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NTELOS Holdings (NTELOS Holdings) ROC (Joel Greenblatt) % : -8.23% (As of Dec. 2015)


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What is NTELOS Holdings 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. NTELOS Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2015 was -8.23%.

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

NTLS's ROC (Joel Greenblatt) % is not ranked *
in the Telecommunication Services industry.
Industry Median: 14.8
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


NTELOS Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for NTELOS Holdings'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.

NTELOS Holdings ROC (Joel Greenblatt) % Chart

NTELOS Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.06 17.53 22.44 -16.93 10.20

NTELOS Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 7.23 42.57 12.03 -5.36 -8.23

Competitive Comparison of NTELOS Holdings's ROC (Joel Greenblatt) %

For the Telecom Services subindustry, NTELOS Holdings'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.


NTELOS Holdings's ROC (Joel Greenblatt) % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NTELOS Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



NTELOS Holdings 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. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52.508 + 12.464 + 37.579) - (28.181 + 13.37 + 13.38)
=47.62

Working Capital(Q: Dec. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.021 + 13.345 + 12.603) - (29.863 + 12.772 + 21.726)
=14.608

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of NTELOS Holdings for the quarter that ended in Dec. 2015 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2015  Q: Dec. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-29.236/( ( (321.673 + max(47.62, 0)) + (326.26 + max(14.608, 0)) )/ 2 )
=-29.236/( ( 369.293 + 340.868 )/ 2 )
=-29.236/355.0805
=-8.23 %

Note: The EBIT data used here is four times the quarterly (Dec. 2015) 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.


NTELOS Holdings  (NAS:NTLS) 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.


NTELOS Holdings ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of NTELOS Holdings's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


NTELOS Holdings (NTELOS Holdings) Business Description

Traded in Other Exchanges
N/A
Address
NTELOS Holdings Corp was incorporated on January 14, 2005. The Company is a provider of digital wireless communications services to consumers and businesses in Virginia and West Virginia, as well as parts of Maryland, North Carolina, Pennsylvania, Ohio and Kentucky. It offers wireless voice and CDMA digital data PCS products and services to retail and business customers under the NTELOS Wireless and FRAWG Wireless brand names. It conducts its businesses through NTELOS-branded retail operations, which sells its products and services via direct and indirect distribution channels, and provides network access to other telecommunications carriers through an arrangement with Sprint Spectrum L.P. The Company currently offers 20 devices across 13 brands, including Apple iPhone, Motorola, LG, Samsung and HTC products, and offers its customers smartphone operating systems such as Android and iOS. All devices are available for both postpay and prepay/no-contract services. Its customer service is supported by three regional call centers, 61 company-operated direct retail locations, 384 indirect retail distribution locations, and an additional 459 third-party payment centers. It also markets FRAWG Wireless, a no contract service intended to attract consumers who choose a prepay service option. In the postpay market, the Company competes with AT&T, Sprint, Verizon, T-Mobile and U.S. Cellular, as well as a number of reseller/affiliates of some or all of these companies. In the prepay wireless service, it competes with Boost, Straight Talk, Virgin Mobile, TracFone, Simple Mobile and Net10. The Company's communications and wireless operations are subject to various federal, state laws, and local regulation intended to protect the privacy of customers who subscribe to its services.
Executives
Daniel Heneghan director
Rodney D Dir director, officer: Chief Executive Officer C/O NTELOS HOLDINGS CORP., 1154 SHENANDOAH VILLAGE DRIVE, WAYNESBORO VA 22980
Quadrangle Select Partners Ii L P 10 percent owner 375 PARK AVE, NEW YORK NY 10152
Quadrangle Capital Partners Ii-a L P 10 percent owner 375 PARK AVE, NEW YORK NY 10152
Quadrangle Gp Investors Ii Lp 10 percent owner C/O QUADRANGLE GROUP LLC, 375 PARK AVENUE, NEW YORK NY 10152
Qcp Gp Investors Ii Llc 10 percent owner C/O QUADRANGLE GROUP LLC, 1271 AVENUE OF THE AMERICAS, SUITE 43A, NEW YORK NY 10020
Hunter Conrad officer: EVP, Chief Operating Officer 1901 N. ROSELLE ROAD, SUITE 500, SCHAUMBURG IL 60195
Alfheidur Saemundsson director C/O DAVIS POLK & WARDWELL LLP, 450 LEXINGTON AVE, NEW YORK NY 10017
Jerry Elliott director
Robert E Guth director 750 THIRD AVENUE NEW YORK NY 10017
Jerry E Vaughn director US UNWIRED INC 901 LAKESHORE DRIVE LAKE CHARLES LA 70601
Julia B North director 1170 PEACHTREE STR NE, SUITE 2300, ATLANTA GA 30309
Citigroup Inc director 388 GREENWICH STREET, NEW YORK NY 10013
Citicorp Banking Corp director ONE PENNS WAY, NEW CASTLE DE 19720
Court Square Capital Ltd director 399 PARK AVE, NEW YORK NY 10043