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Lexibook Linguistic Electronic System (XPAR:ALLEX) ROC (Joel Greenblatt) % : 33.70% (As of Sep. 2023)


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What is Lexibook Linguistic Electronic System 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. Lexibook Linguistic Electronic System's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 33.70%.

The historical rank and industry rank for Lexibook Linguistic Electronic System's ROC (Joel Greenblatt) % or its related term are showing as below:

XPAR:ALLEX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.28   Med: 3.46   Max: 39.67
Current: 25.36

During the past 13 years, Lexibook Linguistic Electronic System's highest ROC (Joel Greenblatt) % was 39.67%. The lowest was -26.28%. And the median was 3.46%.

XPAR:ALLEX's ROC (Joel Greenblatt) % is ranked better than
70.42% of 825 companies
in the Travel & Leisure industry
Industry Median: 9.29 vs XPAR:ALLEX: 25.36

Lexibook Linguistic Electronic System's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Lexibook Linguistic Electronic System ROC (Joel Greenblatt) % Historical Data

The historical data trend for Lexibook Linguistic Electronic System'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.

Lexibook Linguistic Electronic System ROC (Joel Greenblatt) % Chart

Lexibook Linguistic Electronic System Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.43 3.92 28.01 39.67 24.14

Lexibook Linguistic Electronic System Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 32.36 29.38 14.02 21.19 33.70

Competitive Comparison of Lexibook Linguistic Electronic System's ROC (Joel Greenblatt) %

For the Leisure subindustry, Lexibook Linguistic Electronic System'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.


Lexibook Linguistic Electronic System's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lexibook Linguistic Electronic System's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Lexibook Linguistic Electronic System's ROC (Joel Greenblatt) % falls into.



Lexibook Linguistic Electronic System 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: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.12 + 15.478 + 3.777) - (5.668 + 0 + 3.054)
=15.653

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.79 + 20.254 + 5.649) - (9.675 + 0 + 3.03)
=26.988

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lexibook Linguistic Electronic System for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.462/( ( (0.704 + max(15.653, 0)) + (0.942 + max(26.988, 0)) )/ 2 )
=7.462/( ( 16.357 + 27.93 )/ 2 )
=7.462/22.1435
=33.70 %

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) 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.


Lexibook Linguistic Electronic System  (XPAR:ALLEX) 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.


Lexibook Linguistic Electronic System ROC (Joel Greenblatt) % Related Terms

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Lexibook Linguistic Electronic System (XPAR:ALLEX) Business Description

Traded in Other Exchanges
Address
2 Avenue de Scandinavie, Courtaboeuf Cedex, Les Ulis, FRA, 91953
Lexibook Linguistic Electronic System SA is a France based company engaged in producing and selling leisure electronic products and toys. It sells its products under its own name and through licenses. The company's products include educational tablets, toys, laptops, alarm clocks, calculators, educational games, interactive games, audio and visual products, translators, and other products. It sells the products in France and also exports internationally. The group sells Electronics, Toys, and Other products of which majority of the revenue is generated from the sale of electronic products.

Lexibook Linguistic Electronic System (XPAR:ALLEX) Headlines

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