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Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) ROC (Joel Greenblatt) % : 45.50% (As of Dec. 2022)


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What is Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS 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. Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 45.50%.

The historical rank and industry rank for Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's ROC (Joel Greenblatt) % or its related term are showing as below:

IST:MNDTR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -21.18   Med: 8.32   Max: 63.07
Current: 45.5

During the past 10 years, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's highest ROC (Joel Greenblatt) % was 63.07%. The lowest was -21.18%. And the median was 8.32%.

IST:MNDTR's ROC (Joel Greenblatt) % is ranked better than
96.38% of 387 companies
in the Packaging & Containers industry
Industry Median: 10.27 vs IST:MNDTR: 45.50

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 42.40% per year.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS ROC (Joel Greenblatt) % Historical Data

The historical data trend for Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS'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.

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS ROC (Joel Greenblatt) % Chart

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.93 14.31 7.71 63.07 45.50

Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec21 Dec22
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.93 14.31 7.71 63.07 45.50

Competitive Comparison of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's ROC (Joel Greenblatt) %

For the Packaging & Containers subindustry, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS'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.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's ROC (Joel Greenblatt) % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's ROC (Joel Greenblatt) % falls into.



Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS 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: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1972.342 + 853.195 + 71.964) - (1743.355 + 0 + 137.95)
=1016.196

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2307.966 + 1044.617 + 96.453) - (1646.596 + 0 + 135.316)
=1667.124

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS for the quarter that ended in Dec. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=943.512/( ( (561.926 + max(1016.196, 0)) + (902.2 + max(1667.124, 0)) )/ 2 )
=943.512/( ( 1578.122 + 2569.324 )/ 2 )
=943.512/2073.723
=45.50 %

Note: The EBIT data used here is one times the annual (Dec. 2022) 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.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS  (IST:MNDTR) 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.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mondi Turkey Oluklu Mukavva Kagit ve Ambalajnayi AS (IST:MNDTR) Business Description

Traded in Other Exchanges
N/A
Address
Yolu Uzeri No:28, Toki Mahallesi, Odemis, Tire, Izmir, TUR, 35900
Mondi Turkey Oluklu Mukavva Kagit ve Ambalaj Sanayi AS is engaged in the supply of paper and its packaging with operations across different countries. The company has experience in packaging design and print/materials choice.

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