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. Fantasy Aces Daily Fantasy Sports's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -61,600.00%.
The historical rank and industry rank for Fantasy Aces Daily Fantasy Sports's ROC (Joel Greenblatt) % or its related term are showing as below:
FASDF's ROC (Joel Greenblatt) % is not ranked *
in the Interactive Media industry.
Industry Median: 19.35 * Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
Fantasy Aces Daily Fantasy Sports (OTCPK:FASDF) 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.
* 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.
Fantasy Aces Daily Fantasy Sports ROC (Joel Greenblatt) % Chart
For the Electronic Gaming & Multimedia subindustry, Fantasy Aces Daily Fantasy Sports'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.
Fantasy Aces Daily Fantasy Sports ROC (Joel Greenblatt) % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Fantasy Aces Daily Fantasy Sports's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Fantasy Aces Daily Fantasy Sports's ROC (Joel Greenblatt) % falls into.
Fantasy Aces Daily Fantasy Sports 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:
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.
Note:
The EBIT data used here is four times the quarterly (Sep. 2016) 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 -61,600.00% mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a ROC (Joel Greenblatt) % of -61,600.00% as of Sep. 2016. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' ROC (Joel Greenblatt) % too high?
Fantasy Aces Daily Fantasy Sports' current ROC (Joel Greenblatt) % is -61,600.00%.
How does Fantasy Aces Daily Fantasy Sports' ROC (Joel Greenblatt) % compare to FRZT?
Fantasy Aces Daily Fantasy Sports' ROC (Joel Greenblatt) % of -61,600.00% can be compared against companies in the Interactive Media industry. The industry median ROC (Joel Greenblatt) % is 19.35. 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 an Interactive Media company?
The median ROC (Joel Greenblatt) % among Interactive Media companies is 19.35, based on 550 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 Fantasy Aces Daily Fantasy Sports and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 19.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fantasy Aces Daily Fantasy Sports's current ROC (Joel Greenblatt) % is -61,600.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current ROC (Joel Greenblatt) % of -61,600.00%. The current ROC (Joel Greenblatt) % is -61,600.00%. 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 Fantasy Aces Daily Fantasy Sports (FASDF), the current ROC (Joel Greenblatt) % is -61,600.00% as of Sep. 2016. 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.
Fantasy Aces Daily Fantasy Sports Business Description
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FASDF has been successfully added to your 