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Gamuda Bhd (XKLS:5398) ROC (Joel Greenblatt) % : 27.90% (As of Jan. 2024)


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What is Gamuda 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. Gamuda Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 27.90%.

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

XKLS:5398' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.3   Med: 26.84   Max: 41.64
Current: 41.64

During the past 13 years, Gamuda Bhd's highest ROC (Joel Greenblatt) % was 41.64%. The lowest was 18.30%. And the median was 26.84%.

XKLS:5398's ROC (Joel Greenblatt) % is ranked better than
72.37% of 1665 companies
in the Construction industry
Industry Median: 18.07 vs XKLS:5398: 41.64

Gamuda Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.20% per year.


Gamuda Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Gamuda 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.

Gamuda Bhd ROC (Joel Greenblatt) % Chart

Gamuda Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.93 21.87 18.30 22.87 29.84

Gamuda Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 52.82 87.09 50.73 27.56 27.90

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

For the Engineering & Construction subindustry, Gamuda 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.


Gamuda Bhd's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gamuda Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Gamuda 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2491.68 + 4596.408 + 21.652999999998) - (3431.938 + 0 + 1593.574)
=2084.229

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1598.115 + 5120.689 + 30.039000000001) - (3402.635 + 0 + 1567.714)
=1778.494

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1059.4/( ( (1839.465 + max(2084.229, 0)) + (1892.907 + max(1778.494, 0)) )/ 2 )
=1059.4/( ( 3923.694 + 3671.401 )/ 2 )
=1059.4/3797.5475
=27.90 %

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


Gamuda Bhd  (XKLS:5398) 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.


Gamuda Bhd ROC (Joel Greenblatt) % Related Terms

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Gamuda Bhd (XKLS:5398) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan PJU8/8A, Menara Gamuda, D-16-01, Block D, PJ Trade Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
Gamuda Bhdis one of Malaysia's firms in infrastructure and property development. It helps construct highways, plants, ports, and other industrial developments throughout select regions, and the company also develops residential and commercial communities. The company has three core business divisions: engineering and construction, property development, and water and expressway concessions. The engineering and construction segment generates more than half of the total revenue. Concessions granted to Gamuda from government authorities pertain to operating highways and water management. Gamuda operates highway tolls and works to minimize traffic congestion. As a water provider, it uses a multistep process to supply fresh clean water.

Gamuda Bhd (XKLS:5398) Headlines

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