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Amtel Holdings Bhd (XKLS:7031) ROC (Joel Greenblatt) % : 28.45% (As of Feb. 2024)


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What is Amtel Holdings 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. Amtel Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 28.45%.

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

XKLS:7031' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15.6   Med: 13.11   Max: 55.27
Current: 24.94

During the past 13 years, Amtel Holdings Bhd's highest ROC (Joel Greenblatt) % was 55.27%. The lowest was -15.60%. And the median was 13.11%.

XKLS:7031's ROC (Joel Greenblatt) % is ranked better than
72.94% of 2476 companies
in the Hardware industry
Industry Median: 10.3 vs XKLS:7031: 24.94

Amtel Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -4.40% per year.


Amtel Holdings Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Amtel Holdings 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.

Amtel Holdings Bhd ROC (Joel Greenblatt) % Chart

Amtel Holdings Bhd Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.27 29.93 19.39 10.86 21.44

Amtel Holdings Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 23.86 19.73 27.11 24.25 28.45

Competitive Comparison of Amtel Holdings Bhd's ROC (Joel Greenblatt) %

For the Scientific & Technical Instruments subindustry, Amtel Holdings 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.


Amtel Holdings Bhd's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Amtel Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Amtel Holdings 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: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.569 + 5.793 + 5.687) - (10.314 + 0 + 6.158)
=2.577

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.089 + 6.318 + 0) - (15.677 + 0 + 1.301)
=-0.571

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Amtel Holdings Bhd for the quarter that ended in Feb. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.104/( ( (27.306 + max(2.577, 0)) + (27.089 + max(-0.571, 0)) )/ 2 )
=8.104/( ( 29.883 + 27.089 )/ 2 )
=8.104/28.486
=28.45 %

Note: The EBIT data used here is four times the quarterly (Feb. 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.


Amtel Holdings Bhd  (XKLS:7031) 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.


Amtel Holdings Bhd ROC (Joel Greenblatt) % Related Terms

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Amtel Holdings Bhd (XKLS:7031) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Jalan Pensyarah U1/28, Level 3, Wisma Amtel, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Amtel Holdings Bhd is an investment holding company, which is engaged in the provision of management services. The business activity of the group is operated through various segments which include Information and Communication Technology, Telecommunications, Infrastructure and Services and Other Segment. The Information and Communication Technology account for the majority of revenue. The Information and Communication Technology segment is involved in providing navigation products and services, Geographical Information System (GIS) development and research businesses. Geographically, the operation of the group function only in Malaysia.

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