SLDC (Solidus Communications) ROC (Joel Greenblatt) %: 9,611.43% (As of Nov. 2016)


What is Solidus Communications ROC (Joel Greenblatt) %?

Solidus Communications SLDC ROC (Joel Greenblatt) % is 9,611.43% as of Nov. 2016.

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. Solidus Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2016 was 9,611.43%.

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

SLDC's ROC (Joel Greenblatt) % is not ranked *
in the Telecommunication Services industry.
Industry Median: 14.96
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Solidus Communications  (OTCPK:SLDC) 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.


Solidus Communications ROC (Joel Greenblatt) % Related Terms


Solidus Communications ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Solidus Communications'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.

Solidus Communications ROC (Joel Greenblatt) % Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4,440.00 9,611.43

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4,440.00 9,611.43

SLDC vs HMMR, DTGI, TMUS: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Solidus Communications 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: Nov. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.025) - (2.16 + 0 + 1.324)
=-3.456

Working Capital(Q: Nov. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.051) - (2.287 + 0 + 0.133)
=-2.366

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Solidus Communications for the quarter that ended in Nov. 2016 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2015  Q: Nov. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.682/( ( (0.015 + max(-3.456, 0)) + (0.02 + max(-2.366, 0)) )/ 2 )
=1.682/( ( 0.015 + 0.02 )/ 2 )
=1.682/0.0175
=9,611.43 %

Note: The EBIT data used here is one times the annual (Nov. 2016) 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 9,611.43% mean?
Solidus Communications (SLDC) has a ROC (Joel Greenblatt) % of 9,611.43% as of Nov. 2016. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' ROC (Joel Greenblatt) % too high?
Solidus Communications' current ROC (Joel Greenblatt) % is 9,611.43%. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.96. Solidus Communications' value of 9,611.43% is 64147.5% above this industry median.
How does Solidus Communications' ROC (Joel Greenblatt) % compare to HMMR and DTGI?
Solidus Communications' ROC (Joel Greenblatt) % of 9,611.43% can be compared against companies in the Telecommunication Services industry. The industry median ROC (Joel Greenblatt) % is 14.96. Solidus Communications' value of 9,611.43% is 64147.5% above this benchmark. 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 Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.96, based on 365 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. Solidus Communications's current ROC (Joel Greenblatt) % of 9,611.43% is 64147.5% above the industry median. 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 Solidus Communications and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solidus Communications's current ROC (Joel Greenblatt) % is 9,611.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current ROC (Joel Greenblatt) % of 9,611.43%. The current ROC (Joel Greenblatt) % is 9,611.43% and 64147.5% above the Telecommunication Services industry median of 14.96. 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 Solidus Communications (SLDC), the current ROC (Joel Greenblatt) % is 9,611.43% as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.