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Cafe de Coral Holdings (Cafe de Coral Holdings) ROC (Joel Greenblatt) % : 14.48% (As of Sep. 2023)


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What is Cafe de Coral 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. Cafe de Coral Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 14.48%.

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

CFCGF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.76   Med: 17.49   Max: 37.78
Current: 9.13

During the past 13 years, Cafe de Coral Holdings's highest ROC (Joel Greenblatt) % was 37.78%. The lowest was 3.76%. And the median was 17.49%.

CFCGF's ROC (Joel Greenblatt) % is ranked worse than
50.57% of 348 companies
in the Restaurants industry
Industry Median: 9.25 vs CFCGF: 9.13

Cafe de Coral Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -22.40% per year.


Cafe de Coral Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Cafe de Coral 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.

Cafe de Coral Holdings ROC (Joel Greenblatt) % Chart

Cafe de Coral Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.61 5.12 12.11 3.74 6.23

Cafe de Coral Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7.72 -0.12 8.50 3.82 14.48

Competitive Comparison of Cafe de Coral Holdings's ROC (Joel Greenblatt) %

For the Restaurants subindustry, Cafe de Coral 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.


Cafe de Coral Holdings's ROC (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cafe de Coral Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Cafe de Coral Holdings's ROC (Joel Greenblatt) % falls into.



Cafe de Coral 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: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.666 + 34.177 + 6.287) - (132.406 + 0 + 0)
=-82.276

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.166 + 36.39 + 7.196) - (132.923 + 0 + 0)
=-79.171

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Cafe de Coral Holdings for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=74.046/( ( (513.571 + max(-82.276, 0)) + (509.312 + max(-79.171, 0)) )/ 2 )
=74.046/( ( 513.571 + 509.312 )/ 2 )
=74.046/511.4415
=14.48 %

Note: The EBIT data used here is two times the semi-annual (Sep. 2023) 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.


Cafe de Coral Holdings  (OTCPK:CFCGF) 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.


Cafe de Coral Holdings ROC (Joel Greenblatt) % Related Terms

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Cafe de Coral Holdings (Cafe de Coral Holdings) Business Description

Traded in Other Exchanges
Address
No. 5-13 Wo Shui Street, Fo Tan, 10th Floor, Cafe de Coral Centre, Shatin, New Territories, Hong Kong, HKG
Cafe de Coral Holdings Ltd is a restaurant and catering company. It operates quick service restaurants and institutional catering, fast casual and casual dining chains, as well as food processing and distribution business. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China.

Cafe de Coral Holdings (Cafe de Coral Holdings) Headlines

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