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Revlon (Revlon) ROC (Joel Greenblatt) % : -45.72% (As of Dec. 2022)


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What is Revlon 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. Revlon's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -45.72%.

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

REVRQ's ROC (Joel Greenblatt) % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 11.04
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Revlon ROC (Joel Greenblatt) % Historical Data

The historical data trend for Revlon'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.

Revlon ROC (Joel Greenblatt) % Chart

Revlon Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.32 4.60 -31.42 7.71 -62.62

Revlon Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 36.75 3.53 -132.17 -49.26 -45.72

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

For the Household & Personal Products subindustry, Revlon'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.


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

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

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



Revlon 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(319 + 456 + 217.2) - (430.2 + 0 + 62.3)
=499.7

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(352.7 + 469.3 + 115.4) - (440.5 + 0 + 66.7)
=430.2

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Revlon for the quarter that ended in Dec. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-327.2/( ( (249.9 + max(499.7, 0)) + (251.6 + max(430.2, 0)) )/ 2 )
=-327.2/( ( 749.6 + 681.8 )/ 2 )
=-327.2/715.7
=-45.72 %

Note: The EBIT data used here is four times the quarterly (Dec. 2022) 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.


Revlon  (OTCPK:REVRQ) 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.


Revlon ROC (Joel Greenblatt) % Related Terms

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


Revlon (Revlon) Business Description

Traded in Other Exchanges
N/A
Address
55 Water Street, New York, NY, USA, 10041
Revlon Inc is a company that is principally engaged in the cosmetics industry. The company's reportable segments include Revlon, Elizabeth Arden, Portfolio and Fragrances. It generates maximum revenue from the Revlon segment. Geographically, it operates in North America, EMEA, Asia, Latin America and the Pacific of which the North America region derives the majority of revenue. Some of the company brands include Revlon, Elizabeth Arden, Almay, Revlon Professional, American Crew, CND, and Mitchum brands. The company distributes and sell its products to large volume retailers, chain drug and food stores, chemist shops, hypermarkets, general merchandise stores, e-commerce sites, television shopping, department stores, professional hair and nail salons, and specialty cosmetic stores.
Executives
Debra Golding Perelman director 35 EAST 62ND STREET, NEW YORK NY 10065
Ronald O Perelman director, 10 percent owner 35 EAST 62ND STREET, NEW YORK NY 10021
Matthew Kvarda officer: Interim CFO ONE NEW YORK PLAZA, NEW YORK NY 10004
Christine C. Chen officer: Interim CAO & Controller ONE NEW YORK PLAZA, NEW YORK NY 10004
Beril Yildiz officer: VP, CAO & Controller ONE NEW YORK PLAZA, NEW YORK NY 10004
E Scott Beattie director C/O ELIZABETH ARDEN, INC., 2400 SW 145 AVENUE, 2ND FLOOR, MIRAMAR FL 33027
Sergio Pedreiro officer: Chief Operating Officer 2 PARK AVENUE, NEW YORK NY 10016
Mitra O'neill director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Victor K Nichols director 130 MERCHANT STREET, HONOLULU HI 96813
Nicole Avant director ONE NEW YORK PLAZA, 50TH FLOOR, NEW YORK NY 10004
Pamela Bucher officer: VP, CAO & Controller ONE NEW YORK PLAZA, 50TH FLOOR, NEW YORK NY 10004
Victoria L Dolan officer: CHIEF FINANCIAL OFFICER C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Wendel Kralovich officer: SVP, CAO & Controller 1 NEW YORK PLAZA, NEW YORK NY 10004
Jamie Sanchez officer: Interim CAO & Controller 1 NEW YORK PLAZA, NEW YORK NY 10004
Kristin A Dolan director C/O MSG TWO PENN PLAZA, 26TH FLOOR, NEW YORK NY 10121