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PensionBee Group (LSE:PBEE) ROC (Joel Greenblatt) % : 108.87% (As of Dec. 2024)


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What is PensionBee 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. PensionBee Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 108.87%.

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

LSE:PBEE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4163.07   Med: -2327.24   Max: -174.8
Current: -176.93

During the past 7 years, PensionBee Group's highest ROC (Joel Greenblatt) % was -174.80%. The lowest was -4163.07%. And the median was -2327.24%.

LSE:PBEE's ROC (Joel Greenblatt) % is ranked worse than
89.25% of 651 companies
in the Capital Markets industry
Industry Median: 48.37 vs LSE:PBEE: -176.93

PensionBee Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 43.50% per year.


PensionBee Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for PensionBee 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.

PensionBee Group ROC (Joel Greenblatt) % Chart

PensionBee Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -3,376.44 -4,163.07 -1,667.21 -436.93 -174.80

PensionBee Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -772.96 -1,163.79 -138.18 -315.04 108.87

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

For the Capital Markets subindustry, PensionBee 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.


PensionBee Group's ROC (Joel Greenblatt) % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PensionBee Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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PensionBee 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)
=(2.579 + 0 + 2.202) - (0.928 + 0 + 2.752)
=1.101

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.037 + 0 + 2.105) - (0.188 + 0 + 6.388)
=-1.434

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.234/( ( (0.62 + max(1.101, 0)) + (0.546 + max(-1.434, 0)) )/ 2 )
=1.234/( ( 1.721 + 0.546 )/ 2 )
=1.234/1.1335
=108.87 %

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


PensionBee Group  (LSE:PBEE) 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.


PensionBee Group ROC (Joel Greenblatt) % Related Terms

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PensionBee Group Business Description

Traded in Other Exchanges
Address
209 Blackfriars Road, London, GBR, SE1 8NL
PensionBee Group PLC is engaged in the provision of direct-to-consumer online pensions. The company helps its customers combine their old pension pots, make flexible contributions, invest in line with their goals and values, and make withdrawals after attaining a certain age. It offers a range of investment plans, including fossil fuel-free and impact investing options, from various asset managers. The firm generates a vast majority of its revenue in the form of fees it charges for fund administration. These fees are earned for administering the customer pension schemes and are charged based on a fixed percentage of the value of a customer's assets held by the pension scheme. It operates in a single geographical location, being the United Kingdom.

PensionBee Group Headlines

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