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LFST (LifeStance Health Group) ROC (Joel Greenblatt) % : 0.04% (As of Sep. 2024)


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What is LifeStance Health Group 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. LifeStance Health Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.04%.

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

LFST' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -278.08   Med: -63.62   Max: 59.23
Current: -17.58

During the past 5 years, LifeStance Health Group's highest ROC (Joel Greenblatt) % was 59.23%. The lowest was -278.08%. And the median was -63.62%.

LFST's ROC (Joel Greenblatt) % is ranked worse than
70.76% of 667 companies
in the Healthcare Providers & Services industry
Industry Median: 10.01 vs LFST: -17.58

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


LifeStance Health Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for LifeStance Health Group'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.

LifeStance Health Group ROC (Joel Greenblatt) % Chart

LifeStance Health Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
59.23 - -278.08 -77.97 -49.26

LifeStance Health Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -72.21 -34.66 -15.94 -18.32 0.04

Competitive Comparison of LifeStance Health Group's ROC (Joel Greenblatt) %

For the Medical Care Facilities subindustry, LifeStance Health Group'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.


LifeStance Health Group's ROC (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LifeStance Health Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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



LifeStance Health Group 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: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(167.22 + 0 + 23.559) - (171.039 + 0 + 7.433)
=12.307

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(158.161 + 0 + 26.244) - (162.431 + 0 + 6.124)
=15.85

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of LifeStance Health Group for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.124/( ( (336.155 + max(12.307, 0)) + (324.809 + max(15.85, 0)) )/ 2 )
=0.124/( ( 348.462 + 340.659 )/ 2 )
=0.124/344.5605
=0.04 %

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


LifeStance Health Group  (NAS:LFST) 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.


LifeStance Health Group ROC (Joel Greenblatt) % Related Terms

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


LifeStance Health Group Business Description

Traded in Other Exchanges
N/A
Address
4800 North Scottsdale Road, Suite 6000, Scottsdale, AZ, USA, AZ 85251
LifeStance Health Group Inc is a mental healthcare company focused on providing evidence-based, medically driven treatment services for children, adolescents, and adults suffering from a variety of mental health issues in an outpatient care setting, both in-person and through its digital health telemedicine offering.
Executives
Robert Bessler director 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Ann Varanakis officer: Chief People Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Danish J. Qureshi officer: Chief Growth Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Ryan Pardo officer: See Remarks 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Kevin Michael Mullins officer: Chief Development Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Jeffrey Crisan director C/O BAIN CAPITAL VENTURE PARTNERS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON, MA MA 02116
Darren M. Black director, 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Summit Partners Growth Equity Fund Ix-b, L.p. 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Silversmith Partners I Gp, Llc 10 percent owner 116 HUNTINGTON AVE, 15TH FLOOR, BOSTON MA 02116
Summit Partners L P other: Manager of GP of 10% owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Paula Cipollone officer: See Remarks 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Pablo Pantaleoni officer: Chief Digital Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Kenneth A Burdick director, officer: Chief Executive Officer 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
David Bourdon officer: Chief Financial Officer 6303 COWBOYS WAY, SUITE 350, FRISCO TX 75034