PFTI (Puradyn Filter Technologies) ROC (Joel Greenblatt) %: -204.93% (As of Dec. 2019)

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PFTI Puradyn Filter Technologies Inc PFTI
12 GF Score
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What is Puradyn Filter Technologies ROC (Joel Greenblatt) %?

Puradyn Filter Technologies PFTI 12 ROC (Joel Greenblatt) % is -204.93% as of Dec. 2019. GuruFocus rates PFTI with a GF Score™ of 12/100.

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. Puradyn Filter Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -204.93%.

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

PFTI's ROC (Joel Greenblatt) % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 11.965
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Puradyn Filter Technologies  (OTCPK:PFTI) 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.


Puradyn Filter Technologies ROC (Joel Greenblatt) % Related Terms


Puradyn Filter Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies ROC (Joel Greenblatt) % Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,918.33 -2,085.71 -2,175.00 179.03 -294.36

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -954.04 -223.07 -116.83 -151.11 -204.93

PFTI vs CSHEF, FLES, OMTK: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Puradyn Filter Technologies'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.


Puradyn Filter Technologies ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Puradyn Filter Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Puradyn Filter Technologies's ROC (Joel Greenblatt) % falls into.


PFTI
12GF Score
Puradyn Filter Technologies Inc PFTI
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Puradyn Filter Technologies 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. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.015 + 1.069 + 0.045) - (0.881 + 1.492 + 0)
=-1.244

Working Capital(Q: Dec. 2019 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.012 + 0.923 + 0.026) - (0.912 + 1.542 + -4.4408920985006E-16)
=-1.493

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Puradyn Filter Technologies for the quarter that ended in Dec. 2019 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2019 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2019  Q: Dec. 2019
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.664/( ( (0.834 + max(-1.244, 0)) + (0.79 + max(-1.493, 0)) )/ 2 )
=-1.664/( ( 0.834 + 0.79 )/ 2 )
=-1.664/0.812
=-204.93 %

Note: The EBIT data used here is four times the quarterly (Dec. 2019) 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 -204.93% mean?
Puradyn Filter Technologies (PFTI) has a ROC (Joel Greenblatt) % of -204.93% as of Dec. 2019. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Puradyn Filter Technologies and its competitors.
Is Puradyn Filter Technologies' ROC (Joel Greenblatt) % too high?
Puradyn Filter Technologies' current ROC (Joel Greenblatt) % is -204.93%. Overall, Puradyn Filter Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Puradyn Filter Technologies' ROC (Joel Greenblatt) % compare to CSHEF and FLES?
Puradyn Filter Technologies' ROC (Joel Greenblatt) % of -204.93% can be compared against companies in the Vehicles & Parts industry. The industry median ROC (Joel Greenblatt) % is 11.97. 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,332 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 Puradyn Filter Technologies and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Puradyn Filter Technologies's current ROC (Joel Greenblatt) % is -204.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puradyn Filter Technologies stock overvalued right now?
Puradyn Filter Technologies (PFTI) has a current ROC (Joel Greenblatt) % of -204.93%. The current ROC (Joel Greenblatt) % is -204.93%. Puradyn Filter Technologies' overall GF Score™ is 12/100. 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 Puradyn Filter Technologies (PFTI), the current ROC (Joel Greenblatt) % is -204.93% as of Dec. 2019. 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.

Puradyn Filter Technologies Business Description

Address 2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc is involved in designing manufacturing and distributing Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid, and gaseous contaminants from the oil through the filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
12GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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