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FONWF (Flower One Holdings) ROC (Joel Greenblatt) % : -1.27% (As of Jun. 2022)


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What is Flower One 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. Flower One Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -1.27%.

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

FONWF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -77.17   Med: -46.26   Max: 20.68
Current: 9.91

During the past 13 years, Flower One Holdings's highest ROC (Joel Greenblatt) % was 20.68%. The lowest was -77.17%. And the median was -46.26%.

FONWF's ROC (Joel Greenblatt) % is not ranked
in the Drug Manufacturers industry.
Industry Median: 9.48 vs FONWF: 9.91

Flower One Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Flower One Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Flower One 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.

Flower One Holdings ROC (Joel Greenblatt) % Chart

Flower One Holdings Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.30 -38.21 20.68 -66.42 -2.25

Flower One Holdings Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 14.96 49.43 11.89 -21.71 -1.27

Competitive Comparison of Flower One Holdings's ROC (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, Flower One 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.


Flower One Holdings's ROC (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

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

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


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Flower One 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: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.213 + 11.129 + 0.631) - (23.3 + 0 + 0)
=-7.327

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.462 + 12.445 + 0.062999999999999) - (21.637 + 0 + 0)
=-5.667

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Flower One Holdings for the quarter that ended in Jun. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.204/( ( (95.613 + max(-7.327, 0)) + (93.823 + max(-5.667, 0)) )/ 2 )
=-1.204/( ( 95.613 + 93.823 )/ 2 )
=-1.204/94.718
=-1.27 %

Note: The EBIT data used here is four times the quarterly (Jun. 2022) 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.


Flower One Holdings  (OTCPK:FONWF) 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.


Flower One Holdings ROC (Joel Greenblatt) % Related Terms

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Flower One Holdings Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1700, The Guinness Tower, Vancouver, BC, CAN, V6E 2E9
Flower One Holdings Inc through its wholly?owned subsidiaries, is a cannabis cultivator and producer and is licensed for medical and recreational cannabis cultivation and production in the State of Nevada. Its properties will be used for cannabis cultivation as well as the processing, production, and high-volume packaging of dry flower, cannabis oils, concentrates, and infused products. It produces a wide range of products from flower, full-spectrum oils, and distillates to finished consumer packaged goods, including a variety of: pre-rolls, concentrates, edibles, topicals, and more for the top-performing brands in cannabis.