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Soho House (Soho House) ROC (Joel Greenblatt) % : -6.16% (As of Dec. 2023)


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What is Soho House 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. Soho House's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.16%.

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

SHCO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.44   Med: -9.26   Max: -1.26
Current: -1.26

During the past 6 years, Soho House's highest ROC (Joel Greenblatt) % was -1.26%. The lowest was -13.44%. And the median was -9.26%.

SHCO's ROC (Joel Greenblatt) % is ranked worse than
76.86% of 821 companies
in the Travel & Leisure industry
Industry Median: 9.28 vs SHCO: -1.26

Soho House's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.30% per year.


Soho House ROC (Joel Greenblatt) % Historical Data

The historical data trend for Soho House'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.

Soho House ROC (Joel Greenblatt) % Chart

Soho House Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -13.44 -10.14 -11.07 -8.38 -1.26

Soho House Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 8.62 0.58 4.77 -4.17 -6.16

Competitive Comparison of Soho House's ROC (Joel Greenblatt) %

For the Lodging subindustry, Soho House'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.


Soho House's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

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

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



Soho House 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)
=(64.589 + 55.768 + 0.5) - (207.28 + 108.629 + 34.317)
=-229.369

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.158 + 60.768 + 20.607) - (193.3 + 117.129 + 33.633)
=-204.529

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Soho House 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 )
=-109.204/( ( (1768.568 + max(-229.369, 0)) + (1777.2 + max(-204.529, 0)) )/ 2 )
=-109.204/( ( 1768.568 + 1777.2 )/ 2 )
=-109.204/1772.884
=-6.16 %

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.


Soho House  (NYSE:SHCO) 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.


Soho House ROC (Joel Greenblatt) % Related Terms

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


Soho House (Soho House) Business Description

Traded in Other Exchanges
Address
180 Strand, London, GBR, WC2R 1EA
Soho House & Co Inc is a membership platform of physical and digital spaces that connects a vibrant, diverse group of members from across the world. The members use the platform to work, socialize, connect, create and flourish all over the world. It offers lease agreement Houses, hotels, restaurants, studios, spas, and other properties.
Executives
Nick Jones director, officer: Founder, other: See Remarks 515 W. 20TH STREET, NEW YORK NY 10011
Yusef Jackson director C/O YUCAIPA ACQUISITION CORPORATION, 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069
Thomas Glassbrooke Allen officer: Chief Financial Officer 180 STRAND, LONDON X0 WC2R 1EA
Andrew Carnie director, officer: Chief Executive Officer 515 W. 20TH STREET., NEW YORK NY 10011
Richard Caring director, 10 percent owner, other: See Remarks 515 W. 20TH STREET, NEW YORK DC 10011
Mark Ein director
Martin Kuczmarski officer: Chief Operating Officer 515 W. 20TH STREET, NEW YORK NY 10011
Humera Afzal officer: Chief Financial Officer 515 W. 20TH STREET, NEW YORK NY 10011
Ronald W Burkle director, 10 percent owner, other: Exec. Chairman; See Remarks
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Broad Street Principal Investments, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments I, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments U, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments W, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments X, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282

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