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Nielsen Holdings (Nielsen Holdings) ROC (Joel Greenblatt) % : 159.85% (As of Jun. 2022)


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What is Nielsen 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. Nielsen Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 159.85%.

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

NLSN's ROC (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 20.65
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Nielsen Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Nielsen 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.

Nielsen Holdings ROC (Joel Greenblatt) % Chart

Nielsen Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 233.85 -101.35 117.56 98.26 157.28

Nielsen Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 153.48 185.46 142.94 146.62 159.85

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

For the Consulting Services subindustry, Nielsen 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.


Nielsen Holdings's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nielsen Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Nielsen 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: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(543 + 0 + 256) - (475 + 145 + 0)
=179

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(517 + 0 + 254) - (510 + 140 + 0)
=121

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Nielsen Holdings for the quarter that ended in Jun. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=848/( ( (390 + max(179, 0)) + (371 + max(121, 0)) )/ 2 )
=848/( ( 569 + 492 )/ 2 )
=848/530.5
=159.85 %

Note: The EBIT data used here is four times the quarterly (Jun. 2022) 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.


Nielsen Holdings  (NYSE:NLSN) 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.


Nielsen Holdings ROC (Joel Greenblatt) % Related Terms

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Nielsen Holdings (Nielsen Holdings) Business Description

Traded in Other Exchanges
N/A
Address
675 Avenue of the Americas, New York, NY, USA, 10010
Nielsen Holdings PLC operates as a media and content ecosystem provider and offers audience measurement, data and analytics services. The company's data is used by its publishing clients to understand their audiences, establish the value of their advertising inventory, and maximize the value of their content. It operates as a complete unit - from the conception of a product, through the collection of the data, into the technology and operations, all the way to the data being sold and delivered to the client. The company's single reportable segment consists of television, radio, online and mobile audience and advertising measurement and corresponding analytics.
Executives
Windacre Partnership Master Fund, Lp 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOUSTON TX 77056
Windacre Partnership Llc 10 percent owner 2200 POST OAK BOULEVARD, SUITE 1580, HOUSTON TX 77056
Snehal Amin 10 percent owner 2200 POST OAK BLVD., SUITE 1580, HOU TX 77056
Henry Iglesias officer: Principal Accounting Officer TIFFANY & CO., 727 FIFTH AVENUE, NEW YORK NY 10022
Stephanie Plaines director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Luca Guerrino De director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Karthik Rao officer: COO Nielsen Global Media 3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Jon Miller director C/O TRIPADVISOR, INC, 141 NEEDHAM STREET, NEWTON MA 02464
Attwood James A Jr director 520 MADISON AVENUE, NEW YORK NY 10022
David W Kenny director, officer: Chief Executive Officer VIVAKI, 33 ARCH STREET, BOSTON MA 02110
Thomas H Castro director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Janice Marinelli Mazza director 4031 LONGRIDGE AVE, SHERMAN OAKS CA 91423
Linda Zukauckas officer: Chief Financial Officer 200 VESEY STREET, NEW YORK NY 10285
Laurie Lovett officer: Chief Human Resources Officer 675 6TH AVENUE, 3RD FLOOR, NEW YORK NY 10011
Christopher Taft officer: SVP & Corporate Controller 442 YELLOW BRICK ROAD, ORANGE CT 06477

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