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JDE Peets NV (XAMS:JDEP) ROC (Joel Greenblatt) % : 69.52% (As of Jun. 2024)


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What is JDE Peets NV 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. JDE Peets NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 69.52%.

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

XAMS:JDEP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 39.72   Med: 65.44   Max: 70.37
Current: 55

During the past 8 years, JDE Peets NV's highest ROC (Joel Greenblatt) % was 70.37%. The lowest was 39.72%. And the median was 65.44%.

XAMS:JDEP's ROC (Joel Greenblatt) % is ranked better than
90.55% of 1904 companies
in the Consumer Packaged Goods industry
Industry Median: 11.85 vs XAMS:JDEP: 55.00

JDE Peets NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.60% per year.


JDE Peets NV ROC (Joel Greenblatt) % Historical Data

The historical data trend for JDE Peets NV'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.

JDE Peets NV ROC (Joel Greenblatt) % Chart

JDE Peets NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 70.00 49.81 66.40 65.44 39.72

JDE Peets NV Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.60 46.58 39.98 40.34 69.52

Competitive Comparison of JDE Peets NV's ROC (Joel Greenblatt) %

For the Packaged Foods subindustry, JDE Peets NV'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.


JDE Peets NV's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JDE Peets NV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where JDE Peets NV's ROC (Joel Greenblatt) % falls into.



JDE Peets NV 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(538 + 1248 + 268) - (3676 + 0 + 855)
=-2477

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(890 + 1430 + 94) - (4560 + 0 + 287)
=-2433

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of JDE Peets NV for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1228/( ( (1719 + max(-2477, 0)) + (1814 + max(-2433, 0)) )/ 2 )
=1228/( ( 1719 + 1814 )/ 2 )
=1228/1766.5
=69.52 %

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


JDE Peets NV  (XAMS:JDEP) 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.


JDE Peets NV ROC (Joel Greenblatt) % Related Terms

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JDE Peets NV Business Description

Address
Oosterdoksstraat 80, Amsterdam, NH, NLD, 1011 DK
Formed by a merger of D.E. Master Blenders and Mondelez International's coffee assets in 2015 and augmented by the acquisition of Peet's Coffee in 2019, JDE Peet's is the world's largest pure-play coffee and tea group by revenue, with operations in more than 100 developed and emerging countries. Its portfolio of over 50 brands includes global labels such as Peet's, Jacobs, L'Or, Senseo, Tassimo, and Pickwick; regional brands like Douwe Egberts, Stumptown, Kenco, Moccona, Intelligentsia, OldTown, Super, and Ofcay; and local marques such as Maison du Cafe in France, Harris in Australia, and Mighty Leaf Tea in the U.S. Offerings reach across the CPG, out-of-home, retail, and online channels. JDE Peet's was first listed in 2020, with Acorn Holdings and Mondelez owning the majority of shares.

JDE Peets NV Headlines

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