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E2open Parent Holdings (E2open Parent Holdings) ROC (Joel Greenblatt) % : -3,206.23% (As of Nov. 2023)


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What is E2open Parent Holdings 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. E2open Parent Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2023 was -3,206.23%.

The historical rank and industry rank for E2open Parent Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

ETWO.WS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1684.18   Med: -269.54   Max: -162.84
Current: -1684.18

During the past 5 years, E2open Parent Holdings's highest ROC (Joel Greenblatt) % was -162.84%. The lowest was -1684.18%. And the median was -269.54%.

ETWO.WS's ROC (Joel Greenblatt) % is ranked worse than
91.89% of 2763 companies
in the Software industry
Industry Median: 13.25 vs ETWO.WS: -1684.18

E2open Parent Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


E2open Parent Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for E2open Parent Holdings'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.

E2open Parent Holdings ROC (Joel Greenblatt) % Chart

E2open Parent Holdings Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23
ROC (Joel Greenblatt) %
- -162.84 - -269.54 -964.79

E2open Parent Holdings Quarterly Data
Feb19 Jan20 Jun20 Sep20 Dec20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 77.17 -1,733.99 -1,755.08 -67.62 -3,206.23

Competitive Comparison of E2open Parent Holdings's ROC (Joel Greenblatt) %

For the Software - Application subindustry, E2open Parent Holdings'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.


E2open Parent Holdings's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, E2open Parent Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where E2open Parent Holdings's ROC (Joel Greenblatt) % falls into.



E2open Parent Holdings 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: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(105.805 + 0 + 48.281) - (86.794 + 173.398 + 27.282)
=-133.388

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(110.51 + 0 + 45.495) - (69.14 + 178.883 + 32.806)
=-124.824

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of E2open Parent Holdings for the quarter that ended in Nov. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2023  Q: Nov. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2883.204/( ( (88.246 + max(-133.388, 0)) + (91.604 + max(-124.824, 0)) )/ 2 )
=-2883.204/( ( 88.246 + 91.604 )/ 2 )
=-2883.204/89.925
=-3,206.23 %

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


E2open Parent Holdings  (NYSE:ETWO.WS) 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.


E2open Parent Holdings ROC (Joel Greenblatt) % Related Terms

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E2open Parent Holdings (E2open Parent Holdings) Business Description

Traded in Other Exchanges
Address
9600 Great Hills Trail, Suite 300E, Austin, TX, USA, 78759
E2open Parent Holdings Inc is an end-to-end and cloud-based supply chain management SaaS platform. The company's software combines networks, data, and applications to provide a deeply embedded, mission-critical platform that allows customers to optimize the supply chain across channel shaping, business planning, logistics, trade, manufacturing, and supply management. The Group has one reportable segment consisting of cloud-based, end-to-end SCM software. Geographically, it operates in the Americas, Europe, and Asia Pacific, out of which the majority is from the Americas.