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Gerry Weber International AG (HAM:GWI2) ROC (Joel Greenblatt) % : -101.90% (As of Dec. 2022)


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What is Gerry Weber International AG 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. Gerry Weber International AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -101.90%.

The historical rank and industry rank for Gerry Weber International AG's ROC (Joel Greenblatt) % or its related term are showing as below:

HAM:GWI2's ROC (Joel Greenblatt) % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 8.61
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Gerry Weber International AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Gerry Weber International AG ROC (Joel Greenblatt) % Historical Data

The historical data trend for Gerry Weber International AG'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.

Gerry Weber International AG ROC (Joel Greenblatt) % Chart

Gerry Weber International AG Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 -37.68 -24.49 22.71 -19.56

Gerry Weber International AG Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 109.71 1.80 -0.57 17.39 -101.90

Competitive Comparison of Gerry Weber International AG's ROC (Joel Greenblatt) %

For the Apparel Manufacturing subindustry, Gerry Weber International AG'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.


Gerry Weber International AG's ROC (Joel Greenblatt) % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gerry Weber International AG's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gerry Weber International AG's ROC (Joel Greenblatt) % falls into.



Gerry Weber International AG 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: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.946 + 72.845 + 35.892) - (17.271 + 0 + 52.274)
=62.138

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.311 + 63.493 + 38.931) - (30.599 + 0 + 61.362)
=24.774

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gerry Weber International AG for the quarter that ended in Dec. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-147.968/( ( (119.21 + max(62.138, 0)) + (84.299 + max(24.774, 0)) )/ 2 )
=-147.968/( ( 181.348 + 109.073 )/ 2 )
=-147.968/145.2105
=-101.90 %

Note: The EBIT data used here is four times the quarterly (Dec. 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.


Gerry Weber International AG  (HAM:GWI2) 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.


Gerry Weber International AG ROC (Joel Greenblatt) % Related Terms

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Gerry Weber International AG (HAM:GWI2) Business Description

Traded in Other Exchanges
N/A
Address
Neulehenstrasse 8, Halle / Westphalia, NW, DEU, 33790
Gerry Weber International AG is an apparel manufacturing company. The company's core segments comprise Retail, Wholesale, and E-Commerce. Retail segment comprises the company's retail activities in the national and international houses of GERRY WEBER and mono-label stores, the concession stores, and the factory outlets. Its brands are GERRY WEBER, TAIFUN, and SAMOON. Wholesale segment comprises the wholesale activities of the group's brand. It offers knitwear, shirts, blouses, trousers, skirts, and outdoor jackets and accessories, and jewellery products. E-Commerce segment includes all online activities, essentially the e-shops and marketplaces.

Gerry Weber International AG (HAM:GWI2) Headlines

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