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GlobalSCAPE (GlobalSCAPE) ROC (Joel Greenblatt) % : 524.46% (As of Jun. 2020)


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What is GlobalSCAPE 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. GlobalSCAPE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2020 was 524.46%.

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

GSB's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 13.25
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


GlobalSCAPE ROC (Joel Greenblatt) % Historical Data

The historical data trend for GlobalSCAPE'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.

GlobalSCAPE ROC (Joel Greenblatt) % Chart

GlobalSCAPE Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,147.40 1,095.81 565.85 1,109.32 874.06

GlobalSCAPE Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 974.24 518.91 455.17 457.58 524.46

Competitive Comparison of GlobalSCAPE's ROC (Joel Greenblatt) %

For the Software - Application subindustry, GlobalSCAPE'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.


GlobalSCAPE's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, GlobalSCAPE's ROC (Joel Greenblatt) % distribution charts can be found below:

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



GlobalSCAPE 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. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.581 + 0 + 1.24) - (2.015 + 15.659 + -3.5527136788005E-15)
=-10.853

Working Capital(Q: Jun. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.308 + 0 + 1.296) - (2.139 + 16.5 + 0)
=-11.035

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of GlobalSCAPE for the quarter that ended in Jun. 2020 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2020  Q: Jun. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.392/( ( (3.122 + max(-10.853, 0)) + (3.129 + max(-11.035, 0)) )/ 2 )
=16.392/( ( 3.122 + 3.129 )/ 2 )
=16.392/3.1255
=524.46 %

Note: The EBIT data used here is four times the quarterly (Jun. 2020) 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.


GlobalSCAPE  (AMEX:GSB) 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.


GlobalSCAPE ROC (Joel Greenblatt) % Related Terms

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GlobalSCAPE (GlobalSCAPE) Business Description

Traded in Other Exchanges
N/A
Address
4500 Lockhill-Selma, Suite 150, San Antonio, TX, USA, 78249
GlobalSCAPE Inc is a US-based company involved in the business of development and sale of computer software that provides secure information exchange, data transfer and sharing capabilities for enterprises and consumers. Its primary business is selling and supporting managed file transfer (MFT) software for enterprises based on the Enhanced File Transfer (EFT) platform.
Executives
Mark C Hood officer: Chief Operating Officer C/O CROSSROADS SYSTEMS, INC., 11000 N. MOPAC EXPRESSWAY #150, AUSTIN TX 78759
David L Mann director 4500 LOCKHILL SELMA, SUITE 150 SAN ANTONIO TX 78249
David Christopher Mello officer: EVP of Technical Services 4500 LOCKHILL SELMA STE 150 SAN ANTONIO TX 78249
Karen J. Young officer: Chief Financial Officer 12211 HART CREST SAN ANTONIO TX 78249
Thomas Enfield Hicks director 1803 CENTURY OAK TRAIL SAN ANTONIO TX 78232
Michael Patrick Canavan officer: EVP of Sales & Marketing 4500 LOCKHILL-SELMA, SUITE 150 SAN ANTONIO TX 78249
Covenant Rha Partners, L.p. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225
C Clark Webb director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, 10 percent owner, officer: Chief Executive Officer 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Ccw/law Holdings, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210/gsb Acquisition Partners, Llc 10 percent owner 8214 WESTCHESTER DRIVE SUITE 950 DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Frank M Morgan director 4500 LOCKHILL SELMA, SUITE 150 SAN ANTONIO TX 78249
Matthew Craig Goulet director, officer: President and CEO 4500 LOCKHILL-SELMA SUITE 150 SAN ANTONIO TX 78254