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Sears Hometown and Outlet Stores (Sears Hometown and Outlet Stores) ROC (Joel Greenblatt) % : -23.63% (As of Jul. 2019)


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What is Sears Hometown and Outlet Stores 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. Sears Hometown and Outlet Stores's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2019 was -23.63%.

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

SHOS's ROC (Joel Greenblatt) % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 10.105
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Sears Hometown and Outlet Stores's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Sears Hometown and Outlet Stores ROC (Joel Greenblatt) % Historical Data

The historical data trend for Sears Hometown and Outlet Stores'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.

Sears Hometown and Outlet Stores ROC (Joel Greenblatt) % Chart

Sears Hometown and Outlet Stores Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -41.90 -10.74 -15.07 -30.68 -14.48

Sears Hometown and Outlet Stores Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 -24.00 -2.28 -42.51 -10.85 -23.63

Competitive Comparison of Sears Hometown and Outlet Stores's ROC (Joel Greenblatt) %

For the Department Stores subindustry, Sears Hometown and Outlet Stores'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.


Sears Hometown and Outlet Stores's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sears Hometown and Outlet Stores's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Sears Hometown and Outlet Stores's ROC (Joel Greenblatt) % falls into.



Sears Hometown and Outlet Stores 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: Apr. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.803 + 262.977 + 5.407) - (34.48 + 0 + 42.623)
=202.084

Working Capital(Q: Jul. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.062 + 139.671 + 227.144) - (16.222 + 0 + 172.073)
=187.582

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Sears Hometown and Outlet Stores for the quarter that ended in Jul. 2019 can be restated as:

ROC (Joel Greenblatt) %(Q: Jul. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2019  Q: Jul. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-64.076/( ( (137.721 + max(202.084, 0)) + (15.028 + max(187.582, 0)) )/ 2 )
=-64.076/( ( 339.805 + 202.61 )/ 2 )
=-64.076/271.2075
=-23.63 %

Note: The EBIT data used here is four times the quarterly (Jul. 2019) 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.


Sears Hometown and Outlet Stores  (NAS:SHOS) 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.


Sears Hometown and Outlet Stores ROC (Joel Greenblatt) % Related Terms

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Sears Hometown and Outlet Stores (Sears Hometown and Outlet Stores) Business Description

Traded in Other Exchanges
N/A
Address
5500 Trillium Boulevard, Suite 501, Hoffman Estates, IL, USA, 60192
Sears Hometown and Outlet Stores Inc is a national retailer engaged in the selling of home appliances, lawn and garden equipment, and hardware at its stores and on its websites. It also offers its customers the opportunity to acquire home appliance, lawn and garden, fitness, bedding, and other categories of merchandise and product protection agreements through the lease-to-own program that it operates by agreement with a third party. Its business segments are the Sears Hometown and Hardware, and the Sears Outlet.
Executives
William K Phelan director 3333 BEVERLY ROAD HOFFMAN ESTATES IL 60179
James F Gooch director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Josephine Linden director 6601 SOUTH BERMUDA ROAD, LAS VEGAS NV 89119
Esl Partners Lp 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Esl Investments Inc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Edward S Lampert 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Rbs Partners L P /ct 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Ryan D Robinson officer: Senior VP and CFO/CAO 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Rbs Investment Management Llc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Esl Institutional Partners Lp 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Crk Partners Llc 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR ISLANDS FL 33154
Spe Master I, L.p. 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Spe I Partners, L.p. 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOR FL 33154
Jeffrey Flug director C/O PENNANTPARK INVESTMENT CORPORATION, 445 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
William R Harker director 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192

Sears Hometown and Outlet Stores (Sears Hometown and Outlet Stores) Headlines