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Retro Green Revolution (BOM:519191) ROC (Joel Greenblatt) % : 44.50% (As of Dec. 2023)


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What is Retro Green Revolution 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. Retro Green Revolution's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 44.50%.

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

BOM:519191' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.01   Med: 1.81   Max: 50.77
Current: 34.25

During the past 9 years, Retro Green Revolution's highest ROC (Joel Greenblatt) % was 50.77%. The lowest was -1.01%. And the median was 1.81%.

BOM:519191's ROC (Joel Greenblatt) % is ranked better than
74.27% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 14.78 vs BOM:519191: 34.25

Retro Green Revolution's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 97.70% per year.


Retro Green Revolution ROC (Joel Greenblatt) % Historical Data

The historical data trend for Retro Green Revolution'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.

Retro Green Revolution ROC (Joel Greenblatt) % Chart

Retro Green Revolution Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 1.81 0.64 50.77 32.03 28.73

Retro Green Revolution 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 29.33 26.23 31.63 33.55 44.50

Competitive Comparison of Retro Green Revolution's ROC (Joel Greenblatt) %

For the Farm & Heavy Construction Machinery subindustry, Retro Green Revolution'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.


Retro Green Revolution's ROC (Joel Greenblatt) % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Retro Green Revolution's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Retro Green Revolution's ROC (Joel Greenblatt) % falls into.



Retro Green Revolution 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)
=(5.142 + 0 + 0) - (0 + 0 + 0.392)
=4.75

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

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Retro Green Revolution 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 )
=6.644/( ( (10.179 + max(4.75, 0)) + (0 + max(0, 0)) )/ 1 )
=6.644/( ( 14.929 + 0 )/ 1 )
=6.644/14.929
=44.50 %

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.


Retro Green Revolution  (BOM:519191) 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.


Retro Green Revolution ROC (Joel Greenblatt) % Related Terms

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Retro Green Revolution (BOM:519191) Business Description

Traded in Other Exchanges
N/A
Address
Vasna Main Road, C/231, 2nd Floor, Siddharth Excellence, Opposite D-Mart, Vadodara, GJ, IND, 390015
Retro Green Revolution Ltd is providing agricultural solutions for both Urban and Rural segments. It is a provider of Green House, Net House, and Poly House gases. It offers a complete solution to the farming community and specializes in the agriculture field with the latest technology and farming method. Other services offered by the company include assist in soil (Mineral and Microbes) and water testing, greenhouse structure installation, greenhouse high-tech agriculture consultancy services, greenhouse production management, drip, and sprinkler irrigation systems, post-harvest infrastructure, technical inputs, training to manpower, and assistance In marketing and buyback arrangements.

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