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Cantaloupe (Cantaloupe) ROC (Joel Greenblatt) % : 48.17% (As of Dec. 2023)


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What is Cantaloupe 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. Cantaloupe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 48.17%.

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

CTLP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -329.48   Med: -43.07   Max: 63.96
Current: 63.96

During the past 13 years, Cantaloupe's highest ROC (Joel Greenblatt) % was 63.96%. The lowest was -329.48%. And the median was -43.07%.

CTLP's ROC (Joel Greenblatt) % is ranked better than
67.93% of 2763 companies
in the Software industry
Industry Median: 13.17 vs CTLP: 63.96

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


Cantaloupe ROC (Joel Greenblatt) % Historical Data

The historical data trend for Cantaloupe'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.

Cantaloupe ROC (Joel Greenblatt) % Chart

Cantaloupe Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -255.27 -329.48 -39.12 -8.35 14.60

Cantaloupe Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.25 121.36 59.25 43.69 48.17

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

For the Information Technology Services subindustry, Cantaloupe'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.


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

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

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



Cantaloupe 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.998 + 32.216 + 3.741) - (67.429 + 16.284 + 1.634)
=-12.392

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.211 + 34.789 + 6.307) - (58.687 + 16.632 + 2.965)
=3.023

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Cantaloupe for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=16.828/( ( (30.646 + max(-12.392, 0)) + (36.194 + max(3.023, 0)) )/ 2 )
=16.828/( ( 30.646 + 39.217 )/ 2 )
=16.828/34.9315
=48.17 %

Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


Cantaloupe  (NAS:CTLP) 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.


Cantaloupe ROC (Joel Greenblatt) % Related Terms

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


Cantaloupe (Cantaloupe) Business Description

Industry
Traded in Other Exchanges
Address
100 Deerfield Lane, Suite 300, Malvern, PA, USA, 19355
Cantaloupe Inc operates in the small ticket electronic payments industry. It provides wireless, cashless, micro-transactions, and networking services within the unattended Point of Sale (POS) market. Its products and services portfolio consists of ePort Cashless devices, eSuds, EnergyMisers, and Value-added services which include Loyalty and Prepaid, Intelligent Vending, and others. The company offers services to different industries covering car wash, taxi and transportation, laundry, vending, kiosk, amusement, and arcade. The Company derives revenue from the sale or lease of equipment and services to the small ticket, unattended POS market and majority of its revenue is derived from subscription and transaction fees.
Executives
Ian Jiro Harris director C/O CADWALADER, WICKERSHAM & TAFT, LLP, 200 LIBERTY STREET, NEW YORK NY 10281
Ravi Venkatesan officer: Chief Operating Officer C/O CANTALOUPE, INC., 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Gaurav Singal officer: Chief Technology Officer 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Jared Scott Grachek officer: Chief Accounting Officer 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Jeffrey Charles Dumbrell officer: Chief Revenue Officer 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Anna Rose Novoseletsky officer: Chief Legal Officer 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Scott Matthew Stewart officer: Chief Accounting Officer 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Ankit Varia officer: Chief Accounting Officer CANTALOUPE, INC., 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Hudson Executive Capital Lp 10 percent owner C/O CADWALADER, WICKERSHAM & TAFT, LLP, 200 LIBERTY STREET, NEW YORK NY 10281
Lisa P. Baird director 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Sean E Feeney officer: Chief Executive Officer PORTER WRIGHT MORRIS & ARTHUR LL, 41 S HIGH STREET, COLUMBUS OH 43215
James M Pollock officer: Chief Compliance Officer 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Roger Wayne Jackson officer: Chief Financial Officer 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Eugene Cavanaugh officer: Interim CFO 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Jeff Vogt officer: Chief Operating Officer 100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355