GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Imprimerie Chirat SA (XPAR:MLIMP) » Definitions » ROC (Joel Greenblatt) %

Imprimerie Chirat (XPAR:MLIMP) ROC (Joel Greenblatt) % : 12.30% (As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Imprimerie Chirat 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. Imprimerie Chirat's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 12.30%.

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

XPAR:MLIMP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.6   Med: 9.5   Max: 14.74
Current: 12.3

During the past 13 years, Imprimerie Chirat's highest ROC (Joel Greenblatt) % was 14.74%. The lowest was -3.60%. And the median was 9.50%.

XPAR:MLIMP's ROC (Joel Greenblatt) % is ranked better than
51.72% of 1048 companies
in the Media - Diversified industry
Industry Median: 10.295 vs XPAR:MLIMP: 12.30

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


Imprimerie Chirat ROC (Joel Greenblatt) % Historical Data

The historical data trend for Imprimerie Chirat'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.

Imprimerie Chirat ROC (Joel Greenblatt) % Chart

Imprimerie Chirat Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.45 -3.60 -3.48 12.96 12.30

Imprimerie Chirat Semi-Annual Data
Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
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 7.45 -3.60 -3.48 12.96 12.30

Competitive Comparison of Imprimerie Chirat's ROC (Joel Greenblatt) %

For the Publishing subindustry, Imprimerie Chirat'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.


Imprimerie Chirat's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Imprimerie Chirat's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Imprimerie Chirat 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.492 + 3.823 + 0.635) - (5.671 + 0 + 0.154)
=3.125

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.156 + 2.397 + 0.478) - (4.446 + 0 + 0.28)
=2.305

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Imprimerie Chirat for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.061/( ( (4.142 + max(3.125, 0)) + (7.677 + max(2.305, 0)) )/ 2 )
=1.061/( ( 7.267 + 9.982 )/ 2 )
=1.061/8.6245
=12.30 %

Note: The EBIT data used here is one times the annual (Sep. 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.


Imprimerie Chirat  (XPAR:MLIMP) 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.


Imprimerie Chirat ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Imprimerie Chirat's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Imprimerie Chirat (XPAR:MLIMP) Business Description

Traded in Other Exchanges
N/A
Address
744 rue de Sainte Colombe, Saint-Just-la-Pendue, FRA, 42540
Imprimerie Chirat SA specializes in printing and publishing of books, magazines, catalogs, and directories. It handles computer-assisted publication, laser burning, offset printing, folding, assembling and binding print materials, packaging and covering.

Imprimerie Chirat (XPAR:MLIMP) Headlines

No Headlines