GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AMC Entertainment Holdings Inc (NYSE:AMC) » Definitions » ROC (Joel Greenblatt) %

AMC Entertainment Holdings (AMC Entertainment Holdings) ROC (Joel Greenblatt) % : -4.81% (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is AMC Entertainment Holdings 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. AMC Entertainment Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -4.81%.

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

AMC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -58.69   Med: 1.79   Max: 20.35
Current: 1.73

During the past 13 years, AMC Entertainment Holdings's highest ROC (Joel Greenblatt) % was 20.35%. The lowest was -58.69%. And the median was 1.79%.

AMC's ROC (Joel Greenblatt) % is ranked worse than
59% of 1044 companies
in the Media - Diversified industry
Industry Median: 10.62 vs AMC: 1.73

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


AMC Entertainment Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for AMC Entertainment Holdings'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.

AMC Entertainment Holdings ROC (Joel Greenblatt) % Chart

AMC Entertainment Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 -58.69 -12.75 -10.18 0.34

AMC Entertainment Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -9.70 8.33 9.04 -6.19 -4.81

Competitive Comparison of AMC Entertainment Holdings's ROC (Joel Greenblatt) %

For the Entertainment subindustry, AMC Entertainment Holdings'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.


AMC Entertainment Holdings's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AMC Entertainment Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



AMC Entertainment Holdings 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(113.5 + 39.5 + 74.1) - (589.9 + 421.8 + 81.4)
=-866

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(72 + 0 + 148.4) - (569.7 + 394.2 + -2.2737367544323E-13)
=-743.5

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AMC Entertainment Holdings 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: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-242/( ( (5104.9 + max(-866, 0)) + (4963.8 + max(-743.5, 0)) )/ 2 )
=-242/( ( 5104.9 + 4963.8 )/ 2 )
=-242/5034.35
=-4.81 %

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.


AMC Entertainment Holdings  (NYSE:AMC) 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.


AMC Entertainment Holdings ROC (Joel Greenblatt) % Related Terms

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


AMC Entertainment Holdings (AMC Entertainment Holdings) Business Description

Address
11500 Ash Street, One AMC Way, Leawood, KS, USA, 66211
AMC Entertainment Holdings Inc is involved in the theatrical exhibition business. It owns, operates or has interests in theatres located in the United States and Europe. It provides amenities such as plush, power recliners, MacGuffins full bars, AMC Dine-In Theatres, premium presentation. The group operates in U.S. markets and International markets. It derives key revenue from the U.S.
Executives
Ellen Copaken officer: SVP MARKETING 11500 ASH STREET, LEAWOOD KS 66211
Kerith Sheehan Putnam director 11500 ASH ST, LEAWOOD KS 66211
Antara Capital Gp Llc 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Fund Gp Llc 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Master Fund Lp 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Lp 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Himanshu Gulati 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Sean D. Goodman officer: EVP & CFO 11500 ASH STREET, LEAWOOD KS 66211
Denise M. Clark director C/O AMC ENTERTAINMENT HOLDINGS INC, 11500 ASH STREET, LEAWOOD KS 66211
Chris A Cox officer: SVP, CHIEF ACCOUNTING OFFICER AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
John D Mcdonald officer: EVP, US OPERATION C/O AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Elizabeth F Frank officer: EVP, WWP AND CCO ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Lee Wittlinger director C/O SILVER LAKE, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Daniel E Ellis officer: SVP,DEVEL AND INTERNATIONAL
Stephen A Colanero officer: EVP, CHIEF MARKETING OFFICER AMC ENTERTAINMENT HOLDINGS INC, ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211

AMC Entertainment Holdings (AMC Entertainment Holdings) Headlines

From GuruFocus