MCLWF (mCloud Technologies) ROC (Joel Greenblatt) %: -458.84% (As of Sep. 2022)

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MCLWF mCloud Technologies Corp MCLWF
12 GF Score
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What is mCloud Technologies ROC (Joel Greenblatt) %?

mCloud Technologies MCLWF 12 ROC (Joel Greenblatt) % is -458.84% as of Sep. 2022. GuruFocus rates MCLWF with a GF Score™ of 12/100. The stock has 5 warning signs investors should review.

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. mCloud Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -458.84%.

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

MCLWF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -25788   Med: -851.6   Max: -31.52
Current: -731.27

During the past 11 years, mCloud Technologies's highest ROC (Joel Greenblatt) % was -31.52%. The lowest was -25788.00%. And the median was -851.60%.

MCLWF's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 20.81 vs MCLWF: -731.27

mCloud Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 32.80% per year.


mCloud Technologies  (OTCPK:MCLWF) 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.


mCloud Technologies ROC (Joel Greenblatt) % Related Terms


mCloud Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for mCloud Technologies'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.

mCloud Technologies ROC (Joel Greenblatt) % Chart

mCloud Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25,245.00 -7,941.33 -1,048.24 -665.75 -1,372.16

mCloud Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -1,447.38 -1,540.83 -858.57 -537.14 -458.84

MCLWF vs CRM, INTU, NOW: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, mCloud Technologies'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.


mCloud Technologies ROC (Joel Greenblatt) % vs Software Industry

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

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


MCLWF
12GF Score
mCloud Technologies Corp MCLWF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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mCloud Technologies 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.007 + 0 + 2.093) - (13.567 + 3.759 + 2.356)
=-8.582

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.679 + 0 + 1.872) - (10.286 + 1.492 + 0.63)
=-8.857

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of mCloud Technologies for the quarter that ended in Sep. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-23.44/( ( (6.105 + max(-8.582, 0)) + (4.112 + max(-8.857, 0)) )/ 2 )
=-23.44/( ( 6.105 + 4.112 )/ 2 )
=-23.44/5.1085
=-458.84 %

Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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.

What does a ROC (Joel Greenblatt) % of -458.84% mean?
mCloud Technologies (MCLWF) has a ROC (Joel Greenblatt) % of -458.84% as of Sep. 2022. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on mCloud Technologies and its competitors.
Is mCloud Technologies' ROC (Joel Greenblatt) % too high?
mCloud Technologies' current ROC (Joel Greenblatt) % is -458.84%. Overall, mCloud Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does mCloud Technologies' ROC (Joel Greenblatt) % compare to CRM and INTU?
mCloud Technologies' ROC (Joel Greenblatt) % of -458.84% can be compared against companies in the Software industry. The industry median ROC (Joel Greenblatt) % is 20.81. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.81, based on 2,812 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on mCloud Technologies and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. mCloud Technologies's current ROC (Joel Greenblatt) % is -458.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is mCloud Technologies stock overvalued right now?
mCloud Technologies (MCLWF) has a current ROC (Joel Greenblatt) % of -458.84%. The current ROC (Joel Greenblatt) % is -458.84%. mCloud Technologies' overall GF Score™ is 12/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For mCloud Technologies (MCLWF), the current ROC (Joel Greenblatt) % is -458.84% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

mCloud Technologies Business Description

Address 550-510 Burrard Street, Vancouver, BC, CAN, V6C 3A8
mCloud Technologies Corp is a software company. It provides AssetCare solutions that are engineered to solve customer hardest asset management challenges with solutions for Energy Management, O&M Excellence, Wind Turbine Management, and Fugitive Emissions. AssetCare is mCloud's portfolio of cloud-powered asset performance management solutions, enabling to identify, act, and track actions improving how the customer operates every asset in organization.
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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