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GEN Restaurant Group (GEN Restaurant Group) ROC (Joel Greenblatt) % : -1.42% (As of Dec. 2023)


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What is GEN Restaurant Group 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. GEN Restaurant Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.42%.

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

GENK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.47   Med: 19.43   Max: 286.45
Current: 10.1

During the past 5 years, GEN Restaurant Group's highest ROC (Joel Greenblatt) % was 286.45%. The lowest was -36.47%. And the median was 19.43%.

GENK's ROC (Joel Greenblatt) % is ranked better than
51.72% of 348 companies
in the Restaurants industry
Industry Median: 9.275 vs GENK: 10.10

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


GEN Restaurant Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for GEN Restaurant Group'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.

GEN Restaurant Group ROC (Joel Greenblatt) % Chart

GEN Restaurant Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
31.82 -36.47 286.45 19.43 9.85

GEN Restaurant Group Quarterly Data
Dec19 Sep20 Dec20 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 1.46 17.04 17.04 9.68 -1.42

Competitive Comparison of GEN Restaurant Group's ROC (Joel Greenblatt) %

For the Restaurants subindustry, GEN Restaurant Group'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.


GEN Restaurant Group's ROC (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, GEN Restaurant Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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



GEN Restaurant Group 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 + 0.575 + 3.114) - (11.485 + 7.884 + 0)
=-15.68

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.461 + 3.726) - (18.647 + 6.635 + 3.5527136788005E-15)
=-21.095

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of GEN Restaurant Group 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 )
=-1.844/( ( (126.287 + max(-15.68, 0)) + (133.162 + max(-21.095, 0)) )/ 2 )
=-1.844/( ( 126.287 + 133.162 )/ 2 )
=-1.844/129.7245
=-1.42 %

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.


GEN Restaurant Group  (NAS:GENK) 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.


GEN Restaurant Group ROC (Joel Greenblatt) % Related Terms

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


GEN Restaurant Group (GEN Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
11480 South Street, Suite 205, Cerritos, CA, USA, 90703
GEN Restaurant Group Inc is engaged in GEN Korean BBQ which is one of the largest Asian casual dining restaurants. It offers an extensive menu of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables, all at a superior value. Its restaurants have modern decor, lively Korean pop music playing in the background and embedded grills in the center of each table. Its food is served family style and requires guests to share and coordinate their cooking responsibilities, which fosters more meaningful interaction than traditional casual dining. The company believes in its unique culinary experience appeals to a vast segment of the population, particularly Millennials and Gen Z.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Jonathan Gregory director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Thomas Croal officer: Chief Financial Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jae Chang director, officer: Co-Chief Executive Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Michael Cowan director 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Jose Manzanarez 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Don Kim 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Juhee Han 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Lauren Wang 10 percent owner 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703
Ichibon Trading, Llc 10 percent owner 2711 VILLA PISA LN, LEAGUE CITY TX 77573-3293
Kim David Wook Jin director, 10 percent owner, officer: Co-Chief Executive Officer 11480 SOUTH STREET, SUITE 205, CERRITOS CA 90703