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RJD Green (RJD Green) ROC (Joel Greenblatt) % : 51.70% (As of Aug. 2023)


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What is RJD Green 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. RJD Green's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 51.70%.

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

RJDG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 51.7   Med: 302.4   Max: 786.78
Current: 51.7

During the past 9 years, RJD Green's highest ROC (Joel Greenblatt) % was 786.78%. The lowest was 51.70%. And the median was 302.40%.

RJDG's ROC (Joel Greenblatt) % is ranked better than
80.92% of 524 companies
in the Conglomerates industry
Industry Median: 15.43 vs RJDG: 51.70

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


RJD Green ROC (Joel Greenblatt) % Historical Data

The historical data trend for RJD Green'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.

RJD Green ROC (Joel Greenblatt) % Chart

RJD Green Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only - 533.33 786.78 71.46 51.70

RJD Green Semi-Annual Data
Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug22 Aug23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - 533.33 786.78 71.46 51.70

Competitive Comparison of RJD Green's ROC (Joel Greenblatt) %

For the Conglomerates subindustry, RJD Green'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.


RJD Green's ROC (Joel Greenblatt) % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, RJD Green's ROC (Joel Greenblatt) % distribution charts can be found below:

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



RJD Green 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: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.426 + 0.592 + 0.052) - (0.407 + 0 + 0)
=0.663

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.445 + 0.734 + 0.038) - (0.327 + 0 + 0)
=0.89

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of RJD Green for the quarter that ended in Aug. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.645/( ( (0.486 + max(0.663, 0)) + (0.456 + max(0.89, 0)) )/ 2 )
=0.645/( ( 1.149 + 1.346 )/ 2 )
=0.645/1.2475
=51.70 %

Note: The EBIT data used here is one times the annual (Aug. 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.


RJD Green  (OTCPK:RJDG) 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.


RJD Green ROC (Joel Greenblatt) % Related Terms

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RJD Green (RJD Green) Business Description

Traded in Other Exchanges
N/A
Address
5151 South Mingo Road, Suite F, Tulsa, OK, USA, 741146
RJD Green Inc a development stage company. The company is focused on acquiring and managing assets and companies. It operates in three sectors namely Green environmental, Energy and Specialty contracting services sectors.