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WBBA (WB Burgers Asia) ROC (Joel Greenblatt) % : -102.93% (As of Apr. 2024)


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What is WB Burgers Asia 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. WB Burgers Asia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2024 was -102.93%.

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

WBBA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2609.52   Med: -598.31   Max: -80.62
Current: -297.83

During the past 11 years, WB Burgers Asia's highest ROC (Joel Greenblatt) % was -80.62%. The lowest was -2609.52%. And the median was -598.31%.

WBBA's ROC (Joel Greenblatt) % is ranked worse than
98.25% of 343 companies
in the Restaurants industry
Industry Median: 10.47 vs WBBA: -297.83

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


WB Burgers Asia ROC (Joel Greenblatt) % Historical Data

The historical data trend for WB Burgers Asia'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.

WB Burgers Asia ROC (Joel Greenblatt) % Chart

WB Burgers Asia Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jul20 Jul21 Jul22 Jul23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,445.83 - - -80.62 -316.07

WB Burgers Asia Quarterly Data
Sep07 Dec07 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -119.11 -855.27 -199.78 -90.20 -102.93

Competitive Comparison of WB Burgers Asia's ROC (Joel Greenblatt) %

For the Restaurants subindustry, WB Burgers Asia'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.


WB Burgers Asia's ROC (Joel Greenblatt) % Distribution in the Restaurants Industry

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

* The bar in red indicates where WB Burgers Asia's ROC (Joel Greenblatt) % falls into.



WB Burgers Asia 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: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.013 + 0.013 + 0.088) - (0.266 + 0 + 0)
=-0.152

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.018 + 0.011 + 0.049) - (0.279 + 0 + 0)
=-0.201

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of WB Burgers Asia for the quarter that ended in Apr. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2024  Q: Apr. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.212/( ( (1.278 + max(-0.152, 0)) + (1.077 + max(-0.201, 0)) )/ 2 )
=-1.212/( ( 1.278 + 1.077 )/ 2 )
=-1.212/1.1775
=-102.93 %

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


WB Burgers Asia  (OTCPK:WBBA) 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.


WB Burgers Asia ROC (Joel Greenblatt) % Related Terms

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WB Burgers Asia Business Description

Traded in Other Exchanges
N/A
Address
3F K’s Minamiaoyama, 6-6-20 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
WB Burgers Asia Inc establishes and operates Wayback Burgers restaurants in Japan.
Executives
Kiyoshi Noda 10 percent owner ROOM 301 1-35-19 NERIMA-KU, NERIMA, TOKYO M0 176-0001
Koichi Ishizuka director, 10 percent owner, officer: CEO, CFO, President 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd. 10 percent owner 3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Yuma Muranushi 10 percent owner ROOM 202 3-5-1 HIGASHI AZABU, MINATO-KU, TOKYO M0 106-0044
Flint Consulting Services, Llc 10 percent owner 780 RESERVOIR AVE #123, CRANSTON RI 029910

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