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Montfort Capital (TSXV:MONT.PR.A.PFD) ROC (Joel Greenblatt) % : 1,917.53% (As of Mar. 2024)


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What is Montfort Capital 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. Montfort Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,917.53%.

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

TSXV:MONT.PR.A.PFD' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -33.17   Med: 537.61   Max: 12700
Current: 2062.79

During the past 13 years, Montfort Capital's highest ROC (Joel Greenblatt) % was 12700.00%. The lowest was -33.17%. And the median was 537.61%.

TSXV:MONT.PR.A.PFD's ROC (Joel Greenblatt) % is ranked better than
90.47% of 598 companies
in the Asset Management industry
Industry Median: 47.035 vs TSXV:MONT.PR.A.PFD: 2062.79

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


Montfort Capital ROC (Joel Greenblatt) % Historical Data

The historical data trend for Montfort Capital'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.

Montfort Capital ROC (Joel Greenblatt) % Chart

Montfort Capital Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12,700.00 - 11,720.12 2,761.20

Montfort Capital Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5,265.85 3,717.75 2,581.30 716.06 1,917.53

Competitive Comparison of Montfort Capital's ROC (Joel Greenblatt) %

For the Asset Management subindustry, Montfort Capital'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.


Montfort Capital's ROC (Joel Greenblatt) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Montfort Capital's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Montfort Capital 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.372 + 0 + 3.248) - (7.39 + 0 + 1.705)
=-5.475

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.228 + 0 + 2.883) - (7.248 + 0 + 1.128)
=-5.265

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Montfort Capital for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=28.552/( ( (1.54 + max(-5.475, 0)) + (1.438 + max(-5.265, 0)) )/ 2 )
=28.552/( ( 1.54 + 1.438 )/ 2 )
=28.552/1.489
=1,917.53 %

Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.


Montfort Capital  (TSXV:MONT.PR.A.PFD) 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.


Montfort Capital ROC (Joel Greenblatt) % Related Terms

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Montfort Capital (TSXV:MONT.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 2920, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Montfort Capital Corp manages a diversified family of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee-related performance. Montfort facilitates transparency for all its investors through public company reporting. Its mission is to create value for shareholders by leveraging a tech-enabled lending platform to provide private debt capital to growing businesses through its group of specialty finance companies.

Montfort Capital (TSXV:MONT.PR.A.PFD) Headlines

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