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LL Flooring Holdings (LL Flooring Holdings) ROC (Joel Greenblatt) % : -18.46% (As of Dec. 2023)


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What is LL Flooring Holdings 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. LL Flooring Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.46%.

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

LL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -36.6   Med: -9.98   Max: 37.97
Current: -20.47

During the past 13 years, LL Flooring Holdings's highest ROC (Joel Greenblatt) % was 37.97%. The lowest was -36.60%. And the median was -9.98%.

LL's ROC (Joel Greenblatt) % is ranked worse than
84.03% of 1108 companies
in the Retail - Cyclical industry
Industry Median: 9.975 vs LL: -20.47

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


LL Flooring Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for LL Flooring Holdings'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.

LL Flooring Holdings ROC (Joel Greenblatt) % Chart

LL Flooring Holdings 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 6.16 18.80 19.03 -3.21 -20.11

LL Flooring Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -15.65 -12.57 -21.10 -30.80 -18.46

Competitive Comparison of LL Flooring Holdings's ROC (Joel Greenblatt) %

For the Home Improvement Retail subindustry, LL Flooring Holdings'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.


LL Flooring Holdings's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, LL Flooring Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where LL Flooring Holdings's ROC (Joel Greenblatt) % falls into.



LL Flooring Holdings 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 282.622 + 27.311) - (83.964 + 42.252 + 33.355)
=150.362

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 265.29 + 14.131) - (84.642 + 39.468 + 31.297)
=124.014

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of LL Flooring Holdings for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-70.124/( ( (243.491 + max(150.362, 0)) + (241.7 + max(124.014, 0)) )/ 2 )
=-70.124/( ( 393.853 + 365.714 )/ 2 )
=-70.124/379.7835
=-18.46 %

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


LL Flooring Holdings  (NYSE:LL) 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.


LL Flooring Holdings ROC (Joel Greenblatt) % Related Terms

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


LL Flooring Holdings (LL Flooring Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4901 Bakers Mill Lane, Richmond, VA, USA, 23230
LL Flooring Holdings Inc is a specialty retailer of hardwood flooring in North America. The firm primarily operates across the U.S. and Ontario, Canada, through its retail store operations segment. Its products include foreign and domestic hardwood species, engineered hardwood, laminate, resilient-vinyl, bamboo, and cork flooring. The company derives most of its revenue from laminate, vinyl, engineered vinyl plank, and porcelain tile, followed by Solid and Engineered Hardwood. The firm also offers a selection of flooring enhancements and accessories, including moldings, noise-reducing underlay, adhesives, and flooring tools. It primarily targets do-it-yourself (DIY), do-it-for-me (DIFM), and commercial customers. Bellawood is a core brand of the company.
Executives
Robert L Madore officer: EVP and CFO C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
F Terrence Blanchard officer: Interim CFO C/O LAWSON PRODUCTS, INC., 1666 EAST TOUHY AVENUE, DES PLAINES IL 60018
Kristian B Lesher officer: SVP and CTO 4901 BAKERS MILL LANE, RICHMOND VA 23230
Chasity D Grosh other: Chief Accounting Officer 4901 BAKERS MILL LANE, RICHMOND VA 23230
Michael E Dauberman officer: EVP, CGO 4901 BAKERS MILL LANE, RICHMOND VA 23230
Clark Douglas S Jr officer: SVP Merch & Supply Chain 4901 BAKERS MILL LANE, RICHMOND VA 23230
Douglas T Moore director 9950 MAYLAND DR, RICHMOND VA 23233
Joseph M Nowicki director C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Charles E Tyson director, officer: President & CEO LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Ashish Parmar director 4901 BAKERS MILL LANE, RICHMOND VA 23230
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Famous P Rhodes director 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Jimmie L Wade director C/O ADVANCE AUTO PARTS, 5673 AIRPORT RD, ROANOKE VA 24012
Matt T Argano officer: Chief Human Resources Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Terri F Graham director C/O JACK IN THE BOX INC, 9330 BALVOA AVE, SAN DIEGO CA 92123