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Auro Holdings Bhd (XKLS:5025) ROC (Joel Greenblatt) % : -12.05% (As of Nov. 2023)


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What is Auro Holdings Bhd 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. Auro Holdings Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -12.05%.

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

XKLS:5025' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -50.59   Med: -12.72   Max: -4.52
Current: -5.85

During the past 13 years, Auro Holdings Bhd's highest ROC (Joel Greenblatt) % was -4.52%. The lowest was -50.59%. And the median was -12.72%.

XKLS:5025's ROC (Joel Greenblatt) % is ranked worse than
83.28% of 293 companies
in the Forest Products industry
Industry Median: 6 vs XKLS:5025: -5.85

Auro Holdings Bhd's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -18.00% per year.


Auro Holdings Bhd ROC (Joel Greenblatt) % Historical Data

The historical data trend for Auro Holdings Bhd'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.

Auro Holdings Bhd ROC (Joel Greenblatt) % Chart

Auro Holdings Bhd Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Feb22 Feb23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.68 -45.37 -17.03 -50.59 -21.05

Auro Holdings Bhd Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -18.55 -7.39 0.78 -4.66 -12.05

Competitive Comparison of Auro Holdings Bhd's ROC (Joel Greenblatt) %

For the Lumber & Wood Production subindustry, Auro Holdings Bhd'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.


Auro Holdings Bhd's ROC (Joel Greenblatt) % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Auro Holdings Bhd's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Auro Holdings Bhd's ROC (Joel Greenblatt) % falls into.



Auro Holdings Bhd 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: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.92 + 1.365 + 0) - (3.666 + 0 + 0)
=0.619

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.542 + 2.131 + 0) - (4.976 + 0 + 0)
=-1.303

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Auro Holdings Bhd for the quarter that ended in Nov. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.132/( ( (25.538 + max(0.619, 0)) + (25.821 + max(-1.303, 0)) )/ 2 )
=-3.132/( ( 26.157 + 25.821 )/ 2 )
=-3.132/25.989
=-12.05 %

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


Auro Holdings Bhd  (XKLS:5025) 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.


Auro Holdings Bhd ROC (Joel Greenblatt) % Related Terms

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Auro Holdings Bhd (XKLS:5025) Business Description

Traded in Other Exchanges
N/A
Address
No. 12-2, Jalan Radin Bagus 6, Bandar Baru Sri Petaling, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000
Auro Holdings Bhd is an investment holding company engaged in the manufacturing and trading of a wide range of quality timber products such as interior and exterior moulded timber products, supplying FSC-certified and non-certified sawn timber, and also providing kiln-drying and timber treatment services. Its operating segments are the Molding and timber segment which involves manufacturing and selling of timber and timber products and provision of kiln drying and timber treatment services and Investment and others. Geographically it derives revenues from Malaysia, China, Singapore and others.

Auro Holdings Bhd (XKLS:5025) Headlines

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