Octave Intelligence (CHIX:OCTVS) ROC (Joel Greenblatt) %: 337.01% (As of Dec. 2024) — 16% Above Median

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CHIX:OCTVS Octave Intelligence PLC CHIX:OCTVS
23 GF Score
Price kr152.15
! 1 Warning Sign
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What is Octave Intelligence ROC (Joel Greenblatt) %?

Octave Intelligence CHIX:OCTVS -1.90% 23 ROC (Joel Greenblatt) % is 337.01% as of Dec. 2024, which is 16% above its 10-year median of 290.73. GuruFocus rates CHIX:OCTVS with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 2,816 Software companies, Octave Intelligence ranks better than 89.6% on this metric.

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. Octave Intelligence's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 337.01%.

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

CHIX:OCTVs' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 256.02   Med: 290.73   Max: 325.43
Current: 325.43

During the past 3 years, Octave Intelligence's highest ROC (Joel Greenblatt) % was 325.43%. The lowest was 256.02%. And the median was 290.73%.

CHIX:OCTVs's ROC (Joel Greenblatt) % is ranked better than
89.6% of 2816 companies
in the Software industry
Industry Median: 20.03 vs CHIX:OCTVs: 325.43

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


Octave Intelligence  (CHIX:OCTVs) 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.


Octave Intelligence ROC (Joel Greenblatt) % Related Terms


Octave Intelligence ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Octave Intelligence'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.

Octave Intelligence ROC (Joel Greenblatt) % Chart

Octave Intelligence Annual Data
Trend Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
0.00 256.02 337.01

Octave Intelligence Semi-Annual Data
Dec22 Dec23 Dec24
ROC (Joel Greenblatt) % 0.00 256.02 337.01

CHIX:OCTVS vs SRAD, DAVE, LIF: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Octave Intelligence'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.


Octave Intelligence ROC (Joel Greenblatt) % vs Software Industry

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

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


CHIX:OCTVS
23GF Score
Octave Intelligence PLC CHIX:OCTVS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Octave Intelligence 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4142.111 + 267.354 + 768.745) - (934.139 + 3065.75 + 1690.279)
=-511.958

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4197.325 + 152.461 + 768.301) - (1085.439 + 3397.364 + 1428.522)
=-793.238

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Octave Intelligence for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4289.423/( ( (1277.584 + max(-511.958, 0)) + (1267.988 + max(-793.238, 0)) )/ 2 )
=4289.423/( ( 1277.584 + 1267.988 )/ 2 )
=4289.423/1272.786
=337.01 %

Note: The EBIT data used here is one times the annual (Dec. 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.

What does a ROC (Joel Greenblatt) % of 337.01% mean?
Octave Intelligence (CHIX:OCTVS) has a ROC (Joel Greenblatt) % of 337.01% as of Dec. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Octave Intelligence and its competitors. This is 16% above median its historical median of 290.73. Over the past decade, Octave Intelligence's ROC (Joel Greenblatt) % has ranged from 256.02 to 325.43. According to the industry distribution chart, Octave Intelligence ranks #293 out of 2816 companies in the Software industry, placing it in the top 10.4%.
Is Octave Intelligence's ROC (Joel Greenblatt) % too high?
Octave Intelligence's current ROC (Joel Greenblatt) % of 337.01% is 16% above median its 10-year median of 290.73. Over the past 10 years, this metric has ranged from a low of 256.02 to a high of 325.43. The Software industry median ROC (Joel Greenblatt) % is 20.03. Octave Intelligence's value of 337.01% is 1582.5% above this industry median. Based on the distribution chart, Octave Intelligence ranks #293 out of 2816 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Octave Intelligence has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Octave Intelligence's ROC (Joel Greenblatt) % compare to SRAD and DAVE?
According to the Software industry distribution chart, Octave Intelligence ranks #293 out of 2816 companies for ROC (Joel Greenblatt) %. This places Octave Intelligence in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.03. Octave Intelligence's value of 337.01% is 1582.5% above this benchmark. Historically, Octave Intelligence's own ROC (Joel Greenblatt) % has ranged from 256.02 to 325.43 over the past decade. While the company's 10-year median is 290.73 vs. the industry median of 20.03, Octave Intelligence has consistently been above the industry average. 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 20.03, based on 2,816 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. Octave Intelligence's current ROC (Joel Greenblatt) % of 337.01% is 1582.5% above the industry median. 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 Octave Intelligence and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octave Intelligence's current ROC (Joel Greenblatt) % is 337.01%, which is 16% above median its own 10-year median of 290.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octave Intelligence stock overvalued right now?
Octave Intelligence (CHIX:OCTVS) has a current ROC (Joel Greenblatt) % of 337.01%. The current ROC (Joel Greenblatt) % is 337.01%, which is 16% above median its 10-year median of 290.73 and 1582.5% above the Software industry median of 20.03. Octave Intelligence's overall GF Score™ is 23/100 with 1 warning sign to review. 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 Octave Intelligence (CHIX:OCTVS), the current ROC (Joel Greenblatt) % is 337.01% as of Dec. 2024. 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.

Octave Intelligence Business Description

Address 305 Intergraph Way, Madison, AL, USA, 35758
Octave Intelligence PLC provides a suite of software solutions that help organizations design, build, operate, and protect their physical assets, people, and critical infrastructure. The company operates in a single business segment developing enterprise software used in design, construction, operations, and security. Geographically, it operates in Americas that includes the United States, and Other Americas (Canada, and Latin America); EMIA that includes Europe, Middle East, India, and Africa; and APAC that includes the Asia-Pacific region, excluding India. The company derives maximum revenue from Americas. Its products include: Octave Coda Spatial, Octave Alto Twin, Octave Coda, Octave Oncall, Octave Alto, Octave Imagine, Octave Oncall Dispatch, Octave Alto Lightspeed, and Others.
23GF Score

Get the complete analysis for CHIX:OCTVS

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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