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Qumu (QUMU) ROC (Joel Greenblatt) % : -2,700.46% (As of Sep. 2022)


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What is Qumu 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. Qumu's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -2,700.46%.

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

QUMU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3411.75   Med: -589.63   Max: -207.42
Current: -3411.75

During the past 13 years, Qumu's highest ROC (Joel Greenblatt) % was -207.42%. The lowest was -3411.75%. And the median was -589.63%.

QUMU's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 13.21 vs QUMU: -3411.75

Qumu's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -33.40% per year.


Qumu ROC (Joel Greenblatt) % Historical Data

The historical data trend for Qumu'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.

Qumu ROC (Joel Greenblatt) % Chart

Qumu 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 -647.99 -207.42 -407.55 -645.43 -3,131.02

Qumu Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -2,458.06 -3,006.48 -4,358.75 -3,222.26 -2,700.46

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

For the Software - Application subindustry, Qumu'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.


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

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

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



Qumu 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.467 + 0 + 2.094) - (3.521 + 9.604 + 2.064)
=-9.628

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.088 + 0 + 1.79) - (3.206 + 9.757 + 2.073)
=-9.158

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.86/( ( (0.267 + max(-9.628, 0)) + (0.167 + max(-9.158, 0)) )/ 2 )
=-5.86/( ( 0.267 + 0.167 )/ 2 )
=-5.86/0.217
=-2,700.46 %

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


Qumu  (NAS:QUMU) 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.


Qumu ROC (Joel Greenblatt) % Related Terms

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


Qumu (QUMU) Business Description

Industry
Traded in Other Exchanges
N/A
Address
400 S. 4th Street, Suite 401-412, Minneapolis, MN, USA, 55415
Qumu Corp provides the software solutions to create, manage, secure, distribute and measure the success of live and on-demand video for enterprises. The Qumu platform enables global organizations to drive employee engagement, increase access to video, and modernize the workplace by providing a more efficient and effective way to share knowledge. Its geographical segments are North America, Europe, and Asia, of which the majority of its revenue comes from North America.
Executives
Rose Bentley director, officer: President and CEO 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Robert F Olson director 110 BANK ST. SE, APT 2002, MINNEAPOLIS MN 55414
Mary E Chowning director 65 PASEO DEL COYOTE, SANTA FE NM 87506
Neil E Cox director 86 S. WYNSTONE DR., NORTH BARRINGTON IL 60010
Edward D Horowitz director C/O EDSLINK LLC, 670 WEST END AVE, NEW YORK NY 10025
Thomas A. Krueger officer: Chief Financial Officer 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Jason Karp officer: CCO/Chief Counsel 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Tj Kennedy director, officer: President and CEO 400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Dave Ristow officer: Chief Financial Officer 400 S. 4TH STREET, SUITE 401-412, MINNEAPOLIS MN 55415
Harbert Discovery Fund Gp, Llc 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Daniel R Fishback director 76 ADAM WAY, ATHERTON CA 94027
Vern Hanzlik director, officer: President and CEO 510 1ST AVENUE NORTH, SUITE 305, MINNEAPOLIS MN 55403
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 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