GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Corporacion Inmobiliaria Vesta SAB de CV (OTCPK:VESTF) » Definitions » ROC (Joel Greenblatt) %

Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) ROC (Joel Greenblatt) % : 19,946.42% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Corporacion Inmobiliaria VestaB de CV 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. Corporacion Inmobiliaria VestaB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 19,946.42%.

The historical rank and industry rank for Corporacion Inmobiliaria VestaB de CV's ROC (Joel Greenblatt) % or its related term are showing as below:

VESTF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1262.92   Med: 7123.01   Max: 20089.27
Current: 14767

During the past 13 years, Corporacion Inmobiliaria VestaB de CV's highest ROC (Joel Greenblatt) % was 20089.27%. The lowest was 1262.92%. And the median was 7123.01%.

VESTF's ROC (Joel Greenblatt) % is ranked better than
98.65% of 1773 companies
in the Real Estate industry
Industry Median: 9.9 vs VESTF: 14767.00

Corporacion Inmobiliaria VestaB de CV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 14.30% per year.


Corporacion Inmobiliaria VestaB de CV ROC (Joel Greenblatt) % Historical Data

The historical data trend for Corporacion Inmobiliaria VestaB de CV'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.

Corporacion Inmobiliaria VestaB de CV ROC (Joel Greenblatt) % Chart

Corporacion Inmobiliaria VestaB de CV 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 6,738.58 4,337.42 8,781.42 10,703.92 13,733.25

Corporacion Inmobiliaria VestaB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 12,945.33 8,003.54 24,666.84 16,618.50 19,946.42

Competitive Comparison of Corporacion Inmobiliaria VestaB de CV's ROC (Joel Greenblatt) %

For the Real Estate - Diversified subindustry, Corporacion Inmobiliaria VestaB de CV'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.


Corporacion Inmobiliaria VestaB de CV's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Corporacion Inmobiliaria VestaB de CV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Corporacion Inmobiliaria VestaB de CV's ROC (Joel Greenblatt) % falls into.



Corporacion Inmobiliaria VestaB de CV 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)
=(10.101 + 0 + 21.043) - (77.346 + 0 + 0)
=-46.202

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.838 + 0 + 24.242) - (100.503 + 0 + 0)
=-61.423

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Corporacion Inmobiliaria VestaB de CV 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 )
=641.776/( ( (3.376 + max(-46.202, 0)) + (3.059 + max(-61.423, 0)) )/ 2 )
=641.776/( ( 3.376 + 3.059 )/ 2 )
=641.776/3.2175
=19,946.42 %

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.


Corporacion Inmobiliaria VestaB de CV  (OTCPK:VESTF) 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.


Corporacion Inmobiliaria VestaB de CV ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Corporacion Inmobiliaria VestaB de CV's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Business Description

Traded in Other Exchanges
Address
Paseo de los Tamarindos, 90 Torre 2, 28th Floor, Cuajimalpa de Morelos, Mexico, MEX, 05120
Corporacion Inmobiliaria Vesta SAB de CV is a real estate company dedicated to the development and leasing of industrial buildings and distribution centers in Mexico. The company designs and constructs park-to-suit projects across various industries; undertakes build-to-suit projects; and provides site selection, design and engineering, and sale and leaseback services. It serves aerospace, automotive, food and beverage, logistics, medical devices, plastics, and other industries.

Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Headlines