GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Butwal Power Co Ltd (XNEP:BPCL) » Definitions » ROC (Joel Greenblatt) %

Butwal Power Co (XNEP:BPCL) ROC (Joel Greenblatt) % : 36.97% (As of Oct. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Butwal Power Co 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. Butwal Power Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 36.97%.

The historical rank and industry rank for Butwal Power Co's ROC (Joel Greenblatt) % or its related term are showing as below:

XNEP:BPCL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 23.51   Med: 70.25   Max: 106.39
Current: 106.39

During the past 13 years, Butwal Power Co's highest ROC (Joel Greenblatt) % was 106.39%. The lowest was 23.51%. And the median was 70.25%.

XNEP:BPCL's ROC (Joel Greenblatt) % is ranked better than
93.95% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.565 vs XNEP:BPCL: 106.39

Butwal Power Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.10% per year.


Butwal Power Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Butwal Power Co'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.

Butwal Power Co ROC (Joel Greenblatt) % Chart

Butwal Power Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.28 48.90 55.82 64.91 73.48

Butwal Power Co Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 49.72 79.97 16.83 238.44 36.97

Competitive Comparison of Butwal Power Co's ROC (Joel Greenblatt) %

For the Utilities - Renewable subindustry, Butwal Power Co'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.


Butwal Power Co's ROC (Joel Greenblatt) % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Butwal Power Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Butwal Power Co's ROC (Joel Greenblatt) % falls into.


;
;

Butwal Power Co 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: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(716.573 + 147.298 + 645.078) - (499.988 + 0 + 482.725)
=526.236

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(124.294 + 59.87 + 27.079) - (6.733 + 0 + 144.525)
=59.985

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Butwal Power Co for the quarter that ended in Oct. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=381.892/( ( (849.817 + max(526.236, 0)) + (629.669 + max(59.985, 0)) )/ 2 )
=381.892/( ( 1376.053 + 689.654 )/ 2 )
=381.892/1032.8535
=36.97 %

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


Butwal Power Co  (XNEP:BPCL) 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.


Butwal Power Co ROC (Joel Greenblatt) % Related Terms

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


Butwal Power Co Business Description

Traded in Other Exchanges
N/A
Address
Gangadevi Marga - 313, P.O. Box: 11728, Buddha Nagar, Kathmandu, NPL
Butwal Power Co Ltd is engaged in generation and distribution of electricity. The company is engaged in the development, operation, and maintenance of hydropower plants, engineering and design consultancy of hydropower and infrastructure projects, and manufacturing and repair of hydro-mechanical and electro-mechanical equipment for power plants through its subsidiary companies.

Butwal Power Co Headlines

No Headlines