Cannabis Suisse (Cannabis Suisse) ROC (Joel Greenblatt) % : -61.92% (As of Feb. 2024)

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What is Cannabis Suisse 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. Cannabis Suisse's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -61.92%.

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

CSUI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3100 Med: -225 Max: -42.59
Current: -65.1

During the past 8 years, Cannabis Suisse's highest ROC (Joel Greenblatt) % was -42.59%. The lowest was -3100.00%. And the median was -225.00%.

CSUI's ROC (Joel Greenblatt) % is ranked worse than
79.15% of 1060 companies
in the Drug Manufacturers industry
Industry Median: 8.285 vs CSUI: -65.10

Cannabis Suisse's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -48.50% per year.

Cannabis Suisse ROC (Joel Greenblatt) % Historical Data

The historical data trend for Cannabis Suisse'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.

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Cannabis Suisse ROC (Joel Greenblatt) % Chart

Cannabis Suisse Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

ROC (Joel Greenblatt) %

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-42.59

-244.65

-306.55

-3,100.00

-100.29

Cannabis Suisse Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROC (Joel Greenblatt) %	Get a 7-Day Free Trial															-310.45	-72.10	-74.28	-67.66	-61.92

Competitive Comparison of Cannabis Suisse's ROC (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Suisse'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.

Cannabis Suisse's ROC (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Suisse's ROC (Joel Greenblatt) % distribution charts can be found below:

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

Cannabis Suisse 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: Nov. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.007)	-	(0.104	+	0	+	0)
=	-0.097

	Working Capital		(Q: Feb. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0.086	+	0	+	-5.5511151231258E-17)
=	-0.086

When net working capital is negative, 0 is used.

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

	ROC (Joel Greenblatt) %		(Q: Feb. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Nov. 2023		Q: Feb. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.252	/	( ( (0.288 + max(-0.097, 0))	+	(0.526 + max(-0.086, 0)) )	/	2 )
=	-0.252	/	( ( 0.288	+	0.526 )	/	2 )
=	-0.252	/	0.407
=	-61.92 %

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

Cannabis Suisse (OTCPK:CSUI) 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.

Cannabis Suisse ROC (Joel Greenblatt) % Related Terms

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