BRGS (Barrister Global Services Network) ROC (Joel Greenblatt) %: -178.64% (As of Jun. 2003)


What is Barrister Global Services Network ROC (Joel Greenblatt) %?

Barrister Global Services Network BRGS ROC (Joel Greenblatt) % is -178.64% as of Jun. 2003.

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. Barrister Global Services Network's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2003 was -178.64%.

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

BRGS's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 19.62
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Barrister Global Services Network  (GREY:BRGS) 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.


Barrister Global Services Network ROC (Joel Greenblatt) % Related Terms


Barrister Global Services Network ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Barrister Global Services 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.

Barrister Global Services Network ROC (Joel Greenblatt) % Chart

Barrister Global Services Network Annual Data
Trend Mar93 Mar94 Mar95 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63.05 -62.13 -27.00 -130.79 -108.20

Barrister Global Services Network Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 -109.31 5.82 -105.22 -311.37 -178.64

BRGS vs FCCN, IMCI, AKRFF: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, Barrister Global Services 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.


Barrister Global Services Network ROC (Joel Greenblatt) % vs Software Industry

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

* The bar in red indicates where Barrister Global Services Network's ROC (Joel Greenblatt) % falls into.



Barrister Global Services 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: Mar. 2003 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.272 + 0.575 + 0.111) - (1.133 + 0 + 1.23)
=-0.405

Working Capital(Q: Jun. 2003 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.395 + 0.647 + 0.124) - (0.936 + 0 + 1.365)
=-0.135

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Barrister Global Services Network for the quarter that ended in Jun. 2003 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2003 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2003  Q: Jun. 2003
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.48/( ( (0.84 + max(-0.405, 0)) + (0.817 + max(-0.135, 0)) )/ 2 )
=-1.48/( ( 0.84 + 0.817 )/ 2 )
=-1.48/0.8285
=-178.64 %

Note: The EBIT data used here is four times the quarterly (Jun. 2003) 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 -178.64% mean?
Barrister Global Services Network (BRGS) has a ROC (Joel Greenblatt) % of -178.64% as of Jun. 2003. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Barrister Global Services Network and its competitors.
Is Barrister Global Services Network's ROC (Joel Greenblatt) % too high?
Barrister Global Services Network's current ROC (Joel Greenblatt) % is -178.64%.
How does Barrister Global Services Network's ROC (Joel Greenblatt) % compare to FCCN and IMCI?
Barrister Global Services Network's ROC (Joel Greenblatt) % of -178.64% can be compared against companies in the Software industry. The industry median ROC (Joel Greenblatt) % is 19.62. 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.62, based on 2,799 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 Barrister Global Services Network and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrister Global Services Network's current ROC (Joel Greenblatt) % is -178.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrister Global Services Network stock overvalued right now?
Barrister Global Services Network (BRGS) has a current ROC (Joel Greenblatt) % of -178.64%. The current ROC (Joel Greenblatt) % is -178.64%. 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 Barrister Global Services Network (BRGS), the current ROC (Joel Greenblatt) % is -178.64% as of Jun. 2003. 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.

Barrister Global Services Network Business Description

Address 186 Exchange Street, Buffalo, NY, USA, 14204
Barrister Global Services Network Inc provides multi-vendor IT services to resolve client/server hardware issues. It has customers in commercial and consumer markets through direct and indirect channels. The company provides IT life-cycle services, Helpdesk support services, Enterprise mobility, Staff augmentation, Cloud solutions, Back office processing, and software development.