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NPACY (Quadient) ROC (Joel Greenblatt) % : 38.64% (As of Jul. 2024)


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What is Quadient 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. Quadient's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was 38.64%.

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

NPACY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 21.71   Med: 57.51   Max: 146.53
Current: 48.71

During the past 13 years, Quadient's highest ROC (Joel Greenblatt) % was 146.53%. The lowest was 21.71%. And the median was 57.51%.

NPACY's ROC (Joel Greenblatt) % is ranked better than
63.05% of 2744 companies
in the Software industry
Industry Median: 17.535 vs NPACY: 48.71

Quadient's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.30% per year.


Quadient ROC (Joel Greenblatt) % Historical Data

The historical data trend for Quadient'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.

Quadient ROC (Joel Greenblatt) % Chart

Quadient Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.84 31.23 42.04 21.14 57.50

Quadient Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 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 35.70 3.06 44.89 59.40 38.64

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

For the Software - Application subindustry, Quadient'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.


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

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

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



Quadient 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: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(248.148 + 73.312 + 353.92) - (135.294 + 0 + 458.17)
=81.916

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(208.894 + 76.681 + 337.527) - (111.388 + 0 + 423.753)
=87.961

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Quadient 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: Jan. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=96.964/( ( (164.27 + max(81.916, 0)) + (167.679 + max(87.961, 0)) )/ 2 )
=96.964/( ( 246.186 + 255.64 )/ 2 )
=96.964/250.913
=38.64 %

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


Quadient  (OTCPK:NPACY) 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.


Quadient ROC (Joel Greenblatt) % Related Terms

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Quadient Business Description

Industry
Traded in Other Exchanges
Address
42-46, Avenue Aristide Briand, Bagneux, FRA, 92220
Quadient SA is a France-based company engaged in providing business services to its clients. three reportable segments compose its solutions: mail-related solutions, Intelligent Communication Automation, and parcel locker solutions. The company provides solutions to various industries including financial services, insurance, and print providers, among others. Over half of the company's revenue is from the North American market and about one-third from the main European countries. Mail-related solutions account for the majority of Quadient's revenue.

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