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Sarawak Cable Bhd (XKLS:5170) ROC (Joel Greenblatt) % : -21.70% (As of Feb. 2024)


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What is Sarawak Cable 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. Sarawak Cable Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -21.70%.

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

XKLS:5170' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.49   Med: 2.74   Max: 12.53
Current: -23.49

During the past 13 years, Sarawak Cable Bhd's highest ROC (Joel Greenblatt) % was 12.53%. The lowest was -23.49%. And the median was 2.74%.

XKLS:5170's ROC (Joel Greenblatt) % is ranked worse than
89.1% of 3010 companies
in the Industrial Products industry
Industry Median: 13.5 vs XKLS:5170: -23.49

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


Sarawak Cable Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Sarawak Cable 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.

Sarawak Cable Bhd ROC (Joel Greenblatt) % Chart

Sarawak Cable Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 May23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 -0.25 -8.86 -1.02 -10.47

Sarawak Cable Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -12.98 -26.13 -9.29 -36.93 -21.70

Competitive Comparison of Sarawak Cable Bhd's ROC (Joel Greenblatt) %

For the Electrical Equipment & Parts subindustry, Sarawak Cable 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.


Sarawak Cable Bhd's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sarawak Cable Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Sarawak Cable 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: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(85.141 + 59.761 + 47.022) - (69.635 + 0 + 32.421)
=89.868

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76.671 + 57.404 + 10.99) - (68.232 + 0 + 11.986)
=64.847

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sarawak Cable Bhd for the quarter that ended in Feb. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-59.412/( ( (198.103 + max(89.868, 0)) + (194.802 + max(64.847, 0)) )/ 2 )
=-59.412/( ( 287.971 + 259.649 )/ 2 )
=-59.412/273.81
=-21.70 %

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


Sarawak Cable Bhd  (XKLS:5170) 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.


Sarawak Cable Bhd ROC (Joel Greenblatt) % Related Terms

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Sarawak Cable Bhd (XKLS:5170) Business Description

Traded in Other Exchanges
N/A
Address
Lot 767, Block 8, Jalan Bako, Muara Tebas Land District, Demak Laut Industrial Estate Phase III, Kuching, SWK, MYS, 93050
Sarawak Cable Bhd is a Malaysian based company. Together with its subsidiaries, the company manufactures cables and wires. It operates in four segments The Sale of power cables and conductors segment supplies power cables and conductors components, Sale of galvanized steel products, and steel structures segment supplies galvanized steel products and steel structures and galvanizing services. The transmission lines construction segment involves supply, installation, and commissioning of transmission line projects. And the corporate segment is involved in Group-level corporate and management services. The Sale of power cables and conductors segment is the key revenue generator for the group.

Sarawak Cable Bhd (XKLS:5170) Headlines

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