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Agile Growth (Agile Growth) ROC (Joel Greenblatt) % : 0.00% (As of Sep. 2022)


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What is Agile Growth 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. Agile Growth's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 0.00%.

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

AGGRU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -247.11   Med: 0   Max: 0
Current: -247.11

AGGRU's ROC (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -43.56 vs AGGRU: -247.11

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


Agile Growth ROC (Joel Greenblatt) % Historical Data

The historical data trend for Agile Growth'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.

Agile Growth ROC (Joel Greenblatt) % Chart

Agile Growth Annual Data
Trend Dec21
ROC (Joel Greenblatt) %
-

Agile Growth Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROC (Joel Greenblatt) % Get a 7-Day Free Trial -525.48 - - - -

Competitive Comparison of Agile Growth's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Agile Growth'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.


Agile Growth's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Agile Growth's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Agile Growth 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.424) - (1.487 + 0 + 0)
=-1.063

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.269) - (1.54 + 0 + 0)
=-1.271

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Agile Growth for the quarter that ended in Sep. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.136/( ( (0 + max(-1.063, 0)) + (0 + max(-1.271, 0)) )/ 1 )
=-1.136/( ( 0 + 0 )/ 1 )
=-1.136/0
= %

Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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.


Agile Growth  (NAS:AGGRU) 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.


Agile Growth ROC (Joel Greenblatt) % Related Terms

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


Agile Growth (Agile Growth) Business Description

Traded in Other Exchanges
N/A
Address
275 Grove Street, Suite 2-400, Riverside Center, Newton, MA, USA, 02466
Agile Growth Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Jay Bhatt director, officer: CEO, CFO AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Carol Bartz director
Steven W Alesio director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Philip M Pead director
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Antonio J. Aquilina officer: Chief Sourcing Officer 14 OAK PARK DRIVE, BEDFORD MA 01730
James E Heppelmann director C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Agile Growth Sponsor, Llc 10 percent owner RIVERSIDE CENTER, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
Tony Grout officer: Chief Technology Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
Sally Baraka officer: Chief Administrative Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
John Edward Newton director, officer: Chief Strategic Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466

Agile Growth (Agile Growth) Headlines