GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BAB Inc (OTCPK:BABB) » Definitions » ROC (Joel Greenblatt) %

BAB (BABB) ROC (Joel Greenblatt) % : 220.32% (As of Feb. 2024)


View and export this data going back to . Start your Free Trial

What is BAB 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. BAB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 220.32%.

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

BABB' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 67.24   Med: 285.97   Max: 23000
Current: 501.46

During the past 13 years, BAB's highest ROC (Joel Greenblatt) % was 23000.00%. The lowest was 67.24%. And the median was 285.97%.

BABB's ROC (Joel Greenblatt) % is ranked better than
99.42% of 1885 companies
in the Consumer Packaged Goods industry
Industry Median: 11.5 vs BABB: 501.46

BAB's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 36.40% per year.


BAB ROC (Joel Greenblatt) % Historical Data

The historical data trend for BAB'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.

BAB ROC (Joel Greenblatt) % Chart

BAB Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.74 67.24 207.27 351.45 763.98

BAB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 168.97 739.46 1,269.57 1,555.56 220.32

Competitive Comparison of BAB's ROC (Joel Greenblatt) %

For the Packaged Foods subindustry, BAB'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.


BAB's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

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

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



BAB 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: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.072 + 0 + 0.28) - (0.376 + 0.03 + 0.202)
=-0.256

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.069 + 0 + 0.323) - (0.47 + 0.024 + 0.232)
=-0.334

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BAB for the quarter that ended in Feb. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.488/( ( (0.033 + max(-0.256, 0)) + (0.41 + max(-0.334, 0)) )/ 2 )
=0.488/( ( 0.033 + 0.41 )/ 2 )
=0.488/0.2215
=220.32 %

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


BAB  (OTCPK:BABB) 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.


BAB ROC (Joel Greenblatt) % Related Terms

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


BAB (BABB) Business Description

Traded in Other Exchanges
N/A
Address
500 Lake Cook Road, Suite 475, Deerfield, IL, USA, 60015
BAB Inc franchises and licenses bagel and muffin retail units under the Big Apple Bagels, My Favorite Muffin, and SweetDuet trade names. The company also sell its trademark bagels, muffins and coffee through nontraditional channels of distribution including under licensing agreements with Kohr Bros. Frozen Custard and Green Beans Coffee. It has approximately 68 franchise units and 4 licensed units in operation in 20 states across the United States and one international location.
Executives
Geraldine Conn officer: Chief Financial Officer 2418 ABBEY DRIVE, DARIEN IL 60561
Jcp Investment Management, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Holdings, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
James C Pappas 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Michael K Murtaugh director, 10 percent owner, officer: Vice President General Counsel 500 LAKE COOK ROAD, SUITE 475, DEERFIELD IL 60015
Jeffrey M Gorden officer: Chief Financial Officer 500 LAKE COOK ROAD, SUITE 475, DEERFIELD IL 60015
James Allen Lentz director 1415 COLLEGE LANE SOUTH, WHEATON IL 60187
David L Epstein director PRECISION RESPONSE CORP, 1505 N W 167TH STREET, MIAMI FL 33169
John J Bracken officer: Vice President Operations 8501 W HIGGINS RD, STE 320, CHICAGO IL 60631
Michael W Evans director, 10 percent owner, officer: Chief Executive Officer 500 LAKE COOK ROAD, SUITE 475, DEERFIELD IL 60015
Steven G Feldman director
Bab Inc officer: Chief Financial Officer 500 LAKE COOK ROAD, SUITE 475, DEERFIELD IL 60015

BAB (BABB) Headlines

From GuruFocus

BAB, Inc. Announces Cash Distribution

By Marketwired Marketwired 01-27-2021

BAB, Inc. Reports Year-ended 11/30/22 Results

By sperokesalga sperokesalga 02-15-2023

BAB, Inc. Reports Results for 3rd Quarter FY 2020

By Marketwired Marketwired 10-06-2020

BAB, Inc. Announces Cash Distribution

By Marketwired Marketwired 09-10-2021

BAB, Inc. Reports Year-ended 11/30/20 Results

By GlobeNewswire GlobeNewswire 02-12-2021

BAB, Inc. Reports Results for 1st Quarter FY 2020

By Marketwired Marketwired 04-09-2020

BAB, Inc. Announces Cash Distribution

By GuruFocusNews GuruFocusNews 06-13-2022

BAB, Inc. Reports Year-ended 11/30/21 Results

By GuruFocusNews GuruFocusNews 02-09-2022

BAB, Inc. Announces Cash Distribution

By sperokesalga sperokesalga 06-06-2023