GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Urban Barns Foods Inc (OTCPK:URBF) » Definitions » ROC (Joel Greenblatt) %

Urban Barns Foods (Urban Barns Foods) ROC (Joel Greenblatt) % : 1,025.00% (As of Jan. 2016)


View and export this data going back to 2008. Start your Free Trial

What is Urban Barns Foods 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. Urban Barns Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2016 was 1,025.00%.

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

URBF's ROC (Joel Greenblatt) % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 11.45
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Urban Barns Foods ROC (Joel Greenblatt) % Historical Data

The historical data trend for Urban Barns Foods'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.

Urban Barns Foods ROC (Joel Greenblatt) % Chart

Urban Barns Foods Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -127.50 -362.84 -926.58 -488.20 -325.39

Urban Barns Foods Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 -243.14 -390.26 69.23 -1,474.89 1,025.00

Competitive Comparison of Urban Barns Foods's ROC (Joel Greenblatt) %

For the Farm Products subindustry, Urban Barns Foods'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.


Urban Barns Foods's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

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

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



Urban Barns Foods 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: Oct. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.041 + 0.016 + 0.004) - (0.673 + 0 + 0)
=-0.612

Working Capital(Q: Jan. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.029 + 0.021 + 0.005) - (0.687 + 0 + 0)
=-0.632

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Urban Barns Foods for the quarter that ended in Jan. 2016 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2015  Q: Jan. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.1/( ( (0.426 + max(-0.612, 0)) + (0.374 + max(-0.632, 0)) )/ 2 )
=4.1/( ( 0.426 + 0.374 )/ 2 )
=4.1/0.4
=1,025.00 %

Note: The EBIT data used here is four times the quarterly (Jan. 2016) 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.


Urban Barns Foods  (OTCPK:URBF) 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.


Urban Barns Foods ROC (Joel Greenblatt) % Related Terms

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


Urban Barns Foods (Urban Barns Foods) Business Description

Traded in Other Exchanges
N/A
Address
13000 Chemin Bélanger, Mirabel, QC, CAN, J7J 2N8
Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's strategy is to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. They offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.
Executives
Jeremy Kendall director 17121 MISSISSAUGA RD, BELFOUNTAIN A6 00000

Urban Barns Foods (Urban Barns Foods) Headlines

No Headlines