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Selangor Properties Berhad (Selangor Properties Berhad) ROC (Joel Greenblatt) % : 53.01% (As of Jan. 2019)


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What is Selangor Properties Berhad 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. Selangor Properties Berhad's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2019 was 53.01%.

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

SGPBY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 12.35   Med: 70.89   Max: 1109.99
Current: 43.89

During the past 13 years, Selangor Properties Berhad's highest ROC (Joel Greenblatt) % was 1109.99%. The lowest was 12.35%. And the median was 70.89%.

SGPBY's ROC (Joel Greenblatt) % is not ranked
in the Real Estate industry.
Industry Median: 10.015 vs SGPBY: 43.89

Selangor Properties Berhad's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -30.60% per year.


Selangor Properties Berhad ROC (Joel Greenblatt) % Historical Data

The historical data trend for Selangor Properties Berhad'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.

Selangor Properties Berhad ROC (Joel Greenblatt) % Chart

Selangor Properties Berhad Annual Data
Trend Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 177.68 1,090.72 111.81 84.74 12.55

Selangor Properties Berhad Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19
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 -98.50 31.66 76.24 14.21 53.01

Competitive Comparison of Selangor Properties Berhad's ROC (Joel Greenblatt) %

For the Real Estate - Development subindustry, Selangor Properties Berhad'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.


Selangor Properties Berhad's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Selangor Properties Berhad's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Selangor Properties Berhad's ROC (Joel Greenblatt) % falls into.



Selangor Properties Berhad 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: Oct. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.573 + 49.57 + 2.032) - (10.184 + 0 + 6.698)
=36.293

Working Capital(Q: Jan. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.505 + 52.452 + 1.819) - (12.347 + 0 + 0.010999999999999)
=43.418

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Selangor Properties Berhad for the quarter that ended in Jan. 2019 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2018  Q: Jan. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=27.76/( ( (12.556 + max(36.293, 0)) + (12.469 + max(43.418, 0)) )/ 2 )
=27.76/( ( 48.849 + 55.887 )/ 2 )
=27.76/52.368
=53.01 %

Note: The EBIT data used here is four times the quarterly (Jan. 2019) 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.


Selangor Properties Berhad  (OTCPK:SGPBY) 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.


Selangor Properties Berhad ROC (Joel Greenblatt) % Related Terms

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Selangor Properties Berhad (Selangor Properties Berhad) Business Description

Traded in Other Exchanges
N/A
Address
Level 2 Block D, Kompleks Pejabat Damansara, Jalan Dungun, Damansara Heights, Kuala Lumpur, MYS, 50490
Selangor Properties Berhad is an investment holding. The company through its subsidiaries is engaged in property development, property investments and provides education both in Malaysia and in Australia. The group is organized into operating segments like Property investment; Property development; and Investment holding.

Selangor Properties Berhad (Selangor Properties Berhad) Headlines

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