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Marketo (Marketo) ROC (Joel Greenblatt) % : -243.91% (As of Jun. 2016)


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What is Marketo 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. Marketo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2016 was -243.91%.

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

MKTO's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 13.21
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Marketo ROC (Joel Greenblatt) % Historical Data

The historical data trend for Marketo'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.

Marketo ROC (Joel Greenblatt) % Chart

Marketo Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -1,549.17 -968.11 -480.73 -362.42 -358.81

Marketo Quarterly Data
Dec10 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -364.18 -316.21 -295.23 -318.41 -243.91

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

For the Software - Application subindustry, Marketo'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.


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

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

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



Marketo 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. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.505 + 0 + 15.029) - (29.503 + 91.52 + 0)
=-57.489

Working Capital(Q: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.992 + 0 + 8.502) - (32.495 + 102.604 + 0)
=-64.605

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Marketo for the quarter that ended in Jun. 2016 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2016  Q: Jun. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-59.84/( ( (24.273 + max(-57.489, 0)) + (24.795 + max(-64.605, 0)) )/ 2 )
=-59.84/( ( 24.273 + 24.795 )/ 2 )
=-59.84/24.534
=-243.91 %

Note: The EBIT data used here is four times the quarterly (Jun. 2016) 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.


Marketo  (NAS:MKTO) 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.


Marketo ROC (Joel Greenblatt) % Related Terms

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


Marketo (Marketo) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Marketo Inc was incorporated in California in January 20, 2006 and reincorporated in the state of Delaware in 2010. The Company provides cloud-based marketing software platform that enables organizations to engage in modern relationship marketing. Its software platform is designed to enable the effective execution, management and analytical measurement of marketing activities, helping organizations to acquire new customers more efficiently, build stronger relationships with existing customers, improve sales effectiveness and drive faster revenue growth. Its platform delivers an easy-to-use, integrated suite of advanced applications, which today include Marketing Automation, Social Marketing, Sales Insight and Revenue Analytics. To enable its customers to obtain maximum value from Company's platform, it has created an ecosystem of third-party applications, as well as a network of resources to foster marketing thought leadership, sharing and collaboration among users. It provides customers with professional services, delivered by marketers, for marketers, to enable rapid time to value through effective implementation and use of its solutions. Its client base includes business services, consumers, financial services, healthcare, manufacturing, media, technology and telecommunication. It markets and sells products directly and through a growing network of distribution partners. The Company provides its solutions on a subscription basis. Its applications include Marketing Automation, Social Marketing, Sales Insight, and Revenue Analytics. The Company faces competition from other software companies that develop marketing software and from marketing services companies that provide interactive marketing services.
Executives
Roger S Siboni director 1900 SOUTH NORFOLK STREET, SAN MATEO CA 94403
Brian K Kinion officer: SVP & Chief Financial Officer C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Cambria W Dunaway director C/O BRUNSWICK CORPORATION, 1 N FIELD COURT, LAKE FOREST IL 60045
Tae Hea Nahm director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Steven M Winter officer: EVP Worldwide Field Operations C/O COUPA SOFTWARE INC., 1855 S. GRANT STREET, SAN MATEO CA 94402
Susan L Bostrom director
Wesley R Wasson director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Lynne Biggar director 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020-1300
Ryan Floyd director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Sanjay Subhedar director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Venture Associates Iv, L.l.c. director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Venture Associates Iii, L.l.c. director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
M Alex Mendez director STORM VENTURES 2440 SAND HILL ROAD, SUITE 301 MENLO PARK CA 94025
Storm Ventures Principals Fund Iii director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Ventures Fund Iii Lp director 2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025

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