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PLTK (Playtika Holding) ROC (Joel Greenblatt) % : 202.26% (As of Sep. 2024)


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What is Playtika Holding 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. Playtika Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 202.26%.

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

PLTK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 226.36   Med: 278.52   Max: 851.57
Current: 237.05

During the past 7 years, Playtika Holding's highest ROC (Joel Greenblatt) % was 851.57%. The lowest was 226.36%. And the median was 278.52%.

PLTK's ROC (Joel Greenblatt) % is ranked better than
81.42% of 565 companies
in the Interactive Media industry
Industry Median: 7.98 vs PLTK: 237.05

Playtika Holding's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -21.70% per year.


Playtika Holding ROC (Joel Greenblatt) % Historical Data

The historical data trend for Playtika Holding'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.

Playtika Holding ROC (Joel Greenblatt) % Chart

Playtika Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 519.21 251.17 305.87 226.36 242.21

Playtika Holding 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 192.05 230.94 208.80 301.52 202.26

Competitive Comparison of Playtika Holding's ROC (Joel Greenblatt) %

For the Electronic Gaming & Multimedia subindustry, Playtika Holding'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.


Playtika Holding's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

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

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



Playtika Holding 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)
=(160 + 0 + 138.6) - (199.6 + 40 + 186.6)
=-127.6

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(159.6 + 0 + 108.8) - (217.3 + 38.9 + 165.2)
=-153

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Playtika Holding 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 )
=411.6/( ( (206.2 + max(-127.6, 0)) + (200.8 + max(-153, 0)) )/ 2 )
=411.6/( ( 206.2 + 200.8 )/ 2 )
=411.6/203.5
=202.26 %

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.


Playtika Holding  (NAS:PLTK) 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.


Playtika Holding ROC (Joel Greenblatt) % Related Terms

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


Playtika Holding Business Description

Traded in Other Exchanges
Address
C/o Playtika Ltd, HaChoshlim Street 8, Herzliya Pituarch, ISR
Playtika Holding Corp is primarily engaged in developing mobile games. Some of its games include Board Kings, House of Fun, Poker Heat, Slotomania, and Bingo Blitz. The company has built live game operations services and a proprietary technology platform to support its portfolio of games. It primarily derives revenue from the sale of virtual items associated with online games. Geographically, the group has a business presence in the USA, EMEA, APAC and Other regions of which key revenue is derived from the USA. It offers both Mobile and Web-based platforms.
Executives
Playtika Holding Uk Ii Ltd 10 percent owner C/O GIANT INTERACTIVE GROUP INC., 988 ZHONGKAI ROAD, SONGJIANG DISTRICT, SHANGHAI F4 200160
Gili Brudno officer: Chief Human Resources Officer C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUACH L3 4672408
On Chau 10 percent owner ROOM 2506, PACIFIC PLACE APARTMENTS, PACIFIC PLACE, 88 QUEENSWAY, CENTRAL, HONG KONG K3 00000
Sino Infinity Investments Ltd 10 percent owner SUITE 402, NAN FUNG TOWER, 88 CONNAUGHT ROAD CENTRAL, HONG KONG K3 00000
Fortune Bliss Ventures Ltd 10 percent owner SUITE 402, NAN FUNG TOWER, 88 CONNAUGHT ROAD CENTRAL, HONG KONG K3 00000
Hwa Por Chua 10 percent owner SUITE 402, NAN FUNG TOWER, 88 CONNAUGHT ROAD CENTRAL, HONG KONG K3 00000
Dana Rebecca Gross director C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Lu James Fu Bin director C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Hong Du director C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Eric Rapps officer: Chief Strategy Officer C/O PLAYTIKA LTD, HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Robert Antokol director, officer: See Remarks C/O PLAYTIKA LD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
8th Wonder Corp 10 percent owner SUITES 1901-2 & 14, 19TH FLOOR, TOWER 6, THE GATEWAY, HARBOUR CITY, KOWLOON, HONG KONG K3 00000
Hotlink Investment Ltd 10 percent owner SUITES 1901-2 & 14, 19TH FLOOR, TOWER 6, THE GATEWAY, HARBOUR CITY, KOWLOON, HONG KONG K3 00000
Infinite Bandwidth Ltd 10 percent owner SEA MEADOW HOUSE, P.O. BOX 116, ROAD TOWN, TORTOLA D8 00000
Trustworthy Group Ltd. 10 percent owner SEA MEADOW HOUSE, P.O. BOX 116, ROAD TOWN, TORTOLA D8 00000