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DSG Global (DSG Global) ROC (Joel Greenblatt) % : -704.86% (As of Jun. 2023)


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What is DSG Global 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. DSG Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -704.86%.

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

DSGT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71270   Med: -2567.45   Max: -1676.79
Current: -2772.78

During the past 13 years, DSG Global's highest ROC (Joel Greenblatt) % was -1676.79%. The lowest was -71270.00%. And the median was -2567.45%.

DSGT's ROC (Joel Greenblatt) % is not ranked
in the Hardware industry.
Industry Median: 10.04 vs DSGT: -2772.78

DSG Global's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 29.40% per year.


DSG Global ROC (Joel Greenblatt) % Historical Data

The historical data trend for DSG Global'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.

DSG Global ROC (Joel Greenblatt) % Chart

DSG Global Annual Data
Trend Sep13 Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71,270.00 -2,011.03 -2,388.29 -2,674.89 -4,514.66

DSG Global Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -4,709.68 -7,709.89 -7,036.22 -2,676.84 -704.86

Competitive Comparison of DSG Global's ROC (Joel Greenblatt) %

For the Scientific & Technical Instruments subindustry, DSG Global'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.


DSG Global's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DSG Global's ROC (Joel Greenblatt) % distribution charts can be found below:

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



DSG Global 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.288 + 1.103 + 0.245) - (4.019 + 0.487 + 0.013)
=-2.883

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.353 + 0.865 + 0.443) - (4.907 + 0.512 + 0.020999999999999)
=-3.779

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of DSG Global for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.104/( ( (0.312 + max(-2.883, 0)) + (0.285 + max(-3.779, 0)) )/ 2 )
=-2.104/( ( 0.312 + 0.285 )/ 2 )
=-2.104/0.2985
=-704.86 %

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


DSG Global  (OTCPK:DSGT) 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.


DSG Global ROC (Joel Greenblatt) % Related Terms

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


DSG Global (DSG Global) Business Description

Traded in Other Exchanges
N/A
Address
207 - 15272 Croydon Drive, Surrey, BC, CAN, V3Z 0Z5
DSG Global Inc is a technology company that provides designing, manufacturing, and marketing of fleet management solutions for the golf industry, commercial, government, and military applications. The principal activities are the sale and rental of GPS tracking devices and interfaces for golf vehicles and support activities. Its products developed by the company can be sold and installed in golf facilities and also for commercial applications. The products include TAG Golf which can be used to monitor the pace of play, security, geo-fencing, TAG Turf which is used for fleet management and security capabilities. Other products include DSG TAG, ECO TAG, TAG Text, TAG Touch, TAG commercial, and TAG military.
Executives
Stephanie Deann Ragan 10 percent owner 1437 EAST 33RD AVE,, HOBART IN 46342
Keith Earl Simmons other: Individual Investor 2855 PANHANDLE DRIVE, GRAPEVINE TX 76051
Kenneth Ingram Marsh director C/O DSG GLOBAL INC., SUITE 214-5455 152 STREET, SURREY A1 V3S 5A5
Jason Sugarman director C/O THE TOPAZ GROUP INC, 126/1 KRUNGTHONBURL ROAD, BANGKOK THAILAND W1 00000
James B Singerling director 214-5455 152ND STREET, SURREY A1 V3S 5A5
Rupert Wainwright director 214-5455 152ND STREET, SURREY A1 V3S 5A5
Keith Bryan Westergaard director, 10 percent owner 214-5455 152ND STREET, SURREY A1 V3S 5A5
Stephen Allen Johnston director 214-5455 152ND STREET, SURREY A1 V3S 5A5
Westergaard Holdings Ltd 10 percent owner 214-5455 152ND STREET, SURREY A1 V3S 5A5
Silzer Robert C Sr director, 10 percent owner, officer: Chief Executive Officer C/O DSG GLOBAL INC, 214-5455 152ND STREET, SURREY A1 V3S 5A5

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