SVIN (Scheid Vineyards) ROC (Joel Greenblatt) %: -4.44% (As of Aug. 2023)

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SVIN Scheid Vineyards Inc SVIN
12 GF Score
Price $0.69
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What is Scheid Vineyards ROC (Joel Greenblatt) %?

Scheid Vineyards SVIN 12 ROC (Joel Greenblatt) % is -4.44% as of Aug. 2023. GuruFocus rates SVIN with a GF Score™ of 12/100.

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. Scheid Vineyards's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -4.44%.

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

SVIN's ROC (Joel Greenblatt) % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 11.88
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Scheid Vineyards  (OTCPK:SVIN) 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.


Scheid Vineyards ROC (Joel Greenblatt) % Related Terms


Scheid Vineyards ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Scheid Vineyards'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.

Scheid Vineyards ROC (Joel Greenblatt) % Chart

Scheid Vineyards Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 5.90 -1.52 -4.59 -9.30

Scheid Vineyards Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Feb15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Aug22 Aug23
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 -7.56 -10.85 -5.82 -2.08 -4.44

SVIN vs LQR, EAST, SRSG: ROC (Joel Greenblatt) % Comparison

For the Beverages - Wineries & Distilleries subindustry, Scheid Vineyards'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.


Scheid Vineyards ROC (Joel Greenblatt) % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Scheid Vineyards's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SVIN
12GF Score
Scheid Vineyards Inc SVIN
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Scheid Vineyards 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: Aug. 2022 )
=(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: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.097 + 65.858 + 0.104) - (6.687 + 0 + 7.105427357601E-15)
=67.372

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Scheid Vineyards for the quarter that ended in Aug. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.506/( ( (0 + max(0, 0)) + (101.547 + max(67.372, 0)) )/ 1 )
=-7.506/( ( 0 + 168.919 )/ 1 )
=-7.506/168.919
=-4.44 %

Note: The EBIT data used here is two times the semi-annual (Aug. 2023) 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.

What does a ROC (Joel Greenblatt) % of -4.44% mean?
Scheid Vineyards (SVIN) has a ROC (Joel Greenblatt) % of -4.44% as of Aug. 2023. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Scheid Vineyards and its competitors.
Is Scheid Vineyards' ROC (Joel Greenblatt) % too high?
Scheid Vineyards' current ROC (Joel Greenblatt) % is -4.44%. Overall, Scheid Vineyards has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Scheid Vineyards' ROC (Joel Greenblatt) % compare to LQR and EAST?
Scheid Vineyards' ROC (Joel Greenblatt) % of -4.44% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROC (Joel Greenblatt) % is 11.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Beverages - Alcoholic company?
The median ROC (Joel Greenblatt) % among Beverages - Alcoholic companies is 11.88, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Scheid Vineyards and its competitors. For the Beverages - Alcoholic industry, the median ROC (Joel Greenblatt) % is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scheid Vineyards's current ROC (Joel Greenblatt) % is -4.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scheid Vineyards stock overvalued right now?
Scheid Vineyards (SVIN) has a current ROC (Joel Greenblatt) % of -4.44%. The current ROC (Joel Greenblatt) % is -4.44%. Scheid Vineyards' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Scheid Vineyards (SVIN), the current ROC (Joel Greenblatt) % is -4.44% as of Aug. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Scheid Vineyards Business Description

Address 305 Hilltown Road, Salinas, CA, USA, 93908
Scheid Vineyards Inc is engaged in the production of premium varietal wine grapes and wine, the operation of a custom crush winery facility, and the sale of bottled wine through wholesalers and directly to consumers. The Company operates premium wine grape vineyards in Monterey County, California. Its segments are Finished Goods Sales, which generate maximum revenue and consist of wholesale transactions of finished packaged wine products sold mainly through distributors; Production Sales, which consist of bulk wine and grape sales and winery custom crush and storage services; and Direct Sales, which represent transactions directly to consumers, including tasting room, wine club and online sales.
12GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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