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George Risk Industries (George Risk Industries) ROC (Joel Greenblatt) % : 39.67% (As of Jan. 2024)


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What is George Risk Industries 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. George Risk Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 39.67%.

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

RSKIA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 37.81   Med: 72.74   Max: 154.9
Current: 40.13

During the past 13 years, George Risk Industries's highest ROC (Joel Greenblatt) % was 154.90%. The lowest was 37.81%. And the median was 72.74%.

RSKIA's ROC (Joel Greenblatt) % is ranked better than
63.54% of 1067 companies
in the Business Services industry
Industry Median: 20.65 vs RSKIA: 40.13

George Risk Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.20% per year.


George Risk Industries ROC (Joel Greenblatt) % Historical Data

The historical data trend for George Risk Industries'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.

George Risk Industries ROC (Joel Greenblatt) % Chart

George Risk Industries Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.63 37.81 65.83 55.11 38.37

George Risk Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 27.71 34.50 32.36 51.30 39.67

Competitive Comparison of George Risk Industries's ROC (Joel Greenblatt) %

For the Security & Protection Services subindustry, George Risk Industries'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.


George Risk Industries's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, George Risk Industries's ROC (Joel Greenblatt) % distribution charts can be found below:

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



George Risk Industries 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.064 + 12.608 + 0.504) - (3.452 + 0.017 + 0)
=13.707

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.059 + 12.088 + 0.534) - (3.783 + 0.038 + 4.4408920985006E-16)
=12.86

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of George Risk Industries for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6.072/( ( (2.06 + max(13.707, 0)) + (1.987 + max(12.86, 0)) )/ 2 )
=6.072/( ( 15.767 + 14.847 )/ 2 )
=6.072/15.307
=39.67 %

Note: The EBIT data used here is four times the quarterly (Jan. 2024) 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.


George Risk Industries  (OTCPK:RSKIA) 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.


George Risk Industries ROC (Joel Greenblatt) % Related Terms

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


George Risk Industries (George Risk Industries) Business Description

Traded in Other Exchanges
N/A
Address
802 South Elm Street, Kimball, NE, USA, 69145
George Risk Industries Inc manufactures security products. The company is engaged in the designing, manufacturing, and sale of various products which include magnetic reed switches as well as keyboards and keyboard switches, proximity sensors, security alarm components, pool access alarms, liquid detection sensors, raceway wire covers, wire, and cable installation tools and various other sensors and devices. These security products are used in alarm system installations in the residential, commercial, industrial, and government sectors and generate maximum revenue for the company.
Executives
Bonita Risk Family Irrevocable Trust 10 percent owner 705 JEFFERSON ST., KIMBALL NE 69145
Kenneth R. Risk Revocable Trust Now Irrevocable 10 percent owner 214 W. 9TH ST., KIMBALL NE 69145
Bonita Pauline Risk director 802 S. ELM ST., KIMBALL NE 69145
Stephanie Maire Risk-mcelroy officer: Chief Financial Officer 802 S. ELM ST., KIMBALL NE 69145
Sharon Alberta Westby officer: Secretary 802 S. ELM ST., KIMBALL NE 69145
Donna Dean Debowey director 802 S. ELM ST., KIMBALL NE 69145
Daniel Roger Douglas officer: Vice President, Materials 802 S. ELM ST., KIMBALL NE 69145

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