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Empresa Electrica Pehuenche (XSGO:PEHUENCHE) ROC (Joel Greenblatt) % : 140.56% (As of Mar. 2024)


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What is Empresa Electrica Pehuenche 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. Empresa Electrica Pehuenche's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 140.56%.

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

XSGO:PEHUENCHE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 54.66   Med: 71.99   Max: 160.61
Current: 160.31

During the past 13 years, Empresa Electrica Pehuenche's highest ROC (Joel Greenblatt) % was 160.61%. The lowest was 54.66%. And the median was 71.99%.

XSGO:PEHUENCHE's ROC (Joel Greenblatt) % is ranked better than
96.3% of 432 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.515 vs XSGO:PEHUENCHE: 160.31

Empresa Electrica Pehuenche's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.50% per year.


Empresa Electrica Pehuenche ROC (Joel Greenblatt) % Historical Data

The historical data trend for Empresa Electrica Pehuenche'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.

Empresa Electrica Pehuenche ROC (Joel Greenblatt) % Chart

Empresa Electrica Pehuenche 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 66.21 70.52 88.18 160.61 129.45

Empresa Electrica Pehuenche 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 111.27 122.88 235.28 142.21 140.56

Competitive Comparison of Empresa Electrica Pehuenche's ROC (Joel Greenblatt) %

For the Utilities - Renewable subindustry, Empresa Electrica Pehuenche'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.


Empresa Electrica Pehuenche's ROC (Joel Greenblatt) % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Empresa Electrica Pehuenche's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Empresa Electrica Pehuenche's ROC (Joel Greenblatt) % falls into.



Empresa Electrica Pehuenche 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)
=(21353.197 + 411.411 + 1543.49) - (50343.726 + 0 + 39.625999999997)
=-27075.254

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15289.951 + 307.951 + 1100.485) - (29412.611 + 0 + 0)
=-12714.224

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Empresa Electrica Pehuenche 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 )
=223790.012/( ( (155196.277 + max(-27075.254, 0)) + (163237.036 + max(-12714.224, 0)) )/ 2 )
=223790.012/( ( 155196.277 + 163237.036 )/ 2 )
=223790.012/159216.6565
=140.56 %

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.


Empresa Electrica Pehuenche  (XSGO:PEHUENCHE) 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.


Empresa Electrica Pehuenche ROC (Joel Greenblatt) % Related Terms

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Empresa Electrica Pehuenche (XSGO:PEHUENCHE) Business Description

Traded in Other Exchanges
N/A
Address
Santa Rosa 76, Piso 16, Santiago, CHL
Empresa Electrica Pehuenche SA is an electric power generation and distribution company. The firm is mainly engaged in the generation, transportation, distribution, and supply of electric power and promotes the commercialization of Liquefied Natural Gas in the industrial, residential, and commercial sectors. It also provides engineering and consulting services. The company owns the Pehuenche, Curillinque and Loma Alta hydroelectric plants, all located in the Maule River basin, Maule Region.

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