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Anzo Holdings Bhd (XKLS:9342) ROC (Joel Greenblatt) % : -3.40% (As of Dec. 2022)


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What is Anzo 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. Anzo Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -3.40%.

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

XKLS:9342's ROC (Joel Greenblatt) % is not ranked *
in the Construction industry.
Industry Median: 18.5
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Anzo Holdings Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Anzo 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.

Anzo Holdings Bhd ROC (Joel Greenblatt) % Chart

Anzo Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Jul19 Sep21 Sep22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.68 -13.40 -6.84 -33.26 -38.62

Anzo Holdings Bhd Quarterly Data
Jun17 Sep17 Dec17 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -17.04 -58.71 -4.62 -96.86 -3.40

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

For the Engineering & Construction subindustry, Anzo 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.


Anzo Holdings Bhd's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anzo Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Anzo 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: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.617 + 0 + 10.732) - (4.967 + 0 + 0.521)
=47.861

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.829 + 0 + 0) - (3.81 + 0 + -4.4408920985006E-16)
=39.019

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Anzo Holdings Bhd for the quarter that ended in Dec. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.296/( ( (24.278 + max(47.861, 0)) + (23.86 + max(39.019, 0)) )/ 2 )
=-2.296/( ( 72.139 + 62.879 )/ 2 )
=-2.296/67.509
=-3.40 %

Note: The EBIT data used here is four times the quarterly (Dec. 2022) 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.


Anzo Holdings Bhd  (XKLS:9342) 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.


Anzo Holdings Bhd ROC (Joel Greenblatt) % Related Terms

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Anzo Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 450, Jalan Papan, Pandamaran Industrial Area, Port Klang, SGR, MYS, 42000
Anzo Holdings Bhd is an investment holding company. The company has four segments that drive the operations, Construction & property development, Timber Services, Trading, and Investment holding & others. Trading segment includes trading of metal scraps and construction materials, Construction and property includes development Contractors in construction and interior design fit up works and related maintenance services, development of residential and commercial properties, Timber services include Kiln drying, provision of timber trading and related services, Investment holding and others segment includes Investments in shares and securities and the provision of marketing and management service.

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