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Eurosite Power (Eurosite Power) ROC (Joel Greenblatt) % : -18.91% (As of Jun. 2018)


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What is Eurosite Power 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. Eurosite Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -18.91%.

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

EUSP's ROC (Joel Greenblatt) % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 10.735
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Eurosite Power ROC (Joel Greenblatt) % Historical Data

The historical data trend for Eurosite Power'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.

Eurosite Power ROC (Joel Greenblatt) % Chart

Eurosite Power Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -2,381.03 -147.95 -46.82 -54.43 -24.84

Eurosite Power Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17 Mar18 Jun18
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 -29.37 -13.71 - -5.09 -18.91

Competitive Comparison of Eurosite Power's ROC (Joel Greenblatt) %

For the Utilities - Regulated Electric subindustry, Eurosite Power'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.


Eurosite Power's ROC (Joel Greenblatt) % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eurosite Power's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Eurosite Power 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: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.731 + 0.165 + 0.357) - (0.66 + 0 + 0.001)
=0.592

Working Capital(Q: Jun. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.468 + 0.166 + 0.184) - (0.446 + 0 + 0)
=0.372

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Eurosite Power for the quarter that ended in Jun. 2018 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2018  Q: Jun. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.684/( ( (8.442 + max(0.592, 0)) + (8.403 + max(0.372, 0)) )/ 2 )
=-1.684/( ( 9.034 + 8.775 )/ 2 )
=-1.684/8.9045
=-18.91 %

Note: The EBIT data used here is four times the quarterly (Jun. 2018) 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.


Eurosite Power  (OTCPK:EUSP) 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.


Eurosite Power ROC (Joel Greenblatt) % Related Terms

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Eurosite Power (Eurosite Power) Business Description

Traded in Other Exchanges
N/A
Address
c/o Cooper Parry, Sky View, Argosy Road, East Midlands Airport, Castle Donington, Derby, GBR, DE74 2SA
Eurosite Power Inc owns and operates clean, on-site energy systems that produce electricity, hot water, heat, and cooling. Its solutions include equipment installation, as well as operation and ongoing maintenance. The company owns and operates the equipment that it installs at customers' facilities and sells the energy produced by its systems to the customers on a long-term contractual basis. It offers its on-site utility solutions to healthcare, hospitality, housing, and leisure centers. Geographically the business presence of the firm is seen in the region of Europe and the United Kingdom.
Executives
John Hatsopoulos other: No longer a 10% owner 85 FIRST AVENUE, WALTHAM MA 02451
Bonnie Jean Brown officer: CFO, Treasurer, and Secretary 97 FIFTY ACRE WAY, CARLISLE MA 01741
Ahmed Ghoniem director 45 FIRST AVENUE, WALTHAM MA 02451

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