GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Crystal Rock Holdings Inc (AMEX:CRVP) » Definitions » ROC (Joel Greenblatt) %

Crystal Rock Holdings (Crystal Rock Holdings) ROC (Joel Greenblatt) % : -29.44% (As of Jan. 2018)


View and export this data going back to 1994. Start your Free Trial

What is Crystal Rock 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. Crystal Rock Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2018 was -29.44%.

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

CRVP's ROC (Joel Greenblatt) % is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 19.105
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Crystal Rock Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Crystal Rock 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.

Crystal Rock Holdings ROC (Joel Greenblatt) % Chart

Crystal Rock Holdings Annual Data
Trend Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.93 12.60 5.72 29.18 16.70

Crystal Rock Holdings Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 7.98 9.64 17.75 26.45 -29.44

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

For the Beverages - Non-Alcoholic subindustry, Crystal Rock 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.


Crystal Rock Holdings's ROC (Joel Greenblatt) % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Crystal Rock Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Crystal Rock 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: Oct. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.013 + 2.201 + 1.213) - (3.985 + 0.615 + 0)
=5.827

Working Capital(Q: Jan. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.769 + 2.124 + 1.543) - (3.78 + 0.613 + 0.0010000000000012)
=6.042

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Crystal Rock Holdings for the quarter that ended in Jan. 2018 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2017  Q: Jan. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.712/( ( (6.851 + max(5.827, 0)) + (6.497 + max(6.042, 0)) )/ 2 )
=-3.712/( ( 12.678 + 12.539 )/ 2 )
=-3.712/12.6085
=-29.44 %

Note: The EBIT data used here is four times the quarterly (Jan. 2018) 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.


Crystal Rock Holdings  (AMEX:CRVP) 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.


Crystal Rock Holdings ROC (Joel Greenblatt) % Related Terms

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


Crystal Rock Holdings (Crystal Rock Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Crystal Rock Holdings Inc is engaged in the production, marketing and distribution of Bottled water and the distribution of coffee including ancillary products and office refreshment products and office products. The company markets and sells its products under the Crystal Rock and Vermont pure, Cool beans and Crystal rock office brand names. Its products include bottled water, water coolers, brewers, paper ink and toner, and furniture. Majority of its revenue is generated from sale Bottled water followed by Coffee and Refreshment.
Executives
Ab Value Management Llc 10 percent owner 208 LENOX AVE, #409, WESTFIELD NJ 07090
Lori J Schafer director 38 CORPORATE CIRCLE, ALBANY NY 12203

Crystal Rock Holdings (Crystal Rock Holdings) Headlines

No Headlines