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CYBR (CyberArk Software) ROC (Joel Greenblatt) % : -405.39% (As of Mar. 2025)


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What is CyberArk Software 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. CyberArk Software's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -405.39%.

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

CYBR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -614.05   Med: 222.59   Max: 1159.18
Current: -151.99

During the past 13 years, CyberArk Software's highest ROC (Joel Greenblatt) % was 1159.18%. The lowest was -614.05%. And the median was 222.59%.

CYBR's ROC (Joel Greenblatt) % is ranked worse than
79.86% of 2776 companies
in the Software industry
Industry Median: 17.985 vs CYBR: -151.99

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


CyberArk Software ROC (Joel Greenblatt) % Historical Data

The historical data trend for CyberArk Software'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.

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CyberArk Software ROC (Joel Greenblatt) % Chart

CyberArk Software Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.94 -379.84 -614.05 -301.55 -73.77

CyberArk Software Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -156.39 -588.21 -261.35 607.55 -405.39

Competitive Comparison of CyberArk Software's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, CyberArk Software'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.


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

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

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


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CyberArk Software 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(328.465 + 0 + 45.292) - (177.794 + 596.874 + 21.656)
=-422.567

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(229.972 + 0 + 56.862) - (183.953 + 600.309 + 0)
=-497.428

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CyberArk Software for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-82.932/( ( (19.581 + max(-422.567, 0)) + (21.334 + max(-497.428, 0)) )/ 2 )
=-82.932/( ( 19.581 + 21.334 )/ 2 )
=-82.932/20.4575
=-405.39 %

Note: The EBIT data used here is four times the quarterly (Mar. 2025) 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.


CyberArk Software  (NAS:CYBR) 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.


CyberArk Software ROC (Joel Greenblatt) % Related Terms

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CyberArk Software Business Description

Traded in Other Exchanges
Address
9 Hapsagot Street, Park Ofer B, P.O. Box 3143, Petach Tikva, ISR, 4951040
CyberArk is a cybersecurity vendor focused on the identity market. The company's core privileged access management offering is a market leader in that subsegment, with more than half of the Fortune 500 as CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While CyberArk historically sold its security solutions primarily via on-premises licenses, over the past few years it has transitioned to a subscription recurring-revenue model.