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AXIL (AXIL Brands) ROC (Joel Greenblatt) % : 148.61% (As of Nov. 2024)


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What is AXIL Brands 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. AXIL Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was 148.61%.

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

AXIL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -444.63   Med: -72.06   Max: 1232.34
Current: 44.99

During the past 8 years, AXIL Brands's highest ROC (Joel Greenblatt) % was 1232.34%. The lowest was -444.63%. And the median was -72.06%.

AXIL's ROC (Joel Greenblatt) % is ranked better than
86.42% of 2445 companies
in the Hardware industry
Industry Median: 10.27 vs AXIL: 44.99

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


AXIL Brands ROC (Joel Greenblatt) % Historical Data

The historical data trend for AXIL Brands'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.

AXIL Brands ROC (Joel Greenblatt) % Chart

AXIL Brands Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -43.51 -94.19 -146.67 1,232.34 134.61

AXIL Brands Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 1,952.73 -14.91 39.91 -22.29 148.61

Competitive Comparison of AXIL Brands's ROC (Joel Greenblatt) %

For the Consumer Electronics subindustry, AXIL Brands'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.


AXIL Brands's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AXIL Brands's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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AXIL Brands 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: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.599 + 3.273 + 0.322) - (1.895 + 1.013 + 0.0030000000000001)
=1.283

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.444 + 2.664 + 0.725) - (2.193 + 1.452 + 0.004)
=1.184

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AXIL Brands for the quarter that ended in Nov. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.808/( ( (0.269 + max(1.283, 0)) + (1.043 + max(1.184, 0)) )/ 2 )
=2.808/( ( 1.552 + 2.227 )/ 2 )
=2.808/1.8895
=148.61 %

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


AXIL Brands  (AMEX:AXIL) 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.


AXIL Brands ROC (Joel Greenblatt) % Related Terms

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


AXIL Brands Business Description

Traded in Other Exchanges
N/A
Address
120 E 13065, Suite 101, Draper, UT, USA, 84020
AXIL Brands Inc is a company which is is a manufacturer and marketer of premium hearing enhancement and protection products, including ear plugs, earmuffs, and ear buds, under the AXIL brand. AXIL delivers top hearing enhancement, protection, & audio devices. From ultra comfortable fitting processes, to stereo quality sound performance, to reliable & durable engineering.
Executives
Nancy Hundt director C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON STREET, CITY OF INDUSTRY CA 91748
Jeff Toghraie director, 10 percent owner, officer: Chairman, CEO C/O CUMETRIX DATA SYSTEMS CORP, 957 LAWSON ST, INDUSTRY CA 91748
Monica Diaz Brickell officer: Chief Financial Officer 901 FREMONT AVE., UNIT 158 AND 168, ALHAMBRA CA 92024
Jeffrey B. Brown officer: Chief Operating Officer C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Meenu Jain officer: Chief Financial Officer C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Christopher Go officer: Chief Financial Officer C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Donald Starace officer: President C/O REVIV3 PROCARE COMPANY, 9480 TELSTAR AVE., SUITE 5, EL MONTE CA 91731
Intrepid Global Advisors, Inc. 10 percent owner 325 N. MAPLE DRIVE, #5114, BEVERLY HILLS CA 90210
Shircoo, Inc. 10 percent owner 2350 ALLVIEW TERRACE EAST, LOS ANGELES CA 90068

AXIL Brands Headlines

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