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EVO Transportation & Energy Services (EVO Transportation & Energy Services) ROC (Joel Greenblatt) % : 18.24% (As of Dec. 2022)


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What is EVO Transportation & Energy Services 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. EVO Transportation & Energy Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 18.24%.

The historical rank and industry rank for EVO Transportation & Energy Services's ROC (Joel Greenblatt) % or its related term are showing as below:

EVOA's ROC (Joel Greenblatt) % is not ranked *
in the Transportation industry.
Industry Median: 12.57
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

EVO Transportation & Energy Services's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


EVO Transportation & Energy Services ROC (Joel Greenblatt) % Historical Data

The historical data trend for EVO Transportation & Energy Services'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.

EVO Transportation & Energy Services ROC (Joel Greenblatt) % Chart

EVO Transportation & Energy Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -76.64 -91.54 -50.44 45.26 27.27

EVO Transportation & Energy Services Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -66.96 -13.42 22.85 84.91 18.24

Competitive Comparison of EVO Transportation & Energy Services's ROC (Joel Greenblatt) %

For the Trucking subindustry, EVO Transportation & Energy Services'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.


EVO Transportation & Energy Services's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, EVO Transportation & Energy Services's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where EVO Transportation & Energy Services's ROC (Joel Greenblatt) % falls into.



EVO Transportation & Energy Services 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: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.452 + 0 + 4.574) - (29.073 + 1.715 + 21.996)
=-41.758

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.704 + 0 + 5.84) - (25.574 + 0 + 10.039)
=-18.069

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of EVO Transportation & Energy Services for the quarter that ended in Dec. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.452/( ( (55.67 + max(-41.758, 0)) + (58.92 + max(-18.069, 0)) )/ 2 )
=10.452/( ( 55.67 + 58.92 )/ 2 )
=10.452/57.295
=18.24 %

Note: The EBIT data used here is four times the quarterly (Dec. 2022) 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.


EVO Transportation & Energy Services  (OTCPK:EVOA) 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.


EVO Transportation & Energy Services ROC (Joel Greenblatt) % Related Terms

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EVO Transportation & Energy Services (EVO Transportation & Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
2075 West Pinnacle Peak Road, Suite 130, Phoenix, AZ, USA, 85027
EVO Transportation & Energy Services Inc is a holding company based in Peoria, Arizona. The company along with its subsidiaries is engaged in the business of acquiring, building, and operating public and private CNG fueling stations. The company's operating segments include Trucking and CNG Fueling Stations. Trucking is comprised of domestic freight trucking and surface transportation services. It generates maximum revenue from the Trucking segment.
Executives
Raj Kapur officer: SVP, Chief Accounting Officer C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Michael John Bayles director 55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001
Patrick Seul officer: Exec VP, Gen. Counsel & Secy C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Amy L. Harp officer: Controller C/O 2075 W. PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Peck Billy L. Jr officer: EVP, Business Development C/O 2075 WEST PINNACLE PEAK ROAD SUITE 130 PHOENIX AZ 85027
Ronald Scott Wheeler director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Antara Capital Gp Llc director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Fund Gp Llc director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Master Fund Lp director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Lp director, 10 percent owner, other: See Remarks; See Footnote(1,2) 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Himanshu Gulati director, 10 percent owner, other: See Remarks; See Footnote(1,2) 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Putnam Eugene S Jr officer: Chief Financial Officer C/O AEGIS MORTGAGE CORPORATION, 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Mark Monroe Anderson director C/O 8285 WEST LAKE PLEASANT PARKWAY PEORIA AZ 85382

EVO Transportation & Energy Services (EVO Transportation & Energy Services) Headlines