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Centro Escolar University (PHS:CEU) ROC (Joel Greenblatt) % : 15.30% (As of Nov. 2024)


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What is Centro Escolar University 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. Centro Escolar University's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 15.30%.

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

PHS:CEU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.75   Med: 5.98   Max: 13.66
Current: 10.5

During the past 13 years, Centro Escolar University's highest ROC (Joel Greenblatt) % was 13.66%. The lowest was 1.75%. And the median was 5.98%.

PHS:CEU's ROC (Joel Greenblatt) % is ranked worse than
60.22% of 269 companies
in the Education industry
Industry Median: 17.41 vs PHS:CEU: 10.50

Centro Escolar University's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.60% per year.


Centro Escolar University ROC (Joel Greenblatt) % Historical Data

The historical data trend for Centro Escolar University'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.

Centro Escolar University ROC (Joel Greenblatt) % Chart

Centro Escolar University Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 May22 May23 May24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 3.17 2.38 6.98 10.91

Centro Escolar University Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.13 18.04 8.48 0.80 15.30

Competitive Comparison of Centro Escolar University's ROC (Joel Greenblatt) %

For the Education & Training Services subindustry, Centro Escolar University'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.


Centro Escolar University's ROC (Joel Greenblatt) % Distribution in the Education Industry

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

* The bar in red indicates where Centro Escolar University's ROC (Joel Greenblatt) % falls into.



Centro Escolar University 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: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(923.356 + 41.579 + 124.313) - (960.632 + 0 + 1390.634)
=-1262.018

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(636.77 + 46.722 + 112.602) - (1011.875 + 0 + 596.685)
=-812.466

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Centro Escolar University for the quarter that ended in Nov. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1021.668/( ( (6667.866 + max(-1262.018, 0)) + (6689.918 + max(-812.466, 0)) )/ 2 )
=1021.668/( ( 6667.866 + 6689.918 )/ 2 )
=1021.668/6678.892
=15.30 %

Note: The EBIT data used here is four times the quarterly (Nov. 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.


Centro Escolar University  (PHS:CEU) 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.


Centro Escolar University ROC (Joel Greenblatt) % Related Terms

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Centro Escolar University Business Description

Traded in Other Exchanges
N/A
Address
9 Mendiola Street, San Miguel, Manila, RIZ, PHL, 1005
Centro Escolar University is a Philippines-based institution of higher learning. The company is engaged in establishing, maintaining and operating an educational institution for the training of the youth in all branches of the arts and sciences, offering classes at the tertiary level. The University operates in four geographical segments such as Mendiola, Malolos, Makati-Gil Puyat and Makati Legaspi campus.

Centro Escolar University Headlines

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