GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » SUPERVALU Inc (NYSE:SVU) » Definitions » ROC (Joel Greenblatt) %

SUPERVALU (SUPERVALU) ROC (Joel Greenblatt) % : -16.96% (As of Aug. 2018)


View and export this data going back to 1967. Start your Free Trial

What is SUPERVALU 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. SUPERVALU's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2018 was -16.96%.

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

SVU's ROC (Joel Greenblatt) % is not ranked *
in the Retail - Defensive industry.
Industry Median: 14.32
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


SUPERVALU ROC (Joel Greenblatt) % Historical Data

The historical data trend for SUPERVALU'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.

SUPERVALU ROC (Joel Greenblatt) % Chart

SUPERVALU Annual Data
Trend Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.46 17.12 16.70 16.78 15.79

SUPERVALU Quarterly Data
Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18
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 9.22 9.76 25.58 0.81 -16.96

Competitive Comparison of SUPERVALU's ROC (Joel Greenblatt) %

For the Grocery Stores subindustry, SUPERVALU'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.


SUPERVALU's ROC (Joel Greenblatt) % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, SUPERVALU's ROC (Joel Greenblatt) % distribution charts can be found below:

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



SUPERVALU 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: May. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(549 + 1013 + 219) - (1133 + 0 + 373)
=275

Working Capital(Q: Aug. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(550 + 1014 + 197) - (1158 + 0 + 373)
=230

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SUPERVALU for the quarter that ended in Aug. 2018 can be restated as:

ROC (Joel Greenblatt) %(Q: Aug. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2018  Q: Aug. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-216/( ( (1048 + max(275, 0)) + (994 + max(230, 0)) )/ 2 )
=-216/( ( 1323 + 1224 )/ 2 )
=-216/1273.5
=-16.96 %

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


SUPERVALU  (NYSE:SVU) 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.


SUPERVALU ROC (Joel Greenblatt) % Related Terms

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


SUPERVALU (SUPERVALU) Business Description

Traded in Other Exchanges
N/A
Address
Supervalu is a U.S.-based company that consists of two segments: wholesale and retail. The wholesale segment provides wholesale distribution and logistics services to independent retail customers. The retail segment operates through region-based banners, including Cub Foods, Shoppers Food & Pharmacy, Shop 'n Save, Farm Fresh, and Hornbacher's, along with a few Rainbow and County Market stores. The company provides a broad range of goods, such as grocery, general merchandise, pharmacy, and home, health, and beauty care. The company focuses its business in the domestic market.
Executives
Mathew Pendo director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Frank A Savage director 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
De Luzuriaga Francesca Ruiz director C/O OFFICE DEPOT, INC., 6600 NORTH MILITARY TRAIL, BOCA RATON, FL X1 33496
Irwin Cohen director BARBARA BUISMAN 11840 VALLEY VIEW ROAD EDEN PRAIREI MN 55344
Philip L Francis director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Mary A Winston director 557 BROADWAY, C/O SCHOLASTIC CORP, NEW YORK NY 10012
David William Johnson officer: VP Controller - CAO 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Donald R Chappel director 600 PEACHTREE STREET N.E.,, 55TH FLOOR, ATLANTA GA 30308
Eric G Johnson director BALDWIN RICHARDSON FOODS CO, 20201 S LAGRANGE RD, FRANKFORT IL 60423
Susan S Grafton officer: SVP Chief Accounting Officer 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55397
Bruce H Besanko officer: EVP Chief Oper Officer and CFO N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Karla C Robertson officer: EVP General Counsel 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Sam K Duncan director, officer: Advisor to the Board 11840 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
Matthew E Rubel director 3231 SE SIXTH AVENUE, TOPEKA KS 66607
Jana Partners Llc 10 percent owner 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153

SUPERVALU (SUPERVALU) Headlines