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. American Education Center's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was -402.06%.
The historical rank and industry rank for American Education Center's ROC (Joel Greenblatt) % or its related term are showing as below:
AMCT's ROC (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 20.97 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
American Education Center's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
American Education Center (OTCPK:AMCT) 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.
American Education Center ROC (Joel Greenblatt) % Related Terms
American Education Center ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for American Education Center'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.
American Education Center ROC (Joel Greenblatt) % Chart
AMCT vs MSYN, QPRC, AMMJ: ROC (Joel Greenblatt) % Comparison
For the Consulting Services subindustry, American Education Center'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.
American Education Center ROC (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, American Education Center's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where American Education Center's ROC (Joel Greenblatt) % falls into.
American Education Center 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:
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.
Note:
The EBIT data used here is four times the quarterly (Jun. 2021) 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.
What does a ROC (Joel Greenblatt) % of -402.06% mean?
American Education Center (AMCT) has a ROC (Joel Greenblatt) % of -402.06% as of Jun. 2021. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on American Education Center and its competitors.
Is American Education Center's ROC (Joel Greenblatt) % too high?
American Education Center's current ROC (Joel Greenblatt) % is -402.06%.
How does American Education Center's ROC (Joel Greenblatt) % compare to MSYN and QPRC?
American Education Center's ROC (Joel Greenblatt) % of -402.06% can be compared against companies in the Business Services industry. The industry median ROC (Joel Greenblatt) % is 20.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 20.97, based on 1,081 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on American Education Center and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 20.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Education Center's current ROC (Joel Greenblatt) % is -402.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Education Center stock overvalued right now?
American Education Center (AMCT) has a current ROC (Joel Greenblatt) % of -402.06%. The current ROC (Joel Greenblatt) % is -402.06%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For American Education Center (AMCT), the current ROC (Joel Greenblatt) % is -402.06% as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
American Education Center Inc is a United States-based company engaged in the provision of consulting services. Its Consulting services include Placement Advisory Services, Career Advisory Services, Student & Family Advisory Services, and Other Advisory Services. The company operates in two segments: the AEC New York segment and the AEC BVI segment. The majority of the revenue is generated from the AEC New York segment, which caters to middle-class families in China for quality education and work experiences in the United States and delivers customized high school and college placement and career advisory services to Chinese students wishing to study in the USA.
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