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E-Home Household Service Holdings (E-Home Household Service Holdings) ROC (Joel Greenblatt) % : -151.65% (As of Jun. 2023)


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What is E-Home Household Service Holdings 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. E-Home Household Service Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -151.65%.

The historical rank and industry rank for E-Home Household Service Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

EJH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -102.79   Med: 87.73   Max: 1024.78
Current: -102.79

During the past 7 years, E-Home Household Service Holdings's highest ROC (Joel Greenblatt) % was 1024.78%. The lowest was -102.79%. And the median was 87.73%.

EJH's ROC (Joel Greenblatt) % is ranked worse than
92.31% of 104 companies
in the Personal Services industry
Industry Median: 12.845 vs EJH: -102.79

E-Home Household Service Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


E-Home Household Service Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for E-Home Household Service Holdings'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.

E-Home Household Service Holdings ROC (Joel Greenblatt) % Chart

E-Home Household Service Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 156.21 83.03 87.73 -20.00 -78.85

E-Home Household Service Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.50 12.78 -56.44 -35.26 -151.65

Competitive Comparison of E-Home Household Service Holdings's ROC (Joel Greenblatt) %

For the Personal Services subindustry, E-Home Household Service Holdings'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.


E-Home Household Service Holdings's ROC (Joel Greenblatt) % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, E-Home Household Service Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where E-Home Household Service Holdings's ROC (Joel Greenblatt) % falls into.



E-Home Household Service Holdings 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.099 + 0.171 + 2.418) - (9.75 + 2.214 + 0)
=-7.276

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.019 + 0.034 + 6.037) - (8.983 + 2.124 + -0.0010000000000012)
=-4.016

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of E-Home Household Service Holdings for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-64.974/( ( (13.434 + max(-7.276, 0)) + (72.256 + max(-4.016, 0)) )/ 2 )
=-64.974/( ( 13.434 + 72.256 )/ 2 )
=-64.974/42.845
=-151.65 %

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) 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.


E-Home Household Service Holdings  (NAS:EJH) 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.


E-Home Household Service Holdings ROC (Joel Greenblatt) % Related Terms

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E-Home Household Service Holdings (E-Home Household Service Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Yangqiao Road, Dongbai Center, 18th Floor, East Tower, Building B, Gulou District, Fuzhou, CHN, 350001
E-Home Household Service Holdings Ltd is a household service company providing integrated household services through its website and WeChat platform across China. The company offers services including home appliance and housekeeping services. It operates its business mainly by receiving the orders online and providing the services offline. Its operations are organized into five reportable segments: installation and maintenance services, housekeeping services, senior care services, sales of pharmaceutical products and educational consulting services. The group's principal source of revenue comes from the Installation and Maintenance segment, followed by Housekeeping and Senior care services segment.

E-Home Household Service Holdings (E-Home Household Service Holdings) Headlines

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