GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Farlim Group Malaysia Bhd (XKLS:6041) » Definitions » ROC (Joel Greenblatt) %

Farlim Group Malaysia Bhd (XKLS:6041) ROC (Joel Greenblatt) % : 31.03% (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Farlim Group Malaysia 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. Farlim Group Malaysia Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 31.03%.

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

XKLS:6041' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -52.04   Med: -8.28   Max: 206.83
Current: -35.45

During the past 13 years, Farlim Group Malaysia Bhd's highest ROC (Joel Greenblatt) % was 206.83%. The lowest was -52.04%. And the median was -8.28%.

XKLS:6041's ROC (Joel Greenblatt) % is ranked worse than
85.53% of 1769 companies
in the Real Estate industry
Industry Median: 9.2 vs XKLS:6041: -35.45

Farlim Group Malaysia Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -50.20% per year.


Farlim Group Malaysia Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Farlim Group Malaysia 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.

Farlim Group Malaysia Bhd ROC (Joel Greenblatt) % Chart

Farlim Group Malaysia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.84 -13.33 -19.35 -52.04 -29.03

Farlim Group Malaysia Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -37.56 -33.68 -29.92 -118.80 31.03

Competitive Comparison of Farlim Group Malaysia Bhd's ROC (Joel Greenblatt) %

For the Real Estate - Diversified subindustry, Farlim Group Malaysia 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.


Farlim Group Malaysia Bhd's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Farlim Group Malaysia Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Farlim Group Malaysia 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)
=(13.379 + 31.209 + 0.10599999999999) - (4.423 + 0 + 21.447)
=18.824

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.672 + 38.266 + 0.16699999999999) - (6.289 + 0 + 23.825)
=22.991

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Farlim Group Malaysia 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 )
=7.68/( ( (3.876 + max(18.824, 0)) + (3.808 + max(22.991, 0)) )/ 2 )
=7.68/( ( 22.7 + 26.799 )/ 2 )
=7.68/24.7495
=31.03 %

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.


Farlim Group Malaysia Bhd  (XKLS:6041) 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.


Farlim Group Malaysia Bhd ROC (Joel Greenblatt) % Related Terms

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


Farlim Group Malaysia Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Lintang Angsana, Bandar Baru Ayer Itam, George Town, PNG, MYS, 11500
Farlim Group Malaysia Bhd is principally involved in property development, investment holding, marketing and distribution of building materials. It is engaged in the development of residential and commercial properties. The company operates through the segments: Property segment which comprises property-related activities; Trading segment which comprises mainly trading of building materials; and Investment and others segment which comprises mainly of investment holding activity and other inactive companies. Its properties include public amenities, such as a hypermarket, banks, pharmacies, clinics, restaurants, post office, petrol kiosk, kindergartens, police stations, and many others. It derives maximum revenue from the Property segment.

Farlim Group Malaysia Bhd Headlines

No Headlines