FUNFF (Fansunite Entertainment) ROC (Joel Greenblatt) %: -65.20% (As of Jun. 2024)


What is Fansunite Entertainment ROC (Joel Greenblatt) %?

Fansunite Entertainment FUNFF -12.50% ROC (Joel Greenblatt) % is -65.20% as of Jun. 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. Fansunite Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -65.20%.

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

FUNFF's ROC (Joel Greenblatt) % is not ranked *
in the Travel & Leisure industry.
Industry Median: 10
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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

Fansunite Entertainment  (OTCPK:FUNFF) 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.

Fansunite Entertainment ROC (Joel Greenblatt) % Related Terms

Fansunite Entertainment ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Fansunite Entertainment'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.

Fansunite Entertainment ROC (Joel Greenblatt) % Chart

Fansunite Entertainment Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -72,500.00 -98,754.55 -18,331.13 -13,131.69 -7,304.50

Fansunite Entertainment Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1,630.51 -7,885.07 -15,121.68 -11,081.86 -65.20

FUNFF vs LUXH, NNAX, FLUT: ROC (Joel Greenblatt) % Comparison

For the Gambling subindustry, Fansunite Entertainment'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.

Fansunite Entertainment ROC (Joel Greenblatt) % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fansunite Entertainment's ROC (Joel Greenblatt) % distribution charts can be found below:

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


Fansunite Entertainment 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.688 + 0 + 0.078) - (5.493 + 11.684 + 0)
=-12.411

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 31.079) - (2.4 + 0 + 13.706)
=14.973

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Fansunite Entertainment for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.916/( ( (0.107 + max(-12.411, 0)) + (0 + max(14.973, 0)) )/ 2 )
=-4.916/( ( 0.107 + 14.973 )/ 2 )
=-4.916/7.54
=-65.20 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 -65.20% mean?
Fansunite Entertainment (FUNFF) has a ROC (Joel Greenblatt) % of -65.20% as of Jun. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fansunite Entertainment and its competitors.
Is Fansunite Entertainment's ROC (Joel Greenblatt) % too high?
Fansunite Entertainment's current ROC (Joel Greenblatt) % is -65.20%.
How does Fansunite Entertainment's ROC (Joel Greenblatt) % compare to LUXH and NNAX?
Fansunite Entertainment's ROC (Joel Greenblatt) % of -65.20% can be compared against companies in the Travel & Leisure industry. The industry median ROC (Joel Greenblatt) % is 10.00. 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.00, based on 847 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 Fansunite Entertainment and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fansunite Entertainment's current ROC (Joel Greenblatt) % is -65.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fansunite Entertainment stock overvalued right now?
Fansunite Entertainment (FUNFF) has a current ROC (Joel Greenblatt) % of -65.20%. The current ROC (Joel Greenblatt) % is -65.20%. 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 Fansunite Entertainment (FUNFF), the current ROC (Joel Greenblatt) % is -65.20% as of Jun. 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.

Fansunite Entertainment Business Description

Address 1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4T8
Fansunite Entertainment Inc is a sports and entertainment company that focuses on services related to regulated and lawful online sports betting, casino, and other related products. Also, the company provides technology solutions and services in the gaming and entertainment industries.