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ROCL (Roth CH Acquisition V Co) ROC (Joel Greenblatt) % : -3.68% (As of Sep. 2024)


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What is Roth CH Acquisition V Co 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. Roth CH Acquisition V Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -3.68%.

The historical rank and industry rank for Roth CH Acquisition V Co's ROC (Joel Greenblatt) % or its related term are showing as below:

ROCL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -74.89   Med: -2.66   Max: -0.92
Current: -20.73

During the past 4 years, Roth CH Acquisition V Co's highest ROC (Joel Greenblatt) % was -0.92%. The lowest was -74.89%. And the median was -2.66%.

ROCL's ROC (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -7.47 vs ROCL: -20.73

Roth CH Acquisition V Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Roth CH Acquisition V Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Roth CH Acquisition V Co'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.

Roth CH Acquisition V Co ROC (Joel Greenblatt) % Chart

Roth CH Acquisition V Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- -74.89 -0.92 -2.66

Roth CH Acquisition V Co Quarterly Data
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 -8.99 -53.23 -1.71 -17.63 -3.68

Competitive Comparison of Roth CH Acquisition V Co's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Roth CH Acquisition V Co'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.


Roth CH Acquisition V Co's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Roth CH Acquisition V Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Roth CH Acquisition V Co's ROC (Joel Greenblatt) % falls into.



Roth CH Acquisition V Co 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)
=(0 + 0 + 17.676) - (2.919 + 0 + 0.00099999999999989)
=14.756

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 17.953) - (3.157 + 0 + 0)
=14.796

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Roth CH Acquisition V Co 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 )
=-0.544/( ( (0 + max(14.756, 0)) + (0 + max(14.796, 0)) )/ 2 )
=-0.544/( ( 14.756 + 14.796 )/ 2 )
=-0.544/14.776
=-3.68 %

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.


Roth CH Acquisition V Co  (NAS:ROCL) 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.


Roth CH Acquisition V Co ROC (Joel Greenblatt) % Related Terms

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Roth CH Acquisition V Co Business Description

Traded in Other Exchanges
N/A
Address
888 San Clemente Drive, Suite 400, Newport Beach, CA, USA, 92660
Roth CH Acquisition V Co is a blank check company.
Executives
Ryan Hultstrand officer: Co-Chief Operating Officer 888 SAN CLEMENTE DRIVE SUITE 400, NEWPORT BEACH CA 92660
Sam Chawla director 1640 MARENGO STREET, 6TH FLOOR, LOS ANGELES CA 90033
Gordon J Roth 10 percent owner, officer: Chief Financial Officer 26 CORPORATE PLAZA, NEWPORT BEACH CA 92660
John C Lipman director, 10 percent owner, officer: Co-Chief Executive Officer C/O CARTER SECURITIES LLC, 767 THIRD AVENUE 27TH FLOOR, NEW YORK NY 10017
Rick Hartfiel officer: Co-President 222 SOUTH NINTH STREET, SUITE 350, MINNEAPOLIS MN 55402
Byron Roth director, 10 percent owner, officer: Co-Chief Executive Officer 888 SAN CLEMENTE DRIVE, SUITE 400, NEWPORT BEACH CA 92660
Aaron Gurewitz officer: Co-President 888 SAN CLEMENTE DRIVE, SUITE 400, NEWPORT BEACH CA 92660
Adam Rothstein director 101 CROSS HWY, WESTPORT CA 92610
Cr Financial Holdings, Inc. 10 percent owner 888 SAN CLEMENTE DRIVE, SUITE 400, NEWPORT BEACH CA 92660
Andrew Costa officer: Co-Chief Operating Officer 888 SAN CLEMENTE DRIVE SUITE 400, NEWPORT BEACH CA 92660
Matthew Day officer: Co-Chief Operating Officer 888 SAN CLEMENTE DRIVE SUITE 400, NEWPORT BEACH CA 92660
Chlm Sponsor-5 Llc 10 percent owner 888 SAN CLEMENTE DRIVE SUITE 400, NEWPORT BEACH CA 92660
Pamela Jean Ellison director 888 SAN CLEMENTE DRIVE SUITE 400, NEWPORT BEACH CA 92660