GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Big Shopping Centers Ltd (XTAE:BIG) » Definitions » ROC (Joel Greenblatt) %

Big Shopping Centers (XTAE:BIG) ROC (Joel Greenblatt) % : 2,832.86% (As of Jun. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Big Shopping Centers 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. Big Shopping Centers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 2,832.86%.

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

XTAE:BIG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 42.91   Med: 1552.11   Max: 2395.6
Current: 2395.6

During the past 13 years, Big Shopping Centers's highest ROC (Joel Greenblatt) % was 2395.60%. The lowest was 42.91%. And the median was 1552.11%.

XTAE:BIG's ROC (Joel Greenblatt) % is ranked better than
95.81% of 1790 companies
in the Real Estate industry
Industry Median: 9.62 vs XTAE:BIG: 2395.60

Big Shopping Centers's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 50.90% per year.


Big Shopping Centers ROC (Joel Greenblatt) % Historical Data

The historical data trend for Big Shopping Centers'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.

Big Shopping Centers ROC (Joel Greenblatt) % Chart

Big Shopping Centers 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 412.96 42.91 1,899.98 2,182.26 2,308.43

Big Shopping Centers Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2,341.35 2,559.02 2,636.19 1,575.25 2,832.86

Competitive Comparison of Big Shopping Centers's ROC (Joel Greenblatt) %

For the Real Estate Services subindustry, Big Shopping Centers'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.


Big Shopping Centers's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Big Shopping Centers's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Big Shopping Centers's ROC (Joel Greenblatt) % falls into.



Big Shopping Centers 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(124.917 + 431.174 + 165.673) - (1090.35 + 0 + 0)
=-368.586

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(134.181 + 426.611 + 174.286) - (1093.439 + 0 + 0)
=-358.361

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Big Shopping Centers for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2914.98/( ( (101.463 + max(-368.586, 0)) + (104.335 + max(-358.361, 0)) )/ 2 )
=2914.98/( ( 101.463 + 104.335 )/ 2 )
=2914.98/102.899
=2,832.86 %

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


Big Shopping Centers  (XTAE:BIG) 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.


Big Shopping Centers ROC (Joel Greenblatt) % Related Terms

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


Big Shopping Centers Business Description

Traded in Other Exchanges
N/A
Address
1 Sapir Street, 8th Floor, AMPA Building Industrial Zone, Herzliya Pituach, ISR, 46120
Big Shopping Centers Ltd operates and manages shopping centers and malls in Israel. These shopping centers provide customers shopping experience with a range of local and international brands and also free parking spaces, easy access, and strategic attraction point. The company owns and manages shopping centers in US and Serbia. It will launch online brand mall in Israel under the name BIG+.

Big Shopping Centers Headlines

No Headlines