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SharpSpring (SharpSpring) ROC (Joel Greenblatt) % : -144.34% (As of Jun. 2021)


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What is SharpSpring 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. SharpSpring's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -144.34%.

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

SHSP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1389.61   Med: -165.18   Max: 2060.13
Current: -91.12

During the past 11 years, SharpSpring's highest ROC (Joel Greenblatt) % was 2060.13%. The lowest was -1389.61%. And the median was -165.18%.

SHSP's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 13.25 vs SHSP: -91.12

SharpSpring's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 39.20% per year.


SharpSpring ROC (Joel Greenblatt) % Historical Data

The historical data trend for SharpSpring'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.

SharpSpring ROC (Joel Greenblatt) % Chart

SharpSpring 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 -663.67 -650.49 -860.58 -240.38 -74.13

SharpSpring 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 -38.34 -55.73 -62.67 -106.33 -144.34

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

For the Software - Application subindustry, SharpSpring'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.


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

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

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



SharpSpring 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)
=(0.366 + 0 + 1.443) - (2.609 + 0.951 + 0)
=-1.751

Working Capital(Q: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.3 + 0 + 1.294) - (3.232 + 0.863 + 0)
=-2.501

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SharpSpring 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 )
=-14.4/( ( (10.157 + max(-1.751, 0)) + (9.796 + max(-2.501, 0)) )/ 2 )
=-14.4/( ( 10.157 + 9.796 )/ 2 )
=-14.4/9.9765
=-144.34 %

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.


SharpSpring  (NAS:SHSP) 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.


SharpSpring ROC (Joel Greenblatt) % Related Terms

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


SharpSpring (SharpSpring) Business Description

Traded in Other Exchanges
N/A
Address
5001 Celebration Pointe Avenue, Suite 410, Gainesville, FL, USA, 32608
SharpSpring Inc provides cloud-based marketing technology. Its marketing automation platform uses features such as web tracking, lead scoring, and an automated workflow to deliver the right message to the right customer at the right time. It provides SaaS-based marketing technologies to customers around the world. Its platform also includes customer relationship management technology that enables a business to store, manage and optimize customer and prospect data in a cloud-based environment. Its products include the Mail+ product and marketing automation platform. The majority of the revenue is generated by Marketing automation.
Executives
Richard Alan Carlson director, officer: CEO and President 304 WEST UNIVERSITY AVENUE GAINESVILLE FL 32601
Travis Whitton officer: Chief Technology Officer 304 WEST UNIVERSITY AVENUE GAINESVILLE FL 32601
Greenhaven Road Capital Fund 1, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Greenhaven Road Investment Management, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Mvm Funds Llc director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06930
Scott Stewart Miller director, 10 percent owner 70 GREENHAVEN ROAD, RYE NY 10580
David A. Buckel director SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Steven A. Huey director C/O SHARPSPRING 550 SW 2ND AVENUE GAINESVILLE FL 32601
Savneet Singh director 120 RIVERSIDE BLVD, PH 2K, NEW YORK NY 10069
Greenhaven Road Capital Fund 2, L.p. director 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Marietta Davis director C/O SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Aaron David Jackson officer: Interim CFO 2034 SW 73RD TER GAINESVILLE FL 32607
Michael Power officer: Chief Financial Officer 5001 CELEBRATION POINTE AVE SUITE 410 GAINESVILLE FL 32608
Cat Rock Capital Management Lp 10 percent owner 8 SOUND SHORE DRIVE, SUITE 250 GREENWICH CT 06830
Daniel Allen director 299 PARK AVENUE SOUTH, SUITE 90959, NEW YORK NY 10003