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QTCG PCL (BKK:QTCG) ROC (Joel Greenblatt) % : 0.00% (As of Dec. 2022)


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What is QTCG PCL 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. QTCG PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 0.00%.

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

During the past 2 years, QTCG PCL's highest ROC (Joel Greenblatt) % was 404.30%. The lowest was 107.14%. And the median was 255.72%.

BKK:QTCG's ROC (Joel Greenblatt) % is not ranked *
in the Construction industry.
Industry Median: 18.075
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


QTCG PCL ROC (Joel Greenblatt) % Historical Data

The historical data trend for QTCG PCL'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.

QTCG PCL ROC (Joel Greenblatt) % Chart

QTCG PCL Annual Data
Trend Dec22 Dec23
ROC (Joel Greenblatt) %
404.30 107.14

QTCG PCL Quarterly Data
Dec22 Dec23
ROC (Joel Greenblatt) % - -

Competitive Comparison of QTCG PCL's ROC (Joel Greenblatt) %

For the Engineering & Construction subindustry, QTCG PCL'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.


QTCG PCL's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, QTCG PCL's ROC (Joel Greenblatt) % distribution charts can be found below:

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



QTCG PCL 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: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of QTCG PCL for the quarter that ended in Dec. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: . 20  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=/( ( ( + max(, 0)) + ( + max(, 0)) )/ )
=/( ( + )/ )
=/
= %

Note: The EBIT data used here is four times the quarterly (Dec. 2022) 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.


QTCG PCL  (BKK:QTCG) 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.


QTCG PCL ROC (Joel Greenblatt) % Related Terms

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QTCG PCL (BKK:QTCG) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 42 Soi Ramkhamhaeng 187, Intersection 2, Minburi Subdistrict, Minburi District, Bangkok, THA, 10510
QTCG PCL is engaged in contracting and installation services for systems engineering. Its services consists of electrical communication systems, air conditioning and ventilation systems. Sanitary system and conducts business related to asset management from purchasing or receiving transfer of debtors from financial institutions, including primary insurance of debtors. The company as two segments Construction segment and asset management segment. Key revenue is generated from Construction segment.

QTCG PCL (BKK:QTCG) Headlines

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