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Lion Asiapac (SGX:BAZ) ROC (Joel Greenblatt) % : 3.31% (As of Dec. 2024)


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What is Lion Asiapac 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. Lion Asiapac's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 3.31%.

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

SGX:BAZ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -256.79   Med: -10.51   Max: 159.39
Current: 4.84

During the past 13 years, Lion Asiapac's highest ROC (Joel Greenblatt) % was 159.39%. The lowest was -256.79%. And the median was -10.51%.

SGX:BAZ's ROC (Joel Greenblatt) % is ranked worse than
65.92% of 402 companies
in the Building Materials industry
Industry Median: 8.775 vs SGX:BAZ: 4.84

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


Lion Asiapac ROC (Joel Greenblatt) % Historical Data

The historical data trend for Lion Asiapac'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.

Lion Asiapac ROC (Joel Greenblatt) % Chart

Lion Asiapac Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.06 11.84 -10.74 -25.12 11.83

Lion Asiapac Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11.61 2.97 13.77 -0.02 3.31

Competitive Comparison of Lion Asiapac's ROC (Joel Greenblatt) %

For the Building Materials subindustry, Lion Asiapac'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.


Lion Asiapac's ROC (Joel Greenblatt) % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lion Asiapac's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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Lion Asiapac 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.996 + 10.847 + 1.234) - (6.175 + 0 + 1.7763568394003E-15)
=18.902

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.044 + 10.45 + 0.893) - (5.493 + 0 + 0)
=16.894

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lion Asiapac for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.776/( ( (5.458 + max(18.902, 0)) + (5.652 + max(16.894, 0)) )/ 2 )
=0.776/( ( 24.36 + 22.546 )/ 2 )
=0.776/23.453
=3.31 %

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


Lion Asiapac  (SGX:BAZ) 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.


Lion Asiapac ROC (Joel Greenblatt) % Related Terms

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Lion Asiapac Business Description

Traded in Other Exchanges
N/A
Address
10 Arumugam Road, No. 10-00, LTC Building A, Singapore, SGP, 409957
Lion Asiapac Ltd is engaged in lime manufacturing, steel trading, and investment holding. The Malaysian segment generates maximum revenue. The company's segments include Supply of roofing solutions, Lime sales, Trading of steel consumables, and Investment holding. Its three business segments are operated in two main geographical areas: Malaysia, which comprises sales of lime and trading of steel consumables; and Singapore includes investment holding.

Lion Asiapac Headlines

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