GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CD Projekt SA (OTCPK:OTGLF) » Definitions » ROC (Joel Greenblatt) %

OTGLF (CD Projekt) ROC (Joel Greenblatt) % : 162.39% (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is CD Projekt 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. CD Projekt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 162.39%.

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

OTGLF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 20.78   Med: 295.44   Max: 1616.85
Current: 184.11

During the past 13 years, CD Projekt's highest ROC (Joel Greenblatt) % was 1616.85%. The lowest was 20.78%. And the median was 295.44%.

OTGLF's ROC (Joel Greenblatt) % is ranked better than
78.05% of 565 companies
in the Interactive Media industry
Industry Median: 7.98 vs OTGLF: 184.11

CD Projekt's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.50% per year.


CD Projekt ROC (Joel Greenblatt) % Historical Data

The historical data trend for CD Projekt'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.

CD Projekt ROC (Joel Greenblatt) % Chart

CD Projekt Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 296.52 259.45 48.62 294.34 279.13

CD Projekt Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 364.28 258.71 177.87 148.59 162.39

Competitive Comparison of CD Projekt's ROC (Joel Greenblatt) %

For the Electronic Gaming & Multimedia subindustry, CD Projekt'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.


CD Projekt's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CD Projekt's ROC (Joel Greenblatt) % distribution charts can be found below:

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



CD Projekt 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.663 + 0.817 + 9.968) - (14.664 + 0 + 19.746)
=-2.962

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.149 + 0.8 + 8.093) - (15.08 + 0 + 24.666)
=-10.704

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CD Projekt 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: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=91.196/( ( (53.743 + max(-2.962, 0)) + (58.575 + max(-10.704, 0)) )/ 2 )
=91.196/( ( 53.743 + 58.575 )/ 2 )
=91.196/56.159
=162.39 %

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


CD Projekt  (OTCPK:OTGLF) 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.


CD Projekt ROC (Joel Greenblatt) % Related Terms

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


CD Projekt Business Description

Traded in Other Exchanges
Address
ul. Jagiellonska 74, Building E, Warsaw, POL, 03-301
CD Projekt SA is the holding company of CD Projekt capital group. The firm with its subsidiary develops and publishes videogames for hardware platforms such as Steam, PlayStation Store, Xbox Games Store, Nintendo, App Store, Humble Bundle, Origin, and its own proprietary GOG.com platform. It is also involved in global digital videogame distribution. The firm has CD Projekt Red and GOG.com segments. It derives the majority of its revenues from CD Projekt Red segment.

CD Projekt Headlines

From GuruFocus

Q1 2021 CD Projekt SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

CD Projekt SA Investor Day Transcript

By GuruFocus Research 02-14-2024

Half Year 2022 CD Projekt SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

CD Projekt SA Strategy Update Transcript

By GuruFocus Research 02-14-2024

Q3 2022 CD Projekt SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2021 CD Projekt SA Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2024 CD Projekt SA Earnings Call Transcript

By GuruFocus News 11-27-2024

Q3 2020 CD Projekt SA Earnings Call Transcript

By GuruFocus Research 02-14-2024