GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Weber Inc (NYSE:WEBR) » Definitions » ROC (Joel Greenblatt) %

Weber (WEBR) ROC (Joel Greenblatt) % : -64.55% (As of Dec. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Weber 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. Weber's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -64.55%.

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

WEBR's ROC (Joel Greenblatt) % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 13.25
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Weber ROC (Joel Greenblatt) % Historical Data

The historical data trend for Weber'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.

Weber ROC (Joel Greenblatt) % Chart

Weber Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22
ROC (Joel Greenblatt) %
- 43.67 71.63 31.41 -58.15

Weber Quarterly Data
Sep18 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -96.43 26.68 -24.45 -102.97 -64.55

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

For the Furnishings, Fixtures & Appliances subindustry, Weber'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.


Weber's ROC (Joel Greenblatt) % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Weber's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Weber 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.667 + 339.503 + 60.602) - (242.725 + 0 + 31.348)
=180.699

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.203 + 391.379 + 73.559) - (324.267 + 0 + 0)
=229.874

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Weber for the quarter that ended in Dec. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-317.196/( ( (283.135 + max(180.699, 0)) + (289.096 + max(229.874, 0)) )/ 2 )
=-317.196/( ( 463.834 + 518.97 )/ 2 )
=-317.196/491.402
=-64.55 %

Note: The EBIT data used here is four times the quarterly (Dec. 2022) 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.


Weber  (NYSE:WEBR) 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.


Weber ROC (Joel Greenblatt) % Related Terms

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


Weber (WEBR) Business Description

Traded in Other Exchanges
N/A
Address
1415 S. Roselle Road, Palatine, IL, USA, 60067
Weber Inc is an outdoor cooking company. The company's product portfolio includes traditional charcoal grills, gas grills, smokers, wood pellet grills, electric grills, grilling accessories, and solid fuel products (including charcoal briquettes, lump charcoal, pellets, wood chips, and wood chunks). The company has three reportable segments: the Americas, Europe, the Middle East and Africa ("EMEA"), and Asia-Pacific ("APAC"). Majority of its revenue is generated in America.
Executives
Michael P. Bayer officer: Global Controller & CAO 1250 N. ARLINGTON HEIGHTS ROAD, STE 500, ITASCA IL 60143
Erik W. Chalut officer: General Counsel and Secretary 1415 S. ROSELLE ROAD, PALATINE IL 60067
Wsp Investment Llc 10 percent owner 14 NORTH PEORIA STREET, SUITE 2E, CHICAGO IL 60607
Jennifer L. Bonuso officer: President, Americas 1415 S. ROSELLE ROAD, PALATINE IL 60067
Alan David Matula officer: Interim CEO 828 ST. CHARLES, NEW ORLEANS LA 70130
Hans-jurgen Herr officer: President, EMEA 1415 S. ROSELLE ROAD, PALATINE, IL 60067
Susan T Congalton director 900 NORTH TUCKER BLVD, ST LOUIS MO 63101
Steffen Hahn officer: President, Weber EMEA 1415 S. ROSELLE ROAD, PALATINE IL 60067
Beau Warren officer: President, Weber Americas 1415 S. ROSELLE ROAD, PALATINE IL 60067
Mad Private Family Trust Co Llc 10 percent owner 8805 TAMIAMI TRAIL N STE 356, NAPLES FL 34108
Bdt Capital Partners I-a Holdings, Llc director, 10 percent owner C/O BDT CAPITAL PARTNERS, 401 NORTH MICHIGAN AVENUE, SUITE 3100, CHICAGO IL 60611
Bdtcp Gp I, Llc director, 10 percent owner 401 NORTH MICHIGAN AVENUE, SUITE 3100, CHICAGO IL 60611
Bdt Wsp Holdings, Llc director, 10 percent owner C/O BDT CAPITAL PARTNERS, 401 NORTH MICHIGAN AVENUE, SUITE 3100, CHICAGO IL 60611
Bdtp Gp, Llc director, 10 percent owner 401 NORTH MICHIGAN AVENUE, SUITE 3100, CHICAGO IL 60611
Weber-stephen Management Pool Llc 10 percent owner C/O BDT CAPITAL PARTNERS, 401 NORTH MICHIGAN AVENUE, SUITE 3100, CHICAGO IL 60611

Weber (WEBR) Headlines

From GuruFocus