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Brunel International NV (XAMS:BRNL) ROC (Joel Greenblatt) % : 27.46% (As of Sep. 2023)


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What is Brunel International NV 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. Brunel International NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 27.46%.

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

XAMS:BRNL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.01   Med: 33.7   Max: 68.26
Current: 14.01

During the past 13 years, Brunel International NV's highest ROC (Joel Greenblatt) % was 68.26%. The lowest was 14.01%. And the median was 33.70%.

XAMS:BRNL's ROC (Joel Greenblatt) % is ranked worse than
58.58% of 1067 companies
in the Business Services industry
Industry Median: 20.7 vs XAMS:BRNL: 14.01

Brunel International NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.40% per year.


Brunel International NV ROC (Joel Greenblatt) % Historical Data

The historical data trend for Brunel International NV'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.

Brunel International NV ROC (Joel Greenblatt) % Chart

Brunel International NV 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 14.45 22.06 39.35 33.21 28.90

Brunel International NV Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 32.57 5.76 - 27.46 21.21

Competitive Comparison of Brunel International NV's ROC (Joel Greenblatt) %

For the Staffing & Employment Services subindustry, Brunel International NV'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.


Brunel International NV's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Brunel International NV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Brunel International NV's ROC (Joel Greenblatt) % falls into.



Brunel International NV 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)
=(361.444 + 0 + 11.941) - (9.557 + 0 + 137.228)
=226.6

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

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Brunel International NV 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: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=76.4/( ( (51.592 + max(226.6, 0)) + (0 + max(0, 0)) )/ 1 )
=76.4/( ( 278.192 + 0 )/ 1 )
=76.4/278.192
=27.46 %

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


Brunel International NV  (XAMS:BRNL) 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.


Brunel International NV ROC (Joel Greenblatt) % Related Terms

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Brunel International NV (XAMS:BRNL) Business Description

Traded in Other Exchanges
Address
John M. Keynesplein 33, PO Box 9081, Amsterdam, NLD, 1066 EP
Brunel International NV is a Dutch staffer & staffing service provider in the flexible labour market. The company offers recruitment & recruitment services in the energy, engineering, automotive, finance, information technology, legal, & pharma industries. The majority segment by revenue, Energy, provides engineers, project management, & consultancy services to oil & gas companies. It operates geographically in the Netherlands, Germany, Switzerland, Australasia, Europe & Africa, the Middle East & India, Asia, & Taylor Hopkinson. The group's activity is around two areas. Consulting services: recruitment, communication & information systems, engineering, management & law consulting. Delegation of skilled personnel: mainly in the financial, legal, industrial, technology, & energy sectors.

Brunel International NV (XAMS:BRNL) Headlines

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