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RGR (Sturm Ruger) ROC (Joel Greenblatt) % : 12.66% (As of Sep. 2024)


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What is Sturm Ruger 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. Sturm Ruger's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 12.66%.

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

RGR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.48   Med: 60.08   Max: 221.81
Current: 22.48

During the past 13 years, Sturm Ruger's highest ROC (Joel Greenblatt) % was 221.81%. The lowest was 22.48%. And the median was 60.08%.

RGR's ROC (Joel Greenblatt) % is ranked better than
68.69% of 313 companies
in the Aerospace & Defense industry
Industry Median: 11.02 vs RGR: 22.48

Sturm Ruger's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.30% per year.


Sturm Ruger ROC (Joel Greenblatt) % Historical Data

The historical data trend for Sturm Ruger'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.

Sturm Ruger ROC (Joel Greenblatt) % Chart

Sturm Ruger Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.36 133.24 221.81 119.87 49.41

Sturm Ruger 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 21.73 29.66 22.45 25.67 12.66

Competitive Comparison of Sturm Ruger's ROC (Joel Greenblatt) %

For the Aerospace & Defense subindustry, Sturm Ruger'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.


Sturm Ruger's ROC (Joel Greenblatt) % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Sturm Ruger's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Sturm Ruger 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)
=(56.119 + 73.332 + 16.857) - (29.583 + 0 + 22.438)
=94.287

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.157 + 76.036 + 14.944) - (31.495 + 0 + 23.475)
=96.167

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sturm Ruger 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 )
=21.156/( ( (71.314 + max(94.287, 0)) + (72.529 + max(96.167, 0)) )/ 2 )
=21.156/( ( 165.601 + 168.696 )/ 2 )
=21.156/167.1485
=12.66 %

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.


Sturm Ruger  (NYSE:RGR) 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.


Sturm Ruger ROC (Joel Greenblatt) % Related Terms

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


Sturm Ruger Business Description

Traded in Other Exchanges
Address
1 Lacey Place, Southport, CT, USA, 06890
Sturm Ruger & Co Inc and its subsidiary are principally engaged in the design, manufacture, and sale of firearms to domestic customers. The company's design and manufacturing operations are in the United States and almost all product content is domestic. The Company has two reportable operating segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a number of federally-licensed, independent wholesale distributors located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding parts. It generates maximum income from the sale of Firearms.
Executives
Terrence Gregory Oconnor director C/O HIGH RISE PARTNERS, 325 NORTH AVENUE EAST, WESTFIELD NJ 07090
Sarah F Colbert officer: VP of Administration ONE LACEY PLACE, SOUTHPORT CT 06890
Amir Rosenthal director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Christopher John Killoy officer: Vice President Sales and Mtg. C/O STURM, RUGER, & COMPANY, INC., 1 LACEY PLACE, SOUTHPORT CT 06890
Michael W Wilson officer: VP of Mayodan Operations ONE LACEY PLACE, SOUTHPORT CT 06890
Reid Kevin B. Sr officer: VP & General Counsel C/O STURM, RUGER & CO. INC, 1 LACEY PLACE, SOUTHPORT CT 06890
Timothy Lowney officer: VP of Prescott Operations 1 LACEY PLACE, SOUTHPORT CT 06890
Rebecca S Halstead director ONE LACEY PLACE, SOUTHPORT CT 06890
Shawn Christopher Leska officer: Vice President, Sales ONE LACEY PLACE, SOUTHPORT CT 06890
C Michael Jacobi director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762
Randall Wheeler officer: VP of Newport Operations 1 LACEY PLACE, SOUTHPORT CT 06890
Thomas Patrick Sullivan officer: VP of Newport Operations C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Ronald C Whitaker director C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Thomas Anthony Dineen officer: Treasurer and CFO
Michael O Fifer director, officer: President & CEO C/O STURM RUGER & COMPANY, INC, ONE LACEY PLACE, SOUTHPORT CT 06890