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. Granite City Food & Brewery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was 4.15%.
The historical rank and industry rank for Granite City Food & Brewery's ROC (Joel Greenblatt) % or its related term are showing as below:
GCFB's ROC (Joel Greenblatt) % is not ranked *
in the Restaurants industry.
Industry Median: 8.56 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
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.
* 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.
Granite City Food & Brewery ROC (Joel Greenblatt) % Chart
GCFB vs BDVB, DBUB, GIGL: ROC (Joel Greenblatt) % Comparison
For the Restaurants subindustry, Granite City Food & Brewery'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.
Granite City Food & Brewery ROC (Joel Greenblatt) % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Granite City Food & Brewery's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Granite City Food & Brewery's ROC (Joel Greenblatt) % falls into.
Granite City Food & Brewery 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:
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.
Note:
The EBIT data used here is four times the quarterly (Jun. 2017) 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.
What does a ROC (Joel Greenblatt) % of 4.15% mean?
Granite City Food & Brewery (GCFB) has a ROC (Joel Greenblatt) % of 4.15% as of Jun. 2017. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Granite City Food & Brewery and its competitors.
Is Granite City Food & Brewery's ROC (Joel Greenblatt) % too high?
Granite City Food & Brewery's current ROC (Joel Greenblatt) % is 4.15%. The Restaurants industry median ROC (Joel Greenblatt) % is 8.56. Granite City Food & Brewery's value of 4.15% is 51.5% below this industry median.
How does Granite City Food & Brewery's ROC (Joel Greenblatt) % compare to BDVB and DBUB?
Granite City Food & Brewery's ROC (Joel Greenblatt) % of 4.15% can be compared against companies in the Restaurants industry. The industry median ROC (Joel Greenblatt) % is 8.56. Granite City Food & Brewery's value of 4.15% is 51.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Restaurants company?
The median ROC (Joel Greenblatt) % among Restaurants companies is 8.56, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Granite City Food & Brewery's current ROC (Joel Greenblatt) % of 4.15% is 51.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Granite City Food & Brewery and its competitors. For the Restaurants industry, the median ROC (Joel Greenblatt) % is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite City Food & Brewery's current ROC (Joel Greenblatt) % is 4.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite City Food & Brewery stock overvalued right now?
Granite City Food & Brewery (GCFB) has a current ROC (Joel Greenblatt) % of 4.15%. The current ROC (Joel Greenblatt) % is 4.15% and 51.5% below the Restaurants industry median of 8.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Granite City Food & Brewery (GCFB), the current ROC (Joel Greenblatt) % is 4.15% as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.
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