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Gagasan Nadi Cergas Bhd (XKLS:0206) ROC (Joel Greenblatt) % : 119.33% (As of Dec. 2023)


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What is Gagasan Nadi Cergas 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. Gagasan Nadi Cergas Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 119.33%.

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

XKLS:0206' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 38.17   Med: 103   Max: 289.5
Current: 85.78

During the past 10 years, Gagasan Nadi Cergas Bhd's highest ROC (Joel Greenblatt) % was 289.50%. The lowest was 38.17%. And the median was 103.00%.

XKLS:0206's ROC (Joel Greenblatt) % is ranked better than
79.78% of 1780 companies
in the Real Estate industry
Industry Median: 10.135 vs XKLS:0206: 85.78

Gagasan Nadi Cergas Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.00% per year.


Gagasan Nadi Cergas Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Gagasan Nadi Cergas 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.

Gagasan Nadi Cergas Bhd ROC (Joel Greenblatt) % Chart

Gagasan Nadi Cergas Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.67 53.01 48.60 38.17 69.19

Gagasan Nadi Cergas 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 3.18 60.86 115.95 86.64 119.33

Competitive Comparison of Gagasan Nadi Cergas Bhd's ROC (Joel Greenblatt) %

For the Real Estate - Development subindustry, Gagasan Nadi Cergas 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.


Gagasan Nadi Cergas Bhd's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gagasan Nadi Cergas Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gagasan Nadi Cergas Bhd's ROC (Joel Greenblatt) % falls into.



Gagasan Nadi Cergas 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)
=(94.445 + 55.498 + 7.534) - (109.828 + 0 + 57.013)
=-9.364

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(104.096 + 28.893 + 24.192) - (96.7 + 0 + 64.492)
=-4.011

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gagasan Nadi Cergas 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 )
=35.82/( ( (30.08 + max(-9.364, 0)) + (29.954 + max(-4.011, 0)) )/ 2 )
=35.82/( ( 30.08 + 29.954 )/ 2 )
=35.82/30.017
=119.33 %

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.


Gagasan Nadi Cergas Bhd  (XKLS:0206) 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.


Gagasan Nadi Cergas Bhd ROC (Joel Greenblatt) % Related Terms

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Gagasan Nadi Cergas Bhd (XKLS:0206) Business Description

Traded in Other Exchanges
N/A
Address
F-1 No. 8 Suria, 33, Jalan PJU 1/42, Petaling Jaya, SGR, MYS, 47301
Gagasan Nadi Cergas Bhd is engaged in the construction of non-residential and residential buildings. Its segments include the Construction segment; Concession and facility management segment; Utility segment; Property development segment; and Other segment. The majority of the firm's revenue comes from the Construction segment. The Construction segment is involved in the provision of conceptual design and advisory, design development, liaison with relevant authorities for approvals, and the provision of complete services including design, coordination and obtaining authorities approvals and underwriting complete cost and financing. Geographically, the Group operates in Malaysia.

Gagasan Nadi Cergas Bhd (XKLS:0206) Headlines

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