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Fibon Bhd (XKLS:0149) ROC (Joel Greenblatt) % : 36.92% (As of Nov. 2024)


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What is Fibon Bhd 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. Fibon Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 36.92%.

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

XKLS:0149' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.23   Med: 19.8   Max: 38.86
Current: 33.76

During the past 13 years, Fibon Bhd's highest ROC (Joel Greenblatt) % was 38.86%. The lowest was 5.23%. And the median was 19.80%.

XKLS:0149's ROC (Joel Greenblatt) % is ranked better than
80.61% of 3006 companies
in the Industrial Products industry
Industry Median: 12.725 vs XKLS:0149: 33.76

Fibon Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 30.50% per year.


Fibon Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Fibon Bhd'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.

Fibon Bhd ROC (Joel Greenblatt) % Chart

Fibon Bhd Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.83 6.08 23.56 34.01 32.03

Fibon Bhd Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 16.94 14.06 73.34 10.40 36.92

Competitive Comparison of Fibon Bhd's ROC (Joel Greenblatt) %

For the Electrical Equipment & Parts subindustry, Fibon Bhd'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.


Fibon Bhd's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fibon Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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Fibon Bhd 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: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.132 + 1.484 + 1.223) - (2.244 + 0 + 0)
=4.595

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.534 + 1.371 + 1.043) - (2.479 + 0 + 0)
=4.469

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Fibon Bhd for the quarter that ended in Nov. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.204/( ( (12.289 + max(4.595, 0)) + (12.257 + max(4.469, 0)) )/ 2 )
=6.204/( ( 16.884 + 16.726 )/ 2 )
=6.204/16.805
=36.92 %

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


Fibon Bhd  (XKLS:0149) 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.


Fibon Bhd ROC (Joel Greenblatt) % Related Terms

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Fibon Bhd Business Description

Traded in Other Exchanges
N/A
Address
12A, Jalan 20, Taman Sri Kluang, Kluang, JHR, MYS, 86000
Fibon Bhd is enagaged in the manufacturing of polymer matrix fibre composites for the manufacturing of high-amperage insulators. The business segments of the company are Investment holding, Sales of goods and Financing income. The Investment holding segment includes investments made and other related activities. The Sales of goods segment comprises manufacturing and trading of electrical insulators, electrical enclosures, switchboards equipment parts and meter boards. The Financing income segment is engaged in the financial business of factoring and financing activities. The majority of the firm's revenue comes from Singapore.

Fibon Bhd Headlines

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