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. Akamai Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2022 was 26.50%.
The historical rank and industry rank for Akamai Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
AKAM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.39 Med: 51.52 Max: 103.38
Current: 31.39
During the past 13 years, Akamai Technologies's highest ROC (Joel Greenblatt) % was 103.38%. The lowest was 31.39%. And the median was 51.52%.
Akamai Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.50% per year.
Akamai Technologies ROC (Joel Greenblatt) % Historical Data
The historical data trend for Akamai Technologies'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.
|
Akamai Technologies Annual Data
|
|
Trend |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
| ROC (Joel Greenblatt) % |
|
|
|
|
|
|
39.19 |
42.70 |
41.25 |
32.44 |
33.94 |
|
Akamai Technologies Quarterly Data
|
|
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
| ROC (Joel Greenblatt) % |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31.15 |
32.59 |
33.97 |
32.77 |
26.50 |
Competitive Comparison
For the Software - Infrastructure subindustry, Akamai Technologies'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.
Akamai Technologies ROC (Joel Greenblatt) % Distribution
For the Software industry and Technology sector, Akamai Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Akamai Technologies's ROC (Joel Greenblatt) % falls into.
Akamai Technologies 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.
When net working capital is negative, 0 is used.
So ROC (Joel Greenblatt) % of Akamai Technologies for the quarter that ended in Mar. 2022 can be restated as:
Note:
The EBIT data used here is four times the quarterly (Mar. 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.
Akamai Technologies Business Description
Traded in Other Exchanges
Address
145 Broadway, Cambridge, MA, USA, 02142
Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,000 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core web and media businesses to protect its customers from cyber threats.
Executives
| Williams Anthony P |
officer: EVP and CHRO |
C/O AKAMAI TECHNOLOGIES, INC. 145 BROADWAY CAMBRIDGE MA 02142 |
| Mcconnell Rick M |
officer: President and GM Web Division |
LATITUDE 2121 TASMAN DRIVE SANTA CLARA CA 4089887256 |
| Ahola Aaron |
officer: EVP & General Counsel |
C/O AKAMAI TECHNOLOGIES, INC. 150 BROADWAY CAMBRIDGE MA 02142 |
| Blumofe Robert |
officer: EVP Platform & GM Enterprise |
C/O AKAMAI TECHNOLOGIES, INC. 8 CAMBRIDGE CENTER CAMBRIDGE MA 02142 |
| Mcgowan Edward J |
officer: Chief Financial Officer |
C/O AKAMAI TECHNOLOGIES, INC. 150 BROADWAY CAMBRIDGE MA 02142 |
| Ranganathan Madhu |
director |
760 MARKET STREET 4TH FLOOR SAN FRANCISCO CA 94102 |
| Wagner William Raymond |
director |
C/O VOCUS, INC. 4296 FORBES BOULEVARD LANHAM MD 20706 |
| Miller Jon |
director |
C/O TRIPADVISOR, INC 141 NEEDHAM STREET NEWTON MA 02464 |
| Sundaram Mani |
officer: EVP GSS and CIO |
C/O AKAMAI TECHNOLOGIES, INC. 145 BROADWAY CAMBRIDGE MA 02142 |
| Brown Marianne Catherine |
director |
4094 TIMUQUANA ROAD JACKSONVILLE FL 33210-8571 |
| Killalea Peter Thomas |
director |
C/O XOOM CORPORATION 425 MARKET STREET, 12TH FLOOR SAN FRANCISCO CA 94105 |
| Greenthal Jill A |
director |
MARTHA STEWART LIVING OMNIMEDIA INC 11 WEST 42ND STREET 25TH FLOOR NEW YORK NY 10036 |
| Verwaayen Bernardus Johannes Maria |
director |
55 GLENLAKE PARKWAY NE ATLANTA GA 30328 |
| Hesse Daniel |
director |
PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HESSE DANIEL a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
| Salerno Frederic V |
director |
115 S JEFFERSON RD WHIPPANY NJ 07981 |
Akamai Technologies Headlines
By tipranks.com 2022-02-17
By Seekingalpha 2021-12-17
By Seekingalpha 2022-02-15
By Seekingalpha 2021-11-02
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