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Ollie's Bargain Outlet Holdings (NAS:OLLI) ROC (Joel Greenblatt) %

: 12.37% (As of Oct. 2022)
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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. Ollie's Bargain Outlet Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2022 was 12.37%.

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

OLLI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.3   Med: 52.66   Max: 76.81
Current: 13.3

During the past 9 years, Ollie's Bargain Outlet Holdings's highest ROC (Joel Greenblatt) % was 76.81%. The lowest was 13.30%. And the median was 52.66%.

OLLI's ROC (Joel Greenblatt) % is ranked better than
52.65% of 302 companies
in the Retail - Defensive industry
Industry Median: 12.72 vs OLLI: 13.30

Ollie's Bargain Outlet Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -18.60% per year.


Ollie's Bargain Outlet Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Ollie's Bargain Outlet 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.

Ollie's Bargain Outlet Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
ROC (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.81 69.31 35.10 40.61 26.88

Ollie's Bargain Outlet Holdings Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
ROC (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only 15.24 27.05 7.67 7.13 12.37

Competitive Comparison

For the Discount Stores subindustry, Ollie's Bargain Outlet 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.

   

Ollie's Bargain Outlet Holdings ROC (Joel Greenblatt) % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's ROC (Joel Greenblatt) % falls in comparison to its industry or sector. The grey bar indicates the ROC (Joel Greenblatt) %'s extreme value range as defined by GuruFocus.



Ollie's Bargain Outlet 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: Jul. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.086 + 494.133 + 9.4100000000001) - (128.214 + 10.118 + 36.16)
=332.137

Working Capital(Q: Oct. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.363 + 523.728 + 7.1569999999999) - (144.152 + 9.96 + 16.047)
=362.089

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ollie's Bargain Outlet Holdings for the quarter that ended in Oct. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2022  Q: Oct. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=118.128/( ( (596.912 + max(332.137, 0)) + (618.055 + max(362.089, 0)) )/ 2 )
=118.128/( ( 929.049 + 980.144 )/ 2 )
=118.128/954.5965
=12.37 %

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


Ollie's Bargain Outlet Holdings  (NAS:OLLI) 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.


Ollie's Bargain Outlet Holdings ROC (Joel Greenblatt) % Related Terms

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


Ollie's Bargain Outlet Holdings (NAS:OLLI) Business Description

Ollie's Bargain Outlet Holdings logo
Traded in Other Exchanges
Address
6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112
Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
Executives
Abid Rizvi director C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Robert F Helm officer: See Remarks 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
James J Comitale officer: SVP, General Counsel 30 HUNTER LANE, CAMP HILL PA 17011
Van Der Valk Eric officer: EVP, COO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Larry Kraus officer: VP, CIO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Scott Osborne officer: VP, Store Operations C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Ray Daugherty officer: SVP, Supply Chain C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Alissa M Ahlman director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael L Bangs 10 percent owner 429 SOUTH 18TH STREET, CAMP HILL PA 17011
Stephen W White director 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Ccmp Capital Gp, Llc 10 percent owner 1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Howard Freedman officer: VP, Merchandising 1262 BROCKIE DRIVE, YORK PA 17403
Mark L Butler officer: President, CEO 1701 NEWVILLE ROAD, CARLISLE PA 17055
Stanley Fleishman director
Kevin Mclain officer: SVP, Merchandising 1405 SUMMIT WAY, MECHNICSBURG PA 17050

Ollie's Bargain Outlet Holdings (NAS:OLLI) Headlines

Other Sources

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