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Panda Eco System Bhd (XKLS:0290) ROC (Joel Greenblatt) % : 976.12% (As of Dec. 2024)


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What is Panda Eco System 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. Panda Eco System Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 976.12%.

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

XKLS:0290' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 210.36   Med: 672.39   Max: 903.85
Current: 724.56

During the past 6 years, Panda Eco System Bhd's highest ROC (Joel Greenblatt) % was 903.85%. The lowest was 210.36%. And the median was 672.39%.

XKLS:0290's ROC (Joel Greenblatt) % is ranked better than
95.81% of 2769 companies
in the Software industry
Industry Median: 18.17 vs XKLS:0290: 724.56

Panda Eco System Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.20% per year.


Panda Eco System Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Panda Eco System 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.

Panda Eco System Bhd ROC (Joel Greenblatt) % Chart

Panda Eco System Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 373.73 903.85 808.87 535.91 833.16

Panda Eco System Bhd Quarterly Data
Dec19 Dec20 Dec21 Dec22 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 69.37 991.27 376.86 518.93 976.12

Competitive Comparison of Panda Eco System Bhd's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Panda Eco System 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.


Panda Eco System Bhd's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Panda Eco System Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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Panda Eco System 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.148 + 0.214 + 0.028000000000006) - (4.742 + 0 + 2.665)
=-2.017

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.781 + 0.191 + 1.036) - (5.095 + 0 + 2.443)
=-2.53

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Panda Eco System Bhd 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 )
=13.612/( ( (1.576 + max(-2.017, 0)) + (1.213 + max(-2.53, 0)) )/ 2 )
=13.612/( ( 1.576 + 1.213 )/ 2 )
=13.612/1.3945
=976.12 %

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.


Panda Eco System Bhd  (XKLS:0290) 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.


Panda Eco System Bhd ROC (Joel Greenblatt) % Related Terms

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Panda Eco System Bhd Business Description

Traded in Other Exchanges
N/A
Address
No 28, 28-1, 30, 30-1, 32-1 and 34-1, Jalan PPM13 Plaza Pandan Malim Business Park, Melaka, MLA, MYS, 75250
Panda Eco System Bhd is principally involved in the development, customisation, implementation and integration of Retail Management Eco-system. In addition, it is also involved in the trading of third-party software, trading of IT hardware as well as software customisation, implementation and integration of process control and automation solutions.

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