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PCS Edventures!.com (PCS Edventures!.com) ROC (Joel Greenblatt) %

: -64.38% (As of Dec. 2023)
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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. PCS Edventures!.com's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -64.38%.

The historical rank and industry rank for PCS Edventures!.com's ROC (Joel Greenblatt) % or its related term are showing as below:

PCSV' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2050.91   Med: -755.86   Max: -16.1
Current: -16.1

During the past 13 years, PCS Edventures!.com's highest ROC (Joel Greenblatt) % was -16.10%. The lowest was -2050.91%. And the median was -755.86%.

PCSV's ROC (Joel Greenblatt) % is ranked worse than
79.47% of 263 companies
in the Education industry
Industry Median: 14.07 vs PCSV: -16.10

PCS Edventures!.com's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 39.20% per year.


PCS Edventures!.com ROC (Joel Greenblatt) % Historical Data

The historical data trend for PCS Edventures!.com'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.

PCS Edventures!.com Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
ROC (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,050.91 -810.53 -1,031.51 -701.19 -72.97

PCS Edventures!.com Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Dec22 Dec23
ROC (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -717.59 -5,235.64 -19,269.57 24,400.00 -64.38

Competitive Comparison

For the Education & Training Services subindustry, PCS Edventures!.com'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.


PCS Edventures!.com ROC (Joel Greenblatt) % Distribution

For the Education industry and Consumer Defensive sector, PCS Edventures!.com's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PCS Edventures!.com's ROC (Joel Greenblatt) % falls into.



PCS Edventures!.com 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: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.149 + 1.794 + 0.955) - (0.473 + 0.051 + 0)
=2.374

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of PCS Edventures!.com 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: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.748/( ( (0 + max(0, 0)) + (0.341 + max(2.374, 0)) )/ 1 )
=-1.748/( ( 0 + 2.715 )/ 1 )
=-1.748/2.715
=-64.38 %

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.


PCS Edventures!.com  (OTCPK:PCSV) 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.


PCS Edventures!.com ROC (Joel Greenblatt) % Related Terms

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PCS Edventures!.com (PCS Edventures!.com) Business Description

Traded in Other Exchanges
N/A
Address
11915 W. Executive Drive, Suite 101, Boise, ID, USA, 83713
PCS Edventures!.com Inc develops and markets educational programs. It specializes in experiential, hands-on, K12 education and drone technology. The company's key products include science, technology, engineering, and math products, EdventuresLab products and services, and Thrust UAV. It serves an afterschool market, elementary classrooms, technical education, parents and home educators. The company also has a presence in Australia, India, Egypt, Saudi Arabia, Pakistan, and Mexico.
Executives
Paula Lupriore director 200 FLYNN ROAD, CAMARILLO CA 93012
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706