FINR (Fintech Scion) ROC (Joel Greenblatt) %: -2,337.50% (As of Sep. 2024)


What is Fintech Scion ROC (Joel Greenblatt) %?

Fintech Scion FINR +6,900.00% ROC (Joel Greenblatt) % is -2,337.50% as of Sep. 2024.

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. Fintech Scion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -2,337.50%.

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

FINR's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 19.62
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Fintech Scion  (OTCPK:FINR) 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.


Fintech Scion ROC (Joel Greenblatt) % Related Terms


Fintech Scion ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Fintech Scion'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.

Fintech Scion ROC (Joel Greenblatt) % Chart

Fintech Scion Annual Data
Trend Oct14 Oct15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -496.08 -165.45 -479.79 1,665.31 -4,317.95

Fintech Scion 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 -3,802.47 -9,144.30 -6,186.67 -4,057.97 -2,337.50

FINR vs UBXG, ARAT, BNAI: ROC (Joel Greenblatt) % Comparison

For the Software - Infrastructure subindustry, Fintech Scion'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.


Fintech Scion ROC (Joel Greenblatt) % vs Software Industry

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

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



Fintech Scion 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)
=(0.057 + 0.012 + 0.086) - (3.392 + 0 + 0)
=-3.237

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.056 + 0.012 + 0.0099999999999998) - (4.129 + 0 + 0)
=-4.051

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Fintech Scion 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 )
=-0.748/( ( (0.033 + max(-3.237, 0)) + (0.031 + max(-4.051, 0)) )/ 2 )
=-0.748/( ( 0.033 + 0.031 )/ 2 )
=-0.748/0.032
=-2,337.50 %

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.

What does a ROC (Joel Greenblatt) % of -2,337.50% mean?
Fintech Scion (FINR) has a ROC (Joel Greenblatt) % of -2,337.50% as of Sep. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fintech Scion and its competitors.
Is Fintech Scion's ROC (Joel Greenblatt) % too high?
Fintech Scion's current ROC (Joel Greenblatt) % is -2,337.50%.
How does Fintech Scion's ROC (Joel Greenblatt) % compare to UBXG and ARAT?
Fintech Scion's ROC (Joel Greenblatt) % of -2,337.50% can be compared against companies in the Software industry. The industry median ROC (Joel Greenblatt) % is 19.62. 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 19.62, based on 2,807 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 Fintech Scion and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fintech Scion's current ROC (Joel Greenblatt) % is -2,337.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fintech Scion stock overvalued right now?
Fintech Scion (FINR) has a current ROC (Joel Greenblatt) % of -2,337.50%. The current ROC (Joel Greenblatt) % is -2,337.50%. 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 Fintech Scion (FINR), the current ROC (Joel Greenblatt) % is -2,337.50% as of Sep. 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.

Fintech Scion Business Description

Address Portman House, 2 Portman Street, London, GBR, W1H 6DU
Fintech Scion Ltd is a fintech enterprise poised to revolutionize the financial landscape through its digital Banking-as-a-Service (BaaS) platform. Its mission is to empower merchants by furnishing them with an integrated suite of tools, skills, and solutions that streamline payment services, unlocking a realm of secure, online, and fully managed transactions and settlements. Its cutting-edge payments platform boasts a comprehensive suite of integrated payment products and services tailored to various channels be it in-store, online, or through mobile and tablet interfaces. This suite encompasses end-to-end payment processing for an array of payment types, merchant acquiring and issuing, diverse methods of mobile and contactless payments, and QR code-based solutions.