GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CurAegis Technologies Inc (OTCPK:CRGS) » Definitions » ROC (Joel Greenblatt) %

CurAegis Technologies (CurAegis Technologies) ROC (Joel Greenblatt) % : 992.75% (As of Sep. 2020)


View and export this data going back to 1999. Start your Free Trial

What is CurAegis 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. CurAegis Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2020 was 992.75%.

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

CRGS's ROC (Joel Greenblatt) % is not ranked *
in the Hardware industry.
Industry Median: 9.58
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


CurAegis Technologies ROC (Joel Greenblatt) % Historical Data

The historical data trend for CurAegis 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.

CurAegis Technologies ROC (Joel Greenblatt) % Chart

CurAegis Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,260.79 -2,911.91 -3,849.59 -5,616.04 -2,077.13

CurAegis Technologies Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -1,765.79 -692.21 -746.19 -923.08 992.75

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

For the Scientific & Technical Instruments subindustry, CurAegis 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.


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

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

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



CurAegis 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: Jun. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.009) - (2.963 + 0 + 0.039999999999999)
=-2.994

Working Capital(Q: Sep. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.012) - (3.041 + 0 + 0.02)
=-3.049

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CurAegis Technologies for the quarter that ended in Sep. 2020 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2020  Q: Sep. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.916/( ( (0.201 + max(-2.994, 0)) + (0.185 + max(-3.049, 0)) )/ 2 )
=1.916/( ( 0.201 + 0.185 )/ 2 )
=1.916/0.193
=992.75 %

Note: The EBIT data used here is four times the quarterly (Sep. 2020) 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.


CurAegis Technologies  (OTCPK:CRGS) 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.


CurAegis Technologies ROC (Joel Greenblatt) % Related Terms

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


CurAegis Technologies (CurAegis Technologies) Business Description

Traded in Other Exchanges
N/A
Address
350 Linden Oaks, Rochester, NY, USA, 14625
CurAegis Technologies Inc is a United States-based company that develops and markets advanced technologies in the areas of safety, wellness and power. It is focused on the commercialization of a wellness and safety system (the myCadian system) and a hydraulic pump that will be smaller, lighter, less expensive and more efficient than current technology. The company has two business divisions CURA and Aegis. The CURA division, which is the key revenue generator, is engaged in the fatigue management business and reduces fatigue risk in the workplace to improve alertness. The Aegis division is engaged in the power and hydraulic business and is designed to bring a unique concept in hydraulic pumps and motors.
Executives
B Thomas Golisano 10 percent owner
Aaron Newman director 4000 EAST AVENUE ROCHESTER NY 14604
Johnson Walter A. L. director 350 LINDEN OAKS ROCHESTER NY 14625
E. Philip Saunders director 1999 MT. READ BLVD ROCHESTER NY 14615
Gary A Siconolfi director 11 POND VIEW DRIVE PITTSFORD NY 14534
James R. Donnelly officer: COO 350 LINDEN OAKS ROCHESTER NY 14625
Richard A Kaplan director, 10 percent owner, officer: CEO 1999 MT. REED BLVD ROCHESTER NY 14615
William W Destler director 2 LOMB MEMORIAL DRIVE ROCHESTER NY 14623
Lance F. Drummond director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Tom Bonadio director 1021 HOWARD AVE, SAN CARLOS CA 94070
Asher Justin Flaum director 49 SUNRISE PARK PITTSFORD NY 14534
Charles N Mills director 1999 MT. READ BLVD ROCHESTER NY 14615
Thomas J Labus director 1012 TARRANT DRIVE FONTANA WI 53125
John W Heinricy director 1999 MT. READ BLVD ROCHESTER NY 14615
Keith E Gleasman director, 10 percent owner, officer: President 11 POND VIEW DRIVE PITTSFORD NY 14534

CurAegis Technologies (CurAegis Technologies) Headlines

From GuruFocus