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Strawberry Fields REIT (Strawberry Fields REIT) ROC (Joel Greenblatt) % : 150.42% (As of Mar. 2024)


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What is Strawberry Fields REIT 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. Strawberry Fields REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 150.42%.

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

STRW' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 62.71   Med: 89.62   Max: 137.44
Current: 137.44

During the past 5 years, Strawberry Fields REIT's highest ROC (Joel Greenblatt) % was 137.44%. The lowest was 62.71%. And the median was 89.62%.

STRW's ROC (Joel Greenblatt) % is ranked better than
53.72% of 564 companies
in the REITs industry
Industry Median: 109.285 vs STRW: 137.44

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


Strawberry Fields REIT ROC (Joel Greenblatt) % Historical Data

The historical data trend for Strawberry Fields REIT'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.

Strawberry Fields REIT ROC (Joel Greenblatt) % Chart

Strawberry Fields REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- 62.71 68.13 111.10 129.21

Strawberry Fields REIT Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 101.73 118.20 137.01 150.84 150.42

Competitive Comparison of Strawberry Fields REIT's ROC (Joel Greenblatt) %

For the REIT - Healthcare Facilities subindustry, Strawberry Fields REIT'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.


Strawberry Fields REIT's ROC (Joel Greenblatt) % Distribution in the REITs Industry

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

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



Strawberry Fields REIT 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.334 + 0 + 25.585) - (16.907 + 0 + 0)
=32.012

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.302 + 0 + 23.586) - (11.639 + 0 + 0)
=36.249

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Strawberry Fields REIT for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=55.816/( ( (1.542 + max(32.012, 0)) + (4.413 + max(36.249, 0)) )/ 2 )
=55.816/( ( 33.554 + 40.662 )/ 2 )
=55.816/37.108
=150.42 %

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


Strawberry Fields REIT  (AMEX:STRW) 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.


Strawberry Fields REIT ROC (Joel Greenblatt) % Related Terms

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Strawberry Fields REIT (Strawberry Fields REIT) Business Description

Traded in Other Exchanges
N/A
Address
6101 Nimtz Parkway, South Bend, IN, USA, 46628
Strawberry Fields REIT Inc is a self-managed and self-administered company that specializes in the acquisition, ownership and triple-net leasing of skilled nursing facilities and other post-acute healthcare properties.
Executives
Jack Levine director C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Moishe Gubin officer: CEO 2929 E. COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Eingal Nahman officer: CFO 5683 N LINCOLN AVE, CHICAGO IL 60659