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Alhasoob Co (SAU:9522) ROC (Joel Greenblatt) % : 0.00% (As of Jun. 2023)


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What is Alhasoob 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. Alhasoob Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 0.00%.

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

During the past 2 years, Alhasoob Co's highest ROC (Joel Greenblatt) % was 117.68%. The lowest was 63.12%. And the median was 90.40%.

SAU:9522's ROC (Joel Greenblatt) % is not ranked *
in the Hardware industry.
Industry Median: 9.98
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Alhasoob Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Alhasoob 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.

Alhasoob Co ROC (Joel Greenblatt) % Chart

Alhasoob Co Annual Data
Trend Dec19 Dec20
ROC (Joel Greenblatt) %
63.12 117.68

Alhasoob Co Quarterly Data
Dec19 Dec20 Jun22 Jun23
ROC (Joel Greenblatt) % - - - -

Competitive Comparison of Alhasoob Co's ROC (Joel Greenblatt) %

For the Electronics & Computer Distribution subindustry, Alhasoob 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.


Alhasoob Co's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alhasoob Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Alhasoob Co's ROC (Joel Greenblatt) % falls into.



Alhasoob 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 97.341) - (0 + 0 + 67.156)
=30.185

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Alhasoob Co for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(0, 0)) + (1.346 + max(30.185, 0)) )/ 1 )
=0/( ( 0 + 31.531 )/ 1 )
=0/31.531
=0.00 %

Note: The EBIT data used here is four times the quarterly (Jun. 2023) 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.


Alhasoob Co  (SAU:9522) 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.


Alhasoob Co ROC (Joel Greenblatt) % Related Terms

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Alhasoob Co (SAU:9522) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Al Nakhelah Building, Second Floor, Olaya Computer Market, Behind Holiday Inn Hotel, Riyadh, SAU
Alhasoob Co is engaged in the wholesale sale of computers and their accessories. Its products include Headphones, Printers, Ink, Laptop, Scanner, Keyboard, Speaker, Mouse and Gaming headset among others.

Alhasoob Co (SAU:9522) Headlines

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