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CISO (CISO Global) ROC (Joel Greenblatt) % : -711.87% (As of Sep. 2024)


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What is CISO Global 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. CISO Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -711.87%.

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

CISO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1659.24   Med: -1107.08   Max: 207.05
Current: -1158.37

During the past 6 years, CISO Global's highest ROC (Joel Greenblatt) % was 207.05%. The lowest was -1659.24%. And the median was -1107.08%.

CISO's ROC (Joel Greenblatt) % is ranked worse than
91.2% of 2749 companies
in the Software industry
Industry Median: 16.75 vs CISO: -1158.37

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


CISO Global ROC (Joel Greenblatt) % Historical Data

The historical data trend for CISO Global'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.

CISO Global ROC (Joel Greenblatt) % Chart

CISO Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -895.33 -1,318.83 -1,338.78 -638.47 -1,659.24

CISO Global 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 -291.44 -2,130.28 -549.12 -633.28 -711.87

Competitive Comparison of CISO Global's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, CISO Global'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.


CISO Global's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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


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CISO Global 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)
=(2.163 + 0 + 15.63) - (8.508 + 1.544 + 13.996)
=-6.255

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.893 + 0 + 0.44) - (9.664 + 1.267 + 0)
=-8.598

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CISO Global 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 )
=-10.404/( ( (1.53 + max(-6.255, 0)) + (1.393 + max(-8.598, 0)) )/ 2 )
=-10.404/( ( 1.53 + 1.393 )/ 2 )
=-10.404/1.4615
=-711.87 %

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.


CISO Global  (NAS:CISO) 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.


CISO Global ROC (Joel Greenblatt) % Related Terms

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


CISO Global Business Description

Traded in Other Exchanges
N/A
Address
6900 East Camelback Road, Suite 900, Scottsdale, AZ, USA, 85251
CISO Global Inc provides cybersecurity services. The services are used to protect client's data, financial information, intellectual property, and business reputation. The services include penetration testing, security remediation, compliance auditing, vulnerability assessment, and others. Geographically, the company operates in U.S., Chile and All other countries. The maximum revenue is generated from U.S.
Executives
Kyle J. Young officer: Interim COO C/O CISO GLOBAL, INC., 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Ashley Nicole Devoto director, officer: See Remarks C/O CERBERUS CYBER SENTINEL CORPORATION, SUITE 240, SCOTTSDALE AZ 85251
David A. Bennett officer: Chief Operating Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Debra Smith officer: Chief Financial Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Vandeweghe Ernest M. Iii director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Andrew K Mccain director 170 SOUTH GREEN VALLEY PARKWAY, SUITE 300, HENDERSON NV 89012
David Grant Jemmett director, officer: Chief Executive Officer 2303 N 44TH ST, 1011, PHOENIX AZ 85008
Robert C. Oaks director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Reid Scott Holbrook director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Scott Stephen H. Jr. director, 10 percent owner 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251