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Abdullah Al Othaim Markets Co (SAU:4001) ROC (Joel Greenblatt) % : 9.73% (As of Sep. 2024)


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What is Abdullah Al Othaim Markets Co 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. Abdullah Al Othaim Markets Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9.73%.

The historical rank and industry rank for Abdullah Al Othaim Markets Co's ROC (Joel Greenblatt) % or its related term are showing as below:

SAU:4001' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.51   Med: 23.86   Max: 40.14
Current: 14.41

During the past 13 years, Abdullah Al Othaim Markets Co's highest ROC (Joel Greenblatt) % was 40.14%. The lowest was 7.51%. And the median was 23.86%.

SAU:4001's ROC (Joel Greenblatt) % is ranked worse than
52.37% of 317 companies
in the Retail - Defensive industry
Industry Median: 15.01 vs SAU:4001: 14.41

Abdullah Al Othaim Markets Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -1.50% per year.


Abdullah Al Othaim Markets Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Abdullah Al Othaim Markets Co'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.

Abdullah Al Othaim Markets Co ROC (Joel Greenblatt) % Chart

Abdullah Al Othaim Markets Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.19 20.20 7.51 40.14 18.61

Abdullah Al Othaim Markets Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.99 24.05 16.64 8.22 9.73

Competitive Comparison of Abdullah Al Othaim Markets Co's ROC (Joel Greenblatt) %

For the Grocery Stores subindustry, Abdullah Al Othaim Markets Co'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.


Abdullah Al Othaim Markets Co's ROC (Joel Greenblatt) % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Abdullah Al Othaim Markets Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Abdullah Al Othaim Markets Co's ROC (Joel Greenblatt) % falls into.



Abdullah Al Othaim Markets Co 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: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.191 + 1198.549 + 1.0110000000002) - (2139.022 + 0 + 456.491)
=-1347.762

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50.041 + 1088.452 + 1.011) - (1912.298 + 0 + 464.987)
=-1237.781

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Abdullah Al Othaim Markets Co 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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=387.856/( ( (3909.944 + max(-1347.762, 0)) + (4064.943 + max(-1237.781, 0)) )/ 2 )
=387.856/( ( 3909.944 + 4064.943 )/ 2 )
=387.856/3987.4435
=9.73 %

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


Abdullah Al Othaim Markets Co  (SAU:4001) 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.


Abdullah Al Othaim Markets Co ROC (Joel Greenblatt) % Related Terms

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Abdullah Al Othaim Markets Co Business Description

Traded in Other Exchanges
N/A
Address
Al Andlus District, Khurais Branch Street, PO Box 41700, Riyadh, SAU, 11531
Abdullah Al Othaim Markets Co is engaged in the wholesale and retail trade of food, fish, meat, agricultural products, livestock and household items. It is also involved in establishing, managing, operating and maintaining supermarkets, commercial complexes, and bakeries, providing cooked and uncooked catering services, and managing training and educational centers, in addition to acquiring lands to construct buildings for lease or sale for the interest of the company. It operates in the segments of Retail and whole trading of food supplies, in addition to Leasing commercial centers for the purpose of investment for the interest of the company through sale or leasing. It operates in the Kingdom of Saudi Arabia and Egypt and derives key revenue from Retail and wholesale activities.

Abdullah Al Othaim Markets Co Headlines

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