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Dagang NeXchange Bhd (XKLS:4456) ROC (Joel Greenblatt) % : -11.10% (As of Dec. 2024)


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What is Dagang NeXchange 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. Dagang NeXchange Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -11.10%.

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

XKLS:4456' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.18   Med: 68.49   Max: 237.99
Current: -1.93

During the past 13 years, Dagang NeXchange Bhd's highest ROC (Joel Greenblatt) % was 237.99%. The lowest was -2.18%. And the median was 68.49%.

XKLS:4456's ROC (Joel Greenblatt) % is ranked worse than
62.07% of 2768 companies
in the Software industry
Industry Median: 17.635 vs XKLS:4456: -1.93

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


Dagang NeXchange Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dagang NeXchange 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.

Dagang NeXchange Bhd ROC (Joel Greenblatt) % Chart

Dagang NeXchange Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun22 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.22 80.69 66.89 70.08 -2.18

Dagang NeXchange Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 5.83 2.54 -0.58 0.97 -11.10

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

For the Information Technology Services subindustry, Dagang NeXchange 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.


Dagang NeXchange Bhd's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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


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Dagang NeXchange 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)
=(172.726 + 104.395 + 12.444) - (218.89 + 0 + 213.918)
=-143.243

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(187.662 + 127.944 + 82.643) - (230.26 + 0 + 150.712)
=17.277

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dagang NeXchange 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 )
=-238.924/( ( (2160.915 + max(-143.243, 0)) + (2125.437 + max(17.277, 0)) )/ 2 )
=-238.924/( ( 2160.915 + 2142.714 )/ 2 )
=-238.924/2151.8145
=-11.10 %

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.


Dagang NeXchange Bhd  (XKLS:4456) 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.


Dagang NeXchange Bhd ROC (Joel Greenblatt) % Related Terms

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Dagang NeXchange Bhd Business Description

Traded in Other Exchanges
N/A
Address
Dagang Net Tower, Block 10 (A & B) Corporate Park, Star Central, Lingkaran, Cyberpoint Timur, Cyber 12, Cyberjaya, SGR, MYS, 63000
Dagang NeXchange Bhd is a Malaysia based company. The business operates in various segments that include Corporate, Information technology, Energy and Technology. Corporate is in provision of corporate services to the entities within the group. Information technology which include Supply, delivery, installation, testing, commissioning and maintenance of IT hardware, development, management and provision of business to government (B2G) e-commerce. Energy inccludes Providing upstream oil and gas exploration, production, sale of oil and gas related equipment and services, provision of engineering, technical support and involvement in power plant and energy related business. Key revenue is generated from Energy segment.

Dagang NeXchange Bhd Headlines

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