GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Super Group (SGHC) Ltd (NYSE:SGHC) » Definitions » ROC (Joel Greenblatt) %

Super Group (SGHC) (Super Group (SGHC)) ROC (Joel Greenblatt) % : -436.48% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Super Group (SGHC) 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. Super Group (SGHC)'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -436.48%.

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

SGHC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -68.91   Med: 763.89   Max: 1205.94
Current: 56.82

During the past 6 years, Super Group (SGHC)'s highest ROC (Joel Greenblatt) % was 1205.94%. The lowest was -68.91%. And the median was 763.89%.

SGHC's ROC (Joel Greenblatt) % is ranked better than
83.6% of 823 companies
in the Travel & Leisure industry
Industry Median: 9.22 vs SGHC: 56.82

Super Group (SGHC)'s 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Super Group (SGHC) ROC (Joel Greenblatt) % Historical Data

The historical data trend for Super Group (SGHC)'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.

Super Group (SGHC) ROC (Joel Greenblatt) % Chart

Super Group (SGHC) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -68.91 1,205.94 1,114.56 763.89 56.00

Super Group (SGHC) Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 324.01 68.57 584.52 193.05 -436.48

Competitive Comparison of Super Group (SGHC)'s ROC (Joel Greenblatt) %

For the Gambling subindustry, Super Group (SGHC)'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.


Super Group (SGHC)'s ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Super Group (SGHC)'s ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Super Group (SGHC)'s ROC (Joel Greenblatt) % falls into.



Super Group (SGHC) 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(164.829 + 0 + 87.039) - (236.32 + 60.337 + 100.419)
=-145.208

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.113 + 0 + 142.158) - (241.256 + 125.202 + 54.242)
=-233.429

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Super Group (SGHC) for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-191.588/( ( (41.689 + max(-145.208, 0)) + (46.098 + max(-233.429, 0)) )/ 2 )
=-191.588/( ( 41.689 + 46.098 )/ 2 )
=-191.588/43.8935
=-436.48 %

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


Super Group (SGHC)  (NYSE:SGHC) 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.


Super Group (SGHC) ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Super Group (SGHC)'s ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Super Group (SGHC) (Super Group (SGHC)) Business Description

Traded in Other Exchanges
N/A
Address
Kingsway House, Havilland Street, St Peter Port, GGY, GY1 2QE
Super Group (SGHC) Ltd is the holding company for global online sports betting and gaming businesses. The company's reportable segments are Betway and Spin. Majority of revenue is generated from Betway segment. Betway segment is single brand online sportsbook focused business with a global footprint and strategic partnerships with teams and leagues worldwide. Betway additionally recovers sponsorship marketing spend through brand license agreements.