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Dynacons Systems & Solutions (NSE:DSSL) ROC (Joel Greenblatt) % : 59.69% (As of Dec. 2024)


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What is Dynacons Systems & Solutions 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. Dynacons Systems & Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 59.69%.

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

NSE:DSSL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.38   Med: 20.07   Max: 57.85
Current: 57.85

During the past 13 years, Dynacons Systems & Solutions's highest ROC (Joel Greenblatt) % was 57.85%. The lowest was 11.38%. And the median was 20.07%.

NSE:DSSL's ROC (Joel Greenblatt) % is ranked better than
64.66% of 2770 companies
in the Software industry
Industry Median: 18.235 vs NSE:DSSL: 57.85

Dynacons Systems & Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 18.10% per year.


Dynacons Systems & Solutions ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dynacons Systems & Solutions'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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Dynacons Systems & Solutions ROC (Joel Greenblatt) % Chart

Dynacons Systems & Solutions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.25 22.23 26.82 35.62 43.71

Dynacons Systems & Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 58.13 41.03 53.95 54.74 59.69

Competitive Comparison of Dynacons Systems & Solutions's ROC (Joel Greenblatt) %

For the Information Technology Services subindustry, Dynacons Systems & Solutions'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.


Dynacons Systems & Solutions's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

* The bar in red indicates where Dynacons Systems & Solutions's ROC (Joel Greenblatt) % falls into.


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Dynacons Systems & Solutions 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3995.042 + 336.375 + 49.276) - (2750.417 + 0 + 130.428)
=1499.848

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

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dynacons Systems & Solutions 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: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1123.924/( ( (383.14 + max(1499.848, 0)) + (0 + max(0, 0)) )/ 1 )
=1123.924/( ( 1882.988 + 0 )/ 1 )
=1123.924/1882.988
=59.69 %

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


Dynacons Systems & Solutions  (NSE:DSSL) 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.


Dynacons Systems & Solutions ROC (Joel Greenblatt) % Related Terms

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Dynacons Systems & Solutions Business Description

Traded in Other Exchanges
Address
Subhash Road, 3rd Floor, A Wing, Sunteck Centre, Near Garware Chowk, Vile Parle East, Mumbai, MH, IND, 400 057
Dynacons Systems & Solutions Ltd is an India-based IT company providing end-to-end technology services. It operates in two segments: System Integration and Services, and Technology Workforce Augmentation. The company's offerings include enterprise IT and office automation services such as IT infrastructure managed services, break-fix services, managed print services, cloud computing, system integration, and application development and maintenance. It also provides IT infrastructure design, consulting, and turnkey systems integration of large networks and data centers. The majority of its revenue is generated from India.

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