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Benson Hill (Benson Hill) ROC (Joel Greenblatt) % : -46.79% (As of Dec. 2023)


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What is Benson Hill 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. Benson Hill's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -46.79%.

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

BHIL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -86.23   Med: -62.7   Max: -34.31
Current: -34.31

During the past 5 years, Benson Hill's highest ROC (Joel Greenblatt) % was -34.31%. The lowest was -86.23%. And the median was -62.70%.

BHIL's ROC (Joel Greenblatt) % is ranked worse than
90.36% of 249 companies
in the Agriculture industry
Industry Median: 9.97 vs BHIL: -34.31

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


Benson Hill ROC (Joel Greenblatt) % Historical Data

The historical data trend for Benson Hill'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.

Benson Hill ROC (Joel Greenblatt) % Chart

Benson Hill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- -86.23 -86.21 -36.40 -39.18

Benson Hill Quarterly Data
Dec19 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 -44.07 2.58 -69.59 -20.53 -46.79

Competitive Comparison of Benson Hill's ROC (Joel Greenblatt) %

For the Agricultural Inputs subindustry, Benson Hill'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.


Benson Hill's ROC (Joel Greenblatt) % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Benson Hill's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Benson Hill 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)
=(37.553 + 30.419 + 34.876) - (16.499 + 6.706 + 10.439)
=69.204

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.222 + 25.5 + 7.114) - (22.108 + 8.34 + 11.08)
=24.308

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Benson Hill 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 )
=-93.92/( ( (166.681 + max(69.204, 0)) + (141.222 + max(24.308, 0)) )/ 2 )
=-93.92/( ( 235.885 + 165.53 )/ 2 )
=-93.92/200.7075
=-46.79 %

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.


Benson Hill  (NYSE:BHIL) 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.


Benson Hill ROC (Joel Greenblatt) % Related Terms

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


Benson Hill (Benson Hill) Business Description

Traded in Other Exchanges
N/A
Address
1001 North Warson Road, Saint Louis, MO, USA, 63132
Benson Hill Inc is a food technology company. It operates in one segment Ingredients. The ingredients segment is currently focused on commercializing soybean and yellow pea products, including soy-based specialty vegetable oils, aquaculture and animal feed, and ultra-high protein soy-based ingredients that have the potential to eliminate costly water and energy-intensive processing associated with producing products for the food and feed markets, alleviating supply constraints to help bring plant-based proteins to scale.
Executives
Bruce Tyler Bennett officer: President, Ingredients C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Richard L Mack director 9590 SKY LANE, EDEN PRAIRIE MN 55347
Yevgeny Fundler officer: Chief Legal Officer, other: Corporate Secretary 1001 NORTH WARSON ROAD, ST. LOUIS MO 63132
Jason Bull officer: Chief Technology Officer C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Dean P Freeman officer: Chief Financial Officer C/O BENSON HILL, INC.,1001 N WARSON RD, SAINT LOUIS MO 63132
Matthew B. Crisp director, officer: President and CEO C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Montgomery Molly director 739 MILLER AVENUE, MILL VALLEY CA 94941
David J. Lee director C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Deann L Brunts director, officer: Chief Financial Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Adrienne Elsner director ONE OWENS CORNING PKWY, TOLEDO OH 43659
Linda Whitley-taylor director C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132
Stephan Dolezalek director C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Daniel Jacobi director C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Michael D. Wilds officer: CFO and CAO C/O MAGNETAR CAPITAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Star Peak Sponsor Ii Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201