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Mantech International (Mantech International) ROC (Joel Greenblatt) % : 48.39% (As of Jun. 2022)


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What is Mantech International 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. Mantech International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 48.39%.

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

MANT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 18.13   Med: 71.87   Max: 142.9
Current: 63.6

During the past 13 years, Mantech International's highest ROC (Joel Greenblatt) % was 142.90%. The lowest was 18.13%. And the median was 71.87%.

MANT's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 13.17 vs MANT: 63.60

Mantech International's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.60% per year.


Mantech International ROC (Joel Greenblatt) % Historical Data

The historical data trend for Mantech 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.

Mantech International ROC (Joel Greenblatt) % Chart

Mantech International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.95 94.41 68.07 61.91 71.38

Mantech International Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 67.79 82.71 66.64 61.08 48.39

Competitive Comparison of Mantech International's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Mantech 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.


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

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

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



Mantech 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: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(352.496 + 0 + 52.77) - (294.762 + 30.32 + 0)
=80.184

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(364.278 + 0 + 50.754) - (305.863 + 34.638 + 0)
=74.531

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mantech International for the quarter that ended in Jun. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=139.84/( ( (216.077 + max(80.184, 0)) + (207.211 + max(74.531, 0)) )/ 2 )
=139.84/( ( 296.261 + 281.742 )/ 2 )
=139.84/289.0015
=48.39 %

Note: The EBIT data used here is four times the quarterly (Jun. 2022) 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.


Mantech International  (NAS:MANT) 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.


Mantech International ROC (Joel Greenblatt) % Related Terms

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Mantech International (Mantech International) Business Description

Traded in Other Exchanges
N/A
Address
2251 Corporate Park Drive, Herndon, VA, USA, 20171
Mantech International Corp provides mission-focused technology solutions and services for U.S. defense, the intelligence community, and federal civilian agencies. The company provides full-spectrum cyber, encompassing defense, resilience, offense, analytics, and compliance. It offers professional and technical solutions, and support services; command-and-control infrastructure, intelligence, surveillance and reconnaissance platforms and sensors, and data services; and vulnerability assessment, insider threat protection, exposure analysis, secrecy architecture design, security policy development and implementation, lifecycle acquisition program security, anti-tamper, export compliance support, foreign disclosure, system security engineering, security awareness and training.
Executives
Jennifer A. Warren 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Gst 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Pedersen Nonexempt 2022 Trust 10 percent owner 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
George J Pedersen 10 percent owner 9 WEST 57TH STREET, SUITE 4170, NEW YORK NY 10019
Kevin M Phillips officer: Vice President - CFO 12105 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard J Kerr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Richard L Armitage director 12015 LEE JACKSON HIGHWAY, FAIRFAX VA 22033
Bonnie Cook officer: EVP Business Operations 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Richard John Wagner officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
Judith L Bjornaas officer: SVP & Deputy CFO 12015 LEE JACKSON MEMORIAL HWY., MANTECH INTERNATIONAL CORPORATION, FAIRFAX VA 22033
Peter B Lamontagne director 2251 CORPORATE PARK DRIVE SUITE 600 HERNDON VA 20171
Matthew A Tait officer: Business Group President 12015 LEE JACKSON MEMORIAL HWY FAIRFAX VA 22033
Fatzinger Walter R Jr director 12015 LEE JACKSON HIGHWAY FAIRFAX VA 22033
Daniel J Keefe officer: Business Group President MANTECH INTERNATIONAL CORPORATION 12015 LEE JACKSON MEMORIAL HWY. FAIRFAX VA 22033

Mantech International (Mantech International) Headlines