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Webuy Global (Webuy Global) ROC (Joel Greenblatt) % : -75.37% (As of Dec. 2023)


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What is Webuy Global 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. Webuy Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -75.37%.

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

WBUY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1689   Med: -1354.01   Max: -200.88
Current: -200.88

During the past 3 years, Webuy Global's highest ROC (Joel Greenblatt) % was -200.88%. The lowest was -1689.00%. And the median was -1354.01%.

WBUY's ROC (Joel Greenblatt) % is ranked worse than
95.03% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 10.03 vs WBUY: -200.88

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


Webuy Global ROC (Joel Greenblatt) % Historical Data

The historical data trend for Webuy Global'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.

Webuy Global ROC (Joel Greenblatt) % Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-1,689.00 -1,354.01 -240.22

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
ROC (Joel Greenblatt) % - -1,694.61 -1,001.29 -389.47 -75.37

Competitive Comparison of Webuy Global's ROC (Joel Greenblatt) %

For the Internet Retail subindustry, Webuy Global'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.


Webuy Global's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Webuy Global's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Webuy Global 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)
=(3.269 + 0.363 + 1.879) - (9.647 + 2.528 + -1.7763568394003E-15)
=-6.664

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.113 + 0.77 + 4.705) - (13.761 + 5.294 + 0)
=-3.467

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Webuy Global 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 )
=-2.564/( ( (3.217 + max(-6.664, 0)) + (3.587 + max(-3.467, 0)) )/ 2 )
=-2.564/( ( 3.217 + 3.587 )/ 2 )
=-2.564/3.402
=-75.37 %

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.


Webuy Global  (NAS:WBUY) 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.


Webuy Global ROC (Joel Greenblatt) % Related Terms

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Webuy Global (Webuy Global) Business Description

Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.