GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Net Visi Media Tbk (ISX:NETV) » Definitions » ROC (Joel Greenblatt) %

PT Net Visi Media Tbk (ISX:NETV) ROC (Joel Greenblatt) % : -397.88% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is PT Net Visi Media Tbk 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. PT Net Visi Media Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -397.88%.

The historical rank and industry rank for PT Net Visi Media Tbk's ROC (Joel Greenblatt) % or its related term are showing as below:

ISX:NETV' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -109.25   Med: -9.45   Max: 2.48
Current: -94.6

During the past 6 years, PT Net Visi Media Tbk's highest ROC (Joel Greenblatt) % was 2.48%. The lowest was -109.25%. And the median was -9.45%.

ISX:NETV's ROC (Joel Greenblatt) % is ranked worse than
81.82% of 1045 companies
in the Media - Diversified industry
Industry Median: 10.5 vs ISX:NETV: -94.60

PT Net Visi Media Tbk's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


PT Net Visi Media Tbk ROC (Joel Greenblatt) % Historical Data

The historical data trend for PT Net Visi Media Tbk'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.

PT Net Visi Media Tbk ROC (Joel Greenblatt) % Chart

PT Net Visi Media Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -11.38 -30.17 -7.51 -6.36 -109.25

PT Net Visi Media Tbk Quarterly Data
Dec18 Dec19 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 11.32 -27.40 -40.80 -34.13 -397.88

Competitive Comparison of PT Net Visi Media Tbk's ROC (Joel Greenblatt) %

For the Broadcasting subindustry, PT Net Visi Media Tbk'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.


PT Net Visi Media Tbk's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where PT Net Visi Media Tbk's ROC (Joel Greenblatt) % falls into.



PT Net Visi Media Tbk 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)
=(141068.064 + 774312.823 + 69541.324) - (612145.967 + 0 + 54796.863)
=317979.381

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(121173.885 + 524580.069 + 28065.35) - (702257.473 + 0 + 50305.415)
=-78743.584

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PT Net Visi Media Tbk 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 )
=-1497110.024/( ( (222692.492 + max(317979.381, 0)) + (211866.081 + max(-78743.584, 0)) )/ 2 )
=-1497110.024/( ( 540671.873 + 211866.081 )/ 2 )
=-1497110.024/376268.977
=-397.88 %

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.


PT Net Visi Media Tbk  (ISX:NETV) 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.


PT Net Visi Media Tbk ROC (Joel Greenblatt) % Related Terms

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


PT Net Visi Media Tbk (ISX:NETV) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Gatot Subroto Kav. 21, Graha Mitra Lt. 4, RT 003 RW 002, Karet Semanggi, Setiabudi, Jakarta, IDN, 12930
PT Net Visi Media Tbk is a media company. It is engaged in Artist Management, Television Broadcasting, Content Production, and Digital Media. The company has only one main business segment, namely Media.

PT Net Visi Media Tbk (ISX:NETV) Headlines

No Headlines