GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Monster Worldwide Inc (NYSE:MWW) » Definitions » ROC (Joel Greenblatt) %

Monster Worldwide (Monster Worldwide) ROC (Joel Greenblatt) % : -821.28% (As of Sep. 2016)


View and export this data going back to 1996. Start your Free Trial

What is Monster Worldwide 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. Monster Worldwide's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -821.28%.

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

MWW's ROC (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 20.65
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Monster Worldwide ROC (Joel Greenblatt) % Historical Data

The historical data trend for Monster Worldwide'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.

Monster Worldwide ROC (Joel Greenblatt) % Chart

Monster Worldwide Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.20 21.16 13.03 -278.47 8.00

Monster Worldwide Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 39.09 26.50 30.51 -545.59 -821.28

Competitive Comparison of Monster Worldwide's ROC (Joel Greenblatt) %

For the Staffing & Employment Services subindustry, Monster Worldwide'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.


Monster Worldwide's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Monster Worldwide's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Monster Worldwide 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. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(218.561 + 0 + 53.219) - (107.755 + 239.29 + 5.6843418860808E-14)
=-75.265

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(209.743 + 0 + 51.426) - (111.955 + 224.225 + 0)
=-75.011

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Sep. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Sep. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-772.844/( ( (111.391 + max(-75.265, 0)) + (76.814 + max(-75.011, 0)) )/ 2 )
=-772.844/( ( 111.391 + 76.814 )/ 2 )
=-772.844/94.1025
=-821.28 %

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


Monster Worldwide  (NYSE:MWW) 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.


Monster Worldwide ROC (Joel Greenblatt) % Related Terms

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


Monster Worldwide (Monster Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
Monster Worldwide Inc was incorporated in Delaware on August 30, 1996. The Company together with its subsidiaries is engaged in connecting people to jobs, wherever they are. The Company offers services in approximately more than 40 countries, providing some of the sophisticated job seeking, career management, recruitment and talent management capabilities. The Company provides its services through digital, social and mobile solutions, including its flagship website monster.com and other products and services. The Company operates through two segments including Careers-North America and Careers-International. It offers placement of job advertisements on the websites within the Monster network, access to the Monster network of online resume and social profile databases, recruitment media services and other career-related services. The Company's segments provide online services to customers in diversified industries throughout North America, Europe, and the Asia-Pacific region. The Company's services and solutions include searchable job advertisements; resume database access; recruitment media solutions through advertising network and partnerships; social job distribution through Twitter and Facebook; display advertising; lead generation; social profile aggregation; and other career-related content. In addition, the Company has alliances with media and publishing companies, including approximately 1,000 newspapers in the United States, which extends its presence with local and regional job seekers. The Company's sales resources consist of field sales, telesales, a self-service e-Commerce channel, and resellers such as newspapers and recruitment advertising agencies. Its sales activities are geared toward enterprise, small and medium sized businesses ("SMBs"), staffing companies, government agencies, and advertising agencies. Its customers are comprised of enterprise organizations, small and medium-sized organizations, federal, state and local government agencies, educational institutions and individuals. The Company faces competition from a number of sources including other employment-related websites, general classified advertising websites, professional networking and social networking websites, traditional media companies, Internet portals, search engines and general-interest websites such as blogs.
Executives
Giambastiani Edmund P Jr director C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Timothy T Yates director, officer: CEO and CFO ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
John Gaulding director C/O MONSTER WORLDWIDE INC, 622 THIRD AVENUE, NEW YORK NY 10017
Miller Michael Connolly officer: EVP, GC and Secretary C/O BARNES & NOBLE EDUCATION, INC, 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Gillian Munson director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Michael B Mcguinness officer: EVP, Chief Financial Officer C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
James M Langrock officer: EVP, Chief Financial Officer C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Cynthia Mccague director PIER 1 IMPORTS, INC., 100 PIER 1 PLACE, FORT WORTH TX 76102
Robert J Chrenc director C/O SYMBOL TECHNOLOGIES INC, ONE SYMBOL PLAZA, HOLTSVILLE NY 11768
Ceree Eberly director THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Ronald J Kramer director C/O WYNN RESORTS LTD, 3145 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
Andrew J Mckelvey 10 percent owner C/O MONSTER WORLDWIDE, INC, 622 THIRD AVE, NEW YORK NY 10017
Charles Baker officer: SVP - Chief Financial Officer C/O MONSTER WORLDWIDE, INC., 622 THIRD AVENUE, NEW YORK NY 10017
Philip R Lochner director 699 LAKE AVENUE, GREENWICH CT 06830
Michael Sileck officer: Sr. VP/Chief Financial Officer C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902