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Selina Hospitality (Selina Hospitality) ROC (Joel Greenblatt) % : 2.01% (As of Jun. 2023)


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What is Selina Hospitality 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. Selina Hospitality's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 2.01%.

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

SLNA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -26.5   Med: -20.92   Max: -1.28
Current: -1.28

During the past 3 years, Selina Hospitality's highest ROC (Joel Greenblatt) % was -1.28%. The lowest was -26.50%. And the median was -20.92%.

SLNA's ROC (Joel Greenblatt) % is ranked worse than
77.18% of 824 companies
in the Travel & Leisure industry
Industry Median: 9.285 vs SLNA: -1.28

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


Selina Hospitality ROC (Joel Greenblatt) % Historical Data

The historical data trend for Selina Hospitality'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.

Selina Hospitality ROC (Joel Greenblatt) % Chart

Selina Hospitality Annual Data
Trend Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
- -26.50 -15.34

Selina Hospitality Quarterly Data
Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial -8.95 - - -7.00 2.01

Competitive Comparison of Selina Hospitality's ROC (Joel Greenblatt) %

For the Resorts & Casinos subindustry, Selina Hospitality'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.


Selina Hospitality's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Selina Hospitality's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Selina Hospitality 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: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.043 + 2.437 + 22.104) - (84.417 + 0 + 3.068)
=-51.901

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.308 + 2.456 + 22.437) - (92.878 + 0 + 7.369)
=-62.046

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Selina Hospitality for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.404/( ( (527.614 + max(-51.901, 0)) + (505.913 + max(-62.046, 0)) )/ 2 )
=10.404/( ( 527.614 + 505.913 )/ 2 )
=10.404/516.7635
=2.01 %

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


Selina Hospitality  (NAS:SLNA) 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.


Selina Hospitality ROC (Joel Greenblatt) % Related Terms

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Selina Hospitality (Selina Hospitality) Business Description

Traded in Other Exchanges
Address
6th Floor, 2 London Wall Place, Barbican, London, GBR, EC2Y 5AU
Selina Hospitality PLC is a lifestyle and experiential hotel company built to address the needs and desires of millennial and Gen Z travelers, blending beautifully designed accommodation with co-working, recreation, wellness and local experiences. Selina provides guests with a global infrastructure to seamlessly travel and work abroad.