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Proofpoint (Proofpoint) ROC (Joel Greenblatt) % : -68.09% (As of Jun. 2021)


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What is Proofpoint 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. Proofpoint's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -68.09%.

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

PFPT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -328.78   Med: -206.69   Max: -45.22
Current: -57.37

During the past 12 years, Proofpoint's highest ROC (Joel Greenblatt) % was -45.22%. The lowest was -328.78%. And the median was -206.69%.

PFPT's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 13.25 vs PFPT: -57.37

Proofpoint's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.70% per year.


Proofpoint ROC (Joel Greenblatt) % Historical Data

The historical data trend for Proofpoint'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.

Proofpoint ROC (Joel Greenblatt) % Chart

Proofpoint Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -165.39 -81.09 -148.95 -99.82 -45.22

Proofpoint Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -33.29 -53.32 -42.37 -57.15 -68.09

Competitive Comparison of Proofpoint's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, Proofpoint'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.


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

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

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



Proofpoint 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. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(180.971 + 0.457 + 95.767) - (115.338 + 704.89 + 0)
=-543.033

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(204.264 + 0.432 + 101.824) - (158.583 + 703.029 + 0)
=-555.092

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Proofpoint for the quarter that ended in Jun. 2021 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2021  Q: Jun. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-196.28/( ( (290.42 + max(-543.033, 0)) + (286.127 + max(-555.092, 0)) )/ 2 )
=-196.28/( ( 290.42 + 286.127 )/ 2 )
=-196.28/288.2735
=-68.09 %

Note: The EBIT data used here is four times the quarterly (Jun. 2021) 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.


Proofpoint  (NAS:PFPT) 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.


Proofpoint ROC (Joel Greenblatt) % Related Terms

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


Proofpoint (Proofpoint) Business Description

Industry
Traded in Other Exchanges
N/A
Address
892 Ross Drive, Sunnyvale, CA, USA, 94089
Proofpoint Inc. is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm's solutions are delivered through its security-as-a-service platform, which hosts an integrated set of on-demand data protection applications. These solutions include threat protection, incident response, regulatory compliance, archiving, governance, and secure communication capabilities. The company derives revenue from subscription fees and hardware, training, and professional services fees. A majority of the firm's revenue is generated in the United States.
Executives
Robert Darren Lee officer: EVP/GM Compliance/Digital Risk C/O PROOFPOINT, INC. 892 ROSS DRIVE SUNNYVALE CA 94089
Gary Steele director, officer: Chairman and CEO C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
David Knight officer: EVP/GM, Security Products C/O PROOFPOINT, INC. 892 ROSS DRIVE SUNNYVALE CA 94089
Ashan Willy officer: EVP/GM-Sec Prd & Svc Grp C/O PROOFPOINT, INC. 892 ROSS DRIVE SUNNYVALE CA 94089
Auvil Paul R. Iii officer: Chief Financial Officer C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Dana L Evan director 550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Blake P. Salle officer: EVP, Worldwide Sales C/O PROOFPOINT, INC. 892 ROSS DRIVE SUNNYVALE CA 94089
Bhagwat Swaroop officer: EVP Indus. Solutions/Bus. Dev. C/O PROOFPOINT, INC. 892 ROSS DRIVE SUNNYVALE CA 94089
Kevin Harvey director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Richard Scott Herren director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Leyla D. Seka director C/O PROOFPOINT, INC. 892 ROSS DRIVE SUNNYVALE CA 94089
Kristen Gil director C/O UNITEDHEALTH GROUP, 9900 BREN ROAD EAST, MN008-T502, MINNETONKA MN 55343
Michael M Johnson director C/O PROOFPOINT, INC. 892 ROSS DRIVE SUNNYVALE CA 94089
Richard P Wallace director KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
Jonathan D Feiber director 3000 SAND HILL ROAD BLDG 1, MENLO PARK CA 94025

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