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WRAP (Wrap Technologies) ROC (Joel Greenblatt) % : -763.78% (As of Mar. 2025)


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What is Wrap Technologies 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. Wrap Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -763.78%.

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

WRAP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -9955.22   Med: -623.42   Max: -351.3
Current: -675.96

During the past 9 years, Wrap Technologies's highest ROC (Joel Greenblatt) % was -351.30%. The lowest was -9955.22%. And the median was -623.42%.

WRAP's ROC (Joel Greenblatt) % is ranked worse than
97.63% of 2447 companies
in the Hardware industry
Industry Median: 9.66 vs WRAP: -675.96

Wrap Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.00% per year.


Wrap Technologies ROC (Joel Greenblatt) % Historical Data

The historical data trend for Wrap 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.

* Premium members only.

Wrap Technologies ROC (Joel Greenblatt) % Chart

Wrap Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -452.26 -608.19 -351.30 -448.97 -638.65

Wrap Technologies 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 -617.99 -507.40 -623.29 -850.29 -763.78

Competitive Comparison of Wrap Technologies's ROC (Joel Greenblatt) %

For the Scientific & Technical Instruments subindustry, Wrap 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.


Wrap Technologies's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

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

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


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Wrap 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.

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.513 + 6.17 + 0.178) - (1.891 + 0.493 + 10.252)
=-5.775

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.66 + 6.081 + 0.582) - (1.407 + 0.349 + 11.499)
=-5.932

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Wrap Technologies 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 )
=-15.688/( ( (2.11 + max(-5.775, 0)) + (1.998 + max(-5.932, 0)) )/ 2 )
=-15.688/( ( 2.11 + 1.998 )/ 2 )
=-15.688/2.054
=-763.78 %

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.


Wrap Technologies  (NAS:WRAP) 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.


Wrap Technologies ROC (Joel Greenblatt) % Related Terms

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


Wrap Technologies Business Description

Traded in Other Exchanges
N/A
Address
3480 Main Highway, Suite 202, Miami, FL, USA, 33133
Wrap Technologies Inc is a public safety technology and services company that delivers safe and effective policing solutions to law enforcement and security personnel worldwide. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented, hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. The group operates in the Americas, Europe, the Middle East, Africa and the Asia Pacific.
Executives
Elwood G Norris 10 percent owner 13771 DANIELSON STREET, STE. L, POWAY CA 92064
Kevin W Mullins officer: PRESIDENT C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Timothy Szymanski director C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Rajiv Srinivasan director C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Christopher James Dealmeida officer: Chief Financial Officer 1817 W 4TH STREET, TEMPE AZ 85281
Bruce Bernstein director 780 THIRD AVENUE, 12TH FLOOR, NEW YORK NY 10017
Marc Savas director 8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Tj Kennedy director 400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Scot Cohen director, officer: Executive Chairman, Secretary 20 EAST 20TH ST., APT. 6, NEW YORK NY 10003
Kevin Charles Sherman director 1730 BLAKE ST STE 305, DENVER CO 80202
Glenn M Hickman officer: CHIEF OPERATING OFFICER C/O WRAP TECHNOLOGIES, 1817 W 4TH STREET, TEMPE AZ 85281
Varner Leo William Jr. officer: INTERIM CEO 400 GALLERIA PKWY SE, SUITE 1760, ATLANTA GA 30339
James A Barnes director, officer: President and CFO 13771 DANIELSON STREET, STE. L, POWAY CA 92064
Thomas P Smith officer: PRESIDENT 7860 EAST MCCLAIN DRIVE SUITE E, SCOTTSDALE AZ 85260-1627
David G Norris director, officer: President C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277