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Generationome Properties (Generationome Properties) ROC (Joel Greenblatt) % : -42.19% (As of Mar. 2024)


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What is Generationome Properties 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. Generationome Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -42.19%.

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

GIPR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -35.87   Med: -27.4   Max: 1198
Current: -26.33

During the past 6 years, Generationome Properties's highest ROC (Joel Greenblatt) % was 1198.00%. The lowest was -35.87%. And the median was -27.40%.

GIPR's ROC (Joel Greenblatt) % is ranked worse than
80.32% of 564 companies
in the REITs industry
Industry Median: 112.295 vs GIPR: -26.33

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


Generationome Properties ROC (Joel Greenblatt) % Historical Data

The historical data trend for Generationome Properties'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.

Generationome Properties ROC (Joel Greenblatt) % Chart

Generationome Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial - - 1,198.00 -35.87 -27.40

Generationome Properties Quarterly Data
Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -46.35 -18.45 -28.67 -16.10 -42.19

Competitive Comparison of Generationome Properties's ROC (Joel Greenblatt) %

For the REIT - Diversified subindustry, Generationome Properties'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.


Generationome Properties's ROC (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Generationome Properties's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Generationome Properties 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.241 + 0 + 0.668) - (3.623 + 0.261 + -4.4408920985006E-16)
=-2.975

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.284 + 0 + 6.924) - (3.054 + 0.17 + 4.4408920985006E-16)
=3.984

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Generationome Properties for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.432/( ( (6.152 + max(-2.975, 0)) + (6.132 + max(3.984, 0)) )/ 2 )
=-3.432/( ( 6.152 + 10.116 )/ 2 )
=-3.432/8.134
=-42.19 %

Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.


Generationome Properties  (NAS:GIPR) 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.


Generationome Properties ROC (Joel Greenblatt) % Related Terms

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Generationome Properties (Generationome Properties) Business Description

Traded in Other Exchanges
N/A
Address
401 East Jackson Street, Suite 3300, Tampa, FL, USA, 33602
Generation Income Properties Inc is an internally managed real estate investment company focused on acquiring and managing income-producing retail, office and industrial properties net leased to high-quality tenants in major markets throughout the United States. Its key source of revenue is the rental income. The company holds properties in Alabama, Arizona, Colorado, District of Columbia, Florida, Illinois, North Carolina and Virginia.
Executives
Patrick Quilty director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
David Sobelman director, officer: Chairman, President, CEO 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Allison Davies officer: CFO & Treasurer 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Gena Cheng director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Betsy Peck director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Richard D. Russell officer: CFO & Treasurer 3201 W BAY VISTA AVE, TAMPA FL 33611
Benjamin Adams director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Stuart Eisenberg director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
John Robert Sierra 10 percent owner 509 GUISANDO DE AVILA, SUITE 200, TAMPA FL 33613
John Robert Sierra Sr. Revocable Family Trust 10 percent owner 509 GUISANDO DE AVILA, SUITE 200, TAMPA FL 33613

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