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UHF Logistics Group (UHF Logistics Group) ROC (Joel Greenblatt) % : -4,325.00% (As of Nov. 2010)


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What is UHF Logistics 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. UHF Logistics Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2010 was -4,325.00%.

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

RGLG's ROC (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -22.58
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


UHF Logistics Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for UHF Logistics 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.

UHF Logistics Group ROC (Joel Greenblatt) % Chart

UHF Logistics Group Annual Data
Trend Feb06 Feb07 Feb08 Feb09 Feb10
ROC (Joel Greenblatt) %
- -5,000.00 -3,200.00 -8,733.33 -4,350.00

UHF Logistics Group Quarterly Data
Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10
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 -3,644.44 -4,533.33 -9,040.00 -130,171.43 -4,325.00

Competitive Comparison of UHF Logistics Group's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, UHF Logistics 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.


UHF Logistics Group's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, UHF Logistics Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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



UHF Logistics 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. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.031 + 0 + 1.3877787807814E-17) - (0.156 + 0 + 0)
=-0.125

Working Capital(Q: Nov. 2010 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.127 + 0.014 + 0) - (0.22 + 0 + 0)
=-0.079

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of UHF Logistics Group for the quarter that ended in Nov. 2010 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2010 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2010  Q: Nov. 2010
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.692/( ( (0.016 + max(-0.125, 0)) + (0.016 + max(-0.079, 0)) )/ 2 )
=-0.692/( ( 0.016 + 0.016 )/ 2 )
=-0.692/0.016
=-4,325.00 %

Note: The EBIT data used here is four times the quarterly (Nov. 2010) 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.


UHF Logistics Group  (OTCPK:RGLG) 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.


UHF Logistics Group ROC (Joel Greenblatt) % Related Terms

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UHF Logistics Group (UHF Logistics Group) Business Description

Traded in Other Exchanges
N/A
Address
3649 Brunswick Avenue North, Minneapolis, MN, USA, 55422
UHF Logistics Group Inc is engaged in providing consulting services to private companies for purposes of expansion.

UHF Logistics Group (UHF Logistics Group) Headlines