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Picturepost Studios (NSE:PPSL) ROC (Joel Greenblatt) % : 40.25% (As of Sep. 2024)


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What is Picturepost Studios 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. Picturepost Studios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 40.25%.

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

NSE:PPSL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.12   Med: 257.28   Max: 24100
Current: 20.12

During the past 3 years, Picturepost Studios's highest ROC (Joel Greenblatt) % was 24100.00%. The lowest was 20.12%. And the median was 257.28%.

NSE:PPSL's ROC (Joel Greenblatt) % is ranked better than
62.57% of 1042 companies
in the Media - Diversified industry
Industry Median: 7.79 vs NSE:PPSL: 20.12

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


Picturepost Studios ROC (Joel Greenblatt) % Historical Data

The historical data trend for Picturepost Studios'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.

Picturepost Studios ROC (Joel Greenblatt) % Chart

Picturepost Studios Annual Data
Trend Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
24,100.00 257.28 86.45

Picturepost Studios Semi-Annual Data
Mar22 Mar23 Mar24 Sep24
ROC (Joel Greenblatt) % - - - 40.25

Competitive Comparison of Picturepost Studios's ROC (Joel Greenblatt) %

For the Entertainment subindustry, Picturepost Studios'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.


Picturepost Studios's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Picturepost Studios's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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Picturepost Studios 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: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(74.698 + 0 + 16.653) - (48.431 + 0 + 10.51)
=32.41

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(129.548 + 0 + 49.041) - (67.455 + 0 + 8.358)
=102.776

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Picturepost Studios 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: Mar. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=69.686/( ( (68.836 + max(32.41, 0)) + (142.267 + max(102.776, 0)) )/ 2 )
=69.686/( ( 101.246 + 245.043 )/ 2 )
=69.686/173.1445
=40.25 %

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


Picturepost Studios  (NSE:PPSL) 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.


Picturepost Studios ROC (Joel Greenblatt) % Related Terms

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Picturepost Studios Business Description

Traded in Other Exchanges
N/A
Address
Junction of S.V. Road & 1st Road, 701, 7th Floor, Sapphire Building, Khar Colony, Khar West, Mumbai, MH, IND, 400052
Picturepost Studios Ltd is a creative and innovative post-production Company specializing in film editing, computer-generated imagery (CGI), visual effects (VFX), video conversion, grading, film and Commercial mastering of channels and digital platforms. It offers a wide range of services to cater to the diverse needs of the entertainment industry. It is one of the visual effects Company covering the entire spectrum of post-production requirements ranging from digital intermediates and visual effects to online editorials and operates as a studio, specializing in Films, Web series and advertisements, With a strong focus on high-end colour grading, motion design, visual effects, and online editing.

Picturepost Studios Headlines

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