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Ten Lifestyle Group (LSE:TENG) ROC (Joel Greenblatt) % : 44.72% (As of Feb. 2024)


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What is Ten Lifestyle Group 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. Ten Lifestyle Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 44.72%.

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

LSE:TENG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -632.9   Med: -134.5   Max: 58.6
Current: 58.6

During the past 9 years, Ten Lifestyle Group's highest ROC (Joel Greenblatt) % was 58.60%. The lowest was -632.90%. And the median was -134.50%.

LSE:TENG's ROC (Joel Greenblatt) % is ranked better than
83.74% of 824 companies
in the Travel & Leisure industry
Industry Median: 9.315 vs LSE:TENG: 58.60

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


Ten Lifestyle Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Ten Lifestyle Group'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.

Ten Lifestyle Group ROC (Joel Greenblatt) % Chart

Ten Lifestyle Group Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -410.32 -134.50 -111.21 -112.66 52.42

Ten Lifestyle Group Semi-Annual Data
Aug15 Aug16 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -175.44 -43.35 35.99 74.72 44.72

Competitive Comparison of Ten Lifestyle Group's ROC (Joel Greenblatt) %

For the Travel Services subindustry, Ten Lifestyle Group'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.


Ten Lifestyle Group's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ten Lifestyle Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Ten Lifestyle Group 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: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.543 + 0.511 + 1.1) - (5.214 + 0 + 15.776)
=-13.836

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.614 + 0.451 + -3.5527136788005E-15) - (18.292 + 0 + 0.597)
=-6.824

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ten Lifestyle Group for the quarter that ended in Feb. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.348/( ( (2.823 + max(-13.836, 0)) + (3.206 + max(-6.824, 0)) )/ 2 )
=1.348/( ( 2.823 + 3.206 )/ 2 )
=1.348/3.0145
=44.72 %

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


Ten Lifestyle Group  (LSE:TENG) 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.


Ten Lifestyle Group ROC (Joel Greenblatt) % Related Terms

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Ten Lifestyle Group (LSE:TENG) Business Description

Traded in Other Exchanges
N/A
Address
355 Euston Road, 2nd Floor, Fitzroy House, London, GBR, NW1 3AL
Ten Lifestyle Group PLC is a technology-enabled lifestyle and travel platform company. It assists its customers to discover, organize, and book travel, dining, and live entertainment to save time and money. The company's geographical segments include Europe, the Middle East and Africa (EMEA), North and South America (The Americas) and Asia-Pacific (APAC). It offers a range of product platforms such as Ten Digital Platforms Ten MAID (management and information delivery) and others. The company derives revenue mainly from service fees that are paid by its corporate clients, under contracts.

Ten Lifestyle Group (LSE:TENG) Headlines

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