Ezra Holdings (SGX:5DN) ROC (Joel Greenblatt) %: -55.16% (As of May. 2016)

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What is Ezra Holdings ROC (Joel Greenblatt) %?

Ezra Holdings SGX:5DN ROC (Joel Greenblatt) % is -55.16% as of May. 2016.

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. Ezra Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2016 was -55.16%.

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

SGX:5DN's ROC (Joel Greenblatt) % is not ranked *
in the Oil & Gas industry.
Industry Median: 8.89
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Ezra Holdings  (SGX:5DN) 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.


Ezra Holdings ROC (Joel Greenblatt) % Related Terms


Ezra Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ezra Holdings'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.

Ezra Holdings ROC (Joel Greenblatt) % Chart

Ezra Holdings Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.04 11.43 9.64 4.30 9.88

Ezra Holdings Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
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 2.35 8.41 -0.68 -52.79 -55.16

SGX:5DN vs WFTIQ, GWTI, SDPI: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Equipment & Services subindustry, Ezra Holdings'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.


Ezra Holdings ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ezra Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Ezra Holdings 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: Feb. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(376.795 + 111.757 + 2365.396) - (292.703 + 0 + 1303.926)
=1257.319

Working Capital(Q: May. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(359.932 + 100.378 + 429.531) - (304.418 + 0 + 70.85)
=514.573

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ezra Holdings for the quarter that ended in May. 2016 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2016  Q: May. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1237.184/( ( (1347.532 + max(1257.319, 0)) + (1366.431 + max(514.573, 0)) )/ 2 )
=-1237.184/( ( 2604.851 + 1881.004 )/ 2 )
=-1237.184/2242.9275
=-55.16 %

Note: The EBIT data used here is four times the quarterly (May. 2016) 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.

What does a ROC (Joel Greenblatt) % of -55.16% mean?
Ezra Holdings (SGX:5DN) has a ROC (Joel Greenblatt) % of -55.16% as of May. 2016. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ezra Holdings and its competitors.
Is Ezra Holdings' ROC (Joel Greenblatt) % too high?
Ezra Holdings' current ROC (Joel Greenblatt) % is -55.16%.
How does Ezra Holdings' ROC (Joel Greenblatt) % compare to WFTIQ and GWTI?
Ezra Holdings' ROC (Joel Greenblatt) % of -55.16% can be compared against companies in the Oil & Gas industry. The industry median ROC (Joel Greenblatt) % is 8.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.89, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ezra Holdings and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ezra Holdings's current ROC (Joel Greenblatt) % is -55.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ezra Holdings stock overvalued right now?
Ezra Holdings (SGX:5DN) has a current ROC (Joel Greenblatt) % of -55.16%. The current ROC (Joel Greenblatt) % is -55.16%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Ezra Holdings (SGX:5DN), the current ROC (Joel Greenblatt) % is -55.16% as of May. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ezra Holdings Business Description

Industry EnergyOil & Gas
Address 51 Shipyard Road, Singapore, SGP, 628139
Ezra Holdings Ltd is an offshore contractor and provider of integrated offshore solutions to the Oil and Gas industry. The business divisions of the company are Offshore Support (EMAS), Production Services and Marine Services (TRIYARDS) and EMAS Energy. The EMAS division includes offshore support services, accommodation, construction, and production services to customers in the oil and gas industry. The TRIYARDS division provides integrated engineering, ship construction, and fabrication services. The EMAS Energy division serves energy lifecycle by providing integrated onshore and offshore well intervention, drilling services, modern equipment and the support of marine vessels.