BRRE (Blue Ridge Real Estate Co) ROC (Joel Greenblatt) %: -10.10% (As of Apr. 2017)

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What is Blue Ridge Real Estate Co ROC (Joel Greenblatt) %?

Blue Ridge Real Estate Co BRRE ROC (Joel Greenblatt) % is -10.10% as of Apr. 2017.

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. Blue Ridge Real Estate Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2017 was -10.10%.

The historical rank and industry rank for Blue Ridge Real Estate Co's ROC (Joel Greenblatt) % or its related term are showing as below:

BRRE's ROC (Joel Greenblatt) % is not ranked *
in the Travel & Leisure industry.
Industry Median: 10
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Blue Ridge Real Estate Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Blue Ridge Real Estate Co  (OTCPK:BRRE) 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.


Blue Ridge Real Estate Co ROC (Joel Greenblatt) % Related Terms


Blue Ridge Real Estate Co ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Blue Ridge Real Estate Co'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.

Blue Ridge Real Estate Co ROC (Joel Greenblatt) % Chart

Blue Ridge Real Estate Co Annual Data
Trend Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.77 -1.00 2.78 -47.48 1.02

Blue Ridge Real Estate Co Quarterly Data
Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 -10.65 16.03 14.19 -11.95 -10.10

BRRE vs CHCI: ROC (Joel Greenblatt) % Comparison

For the Resorts & Casinos subindustry, Blue Ridge Real Estate Co'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.


Blue Ridge Real Estate Co ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Blue Ridge Real Estate Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Blue Ridge Real Estate Co's ROC (Joel Greenblatt) % falls into.



Blue Ridge Real Estate Co 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: Jan. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.221) - (1.059 + 0.12 + 3.679)
=-3.637

Working Capital(Q: Apr. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.422) - (1.306 + 0.423 + 3.781)
=-4.088

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Blue Ridge Real Estate Co for the quarter that ended in Apr. 2017 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2017  Q: Apr. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.156/( ( (21.41 + max(-3.637, 0)) + (21.278 + max(-4.088, 0)) )/ 2 )
=-2.156/( ( 21.41 + 21.278 )/ 2 )
=-2.156/21.344
=-10.10 %

Note: The EBIT data used here is four times the quarterly (Apr. 2017) 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.

What does a ROC (Joel Greenblatt) % of -10.10% mean?
Blue Ridge Real Estate Co (BRRE) has a ROC (Joel Greenblatt) % of -10.10% as of Apr. 2017. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Blue Ridge Real Estate Co and its competitors.
Is Blue Ridge Real Estate Co's ROC (Joel Greenblatt) % too high?
Blue Ridge Real Estate Co's current ROC (Joel Greenblatt) % is -10.10%.
How does Blue Ridge Real Estate Co's ROC (Joel Greenblatt) % compare to CHCI?
Blue Ridge Real Estate Co's ROC (Joel Greenblatt) % of -10.10% can be compared against companies in the Travel & Leisure industry. The industry median ROC (Joel Greenblatt) % is 10.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.00, based on 847 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Blue Ridge Real Estate Co and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Ridge Real Estate Co's current ROC (Joel Greenblatt) % is -10.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Ridge Real Estate Co stock overvalued right now?
Blue Ridge Real Estate Co (BRRE) has a current ROC (Joel Greenblatt) % of -10.10%. The current ROC (Joel Greenblatt) % is -10.10%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Blue Ridge Real Estate Co (BRRE), the current ROC (Joel Greenblatt) % is -10.10% as of Apr. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blue Ridge Real Estate Co Business Description

Address 5 Blue Ridge Court, P.O. Box 707, Blakeslee, PA, USA, 18610
Blue Ridge Real Estate Co is engaged in real estate development and land sales. The company operates in three segments: resort operations, including amenities around Big Boulder Lake such as the Boulder View Tavern, Boulder Lake Club, the Jack Frost National Golf Course, and The Stretch fishing club; real estate management and rental operations, which involve leasing investment properties, providing services to resort residential community trusts, and signboard rentals; and land resource management, covering land sales and purchases, timber operations, real estate development, and leasing of land and land improvements. The majority of the company's revenue is derived from the Resort operations segment.