GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bahrain Family Leisure Co BSC (BAH:FAMILY) » Definitions » ROC (Joel Greenblatt) %

Bahrain Family Leisure Co BSC (BAH:FAMILY) ROC (Joel Greenblatt) % : 1.79% (As of Dec. 2023)


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

What is Bahrain Family Leisure Co BSC 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. Bahrain Family Leisure Co BSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.79%.

The historical rank and industry rank for Bahrain Family Leisure Co BSC's ROC (Joel Greenblatt) % or its related term are showing as below:

BAH:FAMILY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -196.22   Med: -104.72   Max: -10.29
Current: -105.83

During the past 13 years, Bahrain Family Leisure Co BSC's highest ROC (Joel Greenblatt) % was -10.29%. The lowest was -196.22%. And the median was -104.72%.

BAH:FAMILY's ROC (Joel Greenblatt) % is ranked worse than
94.54% of 348 companies
in the Restaurants industry
Industry Median: 9.275 vs BAH:FAMILY: -105.83

Bahrain Family Leisure Co BSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 9.60% per year.


Bahrain Family Leisure Co BSC ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bahrain Family Leisure Co BSC'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.

Bahrain Family Leisure Co BSC ROC (Joel Greenblatt) % Chart

Bahrain Family Leisure Co BSC 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 -174.91 -119.88 -111.86 -175.95 -97.58

Bahrain Family Leisure Co BSC Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only -25.88 -9.41 -141.83 -308.75 1.79

Competitive Comparison of Bahrain Family Leisure Co BSC's ROC (Joel Greenblatt) %

For the Restaurants subindustry, Bahrain Family Leisure Co BSC'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.


Bahrain Family Leisure Co BSC's ROC (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bahrain Family Leisure Co BSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bahrain Family Leisure Co BSC's ROC (Joel Greenblatt) % falls into.



Bahrain Family Leisure Co BSC 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)
=(0.125 + 0.023 + 0) - (0.264 + 0 + 0)
=-0.116

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.02 + 0.02 + 0.02) - (0.11 + 0 + 0.124)
=-0.174

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bahrain Family Leisure Co BSC 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 )
=0.008/( ( (0.469 + max(-0.116, 0)) + (0.423 + max(-0.174, 0)) )/ 2 )
=0.008/( ( 0.469 + 0.423 )/ 2 )
=0.008/0.446
=1.79 %

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.


Bahrain Family Leisure Co BSC  (BAH:FAMILY) 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.


Bahrain Family Leisure Co BSC ROC (Joel Greenblatt) % Related Terms

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


Bahrain Family Leisure Co BSC (BAH:FAMILY) Business Description

Traded in Other Exchanges
N/A
Address
10th Floor, Gulf Executive Offices, Block No. 338, P.O. Box 11612, Adliya, Manama, BHR
Bahrain Family Leisure Co BSC owns and operates franchise restaurants in the Kingdom under the name of Bennigan's, Cucina Italiana and Kazbah Catering. Bennigan's home delivery offers a full menu direct at the doorstep. Cucina Italiana is prepared with only the freshest and finest hand-picked ingredients, making the dishes nothing less than delicious. All dishes are made from fresh vegetables, succulent meat, hand-tossed dough and tomato sauce. Kazbah catering offers contract catering services to businesses, education and government facilities, events management companies and private sector establishments.

Bahrain Family Leisure Co BSC (BAH:FAMILY) Headlines

No Headlines