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MeridianLink (MeridianLink) ROC (Joel Greenblatt) %

: 689.50% (As of Dec. 2023) 中文
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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. MeridianLink's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 689.50%.

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

MLNK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 105.56   Med: 188.83   Max: 408.57
Current: 184.22

During the past 5 years, MeridianLink's highest ROC (Joel Greenblatt) % was 408.57%. The lowest was 105.56%. And the median was 188.83%.

MLNK's ROC (Joel Greenblatt) % is ranked better than
84.32% of 2761 companies
in the Software industry
Industry Median: 13.06 vs MLNK: 184.22

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


MeridianLink ROC (Joel Greenblatt) % Historical Data

The historical data trend for MeridianLink'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.

MeridianLink Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
105.56 339.72 408.57 188.83 130.88

MeridianLink Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC (Joel Greenblatt) % 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 13.87 45.13 99.97 540.98 689.50

Competitive Comparison

For the Software - Application subindustry, MeridianLink'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.


MeridianLink ROC (Joel Greenblatt) % Distribution

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

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



MeridianLink 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.996 + 0 + 11.727) - (29.404 + 28.175 + 7.172)
=-19.028

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.314 + 0 + 10.613) - (26.579 + 18.526 + 6.424)
=-10.602

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=32.872/( ( (5.058 + max(-19.028, 0)) + (4.477 + max(-10.602, 0)) )/ 2 )
=32.872/( ( 5.058 + 4.477 )/ 2 )
=32.872/4.7675
=689.50 %

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


MeridianLink  (NYSE:MLNK) 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.


MeridianLink ROC (Joel Greenblatt) % Related Terms

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


MeridianLink (MeridianLink) Business Description

Traded in Other Exchanges
N/A
Address
3560 Hyland Avenue, Suite 200, Costa Mesa, CA, USA, 92626
MeridianLink Inc is a cloud-based software solution for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. It generates maximum revenue from Lending Software Solutions.
Executives
Sean W Blitchok officer: Chief Financial Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Edward H Mcdermott director 60 E. SIR FRANCIS DRAKE BLVD., SUITE 300, LARKSPUR CA 94939
Cowan Cody director MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chris Maloof officer: President, Go To Market MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Mark Sachleben director C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Duston Williams director C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Alan R. Arnold officer: Chief Operating Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Yael Zheng director 345 ENCINAL STREET, SANTA CRUZ CA 95060
Reema Poddar director 1600 SUNFLOWER AVENUE, #200, COSTA MESA CA 92626
Timothy Nguyen director, officer: Chief Strategy Officer PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626
Paul Andrew Zuber director C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Nicolaas Vlok director, officer: Chief Executive Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chad H. Martin officer: Chief Financial Officer MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Thoma Bravo Discover Fund Ii, L.p. 10 percent owner 300 NORTH LASALLE STREET, SUITE 4350, CHICAGO IL 60654
Arthur J. Rohde director PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626