PAEGF (Peace Arch Entertainment Group) ROC (Joel Greenblatt) %: -65.44% (As of May. 2008)

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What is Peace Arch Entertainment Group ROC (Joel Greenblatt) %?

Peace Arch Entertainment Group PAEGF -99.90% ROC (Joel Greenblatt) % is -65.44% as of May. 2008.

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. Peace Arch Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2008 was -65.44%.

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

PAEGF's ROC (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 9.685
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Peace Arch Entertainment Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Peace Arch Entertainment Group  (OTCPK:PAEGF) 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.


Peace Arch Entertainment Group ROC (Joel Greenblatt) % Related Terms


Peace Arch Entertainment Group ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Peace Arch Entertainment Group'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.

Peace Arch Entertainment Group ROC (Joel Greenblatt) % Chart

Peace Arch Entertainment Group Annual Data
Trend Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.23 -8.22 -14.28 354.13 707.82

Peace Arch Entertainment Group Quarterly Data
Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
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 126.91 1,906.23 -2.28 -0.75 -65.44

PAEGF vs PTSX, ASKH, CRCO: ROC (Joel Greenblatt) % Comparison

For the Entertainment subindustry, Peace Arch Entertainment Group'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.


Peace Arch Entertainment Group ROC (Joel Greenblatt) % vs Media - Diversified Industry

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

* The bar in red indicates where Peace Arch Entertainment Group's ROC (Joel Greenblatt) % falls into.



Peace Arch Entertainment Group 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: Feb. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(57.07 + 3.232 + 0.964) - (39.354 + 4.353 + -0.00099999999997635)
=17.56

Working Capital(Q: May. 2008 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63.436 + 3.933 + 0.77600000000001) - (41.891 + 0 + 7.105427357601E-15)
=26.254

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Peace Arch Entertainment Group for the quarter that ended in May. 2008 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2008 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2008  Q: May. 2008
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18.176/( ( (5.907 + max(17.56, 0)) + (5.826 + max(26.254, 0)) )/ 2 )
=-18.176/( ( 23.467 + 32.08 )/ 2 )
=-18.176/27.7735
=-65.44 %

Note: The EBIT data used here is four times the quarterly (May. 2008) 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.

What does a ROC (Joel Greenblatt) % of -65.44% mean?
Peace Arch Entertainment Group (PAEGF) has a ROC (Joel Greenblatt) % of -65.44% as of May. 2008. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Peace Arch Entertainment Group and its competitors.
Is Peace Arch Entertainment Group's ROC (Joel Greenblatt) % too high?
Peace Arch Entertainment Group's current ROC (Joel Greenblatt) % is -65.44%.
How does Peace Arch Entertainment Group's ROC (Joel Greenblatt) % compare to PTSX and ASKH?
Peace Arch Entertainment Group's ROC (Joel Greenblatt) % of -65.44% can be compared against companies in the Media - Diversified industry. The industry median ROC (Joel Greenblatt) % is 9.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Media - Diversified company?
The median ROC (Joel Greenblatt) % among Media - Diversified companies is 9.69, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Peace Arch Entertainment Group and its competitors. For the Media - Diversified industry, the median ROC (Joel Greenblatt) % is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Peace Arch Entertainment Group's current ROC (Joel Greenblatt) % is -65.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Peace Arch Entertainment Group stock overvalued right now?
Peace Arch Entertainment Group (PAEGF) has a current ROC (Joel Greenblatt) % of -65.44%. The current ROC (Joel Greenblatt) % is -65.44%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Peace Arch Entertainment Group (PAEGF), the current ROC (Joel Greenblatt) % is -65.44% as of May. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Peace Arch Entertainment Group Business Description

Address 1867 Yonge Street, Suite 650, Toronto, ON, CAN, M4S 1Y5
Peace Arch Entertainment Group Inc is an integrated media company, which produces and acquires feature films, television and home entertainment content for distribution to worldwide markets.