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Benso Oil Palm Plantation (XGHA:BOPP) ROC (Joel Greenblatt) % : 0.00% (As of Sep. 2023)


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What is Benso Oil Palm Plantation 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. Benso Oil Palm Plantation's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 0.00%.

The historical rank and industry rank for Benso Oil Palm Plantation's ROC (Joel Greenblatt) % or its related term are showing as below:

XGHA:BOPP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.19   Med: 40.35   Max: 231.89
Current: 77.46

During the past 6 years, Benso Oil Palm Plantation's highest ROC (Joel Greenblatt) % was 231.89%. The lowest was 10.19%. And the median was 40.35%.

XGHA:BOPP's ROC (Joel Greenblatt) % is ranked better than
94.65% of 1888 companies
in the Consumer Packaged Goods industry
Industry Median: 11.93 vs XGHA:BOPP: 77.46

Benso Oil Palm Plantation's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 81.80% per year.


Benso Oil Palm Plantation ROC (Joel Greenblatt) % Historical Data

The historical data trend for Benso Oil Palm Plantation'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.

Benso Oil Palm Plantation ROC (Joel Greenblatt) % Chart

Benso Oil Palm Plantation Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 10.19 25.95 54.74 171.97 231.89

Benso Oil Palm Plantation Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Sep23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 260.13 - 70.77 271.44 -

Competitive Comparison of Benso Oil Palm Plantation's ROC (Joel Greenblatt) %

For the Farm Products subindustry, Benso Oil Palm Plantation'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.


Benso Oil Palm Plantation's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Benso Oil Palm Plantation's ROC (Joel Greenblatt) % falls into.



Benso Oil Palm Plantation 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 30.635 + 0) - (37.657 + 0 + 6.781)
=-13.803

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.322 + 34.697 + 0) - (57.946 + 0 + 0)
=-9.927

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Benso Oil Palm Plantation for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (95.446 + max(-13.803, 0)) + (122.477 + max(-9.927, 0)) )/ 2 )
=0/( ( 95.446 + 122.477 )/ 2 )
=0/108.9615
=0.00 %

Note: The EBIT data used here is four times the quarterly (Sep. 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.


Benso Oil Palm Plantation  (XGHA:BOPP) 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.


Benso Oil Palm Plantation ROC (Joel Greenblatt) % Related Terms

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Benso Oil Palm Plantation (XGHA:BOPP) Business Description

Traded in Other Exchanges
N/A
Address
Adum Banso Estate, P.O.Box 470, Takoradi, GHA
Benso Oil Palm Plantation is engaged in the business of growing oil palm and the processing of palm fruits to produce palm oil and palm kernel oil. The product of the Company is crude palm oil.

Benso Oil Palm Plantation (XGHA:BOPP) Headlines

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