GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ALJ Regional Holdings Inc (OTCPK:ALJJ) » Definitions » ROC (Joel Greenblatt) %

ALJ Regional Holdings (ALJ Regional Holdings) ROC (Joel Greenblatt) % : 898.94% (As of Jun. 2022)


View and export this data going back to 1996. Start your Free Trial

What is ALJ Regional 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. ALJ Regional Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 898.94%.

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

ALJJ's ROC (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 21.04
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


ALJ Regional Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for ALJ Regional 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.

ALJ Regional Holdings ROC (Joel Greenblatt) % Chart

ALJ Regional Holdings Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.44 9.10 5.37 -59.94 6.19

ALJ Regional Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -13.71 40.39 -20.07 -26.04 898.94

Competitive Comparison of ALJ Regional Holdings's ROC (Joel Greenblatt) %

For the Specialty Business Services subindustry, ALJ Regional 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.


ALJ Regional Holdings's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ALJ Regional Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



ALJ Regional 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: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.438 + 0 + 41.412) - (16.606 + 0.348 + 32.397)
=29.499

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.979 + 0 + 4.861) - (17.395 + 0 + 14.457)
=11.988

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of ALJ Regional Holdings for the quarter that ended in Jun. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=448.332/( ( (29.857 + max(29.499, 0)) + (28.403 + max(11.988, 0)) )/ 2 )
=448.332/( ( 59.356 + 40.391 )/ 2 )
=448.332/49.8735
=898.94 %

Note: The EBIT data used here is four times the quarterly (Jun. 2022) 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.


ALJ Regional Holdings  (OTCPK:ALJJ) 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.


ALJ Regional Holdings ROC (Joel Greenblatt) % Related Terms

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


ALJ Regional Holdings (ALJ Regional Holdings) Business Description

Traded in Other Exchanges
N/A
Address
244 Madison Avenue, PMB No. 358, New York, NY, USA, 10016
ALJ Regional Holdings Inc is a holding company that operates through Three Segments; Faneuil, Visito, and Ranew. Faneuil, which is the key revenue driver, provides call center services and back-office operations, staffing services, and toll collection services.
Executives
William Montgomery 10 percent owner 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Julie Cavanna-jerbic director 244 MADISON AVENUE, PMB #358, NEW YORK NY 10016
Jess M Ravich director, officer: Executive Chairman 11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Rae Ravich director 149 S BARRINGTON AVE, #828, LOS ANGELES CA 90049
Brian Hartman officer: Chief Financial Officer 244 MADISON AVENUE, PMB #358, NEW YORK NY 10016
Hernandez Margarita Palau director 300 N. SAN RAFAEL AVE., PASADENA CA 91105
Robert Scott Fritz director
John Scheel director C/O YOUTHSTREAM MEDIA NETWORKS, INC., 9003 CINCINNATI DAYTON ROAD, WEST CHESTER OH 45069
Michael C. Borofsky director 35 EAST 62ND STREET, NEW YORK NY 10065
Van Buren Anna Mary director, officer: President & CEO, Faneuil 248 SHORECREST LANE, HAMPTON VA 23669
Hal G Byer director
Marc L. Reisch director, officer: Chairman, Phoenix 21 TRAILS END, CHAPPAQUA NY 10514
Rob Christ officer: Chief Financial Officer P.O. BOX 99418, SAN DIEGO CA 92169