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Black Knight (Black Knight) ROC (Joel Greenblatt) % : -100.87% (As of Sep. 2023)


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What is Black Knight 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. Black Knight's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -100.87%.

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

BKI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.74   Med: 121.86   Max: 41019.68
Current: 131.42

During the past 10 years, Black Knight's highest ROC (Joel Greenblatt) % was 41019.68%. The lowest was 19.74%. And the median was 121.86%.

BKI's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 13.25 vs BKI: 131.42

Black Knight's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.10% per year.


Black Knight ROC (Joel Greenblatt) % Historical Data

The historical data trend for Black Knight'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.

Black Knight ROC (Joel Greenblatt) % Chart

Black Knight Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.66 146.70 135.28 151.48 141.16

Black Knight Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 170.04 63.62 502.29 243.83 -100.87

Competitive Comparison of Black Knight's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Black Knight'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.


Black Knight's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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



Black Knight 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(159.8 + 0 + 99.2) - (84 + 50.3 + 70.9)
=53.8

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(127.8 + 0 + 498.8) - (82.6 + 0 + 149.4)
=394.6

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Black Knight for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-372.4/( ( (150.5 + max(53.8, 0)) + (139.5 + max(394.6, 0)) )/ 2 )
=-372.4/( ( 204.3 + 534.1 )/ 2 )
=-372.4/369.2
=-100.87 %

Note: The EBIT data used here is four times the quarterly (Sep. 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.


Black Knight  (NYSE:BKI) 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.


Black Knight ROC (Joel Greenblatt) % Related Terms

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


Black Knight (Black Knight) Business Description

Traded in Other Exchanges
N/A
Address
601 Riverside Avenue, Jacksonville, FL, USA, 32204
Black Knight Inc is a technology company that, through its subsidiaries, provides software, data, and analytics solutions to the mortgage and consumer loan, real estate, and capital markets industry. The company's product portfolio includes software solutions to support loan origination, processing and servicing, and data and analytics solutions such as automated valuation models, data integration, risk assessment, among others. Black Knight's business is organized in two segments: software solutions and data/analytics. The majority of revenue comes from the company's software solutions segment, and most of the company's revenue is earned in the United States.
Executives
Joseph M Otting director C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Anthony M Jabbour officer: Chief Executive Officer 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Michele M Meyers officer: Chief Accounting Officer 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32207
John D Rood director 3020 HARTLEY ROAD SUITE 300, JACKSONVILLE FL 32257
Catherine Levinson Burke director C/O NCR CORPORATION, 864 SPRING STREET NW, ATLANTA GA 30308
Michael L Gravelle officer: Corp. Secretary & General Coun 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Kirk T Larsen officer: Chief Financial Officer 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Foley William P Ii director, officer: Chairman FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Richard N Massey director 900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211
Nancy L. Shanik director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Shelley S Leonard officer: Chief Product & Digital Ofcr 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Joseph M Nackashi officer: President LENDER PROCESSING SERVICES, INC., 601 RIVERSIDE AVE., JACKSONVILLE FL 32204
Anthony Orefice officer: Chief Operating Officer C/O BLACK KNIGHT FINANCIAL SERVICES, INC, 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Thomas J. Sanzone officer: Chief Executive Officer BLACK KNIGHT FINANCIAL SERVICES, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Thl Equity Fund Vi Investors (bkfs-lm), Llc 10 percent owner C/O THOMAS H. LEE PARNTERS, L.P., 100 FEDERAL STREET, 35TH FLOOR, BOSTON MA 02110

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