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Grupo TelevisaB (Grupo TelevisaB) ROC (Joel Greenblatt) % : -26.20% (As of Dec. 2023)


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What is Grupo TelevisaB 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. Grupo TelevisaB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -26.20%.

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

TV' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2.94   Med: 21.02   Max: 36.06
Current: -0.6

During the past 13 years, Grupo TelevisaB's highest ROC (Joel Greenblatt) % was 36.06%. The lowest was -2.94%. And the median was 21.02%.

TV's ROC (Joel Greenblatt) % is ranked worse than
76.42% of 386 companies
in the Telecommunication Services industry
Industry Median: 13.775 vs TV: -0.60

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


Grupo TelevisaB ROC (Joel Greenblatt) % Historical Data

The historical data trend for Grupo TelevisaB'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.

Grupo TelevisaB ROC (Joel Greenblatt) % Chart

Grupo TelevisaB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.94 5.98 12.23 -3.02 -0.64

Grupo TelevisaB 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 -58.78 5.70 10.71 6.69 -26.20

Competitive Comparison of Grupo TelevisaB's ROC (Joel Greenblatt) %

For the Telecom Services subindustry, Grupo TelevisaB'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.


Grupo TelevisaB's ROC (Joel Greenblatt) % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Grupo TelevisaB's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Grupo TelevisaB 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)
=(580.164 + 75.354 + 237.991) - (1255.581 + 119.2 + 173.839)
=-655.111

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(564.484 + 74.307 + 280.01) - (1253.026 + 98.928 + 88.781)
=-521.934

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Grupo TelevisaB 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 )
=-1289.264/( ( (4898.163 + max(-655.111, 0)) + (4944.785 + max(-521.934, 0)) )/ 2 )
=-1289.264/( ( 4898.163 + 4944.785 )/ 2 )
=-1289.264/4921.474
=-26.20 %

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.


Grupo TelevisaB  (NYSE:TV) 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.


Grupo TelevisaB ROC (Joel Greenblatt) % Related Terms

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Grupo TelevisaB (Grupo TelevisaB) Business Description

Address
Avenida Vasco de Quiroga, No. 2000, Colonia Santa Fe, Mexico, DF, MEX, 01210
Grupo Televisa is one of the leading telecommunication firms in Mexico. Its cable arm, Izzi, holds networks that pass 20 million Mexican homes and provide broadband service to 6 million customers. The firm is also one of the largest pay-television providers in Mexico, with more than 4 million customers. Televisa holds a majority stake in Sky Mexico, the country's only satellite-TV provider, serving about 6 million customers. Televisa holds interests in several smaller businesses, including terrestrial radio, magazine publishing, Mexico bingo parlors, and three of Mexico's professional soccer teams. It plans to spin these businesses off in the near future. After merging its traditional media business into Univision, Televisa owns a 45% stake in combined entity TelevisaUnivision.

Grupo TelevisaB (Grupo TelevisaB) Headlines