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Intelligent Group (Intelligent Group) ROC (Joel Greenblatt) % : 128.43% (As of Nov. 2023)


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What is Intelligent Group 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. Intelligent Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was 128.43%.

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

INTJ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 230.46   Med: 563.9   Max: 626.93
Current: 386.72

During the past 4 years, Intelligent Group's highest ROC (Joel Greenblatt) % was 626.93%. The lowest was 230.46%. And the median was 563.90%.

INTJ's ROC (Joel Greenblatt) % is ranked better than
93.81% of 1066 companies
in the Business Services industry
Industry Median: 21.1 vs INTJ: 386.72

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


Intelligent Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Intelligent Group'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.

Intelligent Group ROC (Joel Greenblatt) % Chart

Intelligent Group Annual Data
Trend Nov20 Nov21 Nov22 Nov23
ROC (Joel Greenblatt) %
566.87 626.93 230.46 560.93

Intelligent Group Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 762.94 163.03 311.38 605.79 128.43

Competitive Comparison of Intelligent Group's ROC (Joel Greenblatt) %

For the Consulting Services subindustry, Intelligent Group'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.


Intelligent Group's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Intelligent Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Intelligent Group 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: May. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.604 + 0 + 0.034) - (0.501 + 0.078 + 0.001)
=0.058

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.694 + 0 + 0.011) - (1.461 + 0.195 + -0.0010000000000001)
=-0.95

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Intelligent Group for the quarter that ended in Nov. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.262/( ( (0.194 + max(0.058, 0)) + (0.156 + max(-0.95, 0)) )/ 2 )
=0.262/( ( 0.252 + 0.156 )/ 2 )
=0.262/0.204
=128.43 %

Note: The EBIT data used here is two times the semi-annual (Nov. 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.


Intelligent Group  (NAS:INTJ) 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.


Intelligent Group ROC (Joel Greenblatt) % Related Terms

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Intelligent Group (Intelligent Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Unit 2803, Level 28, Tower 1, Admiralty Centre, Admiralty, Hong Kong, HKG
Intelligent Group Ltd is a professional services provider in Hong Kong that principally engages in the provision of Financial PR services. The company provides a substantial number of holistic and comprehensive Financial PR services to its clients through IJL, its key operating entity in Hong Kong. It advises its clients on their communications and reputation management efforts. Its Financial PR services include creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.

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