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Coffee Day Enterprises (NSE:COFFEEDAY) ROC (Joel Greenblatt) % : 13.17% (As of Sep. 2024)


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What is Coffee Day Enterprises 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. Coffee Day Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 13.17%.

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

NSE:COFFEEDAY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -29.76   Med: 8.2   Max: 25
Current: -29.76

During the past 11 years, Coffee Day Enterprises's highest ROC (Joel Greenblatt) % was 25.00%. The lowest was -29.76%. And the median was 8.20%.

NSE:COFFEEDAY's ROC (Joel Greenblatt) % is ranked worse than
90.38% of 343 companies
in the Restaurants industry
Industry Median: 10.71 vs NSE:COFFEEDAY: -29.76

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


Coffee Day Enterprises ROC (Joel Greenblatt) % Historical Data

The historical data trend for Coffee Day Enterprises'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.

Coffee Day Enterprises ROC (Joel Greenblatt) % Chart

Coffee Day Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.00 -17.73 -5.84 -26.05 -23.87

Coffee Day Enterprises 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 -72.30 64.92 -108.63 2.63 13.17

Competitive Comparison of Coffee Day Enterprises's ROC (Joel Greenblatt) %

For the Restaurants subindustry, Coffee Day Enterprises'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.


Coffee Day Enterprises's ROC (Joel Greenblatt) % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Coffee Day Enterprises's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Coffee Day Enterprises 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)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(631.2 + 335.6 + 243.4) - (1987.5 + 0 + 4201.7)
=-4979

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Coffee Day Enterprises 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 )
=749.6/( ( (0 + max(0, 0)) + (5692.3 + max(-4979, 0)) )/ 1 )
=749.6/( ( 0 + 5692.3 )/ 1 )
=749.6/5692.3
=13.17 %

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.


Coffee Day Enterprises  (NSE:COFFEEDAY) 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.


Coffee Day Enterprises ROC (Joel Greenblatt) % Related Terms

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Coffee Day Enterprises Business Description

Traded in Other Exchanges
Address
No. 165, R.V. Road, Near Minerva Circle, Bangalore, KA, IND, 560004
Coffee Day Enterprises Ltd is engaged in a coffee business which includes procuring, processing, and roasting of coffee beans to retailing of coffee products across various formats. The company is also engaged in the logistics business providing services as port handling, road and rail, logistics, container freight stations, and mining to provide integrated logistics solutions. It operates through the following business segments: Coffee and related business, Integrated multimodal logistics, Hospitality Services, and Investment and other corporate operations. The majority of the company's revenue comes from its Coffee-related business. The vast majority of its revenue is generated within India.

Coffee Day Enterprises Headlines

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