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Informatica (FRA:INZ) ROC (Joel Greenblatt) % : 83.60% (As of Jun. 2015)


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What is Informatica 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. Informatica's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2015 was 83.60%.

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

FRA:INZ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 93.26   Med: 419.25   Max: 1435.51
Current: 104.47

During the past 13 years, Informatica's highest ROC (Joel Greenblatt) % was 1435.51%. The lowest was 93.26%. And the median was 419.25%.

FRA:INZ's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 14.37 vs FRA:INZ: 104.47

Informatica's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -46.70% per year.


Informatica ROC (Joel Greenblatt) % Historical Data

The historical data trend for Informatica'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.

Informatica ROC (Joel Greenblatt) % Chart

Informatica Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,497.19 1,306.17 171.27 91.33 113.36

Informatica Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 88.10 88.17 163.62 90.50 83.60

Competitive Comparison of Informatica's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Informatica'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.


Informatica's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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



Informatica 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: Mar. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(151.738 + 0 + 71.386) - (109.664 + 303.078 + 5.6843418860808E-14)
=-189.618

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(167.962 + 0 + 78.014) - (126.798 + 295.509 + 0)
=-176.331

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Informatica for the quarter that ended in Jun. 2015 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2015  Q: Jun. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=116.932/( ( (143.866 + max(-189.618, 0)) + (135.884 + max(-176.331, 0)) )/ 2 )
=116.932/( ( 143.866 + 135.884 )/ 2 )
=116.932/139.875
=83.60 %

Note: The EBIT data used here is four times the quarterly (Jun. 2015) 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.


Informatica  (FRA:INZ) 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.


Informatica ROC (Joel Greenblatt) % Related Terms

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Informatica (FRA:INZ) Business Description

Traded in Other Exchanges
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Address
Informatica Corp was incorporated in California in February 1993 and reincorporated in Delaware in April 1999. The Company is a provider of enterprise data integration and data quality software and services. The Company handles a variety of complex enterprise-wide data integration initiatives, including data warehousing, data migration, data synchronization, data quality, data services, cross-enterprise data exchange and integration competency centers. The following products are included in the Informatica Platform: Informatica PowerCenter, Informatica PowerExchange, Informatica Data Services, Informatica Data Quality, Informatica Master Data Management, Informatica B2B Data Exchange, Informatica Application Information Lifecycle Management, Informatica Data Replication, Informatica Complex Event Processing, Informatica Complex Event Processing, Informatica Ultra Messaging, Informatica Cloud Data Integration, and Informatica Cloud Services. Informatica PowerExchange is a family of data access products that enable IT organizations to access virtually all sources of enterprise data without having to develop custom data access programs. Informatica Data Services makes provisioning - finding, integrating, and managing - data across the enterprise fast, easy, and cost-effective. Informatica Data Quality delivers data quality to stakeholders, projects, and data domains, on premise or in the cloud. Informatica Master Data Management delivers business-critical data to improve business operations. Informatica B2B Data Exchange is software for multi-enterprise data integration. It adds secured communication, management, and monitoring capabilities to handle data from internal and external sources. Informatica B2B Data Exchange is software for multi-enterprise data integration. It also provides a variety of other data integration software solutions, including Informatica Complex Event Processing, Informatica Data Replication, Informatica Data Services, Informatica Procurement, Informatica Ultra Messaging and Informatica Vibe Data Stream. The Company competes with large vendors of data integration software products such as IBM, Microsoft, Oracle, SAP, and SAS Institute & certain privately held companies.

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