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APAC Realty (SGX:CLN) ROC (Joel Greenblatt) % : 13.79% (As of Dec. 2024)


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What is APAC Realty 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. APAC Realty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 13.79%.

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

SGX:CLN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.79   Med: 271.93   Max: 2581.21
Current: 14.85

During the past 11 years, APAC Realty's highest ROC (Joel Greenblatt) % was 2581.21%. The lowest was 14.79%. And the median was 271.93%.

SGX:CLN's ROC (Joel Greenblatt) % is ranked better than
55.97% of 1758 companies
in the Real Estate industry
Industry Median: 10.71 vs SGX:CLN: 14.85

APAC Realty's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -43.90% per year.


APAC Realty ROC (Joel Greenblatt) % Historical Data

The historical data trend for APAC Realty'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.

APAC Realty ROC (Joel Greenblatt) % Chart

APAC Realty Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.12 56.92 45.48 21.26 14.79

APAC Realty Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 35.72 18.50 23.73 15.95 13.79

Competitive Comparison of APAC Realty's ROC (Joel Greenblatt) %

For the Real Estate Services subindustry, APAC Realty'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.


APAC Realty's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

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

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


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APAC Realty 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)
=(91.812 + 0 + 2.416) - (116.24 + 0 + 3.853)
=-25.865

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.607 + 0 + 1.811) - (114.641 + 0 + 4.41)
=-27.633

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of APAC Realty 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: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.928/( ( (71.91 + max(-25.865, 0)) + (72.087 + max(-27.633, 0)) )/ 2 )
=9.928/( ( 71.91 + 72.087 )/ 2 )
=9.928/71.9985
=13.79 %

Note: The EBIT data used here is two times the semi-annual (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.


APAC Realty  (SGX:CLN) 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.


APAC Realty ROC (Joel Greenblatt) % Related Terms

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APAC Realty Business Description

Traded in Other Exchanges
N/A
Address
450 Lorong 6 Toa Payoh, No 03-01 ERA APAC Centre, Singapore, SGP, 319394
APAC Realty Ltd is a real estate services provider in Asia. The company operates three main business segments, namely real estate brokerage services; franchise arrangements; training, valuation, and other ancillary services. Its real estate brokerage services are operated by its wholly-owned subsidiary ERA Realty Network Pte Ltd under the ERA brand. ERA Realty derives commission-based fees through the provision of property brokerage services for primary sales; secondary sales; and rental of residential, commercial and industrial properties.

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