GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CC International Bhd (XKLS:03053) » Definitions » ROC (Joel Greenblatt) %

CC International Bhd (XKLS:03053) ROC (Joel Greenblatt) % : 107.47% (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is CC International 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. CC International Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 107.47%.

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

XKLS:03053' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 99.61   Med: 157   Max: 260.17
Current: 121.93

During the past 5 years, CC International Bhd's highest ROC (Joel Greenblatt) % was 260.17%. The lowest was 99.61%. And the median was 157.00%.

XKLS:03053's ROC (Joel Greenblatt) % is not ranked
in the Business Services industry.
Industry Median: 21.44 vs XKLS:03053: 121.93

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


CC International Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for CC International 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.

CC International Bhd ROC (Joel Greenblatt) % Chart

CC International Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
99.61 193.46 260.17 128.50 157.00

CC International Bhd Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 162.07 28.28 111.41 152.63 107.47

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

For the Specialty Business Services subindustry, CC International 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.


CC International Bhd's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CC International Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



CC International 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.744 + 0 + 1.492) - (6.037 + 0 + 1.797)
=3.402

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.623 + 0 + 1.067) - (6.696 + 0 + -0.0010000000000003)
=6.995

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.808/( ( (3.048 + max(3.402, 0)) + (2.946 + max(6.995, 0)) )/ 2 )
=8.808/( ( 6.45 + 9.941 )/ 2 )
=8.808/8.1955
=107.47 %

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


CC International Bhd  (XKLS:03053) 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.


CC International Bhd ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of CC International Bhd's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


CC International Bhd Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Off Jalan Klang Lama, 8-4, Jalan 2/114 Kuchai Business Centre, Kuala Lumpur, SGR, MYS, 58200
CC International Bhd is a home-grown multidisciplinary professional service provider. The company's services include GBS - Accounting and business service outsourcing, Tax services, Corporate secretarial services, Business consultancy services, and Wealth management services. Its clients comprises corporate clients such as SMEs, large private corporations, public listed companies, multinational corporations, government institutions and foundations as well as individual clients.

CC International Bhd Headlines

No Headlines