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HFactor (HFactor) ROC (Joel Greenblatt) % : -234.95% (As of Sep. 2023)


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What is HFactor 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. HFactor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -234.95%.

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

HWTR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -788.57   Med: -550.12   Max: -154.92
Current: -154.92

During the past 6 years, HFactor's highest ROC (Joel Greenblatt) % was -154.92%. The lowest was -788.57%. And the median was -550.12%.

HWTR's ROC (Joel Greenblatt) % is not ranked
in the Real Estate industry.
Industry Median: 10 vs HWTR: -154.92

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


HFactor ROC (Joel Greenblatt) % Historical Data

The historical data trend for HFactor'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.

HFactor ROC (Joel Greenblatt) % Chart

HFactor Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial - - - -311.67 -788.57

HFactor Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -908.41 -487.47 777.20 -652.31 -234.95

Competitive Comparison of HFactor's ROC (Joel Greenblatt) %

For the Real Estate Services subindustry, HFactor'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.


HFactor's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HFactor's ROC (Joel Greenblatt) % distribution charts can be found below:

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



HFactor 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.046 + 0.44 + 0.05) - (3.563 + 0 + 0.802)
=-3.829

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.033 + 0.409 + 0.207) - (3.899 + 0 + 0.802)
=-4.052

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of HFactor for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.484/( ( (0.202 + max(-3.829, 0)) + (0.21 + max(-4.052, 0)) )/ 2 )
=-0.484/( ( 0.202 + 0.21 )/ 2 )
=-0.484/0.206
=-234.95 %

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


HFactor  (OTCPK:HWTR) 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.


HFactor ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of HFactor's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


HFactor (HFactor) Business Description

Traded in Other Exchanges
N/A
Address
244 Madison Avenue, Suite 1249, New York, NY, USA, 10016
HFactor Inc operates through its wholly-owned subsidiary, engages in the purchase, development, and operation of growing space and related facilities, and leasing the facilities to marijuana growers and dispensary owners.
Executives
Joseph J Meuse director, 10 percent owner 211 FALMOUTH STREET, WARRENTON VA 20186
Belmont Partners, Llc director, officer: Director 360 MAIN STREET, P.O. BOX 393, WASHINGTON VA 22747
John R Signorello 10 percent owner 205 VAN BUREN STREET, SUITE 420, HERNDON VA 20170
Bluepoint Financial, Llc 10 percent owner 4126 LEONARD DRIVE, FAIRFAX VA 22030
Robert J Druzak director, 10 percent owner, officer: President and CEO 670 EDGEBROOK LN, WEST PALM BEACH FL 33411
Elizabeth Crews other: Former Director CFO 10% Owner 6726 N. RIVER SHORE DRIVE, TAMPA FL 33604
Head William G Iii director P.O. BOX 6692, RALEIGH NC 27628

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