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Puregold Price Club (PHS:PGOLD) ROC (Joel Greenblatt) % : 18.46% (As of Dec. 2023)


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What is Puregold Price Club 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. Puregold Price Club's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.46%.

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

PHS:PGOLD' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.45   Med: 25   Max: 47.43
Current: 19.45

During the past 13 years, Puregold Price Club's highest ROC (Joel Greenblatt) % was 47.43%. The lowest was 19.45%. And the median was 25.00%.

PHS:PGOLD's ROC (Joel Greenblatt) % is ranked better than
66.49% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 10.03 vs PHS:PGOLD: 19.45

Puregold Price Club's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.00% per year.


Puregold Price Club ROC (Joel Greenblatt) % Historical Data

The historical data trend for Puregold Price Club'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.

Puregold Price Club ROC (Joel Greenblatt) % Chart

Puregold Price Club Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.03 25.37 23.95 24.62 21.34

Puregold Price Club Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.40 21.90 17.56 18.44 18.46

Competitive Comparison of Puregold Price Club's ROC (Joel Greenblatt) %

For the Department Stores subindustry, Puregold Price Club'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.


Puregold Price Club's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Puregold Price Club's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Puregold Price Club's ROC (Joel Greenblatt) % falls into.



Puregold Price Club 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)
=(951.844 + 29942.075 + 1097.728) - (12446.285 + 0 + 3019.225)
=16526.137

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2678.277 + 27308.803 + 602.155) - (23946.921 + 0 + 3528.783)
=3113.531

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Puregold Price Club 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 )
=14034.704/( ( (65299.321 + max(16526.137, 0)) + (67153.886 + max(3113.531, 0)) )/ 2 )
=14034.704/( ( 81825.458 + 70267.417 )/ 2 )
=14034.704/76046.4375
=18.46 %

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.


Puregold Price Club  (PHS:PGOLD) 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.


Puregold Price Club ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Puregold Price Club's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Puregold Price Club (PHS:PGOLD) Business Description

Traded in Other Exchanges
N/A
Address
No. 900 Romualdez Street, 2nd Floor, Tabacalera Building, Paco, Manila, PHL, 1007
Puregold Price Club Inc is involved in the business of trading goods such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods). The stores are classified as Hypermarkets, Supermarkets, Extras and Mini-marts. Hypermarkets offer a wide variety of food and non-food products. Supermarkets offer a higher proportion of food to non-food products. Mini-marts serves as a community store, selling fast-moving essential goods to high-density neighbourhoods.

Puregold Price Club (PHS:PGOLD) Headlines

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