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Om Holdings International (Om Holdings International) ROC (Joel Greenblatt) % : 4.70% (As of May. 2023)


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What is Om Holdings International 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. Om Holdings International's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2023 was 4.70%.

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

OMHI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.44   Med: 6.83   Max: 7.6
Current: 5.44

During the past 10 years, Om Holdings International's highest ROC (Joel Greenblatt) % was 7.60%. The lowest was 5.44%. And the median was 6.83%.

OMHI's ROC (Joel Greenblatt) % is not ranked
in the Retail - Defensive industry.
Industry Median: 13.95 vs OMHI: 5.44

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


Om Holdings International ROC (Joel Greenblatt) % Historical Data

The historical data trend for Om Holdings International'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.

Om Holdings International ROC (Joel Greenblatt) % Chart

Om Holdings International Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 Aug21 Aug22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 6.06 7.60

Om Holdings International Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 May13 May14 May15 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 9.28 8.85 3.39 4.89 4.70

Competitive Comparison of Om Holdings International's ROC (Joel Greenblatt) %

For the Grocery Stores subindustry, Om Holdings International'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.


Om Holdings International's ROC (Joel Greenblatt) % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Om Holdings International's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Om Holdings International's ROC (Joel Greenblatt) % falls into.



Om Holdings International 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: Feb. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.877 + 4.352 + 3.542) - (4.278 + 0 + -0.00099999999999856)
=7.494

Working Capital(Q: May. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.088 + 3.494 + 2.696) - (3.784 + 0 + 0)
=6.494

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Om Holdings International for the quarter that ended in May. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2023  Q: May. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.916/( ( (33.568 + max(7.494, 0)) + (33.921 + max(6.494, 0)) )/ 2 )
=1.916/( ( 41.062 + 40.415 )/ 2 )
=1.916/40.7385
=4.70 %

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


Om Holdings International  (OTCPK:OMHI) 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.


Om Holdings International ROC (Joel Greenblatt) % Related Terms

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Om Holdings International (Om Holdings International) Business Description

Traded in Other Exchanges
N/A
Address
1221 Brickell Ave, Suite 900, Miami, FL, USA, 33131
Om Holdings International Inc is involved in wholesaling and retailing foods and household merchandise. The company also provides Information technology Services and also is in the business of building material supply.
Executives
Paul Luna Belfiore director, 10 percent owner, officer: President,Secretary,Treasurer CALLE VUEN RETIRO 155, DPTO 404, CHACARILLA DEL ESTANQUE, SAN BORJA, LIMA R5 41

Om Holdings International (Om Holdings International) Headlines

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