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Janover (Janover) ROC (Joel Greenblatt) % : -3,039.02% (As of Dec. 2023)


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What is Janover 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. Janover's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3,039.02%.

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

JNVR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6341.18   Med: -2913.89   Max: 2065
Current: -2732.74

During the past 4 years, Janover's highest ROC (Joel Greenblatt) % was 2065.00%. The lowest was -6341.18%. And the median was -2913.89%.

JNVR's ROC (Joel Greenblatt) % is ranked worse than
94.13% of 2762 companies
in the Software industry
Industry Median: 13.21 vs JNVR: -2732.74

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


Janover ROC (Joel Greenblatt) % Historical Data

The historical data trend for Janover'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.

Janover ROC (Joel Greenblatt) % Chart

Janover Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
2,065.00 -6,341.18 -2,439.72 -3,388.06

Janover Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -600.83 -1,053.85 -1,063.78 -4,046.91 -3,039.02

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

For the Software - Infrastructure subindustry, Janover'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.


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

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

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



Janover 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.128 + 0 + 0.191) - (0.166 + 0 + 0)
=0.153

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.086 + 0 + 0.13) - (0.539 + 0.083 + 0)
=-0.406

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Janover for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.984/( ( (0.084 + max(0.153, 0)) + (0.091 + max(-0.406, 0)) )/ 2 )
=-4.984/( ( 0.237 + 0.091 )/ 2 )
=-4.984/0.164
=-3,039.02 %

Note: The EBIT data used here is four times the quarterly (Dec. 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.


Janover  (NAS:JNVR) 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.


Janover ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Janover's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Janover (Janover) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6401 Congress Avenue, Suite 250, Boca Raton, FL, USA, 33487
Janover Inc is a B2B fintech marketplace providing a platform for commercial property borrowers and lenders. It provides a technology platform that connects commercial mortgage borrowers looking for debt to refinance, build, or buy commercial property including apartment buildings to commercial property lenders including banks, credit unions, REITs, debt funds, and more looking to deploy capital into commercial mortgages. The firm caters to two consumer segments: lenders and borrowers. It derives the majority of its revenue from transaction fees.
Executives
Marcelo Lemos director 6401 CONGRESS AVE, STE 250, BOCA RATON FL 33487
Blake Janover director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 6401 CONGRESS AVE, STE 250, BOCA RATON FL 33487
Bruce S Rosenbloom officer: CHIEF FINANCIAL OFFICER 6401 CONGRESS AVENUE, SUITE 250, BOCA RATON FL 33487
Samuel Drayton Haskell director 6401 CONGRESS AVE, STE 250, BOCA RATON FL 33487
William J Caragol director 1690 SOUTH CONGRESS AVENUE, SUITE 200, DELRAY BEACH FL 33445
Ned L Siegel director 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Patrick Stinus officer: Sr. VP and Interim CFO 6401 CONGRESS AVE, STE 250, BOCA RATON FL 33487