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KPIFF (Edgewater Wireless Systems) ROC (Joel Greenblatt) % : -4,278.26% (As of Jul. 2024)


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What is Edgewater Wireless Systems 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. Edgewater Wireless Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -4,278.26%.

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

KPIFF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -15714.81   Med: -9583.77   Max: -314.81
Current: -730.09

During the past 13 years, Edgewater Wireless Systems's highest ROC (Joel Greenblatt) % was -314.81%. The lowest was -15714.81%. And the median was -9583.77%.

KPIFF's ROC (Joel Greenblatt) % is ranked worse than
97.76% of 2452 companies
in the Hardware industry
Industry Median: 9.67 vs KPIFF: -730.09

Edgewater Wireless Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 48.70% per year.


Edgewater Wireless Systems ROC (Joel Greenblatt) % Historical Data

The historical data trend for Edgewater Wireless Systems'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.

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Edgewater Wireless Systems ROC (Joel Greenblatt) % Chart

Edgewater Wireless Systems Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9,924.14 -10,890.91 -3,720.00 -1,674.29 -310.00

Edgewater Wireless Systems Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -1,050.98 -4,472.73 -1,533.33 8,744.83 -4,278.26

Competitive Comparison of Edgewater Wireless Systems's ROC (Joel Greenblatt) %

For the Communication Equipment subindustry, Edgewater Wireless Systems'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.


Edgewater Wireless Systems's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Edgewater Wireless Systems's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Edgewater Wireless Systems 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: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.109) - (1.007 + 0.184 + 0.025)
=-1.107

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.111) - (1.06 + 0.184 + 0.024)
=-1.157

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Edgewater Wireless Systems for the quarter that ended in Jul. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.492/( ( (0.013 + max(-1.107, 0)) + (0.01 + max(-1.157, 0)) )/ 2 )
=-0.492/( ( 0.013 + 0.01 )/ 2 )
=-0.492/0.0115
=-4,278.26 %

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


Edgewater Wireless Systems  (OTCPK:KPIFF) 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.


Edgewater Wireless Systems ROC (Joel Greenblatt) % Related Terms

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Edgewater Wireless Systems Business Description

Traded in Other Exchanges
Address
11 Hines Road, Suite 202, Kanata, ON, CAN, K2K 2X1
Edgewater Wireless Systems Inc is engaged in developing and commercializing edge technologies and intellectual property for the communications market. The company is into Spectrum Slicing technology for residential and commercial markets. The company develops Wi-Fi silicon solutions, Access Points, and IP licensing designed to meet the high-density and Edgewater wireless partners. The company derives all of its revenues from a single product segment comprised of silicon solutions, wireless access points, associated peripherals and support services.

Edgewater Wireless Systems Headlines