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Rogers Sugar (Rogers Sugar) ROC (Joel Greenblatt) % : 19.08% (As of Dec. 2023)


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What is Rogers Sugar 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. Rogers Sugar's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.08%.

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

RSGUF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.42   Med: 18.07   Max: 36.96
Current: 17.52

During the past 13 years, Rogers Sugar's highest ROC (Joel Greenblatt) % was 36.96%. The lowest was 3.42%. And the median was 18.07%.

RSGUF's ROC (Joel Greenblatt) % is ranked better than
63.48% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 11.055 vs RSGUF: 17.52

Rogers Sugar's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -8.60% per year.


Rogers Sugar ROC (Joel Greenblatt) % Historical Data

The historical data trend for Rogers Sugar'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.

Rogers Sugar ROC (Joel Greenblatt) % Chart

Rogers Sugar Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 17.64 21.21 3.34 18.80

Rogers Sugar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 21.32 16.09 17.99 16.72 19.08

Competitive Comparison of Rogers Sugar's ROC (Joel Greenblatt) %

For the Confectioners subindustry, Rogers Sugar'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.


Rogers Sugar's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rogers Sugar's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Rogers Sugar 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.375 + 197.523 + 11.437) - (103.032 + 0 + 20.358)
=165.945

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(69.065 + 178.406 + 24.705) - (98.945 + 0 + 2.032)
=171.199

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Rogers Sugar for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=74.912/( ( (219.613 + max(165.945, 0)) + (228.383 + max(171.199, 0)) )/ 2 )
=74.912/( ( 385.558 + 399.582 )/ 2 )
=74.912/392.57
=19.08 %

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


Rogers Sugar  (OTCPK:RSGUF) 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.


Rogers Sugar ROC (Joel Greenblatt) % Related Terms

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Rogers Sugar (Rogers Sugar) Business Description

Traded in Other Exchanges
Address
123 Rogers Street, Vancouver, BC, CAN, V6B 3V2
Rogers Sugar Inc is a Canada-based sugar-producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include Brown sugar, Yellow sugar, Icing sugar and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.

Rogers Sugar (Rogers Sugar) Headlines

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