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Ecology and Environment (Ecology and Environment) ROC (Joel Greenblatt) % : -116.25% (As of Oct. 2019)


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What is Ecology and Environment 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. Ecology and Environment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2019 was -116.25%.

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

EEI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -57.54   Med: 23.5   Max: 74.11
Current: -57.54

During the past 13 years, Ecology and Environment's highest ROC (Joel Greenblatt) % was 74.11%. The lowest was -57.54%. And the median was 23.50%.

EEI's ROC (Joel Greenblatt) % is not ranked
in the Waste Management industry.
Industry Median: 12.11 vs EEI: -57.54

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


Ecology and Environment ROC (Joel Greenblatt) % Historical Data

The historical data trend for Ecology and Environment'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.

Ecology and Environment ROC (Joel Greenblatt) % Chart

Ecology and Environment Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.03 34.14 74.11 -17.23 -39.84

Ecology and Environment Quarterly Data
Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19
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 -45.64 -93.80 -77.19 67.03 -116.25

Competitive Comparison of Ecology and Environment's ROC (Joel Greenblatt) %

For the Waste Management subindustry, Ecology and Environment'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.


Ecology and Environment's ROC (Joel Greenblatt) % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Ecology and Environment's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Ecology and Environment 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: Jul. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.405 + 0 + 2.078) - (13.656 + 3.551 + 0.49)
=-3.214

Working Capital(Q: Oct. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.437 + 0 + 2.518) - (12.896 + 4.287 + 0)
=-2.228

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ecology and Environment for the quarter that ended in Oct. 2019 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2019  Q: Oct. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.004/( ( (3.253 + max(-3.214, 0)) + (8.797 + max(-2.228, 0)) )/ 2 )
=-7.004/( ( 3.253 + 8.797 )/ 2 )
=-7.004/6.025
=-116.25 %

Note: The EBIT data used here is four times the quarterly (Oct. 2019) 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.


Ecology and Environment  (NAS:EEI) 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.


Ecology and Environment ROC (Joel Greenblatt) % Related Terms

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


Ecology and Environment (Ecology and Environment) Business Description

Traded in Other Exchanges
N/A
Address
368 Pleasant View Drive, Lancaster, NY, USA, 14086
Ecology and Environment Inc is an environmental consulting firm. The company's operating segments include its subsidiaries located in the United States, South America, and other foreign subsidiaries. It offers consulting services to commercial and government clients in a variety of service sectors which includes Government start contract, Government task order contracts, Energy, Natural resource management and restoration, Sustainability, Resiliency and climate adaptation, Water Resources, Planning, Emergency planning and management, Hazardous and radioactive material services, International, Regulatory compliance, and Contract backlog. The company generates its revenue from federal, state and local governments, domestic private clients, and private and governmental international clients.
Executives
Hillow Michael El director 24007 VENTURA BLVD., STE 200, CALABASAS CA 91302
Marshall Heinberg director 1 CORPORATE AVENUE, ROWVILLE C3 3178
Thomas E Lynch 10 percent owner 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Scott Scharfman 10 percent owner 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Mill Road Capital Ii Gp Llc 10 percent owner 382 GREENWICH AVE., SUITE ONE, GREENWICH CT 06830
Mill Road Capital Ii, L.p. 10 percent owner 382 GREENWICH AVE., SUITE ONE, GREENWICH CT 06830
Justin Jacobs director 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830