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Hub Cyber Security (Hub Cyber Security) ROC (Joel Greenblatt) % : -1,655.80% (As of Jun. 2023)


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What is Hub Cyber Security 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. Hub Cyber Security's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -1,655.80%.

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

HUBC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1047.36   Med: -82.92   Max: -13.46
Current: -1047.36

During the past 5 years, Hub Cyber Security's highest ROC (Joel Greenblatt) % was -13.46%. The lowest was -1047.36%. And the median was -82.92%.

HUBC's ROC (Joel Greenblatt) % is ranked worse than
89.57% of 2762 companies
in the Software industry
Industry Median: 14.035 vs HUBC: -1047.36

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


Hub Cyber Security ROC (Joel Greenblatt) % Historical Data

The historical data trend for Hub Cyber Security'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.

Hub Cyber Security ROC (Joel Greenblatt) % Chart

Hub Cyber Security Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
- -13.46 -43.75 -122.08 -545.91

Hub Cyber Security Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only -517.91 -134.10 -197.98 -851.47 -1,655.80

Competitive Comparison of Hub Cyber Security's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, Hub Cyber Security'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.


Hub Cyber Security's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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



Hub Cyber Security 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: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.057 + 1.9 + 3.247) - (39.093 + 0 + 3.839)
=-13.728

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.926 + 0.904 + 5.506) - (37.893 + 0 + 4.978)
=-22.535

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hub Cyber Security for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-122.546/( ( (7.821 + max(-13.728, 0)) + (6.981 + max(-22.535, 0)) )/ 2 )
=-122.546/( ( 7.821 + 6.981 )/ 2 )
=-122.546/7.401
=-1,655.80 %

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) 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.


Hub Cyber Security  (NAS:HUBC) 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.


Hub Cyber Security ROC (Joel Greenblatt) % Related Terms

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Hub Cyber Security (Hub Cyber Security) Business Description

Traded in Other Exchanges
N/A
Address
17 Rothschild Boulevard, Tel Aviv, ISR, 6688120
Hub Cyber Security Ltd is engaged in the development of cyber products, software and quality systems, reliability, and risk management. It operates in several countries and provides cybersecurity computing appliances as well as a wide range of cybersecurity professional services.

Hub Cyber Security (Hub Cyber Security) Headlines

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