GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kisses From Italy Inc (OTCPK:KITL) » Definitions » ROC (Joel Greenblatt) %

Kisses From Italy (Kisses From Italy) ROC (Joel Greenblatt) % : -1,330.45% (As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Kisses From Italy 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. Kisses From Italy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -1,330.45%.

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

KITL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -59142.86   Med: -2092.25   Max: -206.21
Current: -694.74

During the past 6 years, Kisses From Italy's highest ROC (Joel Greenblatt) % was -206.21%. The lowest was -59142.86%. And the median was -2092.25%.

KITL's ROC (Joel Greenblatt) % is ranked worse than
99.71% of 349 companies
in the Restaurants industry
Industry Median: 9.27 vs KITL: -694.74

Kisses From Italy's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -42.60% per year.


Kisses From Italy ROC (Joel Greenblatt) % Historical Data

The historical data trend for Kisses From Italy'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.

Kisses From Italy ROC (Joel Greenblatt) % Chart

Kisses From Italy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -324.55 -3,711.41 -9,674.63 -59,142.86 -206.21

Kisses From Italy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -131.90 -74.44 -408.60 -1,083.90 -1,330.45

Competitive Comparison of Kisses From Italy's ROC (Joel Greenblatt) %

For the Restaurants subindustry, Kisses From Italy'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.


Kisses From Italy's ROC (Joel Greenblatt) % Distribution in the Restaurants Industry

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

* The bar in red indicates where Kisses From Italy's ROC (Joel Greenblatt) % falls into.



Kisses From Italy 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.015 + 0.012 + 0) - (0.206 + 0 + -0.001)
=-0.178

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.014 + 0.013 + -0.001) - (0.226 + 0 + 0)
=-0.2

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kisses From Italy for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.528/( ( (0.429 + max(-0.178, 0)) + (0.402 + max(-0.2, 0)) )/ 2 )
=-5.528/( ( 0.429 + 0.402 )/ 2 )
=-5.528/0.4155
=-1,330.45 %

Note: The EBIT data used here is four times the quarterly (Sep. 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.


Kisses From Italy  (OTCPK:KITL) 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.


Kisses From Italy ROC (Joel Greenblatt) % Related Terms

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


Kisses From Italy (Kisses From Italy) Business Description

Traded in Other Exchanges
N/A
Address
80 SW 8th Street, Suite 2000, Miami, FL, USA, 33130
Kisses From Italy Inc in Florida is engaged in developing a fast-casual food dining chain restaurant business. It offers deli paninis including fresh cheese Panini, prosciutto, salami, calicollo, bresaola, and turkey paninis. The company also offers espresso, cappuccino, and other coffee drinks, soft drinks, bottled water, and juices, as well as various flavors of granite. In addition to its company operated restaurants, it is engaged in franchising restaurant concept so that it can build market share and brand awareness.
Executives
Denis Senecal director 866 DU RIVAGE, SAINT-ANTOINE-SUR-RICHELIEU A8 JOL 1RO
Turi Michele Di director, officer: CO-CEO/President 3100 BOUL. DES GOUVERNEURS, LAVAL A8 H7E 5J3
Claudio Ferri director, officer: CO-CEO/CFO 12280 53RD AVENUE, MONTREAL A8 H1E 0A5
Leonardo Fraccalvieri director, officer: Chief Operating Officer VIA DEPRETIS 9, SANNICANDRO DI BARI L6 70028