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Oppstar Bhd (XKLS:0275) ROC (Joel Greenblatt) % : -19.33% (As of Sep. 2024)


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What is Oppstar 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. Oppstar Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -19.33%.

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

XKLS:0275' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 36.98   Med: 280.88   Max: 1036.47
Current: 36.98

During the past 5 years, Oppstar Bhd's highest ROC (Joel Greenblatt) % was 1036.47%. The lowest was 36.98%. And the median was 280.88%.

XKLS:0275's ROC (Joel Greenblatt) % is ranked better than
82.2% of 1000 companies
in the Semiconductors industry
Industry Median: 7.92 vs XKLS:0275: 36.98

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


Oppstar Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Oppstar 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.

Oppstar Bhd ROC (Joel Greenblatt) % Chart

Oppstar Bhd Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
184.10 691.45 1,036.47 280.88 105.27

Oppstar Bhd Quarterly Data
Mar20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.58 91.34 49.09 41.93 -19.33

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

For the Semiconductors subindustry, Oppstar 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.


Oppstar Bhd's ROC (Joel Greenblatt) % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Oppstar Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Oppstar 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: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.494 + 0 + 0.416) - (5.633 + 0 + 0)
=27.277

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.903 + 0 + 0.82899999999998) - (2.791 + 0 + 0.591)
=27.35

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-6.212/( ( (4.715 + max(27.277, 0)) + (4.942 + max(27.35, 0)) )/ 2 )
=-6.212/( ( 31.992 + 32.292 )/ 2 )
=-6.212/32.142
=-19.33 %

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


Oppstar Bhd  (XKLS:0275) 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.


Oppstar Bhd ROC (Joel Greenblatt) % Related Terms

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Oppstar Bhd Business Description

Traded in Other Exchanges
N/A
Address
Sains USM 10, Persiaran Bukit Jambul, Level 6, I2U Building, Bayan Lepas, PNG, MYS, 11900
Oppstar Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the provision of IC design services covering front-end design, back-end design, and complete turnkey solutions. The company also provides other related services such as post-silicon validation services, software and engineering solutions, research and development on engineering and technology, provision of sales and marketing services, technical support, and other related services. It operates in the following business segments; Turnkey Design Services which generates maximum revenue, Specific Design Services, and Other services. Geographically, the company generates a majority of its revenue from Northeast Asia and the rest from Southeast Asia.

Oppstar Bhd Headlines

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