GURUFOCUS.COM » STOCK LIST » Technology » Software » Brand Engagement Network Inc (NAS:BNAI) » Definitions » ROC (Joel Greenblatt) %

BNAI (Brand Engagement Network) ROC (Joel Greenblatt) % : -8,413.04% (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Brand Engagement Network 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. Brand Engagement Network's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -8,413.04%.

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

BNAI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3787.23   Med: -1453.92   Max: -1453.92
Current: -3787.23

During the past 3 years, Brand Engagement Network's highest ROC (Joel Greenblatt) % was -1453.92%. The lowest was -3787.23%. And the median was -1453.92%.

BNAI's ROC (Joel Greenblatt) % is ranked worse than
95.66% of 2744 companies
in the Software industry
Industry Median: 17.535 vs BNAI: -3787.23

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


Brand Engagement Network ROC (Joel Greenblatt) % Historical Data

The historical data trend for Brand Engagement Network'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.

Brand Engagement Network ROC (Joel Greenblatt) % Chart

Brand Engagement Network Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- - -1,453.92

Brand Engagement Network Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,569.40 -1,683.69 -2,772.71 -1,679.83 -8,413.04

Competitive Comparison of Brand Engagement Network's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, Brand Engagement Network'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.


Brand Engagement Network's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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



Brand Engagement Network 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)
=(0 + 0 + 1.012) - (9.127 + 0 + 0.975)
=-9.09

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.031 + 0 + 1.075) - (9.091 + 0 + 1.164)
=-9.149

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Brand Engagement Network 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 )
=-23.22/( ( (0.267 + max(-9.09, 0)) + (0.285 + max(-9.149, 0)) )/ 2 )
=-23.22/( ( 0.267 + 0.285 )/ 2 )
=-23.22/0.276
=-8,413.04 %

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.


Brand Engagement Network  (NAS:BNAI) 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.


Brand Engagement Network ROC (Joel Greenblatt) % Related Terms

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


Brand Engagement Network Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
145 E. Snow King Avenue, PO Box 1045, Jackson, WY, USA, 83001
Brand Engagement Network Inc is an innovative AI platform provider, designed to interface with emerging technologies, including blockchain, the Internet of Things, and cloud computing, that drive digital transformation across various industries and provide businesses with an unparalleled competitive edge. BEN offers a suite of configured and customizable applications, including natural language processing, anomaly detection, encryption, recommendation engines, sentiment analysis, image recognition, personalization, and real-time decision-making.