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BLNK (Blink Charging Co) ROC (Joel Greenblatt) % : -387.70% (As of Sep. 2024)


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What is Blink Charging Co 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. Blink Charging Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -387.70%.

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

BLNK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12732.92   Med: -453.55   Max: -55.78
Current: -55.78

During the past 13 years, Blink Charging Co's highest ROC (Joel Greenblatt) % was -55.78%. The lowest was -12732.92%. And the median was -453.55%.

BLNK's ROC (Joel Greenblatt) % is ranked worse than
91.84% of 1716 companies
in the Construction industry
Industry Median: 17.77 vs BLNK: -55.78

Blink Charging Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 21.10% per year.


Blink Charging Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Blink Charging Co'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.

Blink Charging Co ROC (Joel Greenblatt) % Chart

Blink Charging Co 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 -933.33 -453.46 -453.63 -284.38 -161.69

Blink Charging Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -585.30 365.19 -73.96 -85.78 -387.70

Competitive Comparison of Blink Charging Co's ROC (Joel Greenblatt) %

For the Engineering & Construction subindustry, Blink Charging Co'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.


Blink Charging Co's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Blink Charging Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Blink Charging Co 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.609 + 44.454 + 5.227) - (42.368 + 15.192 + 0)
=41.73

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.697 + 42.312 + 4.666) - (43.457 + 16.33 + 0)
=35.888

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Blink Charging Co for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-349.62/( ( (48.502 + max(41.73, 0)) + (54.235 + max(35.888, 0)) )/ 2 )
=-349.62/( ( 90.232 + 90.123 )/ 2 )
=-349.62/90.1775
=-387.70 %

Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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.


Blink Charging Co  (NAS:BLNK) 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.


Blink Charging Co ROC (Joel Greenblatt) % Related Terms

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


Blink Charging Co Business Description

Traded in Other Exchanges
Address
5081 Howerton Way, Suite A, Bowie, MD, USA, 20715
Blink Charging Co is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. The company's business is the sale and distribution of electric vehicle charging equipment and its associated revenues earned from customers and/or Property Partners who use equipment connected to its network. It earns majority revenue from U.S.A.
Executives
Jack Levine director C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Kristina A. Peterson director C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Michael D Farkas director, 10 percent owner, officer: Executive Chairman
Michael C. Battaglia officer: Chief Operating Officer C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Mahidhar Reddy director, officer: CEO of a Blink Subsidiary C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Mark Pastrone officer: Chief Operating Officer C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Aviv Hillo officer: General Counsel C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Cedric L. Richmond director C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Harjinder Bhade officer: Chief Technology Officer C/O BLINK CHARGING CO., 605 LINCOLN ROAD, 5TH FLOOR, MIAMI BEACH FL 33139
Donald Engel director, officer: Business Development Officer 570 PARK AVE, NEW YORK NY 10065
Carmen Perez-carlton director 2101 RIVERFRONT DRIVE, SUITE A, LITTLE ROCK AR 72202
Kenneth R. Marks director C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Brendan Sean Jones officer: Chief Operating Officer C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Michael P Rama officer: Chief Financial Officer C/O AVATAR HOLDINGS INC, 201 ALHAMBRA CIRCLE 12TH FLOOR, CORAL GABLES FL 33134
Louis R. Buffalino director C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI FL 33139