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OneSpaWorld Holdings (OneSpaWorld Holdings) ROC (Joel Greenblatt) % : 16.50% (As of Dec. 2023)


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What is OneSpaWorld Holdings 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. OneSpaWorld Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.50%.

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

OSW' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -788.68   Med: 43.1   Max: 195.7
Current: 99.1

During the past 8 years, OneSpaWorld Holdings's highest ROC (Joel Greenblatt) % was 195.70%. The lowest was -788.68%. And the median was 43.10%.

OSW's ROC (Joel Greenblatt) % is ranked better than
89.55% of 823 companies
in the Travel & Leisure industry
Industry Median: 9.25 vs OSW: 99.10

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


OneSpaWorld Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for OneSpaWorld Holdings'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.

OneSpaWorld Holdings ROC (Joel Greenblatt) % Chart

OneSpaWorld Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial - -788.68 -256.13 195.70 34.98

OneSpaWorld Holdings Quarterly Data
Jun19 Sep19 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 -77.84 8.64 183.30 16.50 207.73

Competitive Comparison of OneSpaWorld Holdings's ROC (Joel Greenblatt) %

For the Leisure subindustry, OneSpaWorld Holdings'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.


OneSpaWorld Holdings's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, OneSpaWorld Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



OneSpaWorld Holdings 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)
=(47.694 + 43.843 + 13.849) - (77.777 + 0 + 1.049)
=26.56

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.784 + 47.504 + 10.73) - (77.696 + 0 + 0.899)
=20.423

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of OneSpaWorld Holdings 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 )
=8.308/( ( (26.566 + max(26.56, 0)) + (27.138 + max(20.423, 0)) )/ 2 )
=8.308/( ( 53.126 + 47.561 )/ 2 )
=8.308/50.3435
=16.50 %

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.


OneSpaWorld Holdings  (NAS:OSW) 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.


OneSpaWorld Holdings ROC (Joel Greenblatt) % Related Terms

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


OneSpaWorld Holdings (OneSpaWorld Holdings) Business Description

Traded in Other Exchanges
Address
Pineapple Business Park, Office Number 2, P.O. Box N-624, Airport Industrial Park, Nassau, BHS
OneSpaWorld Holdings Ltd is an operator of health and wellness centers onboard cruise ships and an operator of health and wellness centers at destination resorts worldwide. It offers a suite of premium health, fitness, beauty, and wellness services and products. The services provided by the company include body, salon, and skin care services and products, fitness classes and personal fitness training and pain management, detoxifying programs, and comprehensive body composition analyses among others. The company has only one single segment of Maritime and Destination Resorts.
Executives
Steiner Leisure Ltd director, 10 percent owner STE 104A, SAFFREY SQ, NASSAU C5 00000
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Walter Field Mclallen director 1225 17TH AVE SOUTH, NASHVILLE TN 37212
Lisa Myers director LOBOSKY MANAGEMENT CO. LTD., OFFICE #2, AIRPORT INDUSTRIAL PARK, BOX N-624, NASSAU C5 0000
Stephen Lazarus officer: See Remarks C/O STEINER MANAGEMENT SERVICES, 770 S. DIXIE HWY. #200, CORAL GABLES FL 33145
Leonard I Fluxman director, officer: Executive Chairman STEINER LEISURE LIMITED, 770 S DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Steven J Heyer director, officer: Vice Chairman 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen W. Powell director 770 S. DIXIE HIGHWAY, SUITE 200, CORAL GABLES FL 33146
Glenn Fusfield director, officer: Chief Executive Officer STEINER LEISURE LTD, 770 SOUTH DIXIE HIGHWAY SUITE 200, CORAL GABLES FL 33146
Susan Reardon Bonner officer: Chief Commercial Officer C/O ONESPAWORLD, 770 SOUTH DIXIE HIGHWAY, CORAL GABLES FL 33146
Adam Hasiba director 770 SOUTH DIXIE HWY, SUITE 200, CORAL GABLES FL 33146
Maryam Banikarim director C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Marc Magliacano director C/O CATTERTON MANAGEMENT COMPANY LLC, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Nemo Investor Aggregator, Ltd 10 percent owner C/O CATTERTON MANAGEMENT COMPANY LLC, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830

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