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The Duckhorn Portfolio (The Duckhorn Portfolio) ROC (Joel Greenblatt) % : 14.98% (As of Jan. 2024)


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What is The Duckhorn Portfolio 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. The Duckhorn Portfolio's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 14.98%.

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

NAPA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 10.75   Med: 16.45   Max: 18.4
Current: 16.05

During the past 5 years, The Duckhorn Portfolio's highest ROC (Joel Greenblatt) % was 18.40%. The lowest was 10.75%. And the median was 16.45%.

NAPA's ROC (Joel Greenblatt) % is ranked better than
51.17% of 213 companies
in the Beverages - Alcoholic industry
Industry Median: 14.73 vs NAPA: 16.05

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


The Duckhorn Portfolio ROC (Joel Greenblatt) % Historical Data

The historical data trend for The Duckhorn Portfolio'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.

The Duckhorn Portfolio ROC (Joel Greenblatt) % Chart

The Duckhorn Portfolio Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23
ROC (Joel Greenblatt) %
10.75 12.76 18.40 16.45 17.03

The Duckhorn Portfolio Quarterly Data
Jul19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 15.20 16.84 17.93 15.12 14.98

Competitive Comparison of The Duckhorn Portfolio's ROC (Joel Greenblatt) %

For the Beverages - Wineries & Distilleries subindustry, The Duckhorn Portfolio'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.


The Duckhorn Portfolio's ROC (Joel Greenblatt) % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, The Duckhorn Portfolio's ROC (Joel Greenblatt) % distribution charts can be found below:

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



The Duckhorn Portfolio 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.254 + 389.199 + 8.393) - (119.522 + 14.722 + 13.521)
=321.081

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.822 + 392.634 + 12.254) - (35.861 + 8.662 + 14.347)
=397.84

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of The Duckhorn Portfolio for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=105.5/( ( (347.302 + max(321.081, 0)) + (342.398 + max(397.84, 0)) )/ 2 )
=105.5/( ( 668.383 + 740.238 )/ 2 )
=105.5/704.3105
=14.98 %

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


The Duckhorn Portfolio  (NYSE:NAPA) 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.


The Duckhorn Portfolio ROC (Joel Greenblatt) % Related Terms

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


The Duckhorn Portfolio (The Duckhorn Portfolio) Business Description

Traded in Other Exchanges
Address
1201 Dowdell Lane, Saint Helena, CA, USA, 94574
The Duckhorn Portfolio Inc produces luxury and ultra-luxury wine across a portfolio of winery brands, including Duckhorn Vineyards, Paraduxx, Goldeneye, Migration, Decoy, Canvasback, Calera, Kosta Browne, Greenwing, and Postmark. Its revenue is comprised of wholesale and direct-to-consumer sales. Wholesale revenue is generated through sales directly to California retailers and restaurants, sales to distributors and agents located in other states throughout the United States, and sales to export distributors that sell internationally.
Executives
Sullivan Sean B.a. officer: See Remarks 1201 DOWDELL LANE, SAINT HELENA CA 94574
Pete Przybylinski officer: Chief Sales Officer 1201 DOWDELL LANE, SAINT HELENA CA 94574
Zach Rasmuson officer: Chief Operating Officer 1201 DOWDELL LANE, SAINT HELENA CA 94574
Deirdre Mahlan director 1201 DOWDELL LANE, SAINT HELENA CA 94574
Jung Jennifer Fall officer: See Remarks C/O FUNKO, INC., WETMORE AVENUE, EVERETT WA 98201
Mallard Holdco, Llc 10 percent owner C/O TSG CONSUMER PARTNERS LP, 1100 LARKSPUR LANDING CIRCLE, SUITE 360, LARKSPUR CA 94939
Lori Beaudoin officer: Chief Financial Officer 1201 DOWDELL LANE, SAINT HELENA CA 94574
Adriel G Lares director C/O FASTLY, INC., 475 BRANNAN STREET, SUITE 300, SAN FRANCISCO CA 94107
Alex Ryan director, officer: See Remarks 1201 DOWDELL LANE, SAINT HELENA CA 94574
Gayle Bartscherer officer: See Remarks C/O DUCKHORN PORTFOLIO, INC., 1201 DOWDELL AVENUE, SAINT HELENA CA 94574
Carol Reber officer: See Remarks 1201 DOWDELL LANE, SAINT HELENA CA 94574
Michelle J. Gloeckler director C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Charles Esserman director 26 FOX RUN ROAD, NEWINGTON NH 03801
Melanie Cox director C/O REVOLVE GROUP, INC., 12889 MOORE ST., CERRITOS CA 90703
Daniel Costello director 1201 DOWDELL LANE, SAINT HELENA CA 94574