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XOX Networks Bhd (XKLS:0140) ROC (Joel Greenblatt) % : -28.42% (As of Dec. 2023)


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What is XOX Networks Bhd 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. XOX Networks Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -28.42%.

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

XKLS:0140' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -77.54   Med: -39.8   Max: 14.64
Current: -53.18

During the past 13 years, XOX Networks Bhd's highest ROC (Joel Greenblatt) % was 14.64%. The lowest was -77.54%. And the median was -39.80%.

XKLS:0140's ROC (Joel Greenblatt) % is ranked worse than
89.39% of 2478 companies
in the Hardware industry
Industry Median: 10.37 vs XKLS:0140: -53.18

XOX Networks Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.40% per year.


XOX Networks Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for XOX Networks Bhd'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.

XOX Networks Bhd ROC (Joel Greenblatt) % Chart

XOX Networks Bhd Annual Data
Trend Nov11 Nov12 Nov13 Mar16 Mar17 Jun19 Jun20 Jun21 Jun22 Jun23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.60 -51.39 -47.81 -31.97 -51.86

XOX Networks Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -86.64 -73.53 -95.03 -3.70 -28.42

Competitive Comparison of XOX Networks Bhd's ROC (Joel Greenblatt) %

For the Electronics & Computer Distribution subindustry, XOX Networks Bhd'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.


XOX Networks Bhd's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, XOX Networks Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where XOX Networks Bhd's ROC (Joel Greenblatt) % falls into.



XOX Networks Bhd 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.886 + 0 + 0.7) - (8.867 + 0 + 3.421)
=8.298

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.228 + 0 + 0.793) - (9.818 + 0 + 3.604)
=15.599

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of XOX Networks Bhd 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.928/( ( (5.617 + max(8.298, 0)) + (5.167 + max(15.599, 0)) )/ 2 )
=-4.928/( ( 13.915 + 20.766 )/ 2 )
=-4.928/17.3405
=-28.42 %

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


XOX Networks Bhd  (XKLS:0140) 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.


XOX Networks Bhd ROC (Joel Greenblatt) % Related Terms

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XOX Networks Bhd (XKLS:0140) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
XOX Networks Bhd is an investment holding company. The business activities of the group are carried out through various segments namely Information, communication and technology (ICT), Event Management and Financial Solutions. The company derives a majority of revenue from the Event Management segment. The Event Management segment involves Event and artist management; Digital and media management, Selling of tickets and stage and event contractions. Geographically, it derives a majority of its revenue from Malaysia.

XOX Networks Bhd (XKLS:0140) Headlines

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