GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Janel Corp (OTCPK:JANL) » Definitions » ROC (Joel Greenblatt) %

Janel (JANL) ROC (Joel Greenblatt) % : 28.87% (As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Janel 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. Janel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 28.87%.

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

JANL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -27.19   Med: 25.19   Max: 292.95
Current: 23.59

During the past 13 years, Janel's highest ROC (Joel Greenblatt) % was 292.95%. The lowest was -27.19%. And the median was 25.19%.

JANL's ROC (Joel Greenblatt) % is ranked better than
73.24% of 964 companies
in the Transportation industry
Industry Median: 12.755 vs JANL: 23.59

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


Janel ROC (Joel Greenblatt) % Historical Data

The historical data trend for Janel'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.

Janel ROC (Joel Greenblatt) % Chart

Janel Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.19 50.34 6.73 14.39 23.52

Janel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.43 28.16 17.89 19.81 28.87

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

For the Integrated Freight & Logistics subindustry, Janel'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.


Janel's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Janel's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Janel 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(32.627 + 4.556 + 4.477) - (41.302 + 0 + 1.149)
=-0.791

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.815 + 4.478 + 4.829) - (41.76 + 0 + 1.262)
=0.1

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Janel for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.132/( ( (14.409 + max(-0.791, 0)) + (14.113 + max(0.1, 0)) )/ 2 )
=4.132/( ( 14.409 + 14.213 )/ 2 )
=4.132/14.311
=28.87 %

Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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.


Janel  (OTCPK:JANL) 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.


Janel ROC (Joel Greenblatt) % Related Terms

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


Janel Business Description

Traded in Other Exchanges
N/A
Address
80 Eighth Avenue, New York, NY, USA, 10011
Janel Corp is a holding company. The company's operating segments include Logistics Services, Manufacturing, and Life Sciences. The logistics Services segment is a full-service provider of cargo transportation logistics management services, including freight forwarding via air, ocean, and land-based carriers, customs brokerage services, warehousing, and distribution services. The Manufacturing segment is engaged in manufacturing and distributing industrial mixing equipment and apparatus for specific applications within various industries. The Life Sciences segment manufactures and distributes monoclonal and polyclonal antibodies, diagnostic reagents, and other immunoreagents for biomedical research. It generates maximum revenue from the Logistics Services segment.
Executives
Gregory B Graves director 129 CONCORD ROAD, BILLERICA MA 01821
Gonzalez John Joseph Ii 10 percent owner, officer: SR Managing Director NE Region 7 PARSONS LANDING, ISLIP NY 11751
Kesteren Gerard Van director 80 EIGHTH AVENUE, NEW YORK NY 10011
Dominique Schulte 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Brendan James Killackey director 80 EIGHTH AVENUE, NEW YORK NY 10011
Oaxaca Group L.l.c. 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Vincent Verde officer: CFO C/O JANEL CORPORATION, 303 MERRICK ROAD, SUITE 400, LYNBROOK NY 11563
Ryan Karen Miller director 2260 S ADAMS, DENVER CO 80210
John Eidinger 10 percent owner 80 EIGHTH AVENUE, NEW YORK NY 10011
Gregory J Melsen director 614 MCKINLEY PLACE NE, MINNEAPOLIS MN 55413
James N Jannello 10 percent owner 303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563
Carlos Pla officer: CFO 303 MERRICK ROAD, SUITE 400, LYNBROOK NY 11563
Brian Aronson officer: CFO 745 BOULEVARD EAST, WEEHAWKEN NJ 07086
Nicholas V Ferrara director 303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563
Philip J Dubato officer: EVP of Finance 303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563

Janel Headlines