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DecisionPoint Systems (DecisionPoint Systems) ROC (Joel Greenblatt) % : 43.31% (As of Dec. 2023)


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What is DecisionPoint Systems 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. DecisionPoint Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 43.31%.

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

DPSI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3927.64   Med: 108.39   Max: 849.82
Current: 83.63

During the past 13 years, DecisionPoint Systems's highest ROC (Joel Greenblatt) % was 849.82%. The lowest was -3927.64%. And the median was 108.39%.

DPSI's ROC (Joel Greenblatt) % is ranked better than
71.83% of 2762 companies
in the Software industry
Industry Median: 13.265 vs DPSI: 83.63

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


DecisionPoint Systems ROC (Joel Greenblatt) % Historical Data

The historical data trend for DecisionPoint Systems'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.

DecisionPoint Systems ROC (Joel Greenblatt) % Chart

DecisionPoint Systems Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 426.76 406.03 128.87 156.58 87.91

DecisionPoint Systems Quarterly Data
Jun15 Sep15 Dec17 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 61.73 106.64 97.55 92.34 43.31

Competitive Comparison of DecisionPoint Systems's ROC (Joel Greenblatt) %

For the Software - Application subindustry, DecisionPoint Systems'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.


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

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

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



DecisionPoint Systems 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)
=(18.939 + 3.002 + 3.702) - (18.674 + 6.886 + 5.52)
=-5.437

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.768 + 2.133 + 4.456) - (22.788 + 8.52 + 5.551)
=-6.502

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of DecisionPoint Systems 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 )
=2.8/( ( (6.566 + max(-5.437, 0)) + (6.365 + max(-6.502, 0)) )/ 2 )
=2.8/( ( 6.566 + 6.365 )/ 2 )
=2.8/6.4655
=43.31 %

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.


DecisionPoint Systems  (AMEX:DPSI) 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.


DecisionPoint Systems ROC (Joel Greenblatt) % Related Terms

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


DecisionPoint Systems (DecisionPoint Systems) Business Description

Traded in Other Exchanges
Address
1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445
DecisionPoint Systems Inc is an enterprise mobility systems integrator. It sells and installs mobile computing and wireless systems used both within a company's facilities with wireless networks and in the field using carrier-based wireless networks. The system includes mobile computers, mobile application software, and related data capture equipment including barcode scanners and radio frequency identification readers. It also offers professional services, proprietary and third-party software, and software customization as an integral part of its customized solutions for its customers. Its software's utilized in industries including retail, transportation logistics, management consulting, warehousing, and field service management.
Executives
John C Guttilla director C/O ORCHIDS PAPER PRODUCTS COMPANY, 4826 HUNT STREET, PRYOR OK 74361
Steven F Smith director, officer: Chief Executive Officer 8697 RESEARCH DRIVE, IRVINE CA 92618
Michael N Taglich director TAGLICH BROTHERS INC, 1370 AVENUE OF THE AMERICAS --31ST FLOOR, NEW YORK NY 6317254791
William Cooke director 800 STANDARD PARKWAY, AUBURN HILLS MI 48326
Richard Bravman director
Paul Seid director 22 WOODHAVEN DRIVE, NEW CITY NY 10956
James F Desocio director 380 ST PETER STREET, ST PAUL MN 55102
Jaworski Stanley P. Jr director 39 RIVER HEIGHTS DRIVE, SMITHTOWN NY 11787
Greg Alan Henry officer: SR. VP Operations and Software 6 BELCANTO, MISSION VIEJO CA 92692
Robert C Schroeder director 37 MAIN STREET, COLD SPRING HARBOR, NEW YORK NY 11724
Toms Nicholas R H director, officer: CEO, President 262 WEST 12TH STREET, NEW YORK NY 10014
Michael Patrick Roe officer: Chief Financial Officer 8697 RESEARCH, IRVINE CA 92618
Paul Ross officer: Interim Chief Financial Office 740 CALLE PLANO, CAMARILLO CA 93012
Donald Dalicandro director C/O APEX,A DECISIONPOINT SYSTEMS, INC. C, 3170 HARVESTER ROAD, BURLINGTON A6 L7N 3W8
Ralph Hubregsen officer: Chief Operating Officer 19655 DESCARTES, FOOTHILL RANCH CA 92610