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Schloss Wachenheim AG (XTER:SWA) ROC (Joel Greenblatt) % : -3.26% (As of Mar. 2024)


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What is Schloss Wachenheim AG 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. Schloss Wachenheim AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.26%.

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

XTER:SWA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.27   Med: 15.19   Max: 15.69
Current: 4.27

During the past 13 years, Schloss Wachenheim AG's highest ROC (Joel Greenblatt) % was 15.69%. The lowest was 4.27%. And the median was 15.19%.

XTER:SWA's ROC (Joel Greenblatt) % is ranked worse than
68.69% of 214 companies
in the Beverages - Alcoholic industry
Industry Median: 15.81 vs XTER:SWA: 4.27

Schloss Wachenheim AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.30% per year.


Schloss Wachenheim AG ROC (Joel Greenblatt) % Historical Data

The historical data trend for Schloss Wachenheim AG'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.

Schloss Wachenheim AG ROC (Joel Greenblatt) % Chart

Schloss Wachenheim AG Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.04 10.97 13.50 15.33 12.68

Schloss Wachenheim AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 25.08 2.07 8.39 12.10 -3.26

Competitive Comparison of Schloss Wachenheim AG's ROC (Joel Greenblatt) %

For the Beverages - Wineries & Distilleries subindustry, Schloss Wachenheim AG'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.


Schloss Wachenheim AG's ROC (Joel Greenblatt) % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Schloss Wachenheim AG's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Schloss Wachenheim AG 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)
=(63.277 + 153.834 + 0.41800000000001) - (92.221 + 0 + 6.948)
=118.36

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.2 + 146.284 + 1.664) - (88.678 + 0 + 7.588)
=113.882

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Schloss Wachenheim AG for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.572/( ( (112.998 + max(118.36, 0)) + (119.626 + max(113.882, 0)) )/ 2 )
=-7.572/( ( 231.358 + 233.508 )/ 2 )
=-7.572/232.433
=-3.26 %

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


Schloss Wachenheim AG  (XTER:SWA) 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.


Schloss Wachenheim AG ROC (Joel Greenblatt) % Related Terms

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Schloss Wachenheim AG (XTER:SWA) Business Description

Traded in Other Exchanges
Address
Niederkircher Strasse 27, Trier, DEU, 54294
Schloss Wachenheim AG is a producer and supplier of sparkling wine. It offers sparkling, semi-sparkling and carbonated sparkling wine products, non-alcoholic sparkling wine, imported wine from Italy and Romania and other wine-based beverages.

Schloss Wachenheim AG (XTER:SWA) Headlines

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