GNAL (Generation Alpha) ROC (Joel Greenblatt) %: 1,152.49% (As of Jun. 2021)

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What is Generation Alpha ROC (Joel Greenblatt) %?

Generation Alpha GNAL ROC (Joel Greenblatt) % is 1,152.49% as of Jun. 2021.

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. Generation Alpha's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was 1,152.49%.

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

GNAL's ROC (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 11.73
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Generation Alpha  (OTCPK:GNAL) 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.


Generation Alpha ROC (Joel Greenblatt) % Related Terms


Generation Alpha ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Generation Alpha'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.

Generation Alpha ROC (Joel Greenblatt) % Chart

Generation Alpha Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.33 -793.67 -2,015.31 -2,885.77 145.35

Generation Alpha Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -1,057.66 2,293.58 580.39 -3,702.59 1,152.49

GNAL vs WVFC, GNRV, EFBI: ROC (Joel Greenblatt) % Comparison

For the Electrical Equipment & Parts subindustry, Generation Alpha'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.


Generation Alpha ROC (Joel Greenblatt) % vs Industrial Products Industry

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

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



Generation Alpha 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. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.114 + 0.099 + 0.003) - (2.635 + 0.82 + 8.8817841970013E-16)
=-3.239

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.107 + 0.085 + 0.028) - (2.561 + 0.824 + 2.886)
=-6.051

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Generation Alpha for the quarter that ended in Jun. 2021 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2021  Q: Jun. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.008/( ( (0.269 + max(-3.239, 0)) + (0.253 + max(-6.051, 0)) )/ 2 )
=3.008/( ( 0.269 + 0.253 )/ 2 )
=3.008/0.261
=1,152.49 %

Note: The EBIT data used here is four times the quarterly (Jun. 2021) 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 1,152.49% mean?
Generation Alpha (GNAL) has a ROC (Joel Greenblatt) % of 1,152.49% as of Jun. 2021. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Generation Alpha and its competitors.
Is Generation Alpha's ROC (Joel Greenblatt) % too high?
Generation Alpha's current ROC (Joel Greenblatt) % is 1,152.49%. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.73. Generation Alpha's value of 1,152.49% is 9725.1% above this industry median.
How does Generation Alpha's ROC (Joel Greenblatt) % compare to WVFC and GNRV?
Generation Alpha's ROC (Joel Greenblatt) % of 1,152.49% can be compared against companies in the Industrial Products industry. The industry median ROC (Joel Greenblatt) % is 11.73. Generation Alpha's value of 1,152.49% is 9725.1% above 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.73, based on 3,060 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. Generation Alpha's current ROC (Joel Greenblatt) % of 1,152.49% is 9725.1% above 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 Generation Alpha and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Generation Alpha's current ROC (Joel Greenblatt) % is 1,152.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Generation Alpha stock overvalued right now?
Generation Alpha (GNAL) has a current ROC (Joel Greenblatt) % of 1,152.49%. The current ROC (Joel Greenblatt) % is 1,152.49% and 9725.1% above the Industrial Products industry median of 11.73. 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 Generation Alpha (GNAL), the current ROC (Joel Greenblatt) % is 1,152.49% as of Jun. 2021. 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.

Generation Alpha Business Description

Address 1689-A Arrow Route, Upland, CA, USA, 91786
Generation Alpha Inc researches, designs, develops, and manufactures energy-efficient indoor horticulture lighting and ancillary equipment. The company's product portfolio includes digital ballasts, digital lamps, reflectors, lighting accessories, and others. Its products are used for, the hydroponic and indoor growing of other horticultural products, such as hothouse vegetables, decorative plant nurseries, indoor aquariums, and industrial painting facilities and sold to retail stores, distributors and commercial growers.