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SVNDY (Seven & i Holdings Co) ROC (Joel Greenblatt) % : 5.91% (As of Aug. 2024)


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What is Seven & i Holdings Co 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. Seven & i Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 5.91%.

The historical rank and industry rank for Seven & i Holdings Co's ROC (Joel Greenblatt) % or its related term are showing as below:

SVNDY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.36   Med: 13.41   Max: 17.82
Current: 7.4

During the past 13 years, Seven & i Holdings Co's highest ROC (Joel Greenblatt) % was 17.82%. The lowest was 7.36%. And the median was 13.41%.

SVNDY's ROC (Joel Greenblatt) % is ranked worse than
70.98% of 317 companies
in the Retail - Defensive industry
Industry Median: 15.01 vs SVNDY: 7.40

Seven & i Holdings Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -13.20% per year.


Seven & i Holdings Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Seven & i Holdings Co'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.

Seven & i Holdings Co ROC (Joel Greenblatt) % Chart

Seven & i Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.63 12.54 12.09 10.88 6.93

Seven & i Holdings Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1.88 13.56 6.03 4.34 5.91

Competitive Comparison of Seven & i Holdings Co's ROC (Joel Greenblatt) %

For the Grocery Stores subindustry, Seven & i Holdings Co'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.


Seven & i Holdings Co's ROC (Joel Greenblatt) % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Seven & i Holdings Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Seven & i Holdings Co's ROC (Joel Greenblatt) % falls into.



Seven & i Holdings Co 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: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3258.965 + 2020.606 + 4199.338) - (4093.518 + 0 + 12355.207)
=-6969.816

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3587.346 + 2306.998 + 4426.069) - (4788.256 + 0 + 13686.079)
=-8153.922

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Seven & i Holdings Co for the quarter that ended in Aug. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1930.616/( ( (30796.579 + max(-6969.816, 0)) + (34498.315 + max(-8153.922, 0)) )/ 2 )
=1930.616/( ( 30796.579 + 34498.315 )/ 2 )
=1930.616/32647.447
=5.91 %

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


Seven & i Holdings Co  (OTCPK:SVNDY) 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.


Seven & i Holdings Co ROC (Joel Greenblatt) % Related Terms

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Seven & i Holdings Co Business Description

Traded in Other Exchanges
Address
8-8, Nibancho, Chiyoda-ku, Tokyo, JPN, 102-8452
Seven & i Holdings operates 7-Eleven, the world's largest convenience store chain, with more than 84,000 stores, including nearly 49,000 operated by licensees globally. Convenience stores, mainly in Japan and North America, represent 86% of group sales (81% of operating revenue) and around 90% of operating profits. 7-Eleven Japan, the market leader in Japan's convenience store industry, has acquired 46% value share and 38% share in store count. 7-Eleven, the largest convenience store chain in the US, made a $21 billion acquisition of Speedway in 2020. The deal increased its total store count to more than 13,000. Other retail includes superstores and specialty retailers, both of which have low margins. The financial business, mainly ATM operations, is another key profit contributor.