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Unique Logistics International (Unique Logistics International) ROC (Joel Greenblatt) % : -159.45% (As of Feb. 2024)


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What is Unique Logistics International 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. Unique Logistics International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -159.45%.

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

UNQL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -43.7   Med: 79.68   Max: 134.82
Current: -43.7

During the past 4 years, Unique Logistics International's highest ROC (Joel Greenblatt) % was 134.82%. The lowest was -43.70%. And the median was 79.68%.

UNQL's ROC (Joel Greenblatt) % is ranked worse than
95.67% of 971 companies
in the Transportation industry
Industry Median: 12.46 vs UNQL: -43.70

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


Unique Logistics International ROC (Joel Greenblatt) % Historical Data

The historical data trend for Unique Logistics International'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.

Unique Logistics International ROC (Joel Greenblatt) % Chart

Unique Logistics International Annual Data
Trend May20 May21 May22 May23
ROC (Joel Greenblatt) %
-16.00 89.90 134.82 69.46

Unique Logistics International Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 7.47 49.86 -19.94 -25.01 -159.45

Competitive Comparison of Unique Logistics International's ROC (Joel Greenblatt) %

For the Integrated Freight & Logistics subindustry, Unique Logistics International'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.


Unique Logistics International's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Unique Logistics International's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Unique Logistics International's ROC (Joel Greenblatt) % falls into.



Unique Logistics International 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: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(39.206 + 0 + 5.982) - (28.481 + 0 + 0)
=16.707

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.059 + 0 + 5.374) - (36.311 + 0 + 0)
=11.122

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Unique Logistics International for the quarter that ended in Feb. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-38.836/( ( (10.665 + max(16.707, 0)) + (10.218 + max(11.122, 0)) )/ 2 )
=-38.836/( ( 27.372 + 21.34 )/ 2 )
=-38.836/24.356
=-159.45 %

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


Unique Logistics International  (OTCPK:UNQL) 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.


Unique Logistics International ROC (Joel Greenblatt) % Related Terms

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Unique Logistics International (Unique Logistics International) Business Description

Traded in Other Exchanges
N/A
Address
154-09, 146th Avenue, Jamaica, NY, USA, 11434
Unique Logistics International Inc is a logistics and freight forwarding company. Its services include Air Freight, Ocean Freight, Customs Brokerage, Insurance, Domestic Distribution, and DDP and Fiscal Representation. Geographically, it derives a majority of its revenue from China, Hong Kong and Taiwan.
Executives
Migdalia Diaz officer: Chief Operating Officer 3722 CASTEEL PARK DRIVE, MARIETTA GA 30064
Sunandan Ray director, officer: Chief Executive Officer 320 SOUTHDOWN ROAD, LLYOD HARBOR NY 11743
Lee Patrick Man Bun director UNIT 05-06, 3/F, ENTERPRISE SQUARE, 9 SHEUNG YUET RD, KOWLOON BAY, KOWLOON K3 1703
David S. Briones director C/O PETRO RIVER OIL COMPANY, 1980 POST OAK BLVD., SUITE 2020, HOUSTON TX 77056
Sterling C. Barton 10 percent owner 823 SOUTH SIXTH STREET, SUITE 100, LAS VEGAS NV 89101
Keith S. Barton 10 percent owner 488 MADISON AVENUE, SUITE 1100, NEW YORK NY 10022
Gcnd, Inc. 10 percent owner C/O GARY WOLF ESQ., 488 MADISON AVE., STE. 1100, NEW YORK NY 10022

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