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Swift Haulage Bhd (XKLS:5303) ROC (Joel Greenblatt) % : 5.54% (As of Dec. 2024)


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What is Swift Haulage 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. Swift Haulage Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 5.54%.

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

XKLS:5303' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.27   Med: 8.82   Max: 11.84
Current: 7.27

During the past 7 years, Swift Haulage Bhd's highest ROC (Joel Greenblatt) % was 11.84%. The lowest was 7.27%. And the median was 8.82%.

XKLS:5303's ROC (Joel Greenblatt) % is ranked worse than
71.43% of 987 companies
in the Transportation industry
Industry Median: 12.9 vs XKLS:5303: 7.27

Swift Haulage Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.80% per year.


Swift Haulage Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Swift Haulage 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.

Swift Haulage Bhd ROC (Joel Greenblatt) % Chart

Swift Haulage Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 8.82 8.27 8.23 9.05 7.40

Swift Haulage Bhd Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.03 11.40 6.68 5.67 5.54

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

For the Integrated Freight & Logistics subindustry, Swift Haulage 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.


Swift Haulage Bhd's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Swift Haulage Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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Swift Haulage 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)
=(295.753 + 9.137 + 7.379) - (106.06 + 0 + 0)
=206.209

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(260.031 + 7.938 + 10.755) - (101.927 + 0 + 0)
=176.797

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Swift Haulage 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 )
=70.484/( ( (1073.868 + max(206.209, 0)) + (1088.387 + max(176.797, 0)) )/ 2 )
=70.484/( ( 1280.077 + 1265.184 )/ 2 )
=70.484/1272.6305
=5.54 %

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.


Swift Haulage Bhd  (XKLS:5303) 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.


Swift Haulage Bhd ROC (Joel Greenblatt) % Related Terms

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Swift Haulage Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Jalan Batai Laut 4, Suite 8.02, Level 8, Intan Millennium Square 2, Taman Intan, Klang, SGR, MYS, 41300
Swift Haulage Bhd is principally involved in providing integrated logistics services comprising the Container haulage, which derives key revenue, Land Transportation, Warehousing and container depot, and Freight forwarding. It has operations in Malaysia and Thailand. The Container haulage segment is engaged in Transporting laden containers to and from seaports and other locations within Peninsular Malaysia. The Land Transportation segment is into the Movement of cargo by road comprising inland transportation and cross-border transportation. Warehousing and container depot include warehousing services, rental of a warehouse, and open yard area. The freight forwarding segment is into Organising end-to-end transportation of cargo i.e. sea, air, and land freight forwarding.

Swift Haulage Bhd Headlines

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