GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bravo Brio Restaurant Group Inc (NAS:BBRG) » Definitions » ROC (Joel Greenblatt) %

Bravo Brio Restaurant Group (Bravo Brio Restaurant Group) ROC (Joel Greenblatt) % : -1.50% (As of Mar. 2018)


View and export this data going back to 2010. Start your Free Trial

What is Bravo Brio Restaurant Group 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. Bravo Brio Restaurant Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was -1.50%.

The historical rank and industry rank for Bravo Brio Restaurant Group's ROC (Joel Greenblatt) % or its related term are showing as below:

BBRG's ROC (Joel Greenblatt) % is not ranked *
in the Restaurants industry.
Industry Median: 9.275
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Bravo Brio Restaurant Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Bravo Brio Restaurant Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bravo Brio Restaurant Group'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.

Bravo Brio Restaurant Group ROC (Joel Greenblatt) % Chart

Bravo Brio Restaurant Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.11 8.88 7.67 0.15 1.90

Bravo Brio Restaurant Group Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 3.04 7.53 -5.31 1.92 -1.50

Competitive Comparison of Bravo Brio Restaurant Group's ROC (Joel Greenblatt) %

For the Restaurants subindustry, Bravo Brio Restaurant Group'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.


Bravo Brio Restaurant Group's ROC (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bravo Brio Restaurant Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bravo Brio Restaurant Group's ROC (Joel Greenblatt) % falls into.



Bravo Brio Restaurant Group 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. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.397 + 3.077 + 2.06) - (33.189 + 27.033 + 5.482)
=-50.17

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.527 + 2.909 + 4.464) - (35.803 + 22.965 + 0)
=-44.868

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bravo Brio Restaurant Group for the quarter that ended in Mar. 2018 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.756/( ( (121.251 + max(-50.17, 0)) + (113.022 + max(-44.868, 0)) )/ 2 )
=-1.756/( ( 121.251 + 113.022 )/ 2 )
=-1.756/117.1365
=-1.50 %

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


Bravo Brio Restaurant Group  (NAS:BBRG) 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.


Bravo Brio Restaurant Group ROC (Joel Greenblatt) % Related Terms

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


Bravo Brio Restaurant Group (Bravo Brio Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
Bravo Brio Restaurant Group, Inc. is in the restaurant business. It has only one reportable segment that is Upscale Affordable Dining segment. The company owns and operates two distinct Italian restaurant brands, BRAVO! Cucina Italiana and BRIO Tuscan Grille. The company also operates one full-service upscale affordable American-French bistro restaurant in Columbus, Ohio under the brand Bon Vie. The company currently operates nearly 51 Bravo! Cucina Italiana restaurants, nearly 65 Brio Tuscan Grille restaurants, and one Bon Vie restaurant in nearly 33 states throughout the United States of America.
Executives
David Bruce Pittaway director 150 E 58TH ST, STE 3700, NEW YORK NY 10155
Rosser Harold O Ii director CBR ACQUISITION LLC C/O BUCKMANN ROSSER, 126 E 56TH ST, NEW YORK NY 10022
Thomas J Baldwin director C/O BRUCKMANN, ROSSER, SHERRILL & CO,LLC, 126 EAST 56TH STREET, NEW YORK NY 10022
James S Gulmi director GENESCO INC, 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Saed Mohseni director, officer: Chief Executive Officer 720 SW WASHINGTON STREET, SUITE 550, PORTLAND OR 97205
Bruckmann Rosser Sherrill & Co Ii Lp 10 percent owner 126 EAST 56TH ST, 29TH FL, NEW YORK NY 10022
Allen J Bernstein director 3333 NEW HYDE PARK RD, STE 210, NEW HYDE PARK NY 11042

Bravo Brio Restaurant Group (Bravo Brio Restaurant Group) Headlines

From GuruFocus

Zeke Ashton's Top Second Quarter Portfolio Increases

By Monica Wolfe Monica Wolfe 08-23-2013

CEO of Bravo Brio Restaurant Group Inc. Buys 6,400 Shares

By GuruFocus GuruFocus 08-06-2012