)  (NAS:PC) 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.


Premium Catering (Holdings) ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Premium Catering (Holdings)'s ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Premium Catering (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6 Woodlands Walk, Singapore, SGP, 738398
Premium Catering (Holdings) Ltd is a company that conducts its operations through its subsidiary is mainly engaged in food catering for functions, events, and workers in Singapore. Are specialized in Indian, Bangladesh, and Chinese cuisine and all its food products are Halal food which is permissible for consumption by Muslims to consume. Are an ACRA registered company and licensed by SFA to operate and process food business. Serve highquality value-packed food, company deliver's a reliable and dependable service to meet customer's daily meal requirements. The Company recognizes revenue from sales of budgeted prepared meals.