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Domain Holdings Australia (Domain Holdings Australia) ROC (Joel Greenblatt) % : 418.60% (As of Dec. 2023)


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What is Domain Holdings Australia 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. Domain Holdings Australia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 418.60%.

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

DHGAF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -647.02   Med: 91.23   Max: 340.83
Current: 340.83

During the past 6 years, Domain Holdings Australia's highest ROC (Joel Greenblatt) % was 340.83%. The lowest was -647.02%. And the median was 91.23%.

DHGAF's ROC (Joel Greenblatt) % is ranked better than
85.89% of 574 companies
in the Interactive Media industry
Industry Median: -0.245 vs DHGAF: 340.83

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


Domain Holdings Australia ROC (Joel Greenblatt) % Historical Data

The historical data trend for Domain Holdings Australia'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.

Domain Holdings Australia ROC (Joel Greenblatt) % Chart

Domain Holdings Australia Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -535.30 -646.01 131.91 178.29 225.33

Domain Holdings Australia Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 195.20 229.65 203.59 263.80 418.60

Competitive Comparison of Domain Holdings Australia's ROC (Joel Greenblatt) %

For the Internet Content & Information subindustry, Domain Holdings Australia'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.


Domain Holdings Australia's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Domain Holdings Australia's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Domain Holdings Australia's ROC (Joel Greenblatt) % falls into.



Domain Holdings Australia 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)
=(27.594 + 0 + 6.089) - (24.559 + 0 + 7.729)
=1.395

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.414 + 0 + 0.00099999999999056) - (27.695 + 0.082 + 4.686)
=0.95199999999999

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Domain Holdings Australia for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=62.606/( ( (15.097 + max(1.395, 0)) + (12.468 + max(0.95199999999999, 0)) )/ 2 )
=62.606/( ( 16.492 + 13.42 )/ 2 )
=62.606/14.956
=418.60 %

Note: The EBIT data used here is two times the semi-annual (Dec. 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.


Domain Holdings Australia  (OTCPK:DHGAF) 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.


Domain Holdings Australia ROC (Joel Greenblatt) % Related Terms

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Domain Holdings Australia (Domain Holdings Australia) Business Description

Traded in Other Exchanges
Address
100 Harris Street, Level 5, Pyrmont, Sydney, NSW, AUS, 2009
Domain is a technology company operating in the Australian real estate sector. Domain's primary business is a digital listings platform for residential real estate, www.domain.com.au, which is the second-largest residential real estate listings platform in Australia, after www.realestate.com.au, which is owned by REA Group. Domain is majority-owned by media company Nine Entertainment, while REA is majority-owned by rival media company News Corp. Domain's other businesses include a digital listings platform for commercial real estate, solutions for developers and agents, and print advertising.

Domain Holdings Australia (Domain Holdings Australia) Headlines