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Jeju Semiconductor (XKRX:080220) ROC (Joel Greenblatt) % : 16.46% (As of Mar. 2024)


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What is Jeju Semiconductor 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. Jeju Semiconductor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 16.46%.

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

XKRX:080220' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1   Med: 15.55   Max: 35.31
Current: 21.26

During the past 13 years, Jeju Semiconductor's highest ROC (Joel Greenblatt) % was 35.31%. The lowest was 1.00%. And the median was 15.55%.

XKRX:080220's ROC (Joel Greenblatt) % is ranked better than
68.31% of 994 companies
in the Semiconductors industry
Industry Median: 9.035 vs XKRX:080220: 21.26

Jeju Semiconductor's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 31.80% per year.


Jeju Semiconductor ROC (Joel Greenblatt) % Historical Data

The historical data trend for Jeju Semiconductor'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.

Jeju Semiconductor ROC (Joel Greenblatt) % Chart

Jeju Semiconductor 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 1.49 20.68 28.58 35.31 20.60

Jeju Semiconductor 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 11.45 21.66 15.16 31.01 16.46

Competitive Comparison of Jeju Semiconductor's ROC (Joel Greenblatt) %

For the Semiconductors subindustry, Jeju Semiconductor'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.


Jeju Semiconductor's ROC (Joel Greenblatt) % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Jeju Semiconductor's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Jeju Semiconductor's ROC (Joel Greenblatt) % falls into.



Jeju Semiconductor 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)
=(54426.604 + 72776.992 + 3077.521) - (16025.141 + 0 + 1611.587)
=112644.389

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(50584.73 + 73364.669 + 3033.389) - (16252.168 + 0 + 678.634)
=110051.986

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Jeju Semiconductor 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 )
=19068.476/( ( (4658.678 + max(112644.389, 0)) + (4309.905 + max(110051.986, 0)) )/ 2 )
=19068.476/( ( 117303.067 + 114361.891 )/ 2 )
=19068.476/115832.479
=16.46 %

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.


Jeju Semiconductor  (XKRX:080220) 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.


Jeju Semiconductor ROC (Joel Greenblatt) % Related Terms

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Jeju Semiconductor (XKRX:080220) Business Description

Traded in Other Exchanges
N/A
Address
2F, 18-4, Cheongsa-ro 1-gil, Jeju-do, Jeju-si, KOR, 690-029
Jeju Semiconductor Corp is engaged in the provision of semiconductor memory chips for mobile applications in South Korea. Its products include SRAM (Static Random-Access Memory), PSRAM (Pseudo Static Random-Access Memory), SDRAM (Synchronous DRAM), SPI NOR Flash, NAND Flash, NOR MCP, and NAND MPC.

Jeju Semiconductor (XKRX:080220) Headlines

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