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EAGRF (East Side Games Group) ROC (Joel Greenblatt) % : -9.47% (As of Sep. 2024)


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What is East Side Games Group 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. East Side Games Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -9.47%.

The historical rank and industry rank for East Side Games Group's ROC (Joel Greenblatt) % or its related term are showing as below:

EAGRF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -58   Med: -40.96   Max: 1701.79
Current: 595.47

During the past 5 years, East Side Games Group's highest ROC (Joel Greenblatt) % was 1701.79%. The lowest was -58.00%. And the median was -40.96%.

EAGRF's ROC (Joel Greenblatt) % is ranked better than
90.64% of 566 companies
in the Interactive Media industry
Industry Median: 8.045 vs EAGRF: 595.47

East Side Games Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


East Side Games Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for East Side Games Group'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.

East Side Games Group ROC (Joel Greenblatt) % Chart

East Side Games Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-46.49 579.44 -40.96 1,646.09 -58.30

East Side Games Group 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 99.05 1,274.47 1,420.20 -73.28 -9.47

Competitive Comparison of East Side Games Group's ROC (Joel Greenblatt) %

For the Electronic Gaming & Multimedia subindustry, East Side Games Group'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.


East Side Games Group's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, East Side Games Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where East Side Games Group's ROC (Joel Greenblatt) % falls into.



East Side Games Group 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)
=(5.678 + 0 + 3.358) - (8.217 + 0.62 + 0.00099999999999945)
=0.198

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.13 + 0 + 3.2) - (10.513 + 0.349 + 0.00099999999999945)
=-1.533

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of East Side Games Group 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 )
=-0.036/( ( (0.29 + max(0.198, 0)) + (0.272 + max(-1.533, 0)) )/ 2 )
=-0.036/( ( 0.488 + 0.272 )/ 2 )
=-0.036/0.38
=-9.47 %

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.


East Side Games Group  (OTCPK:EAGRF) 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.


East Side Games Group ROC (Joel Greenblatt) % Related Terms

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East Side Games Group Business Description

Traded in Other Exchanges
Address
1055 Dunsmuir Street, Suite 3104, Four Bentall Centre, Vancouver, BC, CAN, V7X 1G4
East Side Games Group Inc is a free-to-play mobile game group, that creates engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution, and growth through a diverse portfolio of original and licensed IP mobile games that include Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s, It's Always Sunny: The Gang Goes Mobile; Trailer Park Boys Greasy Money, and many more. It generates revenue through in-app purchases (IAP) from the sale of in-game virtual items that enhance the gameplaying experience, and through in-game advertising.