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Buka Investments (JSE:BKI) ROC (Joel Greenblatt) % : 0.00% (As of Aug. 2023)


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What is Buka Investments 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. Buka Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 0.00%.

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

During the past 13 years, Buka Investments's highest ROC (Joel Greenblatt) % was 12.27%. The lowest was -104.59%. And the median was -10.26%.

JSE:BKI's ROC (Joel Greenblatt) % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 11.46
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Buka Investments ROC (Joel Greenblatt) % Historical Data

The historical data trend for Buka Investments'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.

Buka Investments ROC (Joel Greenblatt) % Chart

Buka Investments Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.69 0.38 - -7.32 -

Buka Investments Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - -14.73 - - -

Competitive Comparison of Buka Investments's ROC (Joel Greenblatt) %

For the Household & Personal Products subindustry, Buka Investments'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.


Buka Investments's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Buka Investments's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Buka Investments 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)
=(0 + 0 + 0.248) - (0.066 + 0 + 0.778)
=-0.596

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.458 + 0 + 0) - (0.812 + 0 + 0)
=-0.354

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Buka Investments for the quarter that ended in Aug. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2023  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.416/( ( (0 + max(-0.596, 0)) + (0 + max(-0.354, 0)) )/ 1 )
=-3.416/( ( 0 + 0 )/ 1 )
=-3.416/0
= %

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


Buka Investments  (JSE:BKI) 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.


Buka Investments ROC (Joel Greenblatt) % Related Terms

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Buka Investments (JSE:BKI) Business Description

Traded in Other Exchanges
N/A
Address
23 Saddle Drive, Woodmead Office Park, Woodmead, Johannesburg, GT, ZAF, 2191
Buka Investments Ltd is a beauty and wellness solutions group. The company's own skin care product brands are Placecol and Skinderm. The company has its own franchise salon footprint through the following franchise salon chains: Placecol Skin Care Clinics, Perfect 10, and Dream Nails Beauty Salons. The group's skincare brands are available to customers in its own salon footprint, large retail groups, pharmacies, various independent salon outlets, and on various online platforms.

Buka Investments (JSE:BKI) Headlines

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