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Bollore SE (XPAR:BOL) ROC (Joel Greenblatt) % : 32.70% (As of Dec. 2023)


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What is Bollore SE 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. Bollore SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 32.70%.

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

XPAR:BOL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.72   Med: 40.13   Max: 55.79
Current: 31.36

During the past 13 years, Bollore SE's highest ROC (Joel Greenblatt) % was 55.79%. The lowest was -14.72%. And the median was 40.13%.

XPAR:BOL's ROC (Joel Greenblatt) % is ranked better than
65.99% of 1041 companies
in the Media - Diversified industry
Industry Median: 10.3 vs XPAR:BOL: 31.36

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


Bollore SE ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bollore SE'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.

Bollore SE ROC (Joel Greenblatt) % Chart

Bollore SE 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 38.16 19.56 -1.11 -14.72 28.60

Bollore SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -30.36 44.85 -81.48 33.23 32.70

Competitive Comparison of Bollore SE's ROC (Joel Greenblatt) %

For the Entertainment subindustry, Bollore SE'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.


Bollore SE's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bollore SE's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bollore SE's ROC (Joel Greenblatt) % falls into.



Bollore SE 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5306.9 + 550.4 + 3981.5) - (7410.9 + 0 + 2659.1)
=-231.2

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4979.2 + 1308.3 + 3667.8) - (10954 + 0 + 3183.6)
=-4182.3

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bollore SE for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=862.4/( ( (2110.4 + max(-231.2, 0)) + (3163.5 + max(-4182.3, 0)) )/ 2 )
=862.4/( ( 2110.4 + 3163.5 )/ 2 )
=862.4/2636.95
=32.70 %

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


Bollore SE  (XPAR:BOL) 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.


Bollore SE ROC (Joel Greenblatt) % Related Terms

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Bollore SE (XPAR:BOL) Business Description

Traded in Other Exchanges
Address
31-32, quai de Dion-Bouton, Puteaux Cedex, Paris, FRA, 92811
Bollore SE is an infrastructure company domiciled in France. The company organizes itself into four segments: transportation and logistics, oil logistics, communication, and Electricity storage and systems. The transportation and logistics segment offers freight forwarding and logistics services. The oil logistics segment distributes oil and fuel. The communication segment provides advertising, cinema, and telecommunications services. The electricity storage and systems segment is engaged in the production and sale of electric batteries and their applications. The firm generates most of the revenue from the communications segment.

Bollore SE (XPAR:BOL) Headlines

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