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MPC Energy Solutions NV (FRA:5IX) ROC (Joel Greenblatt) % : -4.87% (As of Sep. 2024)


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What is MPC Energy Solutions NV 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. MPC Energy Solutions NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -4.87%.

The historical rank and industry rank for MPC Energy Solutions NV's ROC (Joel Greenblatt) % or its related term are showing as below:

FRA:5IX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -175.87   Med: -10.59   Max: -5.66
Current: -5.66

During the past 4 years, MPC Energy Solutions NV's highest ROC (Joel Greenblatt) % was -5.66%. The lowest was -175.87%. And the median was -10.59%.

FRA:5IX's ROC (Joel Greenblatt) % is ranked worse than
84.04% of 426 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.675 vs FRA:5IX: -5.66

MPC Energy Solutions NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


MPC Energy Solutions NV ROC (Joel Greenblatt) % Historical Data

The historical data trend for MPC Energy Solutions NV'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.

MPC Energy Solutions NV ROC (Joel Greenblatt) % Chart

MPC Energy Solutions NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- -176.71 -9.75 -10.13

MPC Energy Solutions NV Quarterly Data
Jun20 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 -7.40 -14.90 -2.53 -0.58 -4.87

Competitive Comparison of MPC Energy Solutions NV's ROC (Joel Greenblatt) %

For the Utilities - Renewable subindustry, MPC Energy Solutions NV'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.


MPC Energy Solutions NV's ROC (Joel Greenblatt) % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, MPC Energy Solutions NV's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where MPC Energy Solutions NV's ROC (Joel Greenblatt) % falls into.



MPC Energy Solutions NV 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)
=(5.475 + 0 + 3.498) - (4.582 + 0 + 0.225)
=4.166

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.266 + 0 + 3.275) - (3.358 + 0 + 0.35)
=3.833

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of MPC Energy Solutions NV 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 )
=-3.236/( ( (59.525 + max(4.166, 0)) + (65.302 + max(3.833, 0)) )/ 2 )
=-3.236/( ( 63.691 + 69.135 )/ 2 )
=-3.236/66.413
=-4.87 %

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.


MPC Energy Solutions NV  (FRA:5IX) 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.


MPC Energy Solutions NV ROC (Joel Greenblatt) % Related Terms

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MPC Energy Solutions NV Business Description

Traded in Other Exchanges
Address
Apollolaan 151, Unit 121, Amsterdam, NLD, 1077 AR
MPC Energy Solutions NV is a provider of sustainable energy and focuses on low-carbon energy infrastructure, including solar and wind assets, and other hybrid and energy efficiency solutions. It acts as an integrated independent power producer (IPP) focused on renewable energy and energy efficiency projects. It develops, builds, owns, and operates renewable energy assets, including utility-scale solar photovoltaics (PV) and onshore wind farms, energy efficiency solutions, and hybrid projects, combining renewable sources and storage technologies. Its objective is to build an operational asset base as a independent power producer (IPP) with a diversified portfolio and attractive returns.

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