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CACI International (CACI International) ROC (Joel Greenblatt) %

: 92.80% (As of Dec. 2023)
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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. CACI International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 92.80%.

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

CACI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 64.94   Med: 74.55   Max: 143.89
Current: 104.86

During the past 13 years, CACI International's highest ROC (Joel Greenblatt) % was 143.89%. The lowest was 64.94%. And the median was 74.55%.

CACI's ROC (Joel Greenblatt) % is ranked better than
75.71% of 2763 companies
in the Software industry
Industry Median: 12.83 vs CACI: 104.86

CACI International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.30% per year.


CACI International ROC (Joel Greenblatt) % Historical Data

The historical data trend for CACI International'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.

CACI International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROC (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 143.89 91.90 64.94 67.96 99.88

CACI International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only 104.08 122.00 108.84 97.39 92.80

Competitive Comparison

For the Information Technology Services subindustry, CACI International'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.


CACI International ROC (Joel Greenblatt) % Distribution

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

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



CACI International 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(852.523 + 140.88 + 97.347) - (764.695 + 0 + 281.838)
=44.217

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(792.647 + 138.553 + 88.948) - (676.689 + 0 + 248.187)
=95.272

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CACI International for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=533.22/( ( (510.391 + max(44.217, 0)) + (499.283 + max(95.272, 0)) )/ 2 )
=533.22/( ( 554.608 + 594.555 )/ 2 )
=533.22/574.5815
=92.80 %

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


CACI International  (NYSE:CACI) 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.


CACI International ROC (Joel Greenblatt) % Related Terms

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


CACI International (CACI International) Business Description

Traded in Other Exchanges
Address
12021 Sunset Hills Road, Reston, VA, USA, 20190
CACI International Inc is an information solutions and services provider, offering a variety of information solutions and services to its customers. The company's primary customers are agencies and departments of the U.S. government, which account for the vast majority of the firm's revenue. It provides information solutions and services supporting national security missions and government modernization/transformation for intelligence, defense, and federal civilian customers. The firm conducts its operations through a variety of subsidiaries in the United States and Europe.
Executives
Debora A Plunkett director 6501 LEGACY DRIVE, PLANO TX 75024
Eric Blazer officer: SVP, Corp. Controller & CAO 12021 SUNSET HILLS ROAD, RESTON VA 20190
Gregory G Johnson director 1100 N. GLEBE ROAD, ARLINGTON VA 22201
Stanton D Sloane director COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747
William L Jews director C/O FORTRESS INTERNATIONAL GROUP, INC., 7226 LEE DEFOREST DRIVE, SUITE 203, COLUMBIA, MD 21046
Lisa S Disbrow director 50 MINUTEMAN ROAD, ANDOVER MA 01810
Gregory R Bradford officer: Chief Executive, CACI Limited 1100 N GLEBE ROAD, ARLINGTON VA 22201
William S Wallace director 1100 N. GLEBE ROAD, ARLINGTON VA 22201
James L Pavitt director 1100 N. GLEBE ROAD, ARLINGTON VA 22201
Jeffrey D Maclauchlan officer: Chief Financial Officer 400 COLLINS ROAD NE, M/S 124-323, CEDAR RAPIDS IA 52498
Thomas A Mutryn officer: Acting CFO & Treasurer CACI INTERNATIONAL INC., 1100 NORTH GLEBE ROAD, ARLINGTON VA 22201
Deette Gray officer: President, US Operations 1100 N. GLEBE ROAD, ARLINGTON VA 22201
Philip O Nolan director 15052 CONFERENCE CENTER DRIVE, CHANTILLY VA 20151
Ryan D Mccarthy director 12021 SUNSET HILLS ROAD, RESTON VA 20190
Warren R Phillips director 1100 N GLEBE ROAD, ARLINGTON VA 22201