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Anywhere Real Estate (Anywhere Real Estate) ROC (Joel Greenblatt) % : -55.19% (As of Mar. 2024)


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What is Anywhere Real Estate 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. Anywhere Real Estate's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -55.19%.

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

HOUS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.59   Med: 111.85   Max: 224.66
Current: 12.5

During the past 13 years, Anywhere Real Estate's highest ROC (Joel Greenblatt) % was 224.66%. The lowest was -41.59%. And the median was 111.85%.

HOUS's ROC (Joel Greenblatt) % is ranked better than
52.8% of 1784 companies
in the Real Estate industry
Industry Median: 10.685 vs HOUS: 12.50

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


Anywhere Real Estate ROC (Joel Greenblatt) % Historical Data

The historical data trend for Anywhere Real Estate'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.

Anywhere Real Estate ROC (Joel Greenblatt) % Chart

Anywhere Real Estate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.47 -41.59 81.70 -27.96 4.15

Anywhere Real Estate 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 -79.78 34.96 121.23 -56.93 -55.19

Competitive Comparison of Anywhere Real Estate's ROC (Joel Greenblatt) %

For the Real Estate Services subindustry, Anywhere Real Estate'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.


Anywhere Real Estate's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Anywhere Real Estate's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Anywhere Real Estate's ROC (Joel Greenblatt) % falls into.



Anywhere Real Estate 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(105 + 0 + 231) - (405 + 82 + 176)
=-327

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(109 + 0 + 230) - (614 + 0 + 0)
=-275

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Anywhere Real Estate for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-356/( ( (660 + max(-327, 0)) + (630 + max(-275, 0)) )/ 2 )
=-356/( ( 660 + 630 )/ 2 )
=-356/645
=-55.19 %

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


Anywhere Real Estate  (NYSE:HOUS) 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.


Anywhere Real Estate ROC (Joel Greenblatt) % Related Terms

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Anywhere Real Estate (Anywhere Real Estate) Business Description

Traded in Other Exchanges
Address
175 Park Avenue, Madison, NJ, USA, 07940
Anywhere Real Estate Inc provides integrated real estate services in the United States. Operations are divided into the following divisions: Anywhere Brands (Franchise Group), Anywhere Advisors (Owned Brokerage Group), and Anywhere Integrated Services (Title Group). The majority of revenue is derived from the Anywhere Advisors (Owned Brokerage Group) segment.
Executives
Michael J Williams director 1100 15TH STREET NW, WASHINGTON DC 20005
Enrique Silva director 175 PARK AVENUE, MADISON NJ 07940
Perry Egbert L. J. director C/O ANYWHERE REAL ESTATE INC., 1, MADISON NJ 07940
Nashira W. Layade officer: EVP & CTO, Technology Services 175 PARK AVE., MADISON NJ 07940
Donald J Casey officer: Pres/CEO, Title Resource Group 175 PARK AVENUE, MADISON NJ 07940
Timothy B. Gustavson officer: SVP, CHIEF ACCOUNTING OFFICER 175 PARK AVE., MADISON NJ 07940
Marilyn J. Wasser officer: EVP, General Counsel and Sect. 175 PARK AVENUE, MADISON NJ 07940
Melissa K Mcsherry officer: Chief Operating Officer 175 PARK AVENUE, MADISON NJ 07940
Felicia Williams director C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Tanya Reu-narvaez officer: Chief People Officer 175 PARK AVE, MADISON NJ 07940
Susan Yannaccone officer: Pres/CEO Realogy Franchise Grp 175 PARK AVE., MADISON NJ 07940
Muhammad Rizwan Akhtar officer: EVP & CTO, Business Technology 175 PARK AVE., MADISON NJ 07940
V Ann Hailey director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Katrina L Helmkamp officer: Pres/CEO, Cartus Corporation 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Ryan M. Schneider director, officer: President and COO 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102