GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alloggio Group Ltd (ASX:ALO) » Definitions » ROC (Joel Greenblatt) %

Alloggio Group (ASX:ALO) ROC (Joel Greenblatt) % : 5.77% (As of Dec. 2022)


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

What is Alloggio Group 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. Alloggio Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 5.77%.

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

ASX:ALO's ROC (Joel Greenblatt) % is not ranked *
in the Travel & Leisure industry.
Industry Median: 9.09
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Alloggio Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Alloggio Group'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.

Alloggio Group ROC (Joel Greenblatt) % Chart

Alloggio Group Annual Data
Trend Jun21 Jun22
ROC (Joel Greenblatt) %
- 10.03

Alloggio Group Semi-Annual Data
Dec21 Jun22 Dec22
ROC (Joel Greenblatt) % 8.05 8.96 5.77

Competitive Comparison of Alloggio Group's ROC (Joel Greenblatt) %

For the Lodging subindustry, Alloggio Group'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.


Alloggio Group's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

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

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



Alloggio Group 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: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.715 + 0.014 + 0.574) - (1.877 + 18.7 + 0.574)
=-18.848

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.976 + 0.062 + 1.499) - (2.516 + 1.446 + 40.414)
=-38.839

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Alloggio Group 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: Jun. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.388/( ( (41.447 + max(-18.848, 0)) + (41.259 + max(-38.839, 0)) )/ 2 )
=2.388/( ( 41.447 + 41.259 )/ 2 )
=2.388/41.353
=5.77 %

Note: The EBIT data used here is two times the semi-annual (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.


Alloggio Group  (ASX:ALO) 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.


Alloggio Group ROC (Joel Greenblatt) % Related Terms

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


Alloggio Group Business Description

Traded in Other Exchanges
N/A
Address
840 Hunter Street, Newcastle, NSW, AUS, 2300
Alloggio Group Ltd is an operator of short-term rental accommodation on the east coast of Australia with a current portfolio of over 879 holiday properties and approx 13 mid-market hotels which comprise of aorund 428 rooms.

Alloggio Group Headlines

From GuruFocus

Alio Gold Settles Arbitration With Maverix Metals

By GlobeNewswire GlobeNewswire 11-23-2019

Alio Gold Completes Acquisition of Rye Patch

By Alberto Abaterusso Alberto Abaterusso 05-29-2018

Alio Gold Is Well Positioned for 2018

By Alberto Abaterusso Alberto Abaterusso 01-15-2018

Alio Gold Acquires Assets in Nevada

By Alberto Abaterusso Alberto Abaterusso 03-20-2018

Alio Gold Gets Boost of Financial Support

By Alberto Abaterusso Alberto Abaterusso 07-05-2018

Alio Gold Announces Mailing of Management Information Circular

By Marketwired Marketwired 04-26-2018

Alio Gold Receives Notice of Civil Claim

By GlobeNewswire GlobeNewswire 05-03-2019