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Regi US (Regi US) ROC (Joel Greenblatt) %

: -847.27% (As of Jan. 2020)
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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. Regi US's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2020 was -847.27%.

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

RGUS's ROC (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 13.76
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Regi US ROC (Joel Greenblatt) % Historical Data

The historical data trend for Regi US'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.

Regi US Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
ROC (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -2,200.00 -16,851.85 -8,341.18

Regi US Quarterly Data
Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20
ROC (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -12,277.55 -3,644.44 -1,805.13 -1,803.28 -847.27

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Regi US'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.


Regi US ROC (Joel Greenblatt) % Distribution

For the Industrial Products industry and Industrials sector, Regi US's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Regi US 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. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.006 + 0 + 0.017) - (0.942 + 0.023 + 2.2204460492503E-16)
=-0.942

Working Capital(Q: Jan. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.032 + 0.007 + 0.007) - (0.81 + 0.025 + 0)
=-0.789

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Regi US for the quarter that ended in Jan. 2020 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2019  Q: Jan. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.932/( ( (0.104 + max(-0.942, 0)) + (0.116 + max(-0.789, 0)) )/ 2 )
=-0.932/( ( 0.104 + 0.116 )/ 2 )
=-0.932/0.11
=-847.27 %

Note: The EBIT data used here is four times the quarterly (Jan. 2020) 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.


Regi US  (OTCPK:RGUS) 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.


Regi US ROC (Joel Greenblatt) % Related Terms

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


Regi US (Regi US) Business Description

Traded in Other Exchanges
N/A
Address
7520 North Market Street, Suite 10, Spokane, WA, USA, 99217
Regi US Inc is engaged in the business of developing and building axial vane-type rotary devices for civilian, commercial and government applications. The company also owns the intellectual and marketing rights to the RadMax technology. Its product portfolio consists of RadMax Engine, RadMax Pump, RadMax Compressor, and RadMax Rotary Gas Expander.
Executives
Paul Willard Chute director, officer: CEO 7520 N. MARKET ST. #10 SPOKANE WA 99217
Paul L. Porter director, officer: President 19315 N. NORTHLANE COLBERT WA 99005
Michael S. Urso other: Employee 7520 N. MARKET STREET #10 SPOKANE WA 99217
Lynn L Petersen director, officer: VP. 8306 N. FOREST CT. SPOKANE WA 99208
James W Slinger director 405 BLAKERIDGE LN WATSONVILLE CA 95076
Susanne Robertson director 1110-5177 BRIGHOUSE WAY RICHMOND BC A1 V7E 2Z3
Jina Liu director 15 OAKCREST AVE UNIONVILLE A6 L3R2B9
Victoria Huang officer: Chief Financial Officer SUITE 500-666 BURRARD STREET VANCOUVER A1 V6C3P6
Jgr Petroleum Inc other: Related Company 1103 11871 HORSEHOE WAY RICHMOND A1 999999999
John Robertson director 1103 11871 HORSEHOE WAY RICHMOND A1 999999999
Rand Energy Group Inc other: RELATED COMPANY 1103 11871 HORSEHOE WAY RICHMOND A1 999999999
Smr Investments Ltd other: Related Company 240 - 11780 HAMMERSMITH WAY RICHMOND A1 V7A 5E9
James Vandeberg director, officer: CFO 10710 NE 10TH STREET #1307, BELLEVUE WA 98004
Jennifer Lorette director 240 - 11780 HAMMERSMITH WAY RICHMOND A1 V7A 5E9
Reg Technologies Inc 10 percent owner 2161 YONGE STREET, SUITE 210 TORONTO A6 M4S 3A6