GURUFOCUS.COM » STOCK LIST » Technology » Software » Paltalk Inc (NAS:PALT) » Definitions » ROC (Joel Greenblatt) %

Paltalk (Paltalk) ROC (Joel Greenblatt) % : -2,258.29% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Paltalk 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. Paltalk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2,258.29%.

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

PALT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1754.24   Med: -294.89   Max: 405.36
Current: -1751.27

During the past 13 years, Paltalk's highest ROC (Joel Greenblatt) % was 405.36%. The lowest was -1754.24%. And the median was -294.89%.

PALT's ROC (Joel Greenblatt) % is ranked worse than
91.96% of 2760 companies
in the Software industry
Industry Median: 13.15 vs PALT: -1751.27

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


Paltalk ROC (Joel Greenblatt) % Historical Data

The historical data trend for Paltalk'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.

Paltalk ROC (Joel Greenblatt) % Chart

Paltalk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -175.41 152.52 405.36 -1,560.68 -1,754.24

Paltalk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1,870.55 -2,440.27 -865.37 -1,440.74 -2,258.29

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

For the Software - Application subindustry, Paltalk'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.


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

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

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



Paltalk 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.143 + 0 + 0.823) - (0.746 + 2.201 + -0.00099999999999989)
=-1.98

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.093 + 0 + 0.991) - (1.018 + 2.043 + 0.00099999999999989)
=-1.978

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Paltalk for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.976/( ( (0.098 + max(-1.98, 0)) + (0.077 + max(-1.978, 0)) )/ 2 )
=-1.976/( ( 0.098 + 0.077 )/ 2 )
=-1.976/0.0875
=-2,258.29 %

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


Paltalk  (NAS:PALT) 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.


Paltalk ROC (Joel Greenblatt) % Related Terms

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


Paltalk (Paltalk) Business Description

Industry
Traded in Other Exchanges
N/A
Address
30 Jericho Executive Plaza, Suite 400E, Jericho, NY, USA, 11753
Paltalk Inc is a communications software innovator. It operates a network of consumer applications where users can meet, see, chat, broadcast and message in real-time in a secure environment with others in the network. The company's product portfolio includes Paltalk, Camfrog, Tinychat and Vumber. Its consumer applications generate revenue principally from subscription fees and advertising arrangements. The company's major revenue-generating live video chat products are Paltalk and Camfrog.
Executives
Geoffrey Cook director 280 UNION SQUARE DRIVE, NEW HOPE PA 18938
J. Crew Delaware Trust B 10 percent owner J.P. MORGAN TRUST COMPANY OF DELAWARE, 500 STANTON CHRISTIANA ROAD, NEWARK DE 19713
Jason Katz director, officer: CHMN of the Board, PRES & COO C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, NEW YORK NY 10017
Adam Zalko officer: Vice President of Engineering 30 JERICHO EXECUTIVE PLAZA, SUITE 400E, JERICHO NY 11753
Yoram Abada director C/O JENNIFER CONVERTIBLES, 419 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Clifford Lerner director, 10 percent owner, officer: Pres., CEO, CFO, Chairman of, other: the Board of Directors 462 7TH AVENUE, 4TH FLOOR, NEW YORK NY 10018
Kara B Jenny officer: Chief Financial Officer C/O PATENT PROPERTIES, INC., TWO HIGH RIDGE PARK, STAMFORD CT 06905
Michael Gwynne Jones director 24460 MALIBU ROAD, MALIBU CA 90265
Lance Laifer director 1 STIRRUP DRIVE, OLD BROOKVILLE NY 11545
John Silberstein director C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Michael Levit director C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Eric Sackowitz officer: Chief Technology Officer C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
Arash Vakil officer: Chief Product Officer C/O A.V.M. SOFTWARE, INC., 122 EAST 42ND STREET, SUITE 2600, NEW YORK NY 10017
J. Crew Delaware Trust A 10 percent owner C/O J.P. MORGAN TRUST CO. OF DE, TRUSTEE, 500 STANTON-CHRISTIANA ROAD, DE3-1600, NEWARK DE 19713
Judy Krandel director 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018