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SEG (Seaport Entertainment Group) ROC (Joel Greenblatt) % : -29.66% (As of Sep. 2024)


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What is Seaport Entertainment Group 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. Seaport Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -29.66%.

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

SEG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -129.94   Med: -70.74   Max: -11.53
Current: -40.07

During the past 3 years, Seaport Entertainment Group's highest ROC (Joel Greenblatt) % was -11.53%. The lowest was -129.94%. And the median was -70.74%.

SEG's ROC (Joel Greenblatt) % is ranked worse than
86.09% of 1769 companies
in the Real Estate industry
Industry Median: 9.2 vs SEG: -40.07

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


Seaport Entertainment Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Seaport Entertainment Group'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.

Seaport Entertainment Group ROC (Joel Greenblatt) % Chart

Seaport Entertainment Group Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- -11.53 -129.94

Seaport Entertainment Group Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - -55.78 -40.43 -30.77 -29.66

Competitive Comparison of Seaport Entertainment Group's ROC (Joel Greenblatt) %

For the Real Estate Services subindustry, Seaport Entertainment Group'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.


Seaport Entertainment Group's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

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

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



Seaport Entertainment Group 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)
=(11.282 + 2.863 + 61.39) - (12.91 + 13.364 + 0)
=49.261

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.745 + 2.493 + 19.292) - (22.773 + 5.557 + 0)
=-3.8

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Seaport Entertainment Group 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 )
=-116.564/( ( (371.769 + max(49.261, 0)) + (364.985 + max(-3.8, 0)) )/ 2 )
=-116.564/( ( 421.03 + 364.985 )/ 2 )
=-116.564/393.0075
=-29.66 %

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.


Seaport Entertainment Group  (AMEX:SEG) 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.


Seaport Entertainment Group ROC (Joel Greenblatt) % Related Terms

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Seaport Entertainment Group Business Description

Comparable Companies
Traded in Other Exchanges
Address
199 Water Street, 28th Floor, New York, NY, USA, 10038
Website
Seaport Entertainment Group Inc own, operate and develop a unique collection of assets positioned at the intersection of entertainment and real estate. Its objective is to integrate one-of-a-kind real estate assets with a variety of restaurant, retail and leisure offerings to form vibrant mixed-use destinations where customers can work, play and socialize in one cohesive setting. The company has three operating segments: (1) Landlord Operations; (2) Hospitality; and (3) Sponsorships, Events, and Entertainment. Key revenue is generated from Landlord Operations which consists of the company's rental operations.

Seaport Entertainment Group Headlines