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Concrete Pumping Holdings (Concrete Pumping Holdings) ROC (Joel Greenblatt) % : 1.38% (As of Jan. 2024)


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What is Concrete Pumping Holdings 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. Concrete Pumping Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 1.38%.

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

BBCP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.09   Med: 14.7   Max: 18.49
Current: 11.82

During the past 7 years, Concrete Pumping Holdings's highest ROC (Joel Greenblatt) % was 18.49%. The lowest was -10.09%. And the median was 14.70%.

BBCP's ROC (Joel Greenblatt) % is ranked worse than
60.63% of 1661 companies
in the Construction industry
Industry Median: 17.92 vs BBCP: 11.82

Concrete Pumping Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Concrete Pumping Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Concrete Pumping Holdings'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.

Concrete Pumping Holdings ROC (Joel Greenblatt) % Chart

Concrete Pumping Holdings Annual Data
Trend Dec17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial - -10.09 3.84 14.79 14.70

Concrete Pumping Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 11.97 12.00 17.12 16.48 1.38

Competitive Comparison of Concrete Pumping Holdings's ROC (Joel Greenblatt) %

For the Engineering & Construction subindustry, Concrete Pumping Holdings'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.


Concrete Pumping Holdings's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Concrete Pumping Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Concrete Pumping Holdings 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.976 + 6.732 + 8.701) - (56.174 + 0 + 3.984)
=18.251

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.466 + 6.23 + 9.244) - (50.52 + 0 + 3.876)
=10.544

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Concrete Pumping Holdings for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.504/( ( (452.463 + max(18.251, 0)) + (461.443 + max(10.544, 0)) )/ 2 )
=6.504/( ( 470.714 + 471.987 )/ 2 )
=6.504/471.3505
=1.38 %

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


Concrete Pumping Holdings  (NAS:BBCP) 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.


Concrete Pumping Holdings ROC (Joel Greenblatt) % Related Terms

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Concrete Pumping Holdings (Concrete Pumping Holdings) Business Description

Traded in Other Exchanges
N/A
Address
500 E. 84th Avenue, Suite A-5, Thornton, CO, USA, 80229
Concrete Pumping Holdings Inc is a provider of concrete pumping services and concrete waste management services in the fragmented United States and United Kingdom markets. Its large fleet of specialized pumping equipment and trained operators position it to deliver concrete placement solutions. The company's operating segment includes U.S. Concrete Pumping; U.K. Operations; U.S. Concrete Waste Management Services and Corporate. It generates maximum revenue from the U.S. Concrete Pumping segment. Geographically, it generates majority of the revenue from its business in United States.
Executives
Bruce F. Young director, officer: Chief Executive Officer 28 WEST 44TH STREET, SUITE 501, NEW YORK NY 10036
Ryan Beres director ARGAND PARTNERS, 28 WEST 44TH STREET, 5TH FLOOR, NEW YORK NY 10036
Armstron Thomas K Jr director C/O TK INVESTMENTS LLC, 4908 WEST BRIAR DRIVE, FORT WORTH TX 76109
Stephen Alarcon director PENINSULA PACIFIC, LLC, 10250 CONSTELLATION BLVD., SUITE 2230, LOS ANGELES CA 90067
John M Piecuch director 2925 BRIARPARK, SUITE 1050, HOUSTON TX 77042
Brent M Stevens director, 10 percent owner PO BOX 5239, KETCHUM ID 83340
Brown David A B director
Matthew Homme director 28 WEST 44TH STREET, SUITE 501, NEW YORK NY 10036
Brian Hodges director C/O INDUSTREA ACQUISITION CORP., 28 WEST 44TH STREET, SUITE 501, NEW YORK NY 10036
Argand Partners, Lp 10 percent owner C/O INDUSTREA ACQUISITION CORP., 28 WEST 44TH STREET, SUITE 501, NEW YORK NY 10036
Owl Creek Sri Master Fund, Ltd. 10 percent owner 89 NEXUS WAY, 2ND FLOOR, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Owl Creek Ii, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek I, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Advisors, Llc 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019

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