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Playa Hotels & Resorts NV (Playa Hotels & Resorts NV) ROC (Joel Greenblatt) % : 9.19% (As of Dec. 2023)


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What is Playa Hotels & Resorts NV 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. Playa Hotels & Resorts NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.19%.

The historical rank and industry rank for Playa Hotels & Resorts NV's ROC (Joel Greenblatt) % or its related term are showing as below:

PLYA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -10.41   Med: 4.26   Max: 11.73
Current: 11.54

During the past 9 years, Playa Hotels & Resorts NV's highest ROC (Joel Greenblatt) % was 11.73%. The lowest was -10.41%. And the median was 4.26%.

PLYA's ROC (Joel Greenblatt) % is ranked better than
54.87% of 822 companies
in the Travel & Leisure industry
Industry Median: 9.265 vs PLYA: 11.54

Playa Hotels & Resorts NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Playa Hotels & Resorts NV ROC (Joel Greenblatt) % Historical Data

The historical data trend for Playa Hotels & Resorts NV'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.

Playa Hotels & Resorts NV ROC (Joel Greenblatt) % Chart

Playa Hotels & Resorts NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 1.20 -10.41 -1.54 7.37 11.73

Playa Hotels & Resorts NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.31 20.12 13.00 3.49 9.19

Competitive Comparison of Playa Hotels & Resorts NV's ROC (Joel Greenblatt) %

For the Resorts & Casinos subindustry, Playa Hotels & Resorts NV'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.


Playa Hotels & Resorts NV's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Playa Hotels & Resorts NV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Playa Hotels & Resorts NV's ROC (Joel Greenblatt) % falls into.



Playa Hotels & Resorts NV 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(74.151 + 20.37 + 39.297) - (116.288 + 67.287 + 0)
=-49.757

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(80.623 + 19.963 + 47.868) - (138.261 + 80.506 + 0)
=-70.313

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Playa Hotels & Resorts NV for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=134.9/( ( (1513.673 + max(-49.757, 0)) + (1421.998 + max(-70.313, 0)) )/ 2 )
=134.9/( ( 1513.673 + 1421.998 )/ 2 )
=134.9/1467.8355
=9.19 %

Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


Playa Hotels & Resorts NV  (NAS:PLYA) 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.


Playa Hotels & Resorts NV ROC (Joel Greenblatt) % Related Terms

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Playa Hotels & Resorts NV (Playa Hotels & Resorts NV) Business Description

Traded in Other Exchanges
Address
Nieuwezijds Voorburgwal 104, Amsterdam, NH, NLD, 1012 SG
Playa Hotels & Resorts NV acts as an owner, operator, and developer of all-inclusive resorts in prime beachfront locations in popular vacation destinations in Mexico and the Caribbean. The company's segments are Yucatan Peninsula, Pacific Coast, Dominican Republic, and Jamaica. It generates a majority of its revenue from the Yucatan Peninsula segment. Its brand profile consists of HYATT ZIVA, HYATT ZILARA, Hilton, JEWEL RESORTS, and others.
Executives
Gregory Maliassas officer: Chief Operating Officer BLVD. KUKULCAN M27, LT 1-02, UC27, 2 LOC B 01 B ZONA HOTELERA, CANCUN O5 77500
Fernando Mulet officer: Chief Investment Officer C/O PLAYA HOTELS & RESORTS N.V., 1560 SAWGRASS CORPORATE PARKWAY, STE 140, FORT LAUDERDALE FL 33323
Brandon B Buhler officer: Chief Accounting Officer 3950 UNIVERSITY DRIVE, SUITE 301, FAIRFAX VA 20175
Ryan Paul Hymel officer: Sr Vice President & Treasurer PLAYA HOTELS & RESORTS, 3950 UNIVERSITY DRIVE, SUITE 301, FAIRFAX VA 22030
Colden Tracy M J officer: EVP & General Counsel C/O PLAYA HOTELS & RESORTS N.V.,, 3950 UNIVERSITY DRIVE, SUITE 301, FAIRFAX VA 22030
Karl Mr. Peterson officer: Principal Executive Officer 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Davidson Kempner Capital Management Lp 10 percent owner 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Dkip (cayman) Ltd Ii 10 percent owner 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Dkldo V Trading Subsidiary Lp 10 percent owner CAYMAN CORPORATE CENTRE, 27 HOSPITAL ROAD, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Davidson Kempner Distressed Opportunities International Ltd. 10 percent owner C/O WALKERS CORPORATE LTD., CAYMAN CORP CENTRE, 27 HOSPITAL RD, GEORGE TOWN E9 KY1-9008
M.h. Davidson & Co. 10 percent owner 885 THIRD AVENUE, SUITE 3300, NEW YORK NY 10022
Davidson Kempner Distressed Opportunities Fund Lp 10 percent owner C/O DK GROUP LLC, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Anthony Alexander Yoseloff 10 percent owner DAVIDSON KEMPNER CAPITAL MANAGEMENT LP, 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Davidson Kempner Institutional Partners, L.p. 10 percent owner C/O DAVIDSON KEMPNER ADVISERS INC., 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Kempner Partners Davidson 10 percent owner C/O MHD MANAGEMENT CO., 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022

Playa Hotels & Resorts NV (Playa Hotels & Resorts NV) Headlines

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