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Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) ROC (Joel Greenblatt) % : 19.15% (As of Mar. 2024)


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What is Pt Vktr Teknologi Mobilitas Tbk 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. Pt Vktr Teknologi Mobilitas Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19.15%.

The historical rank and industry rank for Pt Vktr Teknologi Mobilitas Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

ISX:VKTR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -37.65   Med: 14.35   Max: 22.74
Current: 6.91

During the past 5 years, Pt Vktr Teknologi Mobilitas Tbk's highest ROC (Joel Greenblatt) % was 22.74%. The lowest was -37.65%. And the median was 14.35%.

ISX:VKTR's ROC (Joel Greenblatt) % is ranked worse than
66.28% of 1299 companies
in the Vehicles & Parts industry
Industry Median: 12.31 vs ISX:VKTR: 6.91

Pt Vktr Teknologi Mobilitas Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Pt Vktr Teknologi Mobilitas Tbk ROC (Joel Greenblatt) % Historical Data

The historical data trend for Pt Vktr Teknologi Mobilitas Tbk'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.

Pt Vktr Teknologi Mobilitas Tbk ROC (Joel Greenblatt) % Chart

Pt Vktr Teknologi Mobilitas Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- -37.65 16.36 22.74 12.33

Pt Vktr Teknologi Mobilitas Tbk Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.93 24.81 -11.01 0.89 19.15

Competitive Comparison of Pt Vktr Teknologi Mobilitas Tbk's ROC (Joel Greenblatt) %

For the Recreational Vehicles subindustry, Pt Vktr Teknologi Mobilitas Tbk'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.


Pt Vktr Teknologi Mobilitas Tbk's ROC (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pt Vktr Teknologi Mobilitas Tbk's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pt Vktr Teknologi Mobilitas Tbk's ROC (Joel Greenblatt) % falls into.



Pt Vktr Teknologi Mobilitas Tbk 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)
=(108743 + 142444 + 31043) - (137675 + 0 + 39742)
=104813

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73477 + 150620 + 192695) - (119031 + 0 + 38324)
=259437

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Pt Vktr Teknologi Mobilitas Tbk 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 )
=111768/( ( (398528 + max(104813, 0)) + (404699 + max(259437, 0)) )/ 2 )
=111768/( ( 503341 + 664136 )/ 2 )
=111768/583738.5
=19.15 %

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.


Pt Vktr Teknologi Mobilitas Tbk  (ISX:VKTR) 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.


Pt Vktr Teknologi Mobilitas Tbk ROC (Joel Greenblatt) % Related Terms

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Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Business Description

Traded in Other Exchanges
N/A
Address
Jl.H.R Rasuna Said, Bakrie Tower 35 floor, Rasuna Epicentrum, Jakarta, IDN, 12940
Pt Vktr Teknologi Mobilitas Tbk is engaged in wholesale trading of new cars and new motorcycles in the form of Battery-Based Electric Motorized Vehicles (KBLBB), spare parts components, car accessories, and the car body industry for four-wheeled or more motorized vehicles, battery-based electric motorized vehicles, two- and three-wheeled motorcycles and the iron and steel foundry industry, industry of spare parts and accessories for four-wheeled or more motorized vehicles through Subsidiaries.

Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Headlines

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