GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Perceptron Inc (NAS:PRCP) » Definitions » ROC (Joel Greenblatt) %

Perceptron (Perceptron) ROC (Joel Greenblatt) % : -7.61% (As of Sep. 2020)


View and export this data going back to 1992. Start your Free Trial

What is Perceptron 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. Perceptron's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was -7.61%.

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

PRCP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -29.78   Med: 15.35   Max: 37.21
Current: -15.9

During the past 13 years, Perceptron's highest ROC (Joel Greenblatt) % was 37.21%. The lowest was -29.78%. And the median was 15.35%.

PRCP's ROC (Joel Greenblatt) % is not ranked
in the Hardware industry.
Industry Median: 10.02 vs PRCP: -15.90

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


Perceptron ROC (Joel Greenblatt) % Historical Data

The historical data trend for Perceptron'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.

Perceptron ROC (Joel Greenblatt) % Chart

Perceptron Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.79 15.35 20.55 -24.99 -12.70

Perceptron Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 11.64 16.08 -58.41 -12.45 -7.61

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

For the Scientific & Technical Instruments subindustry, Perceptron'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.


Perceptron's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

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

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



Perceptron 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: Jun. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.465 + 10.387 + 1.854) - (10.61 + 6.032 + 1.462)
=19.602

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.996 + 10.28 + 3.355) - (10.28 + 7.294 + 1.913)
=16.144

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Sep. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2020  Q: Sep. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.08/( ( (9.418 + max(19.602, 0)) + (9.5 + max(16.144, 0)) )/ 2 )
=-2.08/( ( 29.02 + 25.644 )/ 2 )
=-2.08/27.332
=-7.61 %

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


Perceptron  (NAS:PRCP) 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.


Perceptron ROC (Joel Greenblatt) % Related Terms

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


Perceptron (Perceptron) Business Description

Industry
Traded in Other Exchanges
N/A
Address
47827 Halyard Drive, Plymouth, MI, USA, 48170-2461
Perceptron Inc is a metrology equipment and solutions company. It develops, produces and sells a comprehensive range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging and dimensional inspection and 3d scanning. Its product portfolio includes 3D machine vision solutions, robot guidance, coordinate measuring machines, laser scanning and advanced analysis software. The company and its subsidiaries operate in Europe, Asia, and the Americas. It generates the majority of its sales from Europe.
Executives
Harbert Management Corp 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Jay Freeland director, officer: Chairman, Interim Pres & CEO 125 TECHNOLOGY PARK, LAKE MARY FL 32746
Sujatha Kumar director 47827 HALYARD DR PLYMOUTH MI 48170-2461
Rick Neely director 6409 GUADALUPE MINES ROAD, SAN JOSE CA 95120
James A Ratigan director 47827 HALYARD DRIVE PLYMOUTH MI 48170
Harbert Fund Advisors, Inc. 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund, Lp 10 percent owner HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant director, 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Kenan Lucas 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund Gp, Llc 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
William Charles Taylor director 47827 HALYARD DRIVE PLYMOUTH MI 48170
Bill Roeschlein officer: Interim CFO C/O SELECTICA, INC., 3 WEST PLUMERIA, SAN JOSE CA 95134
Laura Pecoraro officer: Vice President of Finance 47827 HALYARD DR PLYMOUTH MI 48170-2461
Valkenburg Richard Van officer: V.P Global Sales & Marketing 47827 HALYARD PLYMOUTH MI 48170

Perceptron (Perceptron) Headlines