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Procter & Gamble Hygiene and Health Care (NSE:PGHH) ROC (Joel Greenblatt) % : 570.39% (As of Mar. 2024)


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What is Procter & Gamble Hygiene and Health Care 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. Procter & Gamble Hygiene and Health Care's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 570.39%.

The historical rank and industry rank for Procter & Gamble Hygiene and Health Care's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:PGHH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 147.68   Med: 218.28   Max: 560.65
Current: 560.65

During the past 13 years, Procter & Gamble Hygiene and Health Care's highest ROC (Joel Greenblatt) % was 560.65%. The lowest was 147.68%. And the median was 218.28%.

NSE:PGHH's ROC (Joel Greenblatt) % is ranked better than
99.47% of 1885 companies
in the Consumer Packaged Goods industry
Industry Median: 11.31 vs NSE:PGHH: 560.65

Procter & Gamble Hygiene and Health Care's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 17.60% per year.


Procter & Gamble Hygiene and Health Care ROC (Joel Greenblatt) % Historical Data

The historical data trend for Procter & Gamble Hygiene and Health Care'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.

Procter & Gamble Hygiene and Health Care ROC (Joel Greenblatt) % Chart

Procter & Gamble Hygiene and Health Care Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 235.53 250.87 388.56 373.62 425.04

Procter & Gamble Hygiene and Health Care Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 303.70 434.81 594.11 692.09 570.39

Competitive Comparison of Procter & Gamble Hygiene and Health Care's ROC (Joel Greenblatt) %

For the Household & Personal Products subindustry, Procter & Gamble Hygiene and Health Care'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.


Procter & Gamble Hygiene and Health Care's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Hygiene and Health Care's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Hygiene and Health Care's ROC (Joel Greenblatt) % falls into.



Procter & Gamble Hygiene and Health Care 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2971 + 1854.5 + 416.3) - (9780 + 0 + 840.4)
=-5378.6

Working Capital(Q: Mar. 2024 )
=(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 Procter & Gamble Hygiene and Health Care for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10254.4/( ( (1797.8 + max(-5378.6, 0)) + (0 + max(0, 0)) )/ 1 )
=10254.4/( ( 1797.8 + 0 )/ 1 )
=10254.4/1797.8
=570.39 %

Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.


Procter & Gamble Hygiene and Health Care  (NSE:PGHH) 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.


Procter & Gamble Hygiene and Health Care ROC (Joel Greenblatt) % Related Terms

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Procter & Gamble Hygiene and Health Care (NSE:PGHH) Business Description

Traded in Other Exchanges
Address
Cardinal Gracias Road, P&G Plaza, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Procter & Gamble Hygiene and Health Care Ltd is an Indian company engaged in the manufacturing and selling of feminine hygiene care and healthcare products. The portfolio includes brands like Ambi Pur, Head & Shoulders, Olay, Oral-B, Pampers, Pantene, Tide Ariel, Duracell, Gillette, Vicks, and Wella. The business is divided into a feminine hygiene business and a healthcare business. The feminine hygiene business offers sanitary napkins and feminine sanitary hygiene products; its best-known brand is Whisper. The healthcare business offers creams, cough drops, and other health products. The company distributes its products through various channels: from retail locations such as mass merchandizers and grocery stores, to drug stores and department stores.

Procter & Gamble Hygiene and Health Care (NSE:PGHH) Headlines

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