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ZDPY (Zoned Properties) ROC (Joel Greenblatt) % : 4,800.00% (As of Sep. 2024)


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What is Zoned Properties 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. Zoned Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4,800.00%.

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

ZDPY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5864.62   Med: -8.86   Max: 1192.77
Current: 1192.77

During the past 13 years, Zoned Properties's highest ROC (Joel Greenblatt) % was 1192.77%. The lowest was -5864.62%. And the median was -8.86%.

ZDPY's ROC (Joel Greenblatt) % is ranked better than
93.67% of 1769 companies
in the Real Estate industry
Industry Median: 9.2 vs ZDPY: 1192.77

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


Zoned Properties ROC (Joel Greenblatt) % Historical Data

The historical data trend for Zoned Properties'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.

Zoned Properties ROC (Joel Greenblatt) % Chart

Zoned Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 427.45 220.51 -290.32 -907.69 143.59

Zoned Properties Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2,018.69 -2,058.43 2,684.21 1,600.00 4,800.00

Competitive Comparison of Zoned Properties's ROC (Joel Greenblatt) %

For the Real Estate Services subindustry, Zoned Properties'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.


Zoned Properties's ROC (Joel Greenblatt) % Distribution in the Real Estate Industry

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

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



Zoned Properties 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)
=(0.079 + 0 + 0.277) - (0.727 + 0.365 + 0.00099999999999989)
=-0.737

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.105 + 0 + 0.159) - (0.749 + 0.323 + 0)
=-0.808

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Zoned Properties 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 )
=0.984/( ( (0.026 + max(-0.737, 0)) + (0.015 + max(-0.808, 0)) )/ 2 )
=0.984/( ( 0.026 + 0.015 )/ 2 )
=0.984/0.0205
=4,800.00 %

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.


Zoned Properties  (OTCPK:ZDPY) 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.


Zoned Properties ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Zoned Properties's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zoned Properties Business Description

Traded in Other Exchanges
N/A
Address
8360 E. Raintree Drive, Suite 230, Scottsdale, AZ, USA, 85260
Zoned Properties Inc is a technology-driven property investment company focused on acquiring value-added real estate within the regulated cannabis industry in the United States. It aspires to innovate within the real estate development sector, focusing on direct-to-consumer real estate that is leased to the cannabis retailers. It operates in two organized segments; the Property Investment Portfolio segment, and the Real Estate Services segment. It generates the majority of its revenue Property Investment Portfolio segment.
Executives
Derek Overstreet director C/O ZONED PROPERTIES, INC., 14269 N. 87TH STREET #205, SCOTTSDALE AZ 85260
Bryan Mclaren director, officer: CEO & President C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Daniel Ryan Gauthier officer: Chief Legal Officer & CCO 8360 E. RAINTREE DRIVE, #230, SCOTTSDALE AZ 85260
Art Friedman director C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD.,#208,, SCOTTSDALE AZ 85260
Berekk Alan Blackwell officer: Chief Operating Officer C/O ZONED PROPERTIES, INC., 14269 N. 87TH STREET, #205, SCOTTSDALE AZ 85260
Jody Kevin Kane director 92 VALLEY ROAD, WEST HARRISION NY 10604
David G. Honaman director C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Adam C Wasserman officer: Chief Financial Officer 1643 ROYAL GROVE WAY, WESTON FL 33327
Irvin Rosenfeld director C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Alan B. Abrams 10 percent owner 2286 E. WALKER RD, PRESCOTT AZ 86303
Christopher Carra 10 percent owner 8880 E FRIESS, SCOTTSDALE AZ 85260
Greg Johnston 10 percent owner 915 STITCH RD., LAKE STEVENS WA 98258
Alex Mclaren director C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Patricia Haugland officer: Chief Operating Officer C/O ZONED PROPERTIES, INC., 14300 N. NORTHSIGHT BLVD., #208, SCOTTSDALE AZ 85260
Christopher Michael Anzalone director, 10 percent owner, officer: President and CEO 6301 NW 5TH WAY, SUITE 5000, FT. LAUDERDALE FL 33309