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Uranium Energy (LTS:0LJQ) ROC (Joel Greenblatt) % : -13.40% (As of Oct. 2024)


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What is Uranium Energy 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. Uranium Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -13.40%.

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

LTS:0LJQ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -43.61   Med: -17.25   Max: 3.74
Current: -8.85

During the past 13 years, Uranium Energy's highest ROC (Joel Greenblatt) % was 3.74%. The lowest was -43.61%. And the median was -17.25%.

LTS:0LJQ's ROC (Joel Greenblatt) % is ranked worse than
70.56% of 180 companies
in the Other Energy Sources industry
Industry Median: 8.495 vs LTS:0LJQ: -8.85

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


Uranium Energy ROC (Joel Greenblatt) % Historical Data

The historical data trend for Uranium Energy'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.

Uranium Energy ROC (Joel Greenblatt) % Chart

Uranium Energy Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.79 -14.10 3.74 -0.38 -5.51

Uranium Energy Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.48 2.26 -13.52 -10.36 -13.40

Competitive Comparison of Uranium Energy's ROC (Joel Greenblatt) %

For the Uranium subindustry, Uranium Energy'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.


Uranium Energy's ROC (Joel Greenblatt) % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Uranium Energy's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Uranium Energy 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: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 75.833 + 3.147) - (22.938 + 0 + 6.284)
=49.758

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 66.074 + 4.527) - (9.435 + 0 + 3.268)
=57.898

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-84.616/( ( (578.048 + max(49.758, 0)) + (577.288 + max(57.898, 0)) )/ 2 )
=-84.616/( ( 627.806 + 635.186 )/ 2 )
=-84.616/631.496
=-13.40 %

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


Uranium Energy  (LTS:0LJQ) 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.


Uranium Energy ROC (Joel Greenblatt) % Related Terms

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Uranium Energy Business Description

Address
500 North Shoreline Boulevard, Suite 800, Corpus Christi, TX, USA, 78401
Uranium Energy Corp is engaged in uranium mining and related activities. The company is working towards fueling the demand for carbon-free nuclear energy, a key solution to climate change, and energy source for the low-carbon future. The company is advancing its next generation of low-cost, environmentally friendly, in-situ recovery (ISR) mining uranium projects. The company has two extraction-ready ISR hub and spoke platforms in South Texas and Wyoming. UEC also has seven U.S. ISR uranium projects with all of their permits in place, with additional diversified holdings of uranium assets across the U.S., Canada and Paraguay.

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