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Supreme Industries (Supreme Industries) ROC (Joel Greenblatt) % : 37.43% (As of Jun. 2017)


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What is Supreme 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. Supreme Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was 37.43%.

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

STS's ROC (Joel Greenblatt) % is not ranked *
in the Transportation industry.
Industry Median: 12.61
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Supreme Industries ROC (Joel Greenblatt) % Historical Data

The historical data trend for Supreme 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.

Supreme Industries ROC (Joel Greenblatt) % Chart

Supreme Industries Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.20 22.74 17.19 25.30 38.37

Supreme Industries Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 52.26 33.93 13.47 13.75 37.43

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

For the Trucking subindustry, Supreme 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.


Supreme Industries's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Supreme Industries's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Supreme 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: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.869 + 41.972 + 5.464) - (24.04 + 0 + 0)
=57.265

Working Capital(Q: Jun. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.446 + 30.692 + 4.931) - (21.622 + 0 + 0)
=47.447

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Supreme Industries for the quarter that ended in Jun. 2017 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2017  Q: Jun. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=35.876/( ( (45.524 + max(57.265, 0)) + (41.481 + max(47.447, 0)) )/ 2 )
=35.876/( ( 102.789 + 88.928 )/ 2 )
=35.876/95.8585
=37.43 %

Note: The EBIT data used here is four times the quarterly (Jun. 2017) 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.


Supreme Industries  (AMEX:STS) 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.


Supreme Industries ROC (Joel Greenblatt) % Related Terms

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Supreme Industries (Supreme Industries) Business Description

Traded in Other Exchanges
N/A
Address
Supreme Industries Inc is an US-based company which manufactures auto parts for commercial vehicles like trucks, trolleys and specialty vehicles used for transportation of goods. It also manufactures fiberglass products. The comany sells specialized trucks by installing customized truck bodies for dry freight services, refrigerated transportation and platform frames. The truck bodies are made up of aluminum, FiberPanel PW branded plywood and FiberPanel HC branded honeycomb. The comapny operates through two business segments Specialized commercial vehicles and Fiberglass products. Majority of its revenue is generated from sale of specialized trucks business.
Executives
Matthew W Long officer: CFO, Treasurer 2581 E KERCHER ROAD, GOSHEN IN 46528
Jeffery L Taylor officer: Vice President 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
William J Barrett director, 10 percent owner, officer: Exec V P and Secretary 210 SUNDIAL COURT, VERO BEACH FL 32963
Michael L Klofas director 64 WINDHAM DRIVE, EAST LONGMEADOW MA 01028
Wayne A Whitener director 101 E. PARK BLVD. STE 955, PLANO TX 75074-0846
Herbert M Gardner director, officer: Chairman of Board P O BOX 6199, FAIR HAVEN NJ 07704
Edward L Flynn director 211 SOMERVILLE ROAD RTE 202N, BEDMINISTER NJ 07921
Mark Weber director, officer: President and CEO 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Hogan Thomas B. Jr. director 830 BERGEN AVENUE, JERSEY CITY NJ 07306
Richard J Giromini director
Brent L Yeagy director 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Mark C Neilson director 1361 BRIDGEWATER WAY, MISHAWAKA IN 46545
Kim Korth director, officer: President and CEO C/O IRN, INC., 2680 WALKER AVENUE, SUITE A, GRAND RAPIDS MI 49544
Arthur M Borden director C/O SCIENTIFIC INDUSTRIES INC, 70 ORVILLE DR, BOHEMIA NY 11716
Hurtt William C Jr director 917 LADY BUG LANE, VERO BEACH FL 32063

Supreme Industries (Supreme Industries) Headlines

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