GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Link Parks Inc (OTCPK:PSBZP.PFD) » Definitions » ROC (Joel Greenblatt) %

Link Parks (Link Parks) ROC (Joel Greenblatt) % : 0.00% (As of Sep. 2022)


View and export this data going back to 2019. Start your Free Trial

What is Link Parks 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. Link Parks's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 0.00%.

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

PSBZP.PFD's ROC (Joel Greenblatt) % is not ranked *
in the REITs industry.
Industry Median: 112.295
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Link Parks ROC (Joel Greenblatt) % Historical Data

The historical data trend for Link Parks'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.

Link Parks ROC (Joel Greenblatt) % Chart

Link Parks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Link Parks Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - - - - -

Competitive Comparison of Link Parks's ROC (Joel Greenblatt) %

For the REIT - Diversified subindustry, Link Parks'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.


Link Parks's ROC (Joel Greenblatt) % Distribution in the REITs Industry

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

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



Link Parks 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.571 + 0 + 0) - (92.047 + 0 + 0)
=-90.476

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.422 + 0 + 128.587) - (151.342 + 0 + 0)
=-14.333

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Link Parks for the quarter that ended in Sep. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(-90.476, 0)) + (0 + max(-14.333, 0)) )/ 1 )
=0/( ( 0 + 0 )/ 1 )
=0/0
= %

Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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.


Link Parks  (OTCPK:PSBZP.PFD) 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.


Link Parks ROC (Joel Greenblatt) % Related Terms

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


Link Parks (Link Parks) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Link Parks Inc formerly NamePS Business Parks Inc is a real estate investment trust that owns and operates primarily multitenant commercial warehouse, office, industrial park, and flex properties in the United States. The business activities of the group functioned through the acquisition, development, ownership and management of commercial real estate and the acquisition, development, ownership and management of multifamily real estate. The company defines flex space as locations that combine both warehouse and office space in a single configuration. Almost half the company's properties are located in California. The company generates nearly most of its revenue from rental income derived from its flex space and low-rise office holdings.
Executives
Timothy J Beaudin director C/O CATELLUS DEVELOPMENT CORP, 29029 UPPER BEAR CREEK RD STE 203, EVERGREEN CO 80439
David Eric Levine director C/O PS BUSINESS PARKS, INC., 345 PARK AVENUE, NEW YORK NY 10154
Justin A Brown director C/O PS BUSINESS PARKS, INC., 345 PARK AVENUE, NEW YORK NY 10154
Ryan Ingle director C/O PS BUSINESS PARKS, INC., 345 PARK AVENUE, NEW YORK NY 10154
Andrea Drasites director C/O PS BUSINESS PARKS, INC., 345 PARK AVENUE, NEW YORK NY 10154
Samantha Wallack director C/O PS BUSINESS PARKS, INC., 345 PARK AVENUE, NEW YORK NY 10154
Nicholas L. Pell officer: President 521 5TH AVENUE, 30TH FLOOR, NEW YORK NY 10175
Luke J Petherbridge officer: CEO & Secretary 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Matthew Louis Ostrower officer: See Remarks 3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Ernest Michael Freedman director 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Havner Ronald L Jr director 701 WESTERN AVENUE, GLENDALE CA 91201
Maria R Hawthorne director 701 WESTERN AVENUE, GLENDALE CA 91201
Trenton Groves officer: SVP, CAO & Asst. Sec. C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Adeel Khan officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Jennifer Holden Dunbar director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201