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Shane Global Holding (TPE:8482) ROC (Joel Greenblatt) % : 21.91% (As of Dec. 2024)


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What is Shane Global Holding 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. Shane Global Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 21.91%.

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

TPE:8482' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.21   Med: 70.93   Max: 228.73
Current: 19.93

During the past 10 years, Shane Global Holding's highest ROC (Joel Greenblatt) % was 228.73%. The lowest was 15.21%. And the median was 70.93%.

TPE:8482's ROC (Joel Greenblatt) % is ranked better than
64.91% of 436 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 11.365 vs TPE:8482: 19.93

Shane Global Holding's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.70% per year.


Shane Global Holding ROC (Joel Greenblatt) % Historical Data

The historical data trend for Shane Global Holding'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.

Shane Global Holding ROC (Joel Greenblatt) % Chart

Shane Global Holding 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 51.10 52.81 41.17 15.21 19.99

Shane Global Holding 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 -0.82 15.30 22.90 19.61 21.91

Competitive Comparison of Shane Global Holding's ROC (Joel Greenblatt) %

For the Furnishings, Fixtures & Appliances subindustry, Shane Global Holding'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.


Shane Global Holding's ROC (Joel Greenblatt) % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shane Global Holding's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Shane Global Holding's ROC (Joel Greenblatt) % falls into.


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Shane Global Holding 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)
=(477.798 + 642.773 + 61.582) - (1178.31 + 0 + 42.24)
=-38.397

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(569.748 + 594.188 + 57.118) - (1251.95 + 0 + 36.427)
=-67.323

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Shane Global Holding 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 )
=586.772/( ( (2662.321 + max(-38.397, 0)) + (2694.997 + max(-67.323, 0)) )/ 2 )
=586.772/( ( 2662.321 + 2694.997 )/ 2 )
=586.772/2678.659
=21.91 %

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.


Shane Global Holding  (TPE:8482) 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.


Shane Global Holding ROC (Joel Greenblatt) % Related Terms

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Shane Global Holding Business Description

Traded in Other Exchanges
N/A
Address
Dunhua S.Road, 2nd Floor, No.97, Section 2, Da’an District, Taipei, TWN, 106045
Shane Global Holding Inc is a holding company. The company along with its holdings is engaged in the research and development, production and sale of indoor and interior furniture. It specializes in the production and sales of sofas, sofa covers, and other leather goods. Its products include sofa, bed and ottoman.

Shane Global Holding Headlines

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