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Deliveroo (CHIX:ROOL) ROC (Joel Greenblatt) % : 13.54% (As of Jun. 2024)


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What is Deliveroo 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. Deliveroo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 13.54%.

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

CHIX:ROOl' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -811   Med: -399.37   Max: 56.5
Current: 56.5

During the past 6 years, Deliveroo's highest ROC (Joel Greenblatt) % was 56.50%. The lowest was -811.00%. And the median was -399.37%.

CHIX:ROOl's ROC (Joel Greenblatt) % is ranked better than
90.02% of 1122 companies
in the Retail - Cyclical industry
Industry Median: 10.655 vs CHIX:ROOl: 56.50

Deliveroo's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 52.70% per year.


Deliveroo ROC (Joel Greenblatt) % Historical Data

The historical data trend for Deliveroo'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.

Deliveroo ROC (Joel Greenblatt) % Chart

Deliveroo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -658.60 -355.29 -443.44 -232.09 -7.74

Deliveroo Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -265.96 -169.97 -97.19 94.34 13.54

Competitive Comparison of Deliveroo's ROC (Joel Greenblatt) %

For the Internet Retail subindustry, Deliveroo'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.


Deliveroo's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Deliveroo's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Deliveroo 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.3 + 14.8 + 33) - (189.3 + 0 + 195.2)
=-241.4

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(105.9 + 14.8 + 32.5) - (219.1 + 0 + 199.6)
=-265.5

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12/( ( (94.2 + max(-241.4, 0)) + (83.1 + max(-265.5, 0)) )/ 2 )
=12/( ( 94.2 + 83.1 )/ 2 )
=12/88.65
=13.54 %

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


Deliveroo  (CHIX:ROOl) 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.


Deliveroo ROC (Joel Greenblatt) % Related Terms

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


Deliveroo Business Description

Traded in Other Exchanges
Address
The River Building, 1 Cousin Lane, Level 1 Cannon Bridge House, London, GBR, EC4R 3TE
Deliveroo, is an online food delivery platform connecting consumers and local restaurants to enable quick and easy ordering and delivery. The company operates in 11 countries/regions in more than 800 towns and cities, and is headquartered in the United Kingdom, with a portfolio of over 140,000 restaurants globally. To enable delivery for the restaurants, Deliveroo has about 180,000 riders worldwide. The company generates revenue through a combination of commissions, user fees, restaurant sign-up fees and packaging sales.

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