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CRAWA (Crawford United) ROC (Joel Greenblatt) % : 36.44% (As of Sep. 2024)


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What is Crawford United 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. Crawford United's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 36.44%.

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

CRAWA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.34   Med: 28.81   Max: 44.49
Current: 36.48

During the past 13 years, Crawford United's highest ROC (Joel Greenblatt) % was 44.49%. The lowest was -4.34%. And the median was 28.81%.

CRAWA's ROC (Joel Greenblatt) % is ranked better than
83.24% of 3001 companies
in the Industrial Products industry
Industry Median: 12.21 vs CRAWA: 36.48

Crawford United's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.40% per year.


Crawford United ROC (Joel Greenblatt) % Historical Data

The historical data trend for Crawford United'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.

Crawford United ROC (Joel Greenblatt) % Chart

Crawford United Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.33 26.25 22.27 20.17 42.55

Crawford United Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 35.34 31.76 40.60 38.71 36.44

Competitive Comparison of Crawford United's ROC (Joel Greenblatt) %

For the Specialty Industrial Machinery subindustry, Crawford United'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.


Crawford United's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crawford United's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Crawford United 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.002 + 19.349 + 1.539) - (15.929 + 6.231 + 0.00099999999999767)
=25.729

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.841 + 18.316 + 1.211) - (16.092 + 6.238 + 0)
=22.038

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=19.868/( ( (29.422 + max(25.729, 0)) + (31.854 + max(22.038, 0)) )/ 2 )
=19.868/( ( 55.151 + 53.892 )/ 2 )
=19.868/54.5215
=36.44 %

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


Crawford United  (OTCPK:CRAWA) 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.


Crawford United ROC (Joel Greenblatt) % Related Terms

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


Crawford United Business Description

Traded in Other Exchanges
N/A
Address
10514 Dupont Avenue, Cleveland, OH, USA, 44108
Crawford United Corp is engaged in providing specialty industrial products to diverse markets of healthcare, education, automotive, aerospace, trucking, and petrochemical. The company operates through the following segments, namely Commercial Air Handling Equipment, which is into designing, manufacturing, and installing large-scale commercial, institutional, and industrial custom air handling solutions; and Industrial & Transportation Products which generates majority of the revenue for the company, is into manufacturing of flexible interlocking metal hoses and the distribution of silicone and hydraulic hoses. The company's geographical segments include the United States which is also its key revenue generating market, Puerto Rico, Canada, and Others.
Executives
Kirin Smith director C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Matthew V Crawford director
Edward F Crawford director
James W Wert director
Jay Daly officer: Chief Financial Officer 10514 DUPONT AVENUE, CLEVELAND OH 44108
Luis Enrique Jimenez director 10514 DUPONT AVENUE, CLEVELAND OH 44108
George Richard Hart officer: Vice President of Engineering C/O HICKOK INCORPORATED, 10514 DUPONT AVENUE, CLEVELAND OH 44108
Kelly Kuna officer: Chief Financial Officer 6050 OAK TREE BLVD., SUITE #500, CLEVELAND OH 44131
Steven Rosen director, 10 percent owner 25101 CHAGRIN BOULEVARD SUITE 350, BEACHWOOD OH 44122
Brian E Powers director 25101 CHAGRIN BLVD., SUITE 210, CLEVELAND OH 44122
Three Bears Trust 10 percent owner 1660 WEST 2ND STREET, SUITE 1100, CLEVELAND OH 44122
Jennifer Aplin Elliot director, 10 percent owner 1178 BELLINGHAM DR., OCEANSIDE CA 92057
Roundball Llc 10 percent owner 1660 WEST 2ND STREET SUITE 1100, CLEVELAND OH 44113
Patrick R Bauman officer: Vice President Sales/Marketing 851 STUART AVENUE, SOUTH EUCLID OH 44121
James F Allen officer: Vice President Manufacturing 1307 JANE LANE, GREENWOOD MS 38930