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Bonei Hatichon Civil Engineering & Infrastructures (XTAE:BOTI) ROC (Joel Greenblatt) % : 7.01% (As of Jun. 2023)


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What is Bonei Hatichon Civil Engineering & Infrastructures 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. Bonei Hatichon Civil Engineering & Infrastructures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 7.01%.

The historical rank and industry rank for Bonei Hatichon Civil Engineering & Infrastructures's ROC (Joel Greenblatt) % or its related term are showing as below:

XTAE:BOTI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.9   Med: 4.33   Max: 28.8
Current: 4.45

During the past 6 years, Bonei Hatichon Civil Engineering & Infrastructures's highest ROC (Joel Greenblatt) % was 28.80%. The lowest was 0.90%. And the median was 4.33%.

XTAE:BOTI's ROC (Joel Greenblatt) % is ranked worse than
62.14% of 1783 companies
in the Real Estate industry
Industry Median: 10.17 vs XTAE:BOTI: 4.45

Bonei Hatichon Civil Engineering & Infrastructures's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Bonei Hatichon Civil Engineering & Infrastructures ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bonei Hatichon Civil Engineering & Infrastructures'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.

Bonei Hatichon Civil Engineering & Infrastructures ROC (Joel Greenblatt) % Chart

Bonei Hatichon Civil Engineering & Infrastructures Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 2.02 0.90 4.33 25.65 28.80

Bonei Hatichon Civil Engineering & Infrastructures Quarterly Data
Dec16 Dec17 Dec18 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.68 - - 10.80 7.01

Competitive Comparison of Bonei Hatichon Civil Engineering & Infrastructures's ROC (Joel Greenblatt) %

For the Real Estate Services subindustry, Bonei Hatichon Civil Engineering & Infrastructures'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.


Bonei Hatichon Civil Engineering & Infrastructures's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bonei Hatichon Civil Engineering & Infrastructures's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bonei Hatichon Civil Engineering & Infrastructures's ROC (Joel Greenblatt) % falls into.



Bonei Hatichon Civil Engineering & Infrastructures 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)
=(10.42 + 656.266 + 127.886) - (106.232 + 0 + 305.88)
=382.46

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.549 + 662.185 + 83.459) - (84.424 + 0 + 276.156)
=397.613

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bonei Hatichon Civil Engineering & Infrastructures for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=28.856/( ( (22.156 + max(382.46, 0)) + (20.789 + max(397.613, 0)) )/ 2 )
=28.856/( ( 404.616 + 418.402 )/ 2 )
=28.856/411.509
=7.01 %

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


Bonei Hatichon Civil Engineering & Infrastructures  (XTAE:BOTI) 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.


Bonei Hatichon Civil Engineering & Infrastructures ROC (Joel Greenblatt) % Related Terms

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Bonei Hatichon Civil Engineering & Infrastructures (XTAE:BOTI) Business Description

Traded in Other Exchanges
N/A
Address
Boney Hatihon 26 HaRokmim Street, Building B, Floor 5, PO Box 613, Holon, ISR, 8122504
Bonei Hatichon Civil Engineering & Infrastructures Ltd. provides construction and real estate services. It is engaged in initiating, developing, marketing and managing residential, luxury and commercial development.

Bonei Hatichon Civil Engineering & Infrastructures (XTAE:BOTI) Headlines

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