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Dr Soliman Abdul Kader Fakeeh Hospital Co (SAU:4017) ROC (Joel Greenblatt) % : 15.63% (As of Sep. 2024)


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What is Dr Soliman Abdul Kader Fakeeh Hospital 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. Dr Soliman Abdul Kader Fakeeh Hospital Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.63%.

The historical rank and industry rank for Dr Soliman Abdul Kader Fakeeh Hospital Co's ROC (Joel Greenblatt) % or its related term are showing as below:

SAU:4017' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.75
Current: 6.75

During the past 0 years, Dr Soliman Abdul Kader Fakeeh Hospital Co's highest ROC (Joel Greenblatt) % was 6.75%. The lowest was 0.00%. And the median was 0.00%.

SAU:4017's ROC (Joel Greenblatt) % is ranked worse than
55.64% of 674 companies
in the Healthcare Providers & Services industry
Industry Median: 9.88 vs SAU:4017: 6.75

Dr Soliman Abdul Kader Fakeeh Hospital Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Dr Soliman Abdul Kader Fakeeh Hospital Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dr Soliman Abdul Kader Fakeeh Hospital 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.

Dr Soliman Abdul Kader Fakeeh Hospital Co ROC (Joel Greenblatt) % Chart

Dr Soliman Abdul Kader Fakeeh Hospital Co Annual Data
Trend
ROC (Joel Greenblatt) %

Dr Soliman Abdul Kader Fakeeh Hospital Co Quarterly Data
Jun23 Sep23 Jun24 Sep24
ROC (Joel Greenblatt) % - - 11.37 15.63

Competitive Comparison of Dr Soliman Abdul Kader Fakeeh Hospital Co's ROC (Joel Greenblatt) %

For the Medical Care Facilities subindustry, Dr Soliman Abdul Kader Fakeeh Hospital 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.


Dr Soliman Abdul Kader Fakeeh Hospital Co's ROC (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dr Soliman Abdul Kader Fakeeh Hospital Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dr Soliman Abdul Kader Fakeeh Hospital Co's ROC (Joel Greenblatt) % falls into.


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Dr Soliman Abdul Kader Fakeeh Hospital 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)
=(871.593 + 176.189 + 220.706) - (397.784 + 0 + 177.464)
=693.24

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(831.965 + 180.881 + 194.871) - (330.53 + 0 + 283.294)
=593.893

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dr Soliman Abdul Kader Fakeeh Hospital 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 )
=453.312/( ( (2202.691 + max(693.24, 0)) + (2310.809 + max(593.893, 0)) )/ 2 )
=453.312/( ( 2895.931 + 2904.702 )/ 2 )
=453.312/2900.3165
=15.63 %

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.


Dr Soliman Abdul Kader Fakeeh Hospital Co  (SAU:4017) 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.


Dr Soliman Abdul Kader Fakeeh Hospital Co ROC (Joel Greenblatt) % Related Terms

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Dr Soliman Abdul Kader Fakeeh Hospital Co Business Description

Traded in Other Exchanges
N/A
Address
Palestine Street, P.O. Box 2537, Al Hamra District, Jeddah, SAU, 21461
Dr Soliman Abdul Kader Fakeeh Hospital Co is a Company whose principal activities include managing, establishing and operating hospitals, clinics, medical, educational and training centers. In addition to the above, the company is also managing and operating medical services, analysis and radiology laboratory and managing and establishing pharmacies, wholesale and retail of medical equipment, maintenance of IT equipment and software related services.

Dr Soliman Abdul Kader Fakeeh Hospital Co Headlines

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