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Tilly's (Tilly's) ROC (Joel Greenblatt) % : -11.93% (As of Jan. 2024)


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What is Tilly's 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. Tilly's's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -11.93%.

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

TLYS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.15   Med: 18.39   Max: 40.06
Current: -10.64

During the past 13 years, Tilly's's highest ROC (Joel Greenblatt) % was 40.06%. The lowest was -11.15%. And the median was 18.39%.

TLYS's ROC (Joel Greenblatt) % is ranked worse than
80.87% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 9.975 vs TLYS: -10.64

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


Tilly's ROC (Joel Greenblatt) % Historical Data

The historical data trend for Tilly's'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.

Tilly's ROC (Joel Greenblatt) % Chart

Tilly's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.10 -0.99 32.05 4.07 -11.15

Tilly's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -1.86 -23.51 -3.58 -3.36 -11.93

Competitive Comparison of Tilly's's ROC (Joel Greenblatt) %

For the Apparel Retail subindustry, Tilly's'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.


Tilly's's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tilly's's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Tilly's 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.118 + 82.753 + 11.816) - (41.713 + 13.52 + 10.92)
=35.534

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 63.159 + 8.175) - (27.569 + 14.957 + 10.238)
=18.57

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tilly's for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-34.08/( ( (265.425 + max(35.534, 0)) + (251.888 + max(18.57, 0)) )/ 2 )
=-34.08/( ( 300.959 + 270.458 )/ 2 )
=-34.08/285.7085
=-11.93 %

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


Tilly's  (NYSE:TLYS) 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.


Tilly's ROC (Joel Greenblatt) % Related Terms

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


Tilly's (Tilly's) Business Description

Traded in Other Exchanges
N/A
Address
10 Whatney, Irvine, CA, USA, 92618
Tilly's Inc works as a specialty retailer of casual apparel, footwear, and accessories for young men, young women, boys, and girls. It offers an unparalleled selection of relevant brands, styles, colors, sizes, and price points. It delivers branded fashion, and core styles for tops, outerwear, bottoms, and dresses. It also provides backpacks, hats, sunglasses, headphones, handbags, watches, and jewelry. The company markets its products under the brand names of Vans, RVCA, Adidas, Nike SB, and Hurley among others. It operates its stores in malls, lifestyle centers, power centers, community centers, outlet centers, street-front locations, and also through e-commerce.
Executives
Pleasant Lake Onshore Feeder Fund Lp 10 percent owner 100 CARR 115 UNIT 1900, RINCON PR 00677
Seth R Johnson director
Janet Kerr director 50 CASTILIAN DR, GOLETA CA 93117
Michael Henry officer: CHIEF FINANCIAL OFFICER 10 WHATNEY, IRVINE CA 92618
Laura Janney officer: SEE REMARKS C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Robert Simon Goodwin officer: See Remarks C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Jonathon David Kosoff officer: Chief Digital Officer C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Hezy Shaked director, 10 percent owner, officer: CHIEF STRATEGY OFFICER C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Pleasant Lake Partners Llc 10 percent owner 100 CARR 115 UNIT 1900, RINCON PR 00677
Fund 1 Investments, Llc 10 percent owner 100 CARR 115, UNIT 1900, RINCON PR 00677
Edmond Thomas director, officer: President and CEO C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Bernard Zeichner director C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Teresa Luna Aragones director C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Erin Melissa Chin director C/O TILLY'S, INC., 10 WHATNEY, IRVINE CA 92618
Tricia D Smith officer: EVP CMO C/O URBAN OUTFITTERS INC, 5000 SOUTH BROAD STREET, PHILADELPHIA X1 19112