GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Globus Power Generation Ltd (BOM:526025) » Definitions » ROC (Joel Greenblatt) %

Globus Power Generation (BOM:526025) ROC (Joel Greenblatt) % : 0.00% (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Globus Power Generation 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. Globus Power Generation's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.00%.

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

BOM:526025' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -55921.31   Med: -965.53   Max: 19428.2
Current: 19428.2

During the past 11 years, Globus Power Generation's highest ROC (Joel Greenblatt) % was 19428.20%. The lowest was -55921.31%. And the median was -965.53%.

BOM:526025's ROC (Joel Greenblatt) % is ranked better than
99.54% of 432 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.635 vs BOM:526025: 19428.20

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


Globus Power Generation ROC (Joel Greenblatt) % Historical Data

The historical data trend for Globus Power Generation'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.

Globus Power Generation ROC (Joel Greenblatt) % Chart

Globus Power Generation Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,761.72 -55,921.31 -5,272.70 -35,773.56 19,400.29

Globus Power Generation Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -139,126.44 -2,165.52 -1,259.94 9,953.89 -

Competitive Comparison of Globus Power Generation's ROC (Joel Greenblatt) %

For the Utilities - Renewable subindustry, Globus Power Generation'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.


Globus Power Generation's ROC (Joel Greenblatt) % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Globus Power Generation's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Globus Power Generation's ROC (Joel Greenblatt) % falls into.



Globus Power Generation 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.003 + 0.18) - (0 + 0 + 0.868)
=-0.685

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Globus Power Generation for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=247.42/( ( (0 + max(0, 0)) + (0 + max(-0.685, 0)) )/ 1 )
=247.42/( ( 0 + 0 )/ 1 )
=247.42/0
= %

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


Globus Power Generation  (BOM:526025) 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.


Globus Power Generation ROC (Joel Greenblatt) % Related Terms

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


Globus Power Generation (BOM:526025) Business Description

Traded in Other Exchanges
N/A
Address
Naraina Industrial Area, A-60, Phase-I, New Delhi, UP, IND, 110028
Globus Power Generation Ltd is a company engaged in the business of making investments in the infrastructure sector particularly power generation business and acquisition of wind/biomass/solar power plants. It is also involved in investing in other securities, derivatives, mutual funds, and properties. It offers an alternative revelation to conventional sources, such as coal and gasoline. It is involved in the sale of biomass fuel in the line of activity of power generation.

Globus Power Generation (BOM:526025) Headlines

No Headlines